Moody’s affirms Mapletree Commercial Trust’s ratings amid greater diversification
Amid a more diverse property portfolio and sustained earnings growth at Mapletree Commercial Trust (MCT), Moody's Investors Service has affirmed…
Keppel REIT sells stake in Ocean Financial Centre to Allianz Real Estate
Singapore-listed office-focused REIT, Keppel REIT, has sold a 20% stake in Ocean Financial Centre to Allianz Real Estate. The divestment…
PAG Real Estate fails to gain majority control of Spring REIT
PAG Real Estate has failed in its bid to gain control over at least 50% of the total units in…
Ascendas Hospitality Trust acquires hotel in Seoul for USD69 million
Ascendas Hospitality Trust (A-HTRUST) is acquiring Ibis Ambassador Seoul Insadong for KRW77.5 billion (USD69 million). It will be the Singapore-listed…
MRCB-Quill REIT warns of slower demand as revenue slips in 3Q
Malaysia-listed MRCB-Quill REIT has reported distributable income per unit (DPU) of 2.05 sen for its 3Q 2018, a fall of…
Link REIT acquires Roosevelt Plaza in Beijing for USD368 million
Link REIT Roosevelt Plaza in Tongzhou, Beijing for RMB2,560 million (USD368 million). The seven-storey mall, which was officiated in 2014,…
Keppel-KBS REIT expands footprint in Florida with USD48.5 million acquisition
Keppel-KBS US REIT is acquiring Maitland Promenade I for USD48.5 million. The property is being acquired from The Realty Associates…
Garda Capital Group increases stake in namesake REIT
Garda Capital Group has been allocated an additional 3.2 million new units Garda Diversified Property Fund as part of a…
Proposed acquisition of Sabana paves way for further consolidation of Singapore REITs
A wholly-owned subsidiary of Warburg Pincus-linked ESR Cayman Limited has proposed to acquire a controlling stake in the shareholder of…
AIMS Financial Service to acquire AMP Capital’s stake in namesake industrial REIT
AIMS Financial Service Group has proposed to acquire all of AMP Capital Investors Limited shares in the manager of AIMS…