Outlook on Lippo Malls REIT’s changed to negative despite improved liquidity
Lippo Malls Indonesia Retail Trust (LMIRT)’s liquidity has improved recently following a recapitalisation exercise, but uncertainty still surrounds the REIT’s…
First REIT receives green light to restructure master leases
A plan by First REIT to restructure its master leases with Lippo Karawaci and raise capital via a rights issue…
Ascott Residence Trust secures SGD50 million green loan
Ascott Residence Trust (ART) has obtained a SGD50 million five-year green loan from DBS Bank Ltd (DBS). Proceeds from the…
Link REIT secures GBP200 million sustainability-linked loans from BNP Paribas, DBS
Link REIT has converted two five-year loans totalling GBP200 million signed with BNP Paribas and DBS Bank in August 2020…
First REIT poised for international expansion once recapitalisation plans approved
First REIT may have been an Indonesia-focused healthcare landlord for much of its existence, but the REIT is poised to…
First REIT will avoid “sharks in the sea with blood” with lease restructurings, says lead director
First REIT has come forward to explain why it has decided against taking the legal route with regards to the…
First REIT retreats by 35% towards indicative TERP on rights issue
The unit price of Singapore-listed First REIT finished the trading day about 35% lower from its previous close, on the…
South Korean institution sets aside USD100 million for foreign REITs
A South Korean institutional investor has set aside a USD100 million war chest to acquire REITs listed outside the country,…
Keppel REIT obtains AUD300 million in green loans
Keppel REIT has obtained a total of AUD300 million (USD226 million) in green loans from United Overseas Bank Limited (UOB)…
Moody’s assign A3 rating on CapitaLand Integrated Commercial Trust’s SGD250 million notes with negative outlook
CapitaLand Integrated Commercial Trust’s (CICT’s) SGD250 million notes have received an A3 senior unsecured rating from Moody’s Investors Service with…