Singapore REITs 1Q 2021 summary
PINNED POST: the reporting season for 1Q 2021 is in full effect. To avoid cluttering our editorial coverage with routine…
Singapore publisher to transfer 23.4 million SPH REIT units into not-for-profit entity
About SGD20 million worth of SPH REIT units is about to change hands as part of a move to revamp…
ESR-REIT seeks up to SGD150 million, makes first forray overseas
Singapore-listed ESR-REIT is marking its first-ever expansion overseas with the acquisition of a stake in an Australian fund. The REIT…
Sabana REIT loses investment head within two years of appointment
Sabana REIT has lost another senior member of its management team. The REIT announced on 5 May that its head…
Ascendas REIT prices placement units at lowest end of indicative range
Ascendas REIT will be issuing 142,664,000 new units to selected investors as part of its plans to acquire the balance…
DBS starts coverage on Cromwell European REIT with eye on logistics pivot
DBS Group Research has initiated coverage on Cromwell European REIT (CEREIT), with an eye on its pivot out of the…
Frasers Centrepoint Trust sees SGD10 million fund outflow amid retail restrictions
Singapore-listed retail-focused REIT Frasers Centrepoint Trust (FCT) saw some SGD10 million in net institutional fund outflow for the trading week…
Singapore tightens entry into retail malls on emergence of new COVID-19 clusters
As a sector, Singapore-listed retail REITs are currently trading at an average discount of about 10% to book value according…
ESR-REIT to dispose Serangoon, Toh Guan assets for SGD53 million
ESR-REIT is divesting 11 Serangoon North Avenue 5 and 3C Toh Guan Road East for approximately SGD53.0 million, excluding divestment…
IREIT Global marks forray into France by acquiring 27 Decathlon assets
Yet another office-focused REIT is diversifying into a new asset class. Singapore-listed office IREIT Global announced on 28 April that…