Headwinds facing US office REITs to persist in 2023 amid tepid attendance
When COVID-19 broke out globally in 2020, offices across the world were shut in favour of work-from-home (WFH) arrangements. And…
Offshore REITs with US assets not in danger of tax crackdown, say Singapore managers
One of the promises that President Joe Biden made while on the campaign trail as the Democratic presidential nominee was…
CapitaLand Integrated Commercial Trust sees SGD16.5 million inflow of institutional funds
CapitaLand Integrated Commercial Trust (CICT) was the top Singapore Exchange (SGX)-listed REIT acquired by institutional investors during the trading week…
Subsidiary of SPH disposes 38 million units in Prime US REIT via married deal
A subsidiary of Singapore Press Holdings (SPH) has disposed of 38 million units in Prime US REIT via a married…
Prime US REIT plunges 6% on married deal volume
The unit price of Prime US REIT has fallen by as much as 6% during business hours on 9 November…
Prime US REIT’s occupancy slips in 3Q 2021 as leasing momentum picks up
Data from Prime US REIT’s latest disclosure has been incorporated into the Singapore REITs table. Prime US REIT’s gross revenue…
Prime US REIT unfazed by impending loss of WeWork’s tenancy at Emeryville asset
Prime US REIT looks set to lose the tenancy of a WeWork subsidiary at its Emeryville office tower, but the…
Prime US REIT explains income, distribution dips despite ‘return-to-office’ trend
Prime US REIT has provided an explanation of why it reported lower net property income and distribution for its 1H…
Prime US REIT reports 5.4% decline in DPU for 1H 2021
Data from Prime US REIT’s latest disclosure have been updated into the Singapore REITs table. Prime US REIT reported on…
Prime US REIT acquires San Diego, Boca Raton office towers for USD245.5 million
Prime US REIT is acquiring two grade A office towers in California and Florida for USD245 million. The assets are…