Updates on REITs capital and financing.
Fitch Ratings downgrades Ascott REIT’s outlook to negative
Fitch Ratings has revised Ascott REIT’s outlook from stable to negative amid an unprecedented downturn…
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Ascendas REIT’s impending securities program receives ‘low risk’ rating
Ascendas REIT’s newly proposed securities program has been deemed as “low risk” by a credit…
New Century REIT seeks to harness lower interest rates wirth new loans
New Century REIT has taken on new loans, and restructured an existing facility in its…
Ascott Residence Trust resets distribution for SGD250 million perps
Ascott Residence Trust (ART) has reset the distribution rate on its SGD250 million fixed rate…
Sunway REIT launches USD165 million placement to fund office tower
Sunway REIT has launched an MYR710 million (USD165 million) private placement exercise to raise funds…
Mapletree Industrial Trust explains rise in projected gearing post-data centres acquisition
Upon the acquisition of a remaining stake in 14 US data centres it currently co-owns,…
Dasin Retail Trust raises SGD94 million from tepid placement
Dasin Retail Trust has raised approximately SGD94 million (USD67 million) from the issue of 120.5…
Shari’ah REITs cleared to issue up to 263 million new units as expansion looms
Two Malaysia-listed Shari’ah compliant REITs have been cleared to issue about 263 million new units…
Mapletree Industrial Trust prices placement for data centres acquisition at top-end of range
The private placement launched by Mapletree Industrial Trust (MIT) has been over-subscribed. With that, the…
Mapletree Industrial Trust launches SGD350 million placement for remaining stake in US data centres
Mapletree Industrial Trust (MIT) is acquiring the remaining 60% interest in 14 US data centres…