CDL Hospitality Trust reports declines in revenue, distribution for 1Q 2019
Amid falling RevPAR and average occupancy figures, CDL Hospitality Trust (CDLHT) has announced lower revenue and distribution for its latest…
CDL acquires stakes in IREIT Global and its manager
Singapore-listed property developer CDL has acquired stakes in IREIT Global, and its manager via indirect wholly-owned subsidiaries. Its subsidiary known…
Ascott REIT posts 7% increase in 1Q DPU on higher revenue
Ascott Residence Trust (Ascott REIT) has reported higher distribution figures on the back of better revenue, especially from its Singapore…
Manulife US REIT to raise USD94 million for Washington property purchase
Manulife US REIT is acquiring a Grade A office building in Washington DC, and will raise at least USD94 million…
Ascendas REIT reports 6.1% rise in DPU amid new income from UK, Australia
Ascendas REIT has reported a distribution per unit (DPU) of 4.148 Singapore cents for its 4Q FY 2018/19, a growth…
Sabana REIT divulges gameplan behind revamp of flagship asset
Sabana REIT has warned investors that it expects a muted performance in 1H 2019, citing challenging market conditions. The industrial…
Mapletree Logistics Trust reports 4.5% increase in DPU
Mapletree Logistics Trust’s (MLT’s) distribution per unit (DPU) for 4Q 18/19 rose 4.5% year-on-year to 2.024 Singapore cents. With that…
Cohen & Steers becomes substantial unitholder of Parkway Life REIT
New York-based investment management company, Cohen & Steers, has increased its stake in Parkway Life REIT by acquiring 1,356,600 units…
ARA US Hospitality Trust eyes listing on Singapore Exchange
ARA US Hospitality Trust has filed its preliminary prospectus with the financial regulators of Singapore, with a view of eventually…
Starhill Global REIT reports higher DPU amid improving office occupancies
Starhill Global REIT has reported a distribution per unit (DPU) of 1.10 Singapore cents for its 3Q FY18/19, 0.9% higher…