Sabana REIT to revamp flagship asset with non-industrial tenants as DPU continues falling
Sabana REIT continues to face challenges in the Singapore industrial market but will press on with its rejuvenation efforts, including…
CapitaLand’s office REIT achieves 6.7% uplift in 4Q DPU on new income
Singapore office REIT CapitaLand Commercial Trust (CCT) has reported a distribution per unit (DPU) of 2.22 cents for its 4Q…
Ascott REIT assures investors that Raffles Place asset was properly valued
Amid questions over the value of a property which is being divested, Ascott REIT has assured investors the asset’s appraisal…
DBS, OCBC maintain ‘Buy’ on Frasers Centrepoint Trust given strong rents, occupancies
DBS Equity Research and OCBC Investment Research have both maintained their respective ‘Buy’ ratings on Frasers Centrepoint Trust (FCT), citing…
Mapletree Logistics Trust sees 23% jump in revenue for 3Q
Mapletree Logistics Trust (MLT) has reported a distribution per unit (DPU) 2.002 Singapore cents for its 3Q FY18/19, an increase…
Link REIT cancels out 2.6 million units from market
Hong Kong-listed Link REIT has acquired, and cancelled out 2,665,500 units from the Stock Exchange of Hong Kong (SEHK). These…
Phillips Edison Grocery Center REIT III acquires North Virginia mall
Phillips Edison Grocery Center REIT III (PECO III) has announced the acquisition of Ashburn Farm Market Center (Ashburn Farm). The…
Buy less Singapore REITs in 2019, says Morgan Stanley
Morgan Stanley is recommending investors to buy less Singapore REITs in 2019 as it expects weaker DPU growth, and fewer…