Institutional investors gravitate towards industrial REITs as COVID-19 pummels earnings in other segments
The top Singapore Exchange (SGX) counter acquired by institutional investors for the trading week that began on 20 July was…
Elite Commercial REIT sees more demand for spaces at its assets as UK stares down recession
Even as the UK prepares for a deep recession amid the COVID-19 pandemic, Elite Commercial REIT expects an increase in…
Hong Kong REITs brace for losses as property valuations fall
Two more Hong Kong-listed REITs have issued profit warnings, as property values across the country plunge in tandem with rising…
Charter Hall Group disposes stake in Waypoint REIT
Charter Hall Group has sold its entire 5% holding in Waypoint REIT. Waypoint REIT is Australia’s largest listed REIT that…
GLP J-REIT carries out opportunistic disposal of Kobe asset for JPY1.93 billion
GLP J-REIT has disposed of its asset in Kobe, GLP Seishin, for JPY1.93 billion (USD18.5 million). The property was sold…
New Century REIT looks set to discard interim distribution amid falling rents
Amid difficult operating conditions, Hong Kong-listed New Century REIT looks set to discard interim distributions for its 1H 2020. The…
Ayala Land REIT projects dividend yield of 5.9% for 2021
Application for the initial public offering (IPO) of Ayala Land REIT is now open, paving the way for the Philippines…
Singapore REITs report mixed bag of earnings amid uncertain operating climate
Several Singapore REITs have continued to report in their financial results for 1H 2020, amid uncertain operating conditions brought about…
Supermarket Income REIT acquires Newmarket Tesco outlet for GBP61 million
Supermarket Income REIT has announced the acquisition of the Tesco Extra outlet in Newmarket, Suffolk for GBP61 million (USD78 million).…
Link REIT makes first foray into UK with GBP380 million acquisition
Link REIT has agreed to acquire its first property in the UK, and will be procuring The Cabot, at 25…