Karen Lee

REITs

ESR-LOGOS REIT appoints former ALOG CEO Karen Lee as deputy CEO

The REIT also announced other changes to its board and management.
ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update  - THE EDGE SINGAPORE

Results

ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update

The significantly higher growth was partly due to the retention of the $2.5 million distributable income retained in 1QFY2020.
ALOG divests ALOG Changi DistriCentre 2 for $16.7 mil - THE EDGE SINGAPORE

REITs

ALOG divests ALOG Changi DistriCentre 2 for $16.7 mil

The consideration is said to be around 7.7% above the property's valuation of $15.5 million.
ARA LOGOS Logistics Trust reports 11.3% higher 3Q DPU of 1.461 cents on stronger performance - THE EDGE SINGAPORE

Results

ARA LOGOS Logistics Trust reports 11.3% higher 3Q DPU of 1.461 cents on stronger performance

Unitholders can expect to receive their DPU on Nov 27, 2020.
ARA LOGOS Logistics Trust acquires properties and fund investments in Australia for total consideration of $404.4 mil, first since rebranding - THE EDGE SINGAPORE

REITs

ARA LOGOS Logistics Trust acquires properties and fund investments in Australia for total consideration of $404.4 mil, first since rebranding

Following the transactions, ARA LOGOS’s deposited property value will increase by 28.2% to $1.7 billion.
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