Facing COVID-19 distress, Ascott REIT skips first call on SGD250 million perps
In a bid to diversify its funding sources, Ascott Residence Trust (Ascott REIT) has decided to forego the first call…
Singapore REITs could see further deterioration in cash flows with latest proposed bill
Singapore-listed REITs could see a further deterioration in near-term cash flows, despite a gradual opening up of the economy from…
Eagle Hospitality Trust answers SGX but fresh worries brew over property value
Eagle Hospitality Trust has addressed queries raised by the Singapore Exchange (SGX) with regards to its decision to withhold distributions.…
CapitaLand’s China REIT completes divestment of ageing asset
CapitaLand Retail China Trust (CRCT) has completed the disposal process for CapitaMall Erqi. The property was disposed of by the…
Hankyu Hanshin REIT completes acquisition of Shibaura Renasite Tower
Hankyu Hanshin REIT has completed the acquisition of a 10% stake in the Grade A office property in Tokyo, Shibaura…
Supermarket Income REIT teams up with British Airways fund for stake in 26 Sainsbury’s stores
Supermarket Income REIT has entered into a 50-50 joint venture (JV) with British Airways Pension Fund to acquire a stake…
Chinese bank subsidiary disposes 18.1 million units of EC World REIT
BOCOM International Holdings has disposed of 18,182,000 units in EC World REIT. The units were disposed via a market transaction…
The Vanguard Group increases stake in BWP Trust by 6.4 million units
US-based investment advisor, The Vanguard Group, has seen its stake in BWP Trust increase by 6.4 million units over the…
Hong Kong REITs extend losses amid growing unrest over security law
Hong Kong REITs extended losses from the previous trading session on 25 May after thousands took to the streets over…
Tang Jialin acquires another 2 million units of Suntec REIT
Tang Jialin, the father of billionaire businessman Gordon Tang, has acquired 2 million units of Suntec REIT. The units were…