Charter Hall teams up with Allianz for AUD648 million acquisition
Charter Hall Group has teamed up with Allianz Real Estate to acquire the AUD648 million (USD449 million) portfolio of ALDI…
National Storage REIT to issue 30.7 million new units after upsize option
National Storage REIT is issuing approximately 30,789,784 new units following the close of its security purchase plan (SPP). The SPP…
New Century REIT cleared to buy-back units at AGM
New Century REIT has received a resounding general mandate to buy-back units of the REIT from the market. The mandate…
BlackRock acquires 7.7 million units of Mapletree Logistics Trust
Global investment prime BlackRock has acquired 7,701,800 units of Singapore-listed REIT, Mapletree Logistics Trust (MLT). The units were acquired via…
Parliamentary proceedings point to measured approach on Rental Waiver Bill
Singapore is about to pass yet another law that could stifle near-term cash flows of REITs with properties in the…
Link REIT posts 6.8% revenue jump for FY20 despite COVID-19
Link REIT’s revenue and net property income for its FY2020 increased by 6.8% and 6.9% year-on-year to HKD10,718 million (USD1.38…
Arena REIT to raise up to AUD60 million via equity fundraising
Arena REIT is undertaking a fully underwritten AUD50 million institutional placement at an issue price of AUD2.28 per new unit.…
Keppel REIT expects more compelling acquisition opportunities in 2H 2020
The COVID-19 pandemic will temper income from office properties for the next few years, and this could even lead to…
Vicinity Centres halts distribution, raises cash amid virus troubles
Vicinity Centres has decided to not to pay any distribution for the six months ending 30 June 2020 to further…
First REIT poised to lose rental support from sponsor and master lessees
Singapore-listed healthcare REIT, First REIT, looks set to lose the rental support it has been enjoying from its sponsor and…