iREIT Global

Units in iREIT closed flat at 64 cents on May 19, or 0.9 times P/NAV, according to PhillipCapital's estimates.

IREIT Global plans to acquire 27 properties from Decathlon which is likely to be yield accretive but NAV dilutive

Target price was increased from 68 to 70 cents following the REIT’s announcement of its FY2020 results.

REITs with non-Singapore portfolios, most notably EC World REIT, do well at this year's Centurion Club awards.

EHT says investigations are still ongoing and that none of the individuals have been charged for any offence.

When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.

During a results briefing by City Developments (CDL), CEO Sherman Kwek said the group is exploring establishing a REIT listed on the Singapore Exchange for its commercial assets in UK and would most likely aim for a listing in 1Q2021.

IREIT Global's outlook is looking pretty good.

SINGAPORE (April 8): Since Mar 23, when the FTSE Straits Times REIT Index touched its lowest level this year, it is up around 16.5% as at Apr 8.  The top five performers since Mar 23 have done much better (see chart 1). IREIT Global for instance is up 47

RHB initiates coverage on IREIT Global with a target price of 92 cents