Credit outlooks on Ascott, Frasers hospitality trusts upgraded as travel resumes
Moody’s Investor Service (Moody’s) has upgraded the credit ratings outlook on two Singapore-listed hospitality trusts given the resumption of leisure…
Suntec REIT clarifies target leverage ratio amid rising interest rates
Suntec REIT has shed more light on its capital management strategy as spotlight falls on its relatively high levels of…
Sabana REIT explains why it seeks mandate for new units, Quarz Capital remains unconvinced
Sabana Industrial REIT (Sabana REIT) has come forward to explain why it is seeking a mandate to issue new units…
Mapletree Commercial Trust sees SGD8.6 million rout in institutional funds
Mapletree Commercial Trust (MCT) has once again emerged as the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors.…
Lendlease REIT reports strong take-up for preferential offering
Lendlease Global Commercial REIT’s (LREIT’s) preferential offering exercise was 1.4 times subscribed. The REIT disclosed on 14 April that the…
Embassy REIT to issue INR10 million in debentures via private placement
Embassy Office Parks REIT (Embassy REIT) has progressed a plan to issue up to INR10 million in non-convertible debentures (NCDs).
CapitaLand Integrated Commercial Trust’s negative outlook maintained on elevated leverage
The credit ratings outlook on CapitaLand Integrated Commercial Trust (CICT) remains negative given its high leverage and uncertainties over the…
Lendlease Global Commercial REIT prices placement at lowest end of indicative range
Lendlease Global Commercial REIT (LREIT) has priced its private placement units at SGD0.725. This represents the lowest end of an…
Lendlease Global Commercial REIT launches equity fundraising exercise
Lendlease Global Commercial REIT (LREIT) has launched an equity fundraising exercise to generate at least SGD573.8 million in proceeds. The…
Keppel REIT takes on SGD127 million revolving credit facility
Keppel REIT has taken on an SGD127 million revolving credit facility. The loan facility is guaranteed by RBC Investor Services…