Keppel REIT acquires Keppel Bay Tower for SGD657 million
Keppel REIT is acquiring a 100% stake in Keppel Bay Tower from Keppel Land Limited for SGD657.2 million (USD490 million).…
Frasers Centrepooint Trust to divest Anchorpoint for SGD110 million
Singapore retail REIT, Frasers Centrepoint Trust (FCT) is divesting Anchorpoint Shopping Centre for SGD110 million (USD82 million). The property will…
SC Capital’s proposal for Eagle Hospitality Trust “highly risky”, says sponsor
The sponsor of Eagle Hospitality Trust (EHT) has cast doubts over plans that have been forwarded by its new prospective…
CapitaLand’s China REIT launches development asset at full occupancy
CapitaLand Retail China Trust (CRCT) has opened the doors of its development property, CapitaMall Nuohemule in Hohhot, at 100% occupancy.…
Mapletree Logistics Trust acquires Hiroshima logistics asset
Mapletree Logistics Trust (MLT) has acquired Higashi Hiroshima Centre for JPY6,370 million (SGD82.1 million). The asset is a newly built…
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,…
United Hampshire US REIT’s model resistent to e-commerce, says UOB Kay Hian
Amid shifting consumer preferences, United Hampshire US REIT’s e-commerce-resistant business model has earned it a ‘Buy’ recommendation from UOB Kay…
Shareholder of Eagle Hospitality Trust’s manager appeals against removal
The sole shareholder of Eagle Hospitality Trust’s (EHT’s) manager has filed an appeal with Singapore’s Finance Minister, Heng Swee Keat,…
Suntec REIT flies into headwinds on rising office vacancies, tepid retail numbers
Suntec REIT is poised to benefit from new income contributions from its recently acquired properties in Australia and the UK.…
Australian REIT secures major anchor tenant despite COVID-19 woes
An ASX-listed REIT has secured a major multinational anchor tenant at its Grade A office property, despite COVID-19 related lockdowns…