US-focused office REITs exhibit income resilience despite lockdowns
US office REITs in Singapore have demonstrated income resilience despite lockdowns that were enacted across the country amid the COVID-19…
Dexus disposes 45 Clarence Street for AUD530 million
Australia-listed REIT, Dexus, has conditionally exchanged contracts to sell 45 Clarence Street, Sydney. The sale will realise net proceeds of…
Mapletree Industrial Trust launches SGD350 million placement for remaining stake in US data centres
Mapletree Industrial Trust (MIT) is acquiring the remaining 60% interest in 14 US data centres currently held by Mapletree Redwood…
GLP J-REIT acquires stakes in four properties for USD360 million
GLP J-REIT is acquiring stakes in four logistics properties from its sponsor and parent, Global Logistics Properties (GLP). The REIT,…
Soilbuild REIT obtains maiden green loan to finance business complex
Soilbuild REIT has obtained an AUD equivalent green loan of SGD80 million from OCBC Bank and RHB Bank Berhad. The…
Asian logistics REITs to power ahead amid post-pandemic changes in consumer behaviour
COVID-19 may have ravaged earnings for retail and hospitality REITs, but REITs in a contrasting segment look set to benefit…
Moody’s finally withdraws ratings on ESR-REIT, years after request to do so
Moody’s Investor Services has withdrawn the Baa3 issuer rating on ESR-REIT. The agency has also withdrawn the (P)Baa3 senior unsecured…
Arena REIT meets upper range of distribution guidance for FY2020
Arena REIT has declared a distribution of 6.85 Australian cents for the six months ending 30 June. The distribution is…
Suntec REIT to grow beyond Australia, Singapore for future acquisitions
Suntec REIT’s properties are currently located only in Australia and Singapore but its manager has articulated intentions to acquire assets…
IREIT secures five-year lease with ÁREAS at office property in Barcelona
Singapore-listed IREIT Global has secured a 5-year lease for approximately 3,450 square metres of office space with ÁREAS. The lease…