Japan Hotel REIT acquires Hilton Tokyo Odaiba for JPY62.4 billion
Japan Hotel REIT (JHR) Investment Corporation has acquired Hilton Tokyo Odaiba for JPY62.4 billion (USD538 million). Hilton Tokyo Odaiba is…
OUE Commercial REIT to merge with OUE Hospitality Trust and form a USD5 billion REIT
OUE Commercial REIT is merging with OUE Hospitality Trust to form a SGD6.8 billion (USD5 billion) mixed commercial REIT, which…
SPH REIT reports marginal increase in DPU for 2Q 2019
SPH REIT has reported a distribution per unit (DPU) of 1.41 Singapore cents for its 2Q 2019, an increase of…
Eagle Hospitality Trust aims for USD575 million IPO in Singapore
Los Angeles-based property developer Urban Commons is reportedly aiming for an initial public offering (IPO) in Singapore for the Eagle…
Link REIT completes issue of ‘green’ convertible bonds
Link REIT has completed a convertible bonds issue exercise, that could potentially dilute the holdings of existing unitholders by approximately…
Selected office REITs poised to reap benefits from 2019 Master Plan
A new urban redevelopment masterplan recently released by the Singapore government is set to benefit a handful of office-focused REITs.…
Keppel REIT chooses not to upsize SGD200 million convertible bond issue
Keppel REIT has chosen not to upsize its SGD200 million (USD147 million) convertible bond issue, which suggests that the exercise…
DBS expects Singapore REITs to reach 2013 highs as concerns over rates ease
Singapore-listed REIT’s have recorded returns of about 14% in the year-to-date, but current momentum could see them go even higher,…
Keppel REIT proposes issue of up to SGD250 million in convertible bonds
Keppel REIT intends to issue SGD200 million (USD147 million) in convertible bonds of five-year maturity, which are convertible into new…
Champion REIT lengthens debt maturity with new USD675 million loan
Champion REIT has obtained HKD5.3 billion (USD675 million) worth of five-year unsecured loan facilities from nine leading financial institutions in…