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REIT
REITs
Cromwell European REIT divests French non-core asset for EUR5.8 mil
The manager of CEREIT has entered into a promissory deed to divest its Parc de Popey asset for approximately $9.3 million.
June 22, 2021
Results
MNACT reports lower full year DPU, but slight improvement for second half
As of March 31, MNACT’s portfolio of 11 properties are appraised at $7,674.1 million, down 8.1% from the preceding year.
April 22, 2021
REITs
Mapletree explores US$1 billion student housing REIT IPO
At US$1 billion, it would be the country’s biggest REIT listing since 2013
April 22, 2021
REITs
Soilbuild REIT adjusts privatisation offer to 53.806 cents from 55 cents as previously stated
As at 9.04am, units in Soilbuild REIT are trading 0.5 cent higher or 0.9% up at 53.5 cents.
February 17, 2021
Results
Mapletree Commercial Trust reports 1.9% lower 3Q revenue; sees rebound in shopper traffic and tenant sales in update
The declines were mainly due to the rental rebates granted to eligible tenants who were affected by Covid-19.
January 27, 2021
Broker's Calls
Analysts positive on Sunpower Group's M&S divestment
Both UOB Kay Hian and DBS Group Research have rated Sunpower at "buy".
January 11, 2021
STI watch
STI up 1.33% following vaccine rollout; positive outlook in 2021
Week-on-week, the index was up 1.19% from 2,825.51.
December 14, 2020
REITs
Cromwell European REIT to buy 11 properties in Czech and Slovakia for $183.6 million
CEREIT has acquired €220.2 million in light industrial and logistics assets this year
December 11, 2020
REITs
Ascendas REIT to list 133.9 mil preferential offering new units at $2.96 per unit
The new units will be listed and quoted on the mainboard of the SGX-ST at 9am on Dec 9.
December 08, 2020
Corporate moves
How should unitholders view the Sabana REIT and ESR-REIT merger?
Five reasons why a merger with ESR-REIT would be beneficial for its unitholders
November 17, 2020