manager

Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil - THE EDGE SINGAPORE

REITs

Mapletree Industrial Trust acquires 29 data centres in the US for US$1.3 bil

The manager of MINT says the acquisition will be financed via proceeds from an equity fundraising and debt.
FLCT declares 9.5% higher DPU of 3.8 cents for 1H21 - THE EDGE SINGAPORE

Results

FLCT declares 9.5% higher DPU of 3.8 cents for 1H21

FLCT reported a record revenue of $231.7 mil for the period, up 95% y-o-y.
Ascendas REIT reports dip in portfolio occupancy to 90.6% in 1Q21 business update - THE EDGE SINGAPORE

Results

Ascendas REIT reports dip in portfolio occupancy to 90.6% in 1Q21 business update

The REIT did not release DPU or revenue figures for 1QFY2021.
New UK properties boost Elite Commercial REIT's 1Q21 DPU by 65% to 1.22 pence - THE EDGE SINGAPORE

Results

New UK properties boost Elite Commercial REIT's 1Q21 DPU by 65% to 1.22 pence

Contributions from the new assets drove 1Q21 revenue up 88% y-o-y to GBP6.6 mil.
Parkway Life REIT posts 1Q21 DPU of 3.57 cents, up 7.4% y-o-y - THE EDGE SINGAPORE

Results

Parkway Life REIT posts 1Q21 DPU of 3.57 cents, up 7.4% y-o-y

PLife REIT’s Japan portfolio contributed nearly 40% of its total NPI of $28.8 mil.
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.

EC World REIT manager appoints new deputy CEO and CFO

SINGAPORE (Jan 20): EC World Asset Management has appointed Alvin Cheng as its new executive director and deputy chief executive officer (CEO) with immediate effect.
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