REIT

REITs

Elite UK REIT submits planning application for data centre site in Blackpool

The REIT manager has secured power supply sufficient for the proposed data centre facility.

REITs

Tenant of Sabana REIT’s premises in Tuas Ave 8 placed in provisional liquidation

For FY2023 ended December, the tenant accounted for about 2.4% of the REIT’s total gross rental income.
IOI Properties readies Singapore-listed office REIT as income profile shifts - THE EDGE SINGAPORE

REITs

IOI Properties readies Singapore-listed office REIT as income profile shifts

Lee believes that a REIT listed in Singapore makes sense because this is an asset class readily understood by investors here

Results

Mapletree Logistics Trust reports 3QFY2023 dpu of 2.227 cents, up 1.9%

Some 83% of its total debt had been hedged into fixed rates
Manulife US REIT: Resilient amidst evolving dynamics - THE EDGE SINGAPORE

kopi-C: the Company brew

Manulife US REIT: Resilient amidst evolving dynamics

"We are witnessing a once-in-a-generation change in how and where Americans work and the implications for the US office market."
Keppel REIT reports 2HFY2021 DPU of 2.88 cents - THE EDGE SINGAPORE

Results

Keppel REIT reports 2HFY2021 DPU of 2.88 cents

The value of the portfolio as at Dec 31 2021 was $8.9 billion.
CICT to divest One George Street, to book net proceeds of $344.8 mil - THE EDGE SINGAPORE

REITs

CICT to divest One George Street, to book net proceeds of $344.8 mil

The Grade A office is sold at $2,875 per square foot
First REIT declares 41.4% lower 9MFY2021 DPU on rights issue and rental reliefs  - THE EDGE SINGAPORE

Results

First REIT declares 41.4% lower 9MFY2021 DPU on rights issue and rental reliefs

The 9MFY2021 DPU decline is mainly due to the issuance of 791 million rights units on Feb 24.
The next steps in real estate: tokenisation and fractionalisation - THE EDGE SINGAPORE

REITs

The next steps in real estate: tokenisation and fractionalisation

Real estate can be tokenised and fractionalised into small units to be listed on a digital exchange in an STO
Hongkong Land narrows P/NAV discount, spurs interest in stock - THE EDGE SINGAPORE

Property

Hongkong Land narrows P/NAV discount, spurs interest in stock

Hongkong Land's share buyback programme has spurred interest in the stock, marking the start of ways to narrow P/NAV discount
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