10 best & worst performing Singapore REITs in 2015
2015 has generally been a dismal year for Singapore-listed REITs and trusts. Only five counters finished the year higher that…
Matthews International Funds disposes 242K units of Ascendas India
United States-registered business trust, Matthews International Funds (MIF), has disposed off 242,500 units of Singapore-listed Ascendas India Trust (SGX:CY6U). The…
Lippo Malls REIT obtains SGD100 million term loan facility
Singapore listed, Indonesia-focused retail REIT, Lippo Malls Indonesia Retail Trust (SGX:D5IU), announced on 30 December that it has obtained an…
Ascendas REIT appoints Ascendas-Singbridge CEO as board vice-chair
Manager of Ascendas REIT (SGX:A17U), Ascendas Funds Management (S) Limited, has appointed Miguel Ko as vice-chairman and non-executive director, the…
Pavilion REIT to acquire Intermark Mall for MYR160 million
Malaysia-listed retail REIT, Pavilion REIT, announced on 29 December that it has entered into a sale and purchase agreement to…
First REIT receives approval for property transaction in Surabaya
First REIT has received unitholders approval at an extraordinary general meeting (EGM) held on 29 December to partake in an…
Viva Industrial Trust partially repays credit facility with offering proceeds
Viva Industrial Trust (SGX:T8B) announced on 28 December that it has utilised approximately SGD5.0 million from a preferential offering exercise…
Ascendas REIT to acquire Sydney property for AUD76.6 million
Singapore-listed industrial REIT, Ascendas REIT (SGX:A17U) announced on 24 December that it will be acquiring a logistics property in Sydney,…
Ascendas Hospitality Trust mulls takeover offer
The manager of Singapore-listed Ascendas Hospitality Trust (SGX:Q1P) disclosed on 23 December that it is currently in talks with an…
Suntec REIT completes divestment of Park Mall
Singapore-listed retail and office REIT, Suntec REIT (SGX:T82U), completed the divestment of Park Mall on 22 December. Park Mall is…