Fitch Ratings assigns BBB+ rating on Mapletree Logistics Trust
Fitch Ratings has assigned Mapletree Logistics Trust (MLT) with a long-term issuer default rating of 'BBB+' with an outlook of…
ESR REIT divests Changi South asset at 7.8% premium
ESR-REIT is divesting 45 Changi South Avenue 2, a general industrial building, for SGD11.1 million (USD8.25 million). The sale consideration…
Keppel REIT sees SGD8.6 million in net institutional fund outflow
Keppel REIT has emerged as the top REIT disposed of by institutional investors, in terms of net outflow, for the…
Ascott Residence Trust takes possession of Clarke Quay hotel on tenant default
Ascott Residence Trust (ART) has taken possession of Park Hotel Clarke Quay, following a failure by its master tenant to…
Keppel DC REIT disposes Brisbane data centre in widely expected move
Keppel DC REIT is divesting iseek Data Centre in Brisbane, Australia for AUD34.5 million (USD25 million). Keppel DC REIT has…
CEO of Keppel REIT’s manager resigns
The chief executive of Keppel REIT’s manager, Paul Tham, will relinquish his post on 20 October to “pursue other opportunities”.…
Elite Commercial REIT projects 3% uplift in pro forma DPU with TISE listing
Elite Commercial REIT announced on 27 August that it has successfully listed a wholly-owned subsidiary on The International Stock Exchange…
ESR-REIT keeps data centre dreams alive at Ang Mo Kio asset
ESR-REIT’s exclusive negotiation with a data centre operator, which would have occupied a significant amount of space at 7000 Ang…
Principal Global Investors remains upbeat on REITs despite rate hike prospects
Conventional wisdom suggests that REITs are anathema to rising interest rates. But in an interview with REITsWeek, a portfolio manager…
Lippo Malls REIT re-opens 7 more retail malls as Indonesia eases restrictions
Lippo Malls Indonesia Retail Trust (LMIRT) announced on 25 August that it has re-opened seven more malls in its portfolio.…