Cromwell European REIT acquires light industrial asset in Germany
Cromwell European REIT is acquiring a light industrial and logistics asset in Sangerhausen, Germany. The property is freehold, with 30,557…
Morgan Stanley warns of headwinds facing retail, hotel REITs
The global spread of COVID-19 will stifle the performance of hospitality, and retail-related REITs, warns Morgan Stanley.
EC World REIT expects non-renewal at Wuhan property as DPU slips
EC World REIT has reported a distribution per unit (DPU) of 1.510 cents, a decline of 3.8% year-on-year. The REIT’s…
DBS downgrades Keppel DC REIT as price hits lofty heights
DBS has downgraded its rating on Singapore-listed data centre landlord, Keppel DC REIT. The REIT has been trading above SGD2.50…
Frasers office REIT unitholders to enjoy fee reprieve for odd lot trades
Frasers Commercial Trust (FCOT) unitholders who trade in odd lots of Frasers Logistics and Industrial Trust (FLT) units will not…
United Hampshire US REIT to list on SGX with 22 self-storage, grocery properties
United Hampshire US REIT has lodged a preliminary prospectus to list on the Singapore Exchange (SGX). It will be the…
Cromwell European REIT allays COVID-19 concerns as DPU beats forecast
Cromwell European REIT (CEREIT) has reported a distribution per unit (DPU) of 4.08 Euro cents for its FY2019. After adjusting…
CEO of IREIT Global tenders resignation
The CEO of IREIT Global’s manager, Aymeric Thibord, has tendered his resignation. Under the terms of his employment, Thibord will…
Ascendas REIT divests Changi South property for SGD17.8 million
Ascendas REIT is divesting 25 Changi South Street 1 for SGD20.3 million. The two-storey warehouse is being sold to Hao…
Sasseur REIT still uncertain of mall reopening dates as DPU falls 18%
Sasseur REIT has reported a distribution per unit (DPU) of 1.629 Singapore cents for its 4Q 2019. This represents a…