Frasers Centrepoint Trust to issue 28.8 million new units in preferential offering
Singapore-listed retail REIT, Frasers Centrepoint Trust, will be issuing 28,818,174 new units in the preferential offering exercise that what first…
Eagle Hospitality Trust remains in negative territory amid falling tourist arrivals
Against the backdrop of less-than-stellar tourist arrival figures into the US, unit price of Eagle Hospitality Trust has fallen by…
Moody’s confirms Frasers Centrepoint’s Trust’s Baa1 rating as concentration risks eases
Moody's Investors Service has confirmed the Baa1 issuer rating of Frasers Centrepoint Trust (FCT). The confirmation concludes a review that…
GPT Group acquires five logistics properties for AUD212 million
The GPT Group has purchased five logistics properties in Sydney for AUD212 million. The assets feature a total lettable area…
Gordon Tang disposes 1.8 million units of Cromwell European REIT
Singapore-based property tycoons Gordon and Celine Tang have jointly disposed off 1,828,900 units of Cromwell European REIT. The husband and…
Expect more Singapore REIT mergers ahead, says Principal Global Investors
Singapore may have emerged as a hub for REITs in the Asia-Pacific region, but market fragmentation across the sector likely…
Acquisition of Sabana REIT units a move to diversify income, says ESR
ESR’s further acquisition of Sabana REIT units has been done to enhance its income diversification, the company said in its…
Garda Diversified Property Fund settles AUD5.9 million acquisition
Garda Diversified Property Fund has settled the acquisition of a 4.1 hectare industrial site located at 498 Progress Road, Wacol…
UOA REIT reports DPU of 2.21 sen amid lower rental income
UOA REIT has reported a total income of MYR19.6 million for its 1Q 2019. The REIT’s total rental income slipped…
ESR Cayman strengthens hold on Sabana REIT with multi-million units deals
Warburg Pincus-backed ESR Cayman has further strengthened its control over Sabana REIT by acquiring more units in the REIT, and…