real estate investment trust (REIT)

Residential Secure Income: REIT with defensive UK portfolio, scale and valuation - THE EDGE SINGAPORE

Global stocks

Residential Secure Income: REIT with defensive UK portfolio, scale and valuation

RSI invests in residential and social-housing sectors with a focus on independent retirement rentals and shared ownership.
CapitaLand Commercial Trust files court application to sanction trust scheme; Moody's downgrades CapitaLand Mall Trust to A3 - THE EDGE SINGAPORE

REITs

CapitaLand Commercial Trust files court application to sanction trust scheme; Moody's downgrades CapitaLand Mall Trust to A3

Units in CMT and CCT closed at $1.95 and $1.67 respectively, on Oct 1.

REITs

High-yield REITs to face challenges as lockdowns are lifted

The hospitality sector continues to be the worst performing sector. Despite their pedigree, CDL Hospitality Trusts (CDL-HT) and Ascott Residence Trust (ART) ranked among the REITs with the highest yields (see chart 1), based on their historic DPUs. REITs

Results

Eagle Hospitality Trust misses IPO forecast by 24.4% with 4Q DPS of 1.179 US cents

Eagle Hospitality Trust has missed its IPO forecasts for 4Q19. Since its IPO in May last year, the counter has sunk some 32%.

REITs

Mapletree Logistics Trust eyes $41.4 mil acquisition of logistics property in South Korea

Based on the purchase price, the acquisition is expected to generate stabilised NPI yield of 6.4%. It is also expected to be accretive at the distribution level.

IPO

United Hampshire US REIT starts roadshow

A second real estate investment trust has started a cornerstone roadshow. United Hampshire US REIT is looking to list on Singapore Exchange at a yield of 6.5% to 7% in March.

IPO

REIT IPOs lack institutional support and liquidity, say REITAS office bearers

SINGAPORE (July 3): While real estate investment trusts have been able to raise equity to acquire properties, REIT Association of Singapore (REITAS) secretary Jerry Koh laments that market liquidity is sorely lacking.

IPO

US-based Eagle Hospitality Trust swoops in on Singapore listing

SINGAPORE (Apr 2): Singapore could soon see the listing of its very first US hospitality pure-play real estate investment trust (REIT).

In print this week

Dovish Fed, stable rates continue to buoy REITs as office space fundamentals improve

SINGAPORE (Feb 18): The “less hawkish, more dovish” US Federal Reserve statements since December are likely to limit the upside for the US dollar. In a recent report, economists at Maybank-Kim Eng say: “The risks of further or aggressive tightening

Results

Parkway Life REIT declares 1Q DPU of 3.17 cents, 3.4% lower than a year ago in absence of one-off distribution gain

SINGAPORE (Apr 30): The manager of Parkway Life REIT (PLife REIT) has declared a 1Q18 distribution per unit (DPU) of 3.17 cents, down 3.4% from its 1Q17 DPU of 3.28 cents due to the absence of a one-off distribution of divestment gain in the previous year
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