OCBC calls ‘Buy’ on Starhill Global REIT despite macro headwinds
With delays in redevelopment approvals, falling property valuations, and consecutive years of distribution per unit (DPU) declines, Starhill Global REIT…
MRCB-Quill REIT reports 19% fall in DPU for 1H 2019
MRCB-Quill REIT (MQREIT) has reported a distribution per unit (DPU) of 3.43 sen for its 1H 2019, a fall of…
UBS becomes substantial unitholder of Cromwell European REIT
Swiss banking giant UBS AG has emerged as a substantial unitholder of Cromwell European REIT. The REIT is a Singapore-listed…
OUE Hospitality Trust sees 9.4% fall in DPS on lower revenue
OUE Hospitality Trust (OUEHT) has reported distribution per stapled security (DPS) of 1.06 Singapore cents for its 2Q 2019, a…
Headwinds facing Singapore hospitality REITs to fade, says Morgan Stanley
Hospitality REITs with significant exposure to the Singapore market may soon emerge from headwinds facing the sector, said Morgan Stanley…
First REIT DPU for 2Q 2019 comes in flat on higher property expenses
Healthcare landlord First REIT has reported distribution per unit (DPU) of 2.15 Singapore cents for its 2Q 2019, unchanged from…
ORIX JREIT takes on JPY5.9 billion debt to acquire retail property
Japan’s ORIX JREIT (OJR) Inc has taken debt financing of JPY5.9 billion to partly fund the acquisition of Sendai Minamimachidori…
CapitaLand’s China REIT to raise at least SGD273 million via equity fundraising
CapitaLand Retail China Trust (CRCT) has proposed to launch an equity fund raising exercises that will partly fund the acquisition…
Lippo Malls REIT sees improved DPU for 2Q 2019
Lippo Malls Indonesia Retail Trust has reported a 1.7% year-on-year growth in distribution per unit (DPU) to 0.60 Singapore cents…
Ascendas Hospitality Trust reports 5.2% fall in DPS for 1Q
Ascendas Hospitality Trust has reported a distribution per stapled security (DPS) of 1.28 Singapore cents for its 1Q 2019, a…