ESR-REIT reduces exposure to Hyflux-related company with new leases
ESR-REIT has further reduced its exposure to Hyflux Membranes, by securing two new leases at 8 Tuas South Lane. Hyflux…
First REIT pulls plug on new Surabaya hospital after sinkhole damage
First REIT has terminated plans to develop a new hospital property in Surabaya. The plan was terminated after the development…
Ascott Residence Trust resets distribution for SGD250 million perps
Ascott Residence Trust (ART) has reset the distribution rate on its SGD250 million fixed rate perpetual securities. As reported in…
Sunway REIT launches USD165 million placement to fund office tower
Sunway REIT has launched an MYR710 million (USD165 million) private placement exercise to raise funds that will be used to…
Mapletree Industrial Trust explains rise in projected gearing post-data centres acquisition
Upon the acquisition of a remaining stake in 14 US data centres it currently co-owns, Mapletree Industrial Trust’s (MIT’s) aggregate…
Dasin Retail Trust raises SGD94 million from tepid placement
Dasin Retail Trust has raised approximately SGD94 million (USD67 million) from the issue of 120.5 million new units in a…
APN Convenience Retail REIT faces 6.6 million-unit sell-down
APN Convenience Retail REIT (AQR) has received advice of an impending sell-down from one of its significant unitholders. The REIT,…
Soilbuild REIT obtains green light to appoint affiliate in Pioneer Sector 1 revamp
Soilbuild Business Space REIT (Soilbuild REIT) has received approval from unitholders to appoint an affiliate company in carrying out the…
Shari’ah REITs cleared to issue up to 263 million new units as expansion looms
Two Malaysia-listed Shari’ah compliant REITs have been cleared to issue about 263 million new units to investors.
Mapletree Industrial Trust prices placement for data centres acquisition at top-end of range
The private placement launched by Mapletree Industrial Trust (MIT) has been over-subscribed. With that, the placement has been priced at…