Bolstered by tobacco: how one Singapore REIT finds redemption in demand for nicotine
COVID-19 has disrupted the businesses of landlords all over the world, but a Singapore-listed REIT has found redemption in an…
EC World REIT renews lease with China tobacco company
EC World REIT has renewed a major lease amounting to 159,752 square metres at its Hengde Logistics property with China…
EC World REIT reports 10.4% decline in DPU for 2Q
Data from EC World REIT’s latest results have been updated into the Singapore REITs table. EC World REIT’s distribution per…
EC World REIT sees departure of chief investment officer amid Police investigations
The 35-year-old chief investment officer (CIO) of EC World REIT’s manager, Li Jinbo, has left the company amid ongoing Police…
EC World REIT plunges 21% on news of Police investigations
The unit price of EC World REIT fell by as much 21% in the first half of the trading session…
Asian logistics REITs to power ahead amid post-pandemic changes in consumer behaviour
COVID-19 may have ravaged earnings for retail and hospitality REITs, but REITs in a contrasting segment look set to benefit…
Chinese bank subsidiary disposes 18.1 million units of EC World REIT
BOCOM International Holdings has disposed of 18,182,000 units in EC World REIT. The units were disposed via a market transaction…
EC World REIT reports 23% decline in DPU due to rental rebates
Chinese e-commerce logistics-focused REIT, EC World REIT, has reported a distribution per unit (DPU) of 1.158 cents for the quarter…
EC World REIT expects non-renewal at Wuhan property as DPU slips
EC World REIT has reported a distribution per unit (DPU) of 1.510 cents, a decline of 3.8% year-on-year. The REIT’s…
Institutional investors turn tepid on Singapore REITs at dawn of 2020
Institutional investors demonstrated lukewarm interest in Singapore-listed REITs for the trading week that began on 30 December. Based on funds…