Soilbuild Business Space REIT

Blackstone sees potential in both private and public markets - THE EDGE SINGAPORE

Markets

Blackstone sees potential in both private and public markets

Blackstone sees advantages in both public and private markets, and keeps an eye on the exit with private funds
Soilbuild REIT’s privatisation offer is likely to be met with approval from unitholders - THE EDGE SINGAPORE

REITs

Soilbuild REIT’s privatisation offer is likely to be met with approval from unitholders

Soilbuild Business Space REIT's sponsor has teamed up with a unit of Blackstone Group to take the REIT private at $0.55 per unit
Soilbuild REIT disposes 72 Loyang Way asset for $34.1 mil with remaining lease of 19 years

Property

Soilbuild REIT disposes 72 Loyang Way asset for $34.1 mil with remaining lease of 19 years

SINGAPORE (Mar 21): Soilbuild Business Space REIT (Soilbuild REIT) has agreed to sell its industrial property at 72 Loyang Way, and all of its mechanical electrical equipment, to Kim Hock Enterprise for a total consideration of $34.08 million.

Property

Soilbuild REIT to enter Australia with acquisition of 2 properties for total $116.3 mil

SINGAPORE (Sept 9): Soilbuild Business Space REIT is making its entry Down Under with the proposed acquisition of two properties in Australia for a total of A$116.3 million ($116.3 million).

Broker's Calls

KTL Offshore could be next to default on Soilbuild Business REIT: Phillip Capital

SINGAPORE (Nov 10): Phillip Capital remains negative on the outlook of Soilbuild Business Space REIT as it maintains “reduce” on the REIT with a target price of 61 cents, which represents an implied FY17 P/NAV multiple of 0.86 times.

Broker's Calls

Falling rents expected to persist for Industrial REITs

SINGAPORE (Aug 22): Phillip Securities Research is keeping its “equal weight” rating on the industrial REITs sub-sector amid prolonged negative reversions.

These 3 trusts have generated the highest yields as SGX newcomers

SINGAPORE (Aug 22): Over the past five years, as many 15 trusts – comprising 10 real estate investment trusts (REITs) and stapled trusts – have listed on the Singapore Exchange (SGX) to make up about one quarter of the combined market capitalisation o

Broker's Calls

72 Loyang Way property a ‘wild card’ for Soilbuild REIT

SINGAPORE (July 17): OCBC Investment Research is maintaining its “hold” recommendation on Soilbuild Business Space REIT with a fair value estimate of 67 cents on the back of significant headwinds facing the group’s multi-tenanted assets.

Results

Soilbuild REIT 2Q DPU falls 6.3% to 1.466 cents

SINGAPORE (July 13): The manager of Soilbuild Business Space REIT has decalred a distribution per unit (DPU) of 1.466 cents for the second quarter ended June, a 6.3% decline from DPU of 1.565 cents a year ago.
Sabana REIT 8 Commonwealth Lane

In print this week

Are fees paid to REIT managers really the problem?

SINGAPORE (April 13): The extraordinary general meeting requisitioned by 66 disgruntled unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) that has been scheduled for April 28 could see a lively debate about t
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