ARA US Hospitality Trust prices IPO, indicates distribution yield of 8% for 2019
ARA US Hospitality Trust has priced its initial public offering (IPO) at USD0.88 per stapled security. This translates to an…
Ascott REIT posts 7% increase in 1Q DPU on higher revenue
Ascott Residence Trust (Ascott REIT) has reported higher distribution figures on the back of better revenue, especially from its Singapore…
Ascendas REIT reports 6.1% rise in DPU amid new income from UK, Australia
Ascendas REIT has reported a distribution per unit (DPU) of 4.148 Singapore cents for its 4Q FY 2018/19, a growth…
Mapletree Logistics Trust reports 4.5% increase in DPU
Mapletree Logistics Trust’s (MLT’s) distribution per unit (DPU) for 4Q 18/19 rose 4.5% year-on-year to 2.024 Singapore cents. With that…
Cohen & Steers becomes substantial unitholder of Parkway Life REIT
New York-based investment management company, Cohen & Steers, has increased its stake in Parkway Life REIT by acquiring 1,356,600 units…
Starhill Global REIT reports higher DPU amid improving office occupancies
Starhill Global REIT has reported a distribution per unit (DPU) of 1.10 Singapore cents for its 3Q FY18/19, 0.9% higher…
Manulife US REIT sees 0.7% growth in DPU for 1Q 2019
Manulife US REIT has announced a 0.7% year-on-year growth in its adjusted DPU to 1.51 US cents for its 1Q…
Suntec REIT launches placement exercise to raise up to SGD200 million
Suntec REIT has proposed to issue 84.7 million new units in a placement exercise to raise gross proceeds of approximately…
Sasseur REIT expands footprint on Hefei Outlets with RMB98.3 million acquisition
Sasseur REIT is acquiring additional shop units at the annex block of Sasseur (Hefei) Outlets for RMB98.3 million (SGD19.8 million).…
CapitaLand’s China REIT sees 5.8% dip in DPU for 1Q 2019
CapitaLand Retail China Trust (CRCT) has reported a distribution per unit (DPU) of 2.59 cents for its 1Q 2019, down…