Starhill Global REIT allays concerns over popularity of online shops, suburban malls
Despite the growing popularity of online shopping and suburban malls, the manager of Starhill Global REIT remains confident about its…
Wealthy Fountain Holdings acquires 2.2 million units of IREIT Global
Wealthy Fountain Holdings, a wholly owned company of Chinese property tycoon Tong Jinquan, has acquired 2,222,393 units of Singapore-listed IREIT…
Singapore Exchange launches Asia Pacific REIT index for new ETF
Singapore Exchange (SGX) announced on 29 August that it has launched an index to track a basket of 30 REITs…
Croesus Retail Trust reports 6.9% increase in DPU for 4Q 2016 after restating figures for 2015
Singapore-listed Croesus Retail Trust has achieved a distribution per unit (DPU) of 1.70 Singapore cents for its 4Q 2016, an…
Sabana REIT takes on new Islamic financing facilities of up to SGD108 million
Sabana REIT has arranged for new Shari’ah-compliant financing facilities totalling up to SGD108 million (USD 80 million) with a number…
Fitch Ratings affirms Mapletree Industrial Trust’s ‘BBB+’ ratings
Fitch Ratings has affirmed Mapletree Industrial Trust’s long-term issuer default rating of ‘BBB+’ with a stable outlook, citing the REIT’s…
AmanahRaya REIT reports 6.3% fall in 2Q 2016 DPU on lower property income
AmanahRaya REIT has declared a distribution per unit (DPU) of 1.49 sen for its 2Q 2016, a fall of approximately…
Lippo Malls REIT secures loan facilties of up to SGD350 million for property acquisitions
Lippo Malls Indonesia Retail Trust has obtained committed unsecured term loan facilities of up to SGD350 million (USD260 million) with…
Suntec REIT receives nod to list 1.75% convertible bonds for Melboune property acquisition
Suntec REIT’s plans to list SGD300 million (USD221 million) in aggregate principal amount of 1.75% convertible bonds have received in-principle…
Soilbuild REIT launches preferential offering to fund property acquisition
Soilbuild Business Space REIT has launched a preferential offering exercise to raise some SGD59.4 million by issuing up to 94,353,672…