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REIT
Company in the news
CapitaLand to grow new economy assets in China to $5 bil
Investments will include business parks, logistics and data centres.
November 16, 2020
Results
CapitaLand says it sees 'encouraging signs of recovery' in 3Q business update
Shares in CapitaLand closed 6 cents higher or 2.4% up at $2.57 on Nov 3.
November 03, 2020
Broker's Calls
Analysts mixed over CDLHT as it posts weaker 3Q20 results
Maybank Kim Eng has maintained their "hold" call, while RHB Group Research has maintained their "buy" call on CDLHT.
November 03, 2020
Right Timing
Cyclicals drag STI towards March low
STI continues to be weighed down by property stocks, banks and REITs, and could test its March low.
October 30, 2020
Results
Starhill Global REIT reports 19.2% lower NPI in 1QFY2020/2021 due to rental assistance
For the same quarter, net property income (NPI) fell 19.2% y-o-y to $29.8 million.
October 28, 2020
REITs
Unitholders of Starhill Global REIT may now opt to receive new units instead of cash through distribution reinvestment plan
The DRP was established on Oct 28. It has been approved by unitholders at the annual general meeting (AGM) held on the same day.
October 28, 2020
Results
Mapletree Industrial Trust posts 1% dip in 2Q DPU of 3.10 cents on enlarged unit base
This brings DPU for 1HFY2020/2021 to 5.97 cents, 4.2% lower than the DPU of 6.23 cents a year ago.
October 27, 2020
Company in the news
MAS moves to oust the manager of Eagle Hospitality Trust
MAS has serious concerns about EH-REIT Mgt’s ability and commitment to comply with rules and regulations
October 26, 2020
Broker's Calls
'Buy' Ho Bee Land on strong recurring income: UOB Kay Hian
UOB Kay Hian has re-initiated coverage of Ho Bee Land with a “buy” rating and a TP of $3.32, citing "strong recurrent income"
October 22, 2020