The Rail Mall

Paragon REIT to divest The Rail Mall for $78.5 mil - THE EDGE SINGAPORE

REITs

Paragon REIT to divest The Rail Mall for $78.5 mil

Paragon REIT is divesting The Rail Mall for $78.5 million.

Broker's Calls

SPH REIT has organic opportunities to look forward to before acquisitions kick in

SINGAPORE (Oct 12): Analysts are generally keeping a positive stance on SPH REIT following its results announcement yesterday.

Results

SPH REIT posts marginally higher 4Q DPU of 1.43 cents

SINGAPORE (Oct 11): SPH REIT announced that its 4Q18 DPU saw a slight increase to 1.43 cents, compared to 1.42 cents in 4Q17.

Results

SPH REIT posts flat 3Q DPU of 1.37 cents as net property income falls

SINGAPORE (July 10): The manager of SPH REIT has declared distribution per unit (DPU) of 1.37 cents for the 3Q ended May, unchanged from a year ago.

Broker's Calls

Can SPH REIT do its magic on The Rail Mall?

SINGAPORE (May 3): DBS is maintaining its “buy” call on SPH REIT with a target price of $1.07.

Property

SPH REIT acquires The Rail Mall for $63.2 million

SINGAPORE (Apr 30): SPH REIT is acquiring The Rail Mall for $63.2 million from Pulau Properties.

Results

SPH REIT posts unchanged 1Q19 DPU of 1.34 cents

SINGAPORE (Jan 4): The manager of SPH REIT has announced a 1Q19 distribution per unit (DPU) of 1.34 cents, which remains unchanged from a year ago and will be paid to unitholders on Feb 15.
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