distribution per unit (DPU)

Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit - THE EDGE SINGAPORE

REITs

Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit

The private placement was approximately 5.5 times covered including the upsize option.
CapitaLand Commercial Trust reports 9.1% lower DPU of 2 cents for 3Q, trust scheme of arrangement effective Oct 21 - THE EDGE SINGAPORE

Results

CapitaLand Commercial Trust reports 9.1% lower DPU of 2 cents for 3Q, trust scheme of arrangement effective Oct 21

Unitholders can expect the clean-up distribution to be paid by Nov 30.
Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update - THE EDGE SINGAPORE

Results

Keppel DC REIT posts 22.1% rise in DPU to 2.357 cents in 3Q update

For the nine-month period, the REIT also saw a 16.5% y-o-y growth in DPU of 6.732 cents.
Analysts maintain their estimates on Keppel REIT following 'another stable quarter' - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain their estimates on Keppel REIT following 'another stable quarter'

The analysts at DBS have maintained their "buy" call while RHB's analyst has also maintained his "neutral" recommendation.
Soilbuild REIT 3QFY2020 DPU up 19.8% y-o-y to 1.10 cents - THE EDGE SINGAPORE

Results

Soilbuild REIT 3QFY2020 DPU up 19.8% y-o-y to 1.10 cents

This brings the REIT’s DPU for the nine months to 2.728 cents.
SPH REIT posts 4Q DPU of 0.54 cents, defers 0.52 cents DPU to FY2021 - THE EDGE SINGAPORE

Results

SPH REIT posts 4Q DPU of 0.54 cents, defers 0.52 cents DPU to FY2021

For the 2HFY20, the REIT posted DPU of 1.04 cents, 63.5% lower than the 2.85 cents in 2HFY19.
S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian

The analysts are maintaining their “overweight” call on the sector.

REITs

Starhill REIT announces tax transparency extension; upcoming distribution expected to be below 90% of taxable income for FY19/20

The manager of Starhill Global Real Estate Investment Trust (SGREIT) has announced it will be utilising the tax transparency extension extended by the Ministry of Finance, and the Inland Revenue Authority of Singapore (IRAS).

Company in the news

Eagle Hospitality Trust to sacrifice distributions for the 'preservation and protection' of portfolio

“Given the present developments, it would no longer be feasible or practicable for the managers and the REIT trustee to effect the payment of the distribution in part or at all at this juncture,” says EHT’s manager.

Broker's Calls

CCT's mixed 1Q results prompt analysts to cut DPU forecasts

SINGAPORE (April 30): CapitaLand Commercial Trust’s (CCT) mixed 1Q FY20 results have prompted analysts to lower their distribution per unit (DPU) forecasts amid the novel coronavirus (Covid-19) pandemic.
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