Fitch affirms Realty Income’s ratings at BBB+ on stable cashflows
The ratings of New york Stock Exchange (NYSE)-listed REIT, Realty Income, has been affirmed by Fitch at BBB+ The affirmation…
MRCB-Quill REIT reports nil growth in 1H 2018 DPU
MRCB-Quill REIT has reported distributable income per unit of 2.28 sen for its 2Q 2018, an increase of 0.9% compared…
Nippon Prologis REIT takes on JPY6.3 billion loan with SMBC, MUFG Bank
Nippon Prologis REIT is refinancing its existing debts by taking out new unsecured loan tranches with Sumitomo Mitsui Banking Corporation…
Keppel DC REIT expands data centre footprint in Sydney
Keppel DC REIT is building a new extension to its data centre within the Macquarie Business Park precinct in Sydney…
Manulife US REIT sees 63.4% rise in revenue for 2Q on income from new properties
Manulife US REIT has reported a distribution per unit (DPU) of 1.30 Singapore cents for its 2Q 2018, a fall…
Analysis: OUE Commercial REIT languishes near 52-week low despite office recovery
Rent rates for Singapore offices are finally showing signs of recovery. In tandem with these expectations, REITs with significant exposure…
Nexus REIT completes acquisition of food court, gas station for USD5.1 million
Nexus REIT has completed the acquisition of a property in Beamsville, Ontario for approximately CAD6.6 million (USD5.1 million). The property…
Analysis: Starhill Global REIT finds slight reprieve in office recovery
Amid a recovery in the Singapore office market, sentiments surrounding Starhill Global REIT has largely turned more positive. However, a…
Melcor REIT reports 6% growth in revenue on income from new properties
Melcor REIT has reported revenue growth of 6% in both its 2Q, and the year to date. Correspondingly, the REIT’s…
Singapore retail REITs under greater threat from new retail space, says Moody’s
The increase in new retail spaces will pose a greater threat to REITs in Singapore over the next 12-18 months…