Property tycoon Gordon Tang to acquire Suntec Reit manager
Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8% Acrophyte Asset Management, controlled by property tycoon Gordon…
Tag
Reit
EC World Reit granted more time until May 2026 to submit resumption proposal
SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations EC World Real Estate Investment Trust’s (ECW) application for more time to submit…
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a total cash consideration of S$50.5 million to…
Manulife US Reit unitholders agree to strategic pivot into non-office sectors
The shareholders approve two resolutions to support the Reit’s ‘Growth and Value Up’ plan Unitholders of Manulife US Reit (MUST) have approved a broadened investment mandate for the real…
Stocks to watch: ST Engineering, ESR-Reit, OUE Reit, Hutchison Port Holdings Trust, Soilbuild Construction
The following companies saw new developments that may affect trading of their securities on Monday (Dec 15): Source link
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan…
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit) has entered into a S$100 million unsecured loan…
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders Long-suffering unitholders have grilled Manulife US Reit’s manager on its recovery plan – including…
Keppel Reit to acquire additional one-third stake in MBFC Tower 3
Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU Keppel Reit has agreed to acquire an additional one-third interest in Marina Bay…
Stocks to watch: Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11): Source link
Mainboard debutants YZJ Maritime, Centurion Accommodation Reit among additions to iEdge Singapore Next 50 indices
The combined weightage of these two counters and Golden Agri-Resources will be around 9% Yangzijiang (YZJ) Maritime, Centurion Accommodation Real Estate Investment Trust (Reit) and Golden…
Manulife US Reit proposes strategic pivot to retail, living, industrial sectors
It seeks mandates for US$350 million in divestments and US$600 million in acquisitions Manulife US Reit is seeking unitholder approval for a growthplanthat simultaneously expands its…
Stocks to watch: Centurion, Manulife US Reit, Seatrium, Wilmar, LHN, Marco Polo Marine
The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Centurion: The company has expanded its Australian footprint into Perth,…
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Low Keng Huat: The majority shareholders of Low Keng Huat (Singapore) (LKH)…
Stocks to watch: UOB, Lendlease Reit, IHH Healthcare, Cordlife
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 27): UOB: A High Court judge on Wednesday upheld his decision to award UOB S$17.7…
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this year Brookfield Asset Management and Singapore’s…
Link Reit H1 DPU down 5.9% at HK$1.2688 amid macro headwinds, sectoral challenges
Hong Kong-listed Link Real Estate Investment Trust (Reit), which owns Singapore’s Jurong Point and a major part of Thomson Plaza, recorded a distribution per unit (DPU) of HK$1.2688 for…
Stocks to watch: SGX, CSE Global, Manulife US Reit, Keppel Reit, Wilmar, CDL
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 20): Source link
Keppel Reit trustee prices S$100 million perpetual securities at 3.28%
The trustee of Keppel Real Estate Investment Trust (Keppel Reit), HSBC Institutional Trust Services (Singapore), on Wednesday (Nov 19) priced its offering of S$100 million worth of…
Manulife US Reit bags two-year lease renewal with US Treasury
The government department makes up 5.3% of the Reit’s total gross rental income Manulife US Real Estate Investment Trust (MUST) secured a 24-month lease renewal with its fifth-largest…
IOI Properties eyes Reit listings in Malaysia, Singapore, with assets of US$8 billion
Malaysia’s IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with…
IOI Properties eyeing Reit listings in Malaysia and Singapore: sources
Malaysia’s IOI Properties Group is exploring two real estate investment trust (Reit) listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources with…
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs The manager of United Hampshire US Reit posted a distributable income of US$7…
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025 The manager of EC World Reit posted a net property income of S$9 million for its third quarter…