CapitaLand Mall Trust’s NPI for 2020 to dampen by up to 20% due to COVID-19
CapitaLand Mall Trust’s (CMT’s) net property income (NPI) for FY2020 is expected to dampen by as much as 20%, given…
Unitholders approve formation of CapitaLand Integrated Commercial Trust
Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger between…
Frasers Centrepoint Trust’s impending offering loses allure amid 6% fall in unit price
Frasers Centrepoint Trust (FCT) has reported "strong demand" for its private placement units, with the exercise being 2.8 times subscribed.…
UOA REIT to raise MYR280 million for office tower acquisition
Malaysia-listed UOA REIT has entered into a conditional sale and purchase agreement to acquire UOA Corporate Tower, which is located…
Frasers Centrepoint Trust to raise up to SGD1.44 billion via placement, rights issue
Frasers Centrepoint Trust (FCT) will raise some SGD1,327.3 million (USD950 million) from an equity fund raising (EFR) exercise. A mandate…
Mapletree North Asia REIT expands mandate, acquires stake in Gangnam property
In a bid to further diversify its sources of income geographically, Mapletree North Asia Commercial Trust (MNACT) has expanded its…
CapitaLand Retail China Trust languishes at 5-month lows amid institutional fund outflows
China-focused retail REIT, CapitaLand Retail China Trust (CRCT) saw another SGD5.5 million (USD4 million) in net institutional fund outflows for…
Link REIT buys back another 2.2 million units from market
Asia’s largest REIT, Link REIT, is maintaining a steady course on its unit buy-back programme. Data from the stock exchange…
Eagle Hospitality Trust terminates master lease agreements
Eagle Hospitality Trust has terminated the master lease agreements (MLAs) for all 18 properties in its portfolio. The move has…
Elite Commercial REIT soothes market jitters as UK COVID-19 cases spike
Elite Commercial REIT has assured investors that it is facing an increase in demand for its spaces despite worsening economic…