Link REIT’s negative financial profile addressed by rights issue, says Fitch
Link REIT’s financial profile has been negatively impacted by its overseas acquisitions, but the recently announced rights issue will address…
Mapletree Logistics Trust sees outflow of institutional funds on weak manufacturing data
Mapletree Logistics Trust sees outflow of institutional funds on weak manufacturing data Mapletree Logistics Trust (MLT) was the top REIT…
Keppel Pacific Oak US REIT addresses concerns over tech layoffs
Keppel Pacific Oak US REIT (KORE) has responded to questions over layoffs in the tech sector, amid ongoing purges to…
Expecting trip in bank covenant, Moody’s downgrades Lippo Malls REIT
Moody's Investors Service has downgraded the corporate family rating (CFR) of Lippo Malls Indonesia Retail Trust (LMIRT) to Caa1 from…
Manulife US REIT mulls steps to reduce debt amid elevated gearing levels
Manulife US REIT has outlined the various options it is considering to reduce debt in the near and medium term,…
BWP Trust reports 3.6% rise in total income for 2H 2022
Australian REIT BWP Trust reported on 8 February that its total income for the half-year ended 31 December 2022 was…
CapitaLand’s flagship REIT sees SGD12.7 million rout of institutional funds
CapitaLand Integrated Commercial Trust (CICT) was the top SGX-listed REITdisposed of by institutional investors last week. This is the second…
ESR-LOGOS REIT provides rental reversion guidance for 2023
ESR-LOGOS REIT has provided a hint of where rents for its assets might be heading in 2023, after it recorded…
Embassy REIT prepares for foray into new market in 2023
Embassy Office Parks REIT (Embassy REIT) remains upbeat over its prospects in 2023, but it is now taking steps to…
Melcor REIT completes divestment of Kelowna asset in bid to free credit
Melcor REIT has completed the divestment of Kelowna Business Centre in Kelowna, British Columbia. The three-storey asset was divested for…