ANALYSIS: How Consistent Are Reits’ Dividend Returns In Volatile Markets? Asia Pacific REITs’ dividend returns ranged from 3.8% to 9.8%, with an average yield of 6.0% between 2000 and 2020. Given the wide-ranging payout rate, an active approach is required to enhance investment portfolio return. By Patrick Ma, Director, Listed Products and Research, Admiral Investments …
ANALYSIS: How Consistent Are Reits’ Dividend Returns In Volatile Markets? Read More »
First REIT 9-Months Net Property Income Up 40% on Contribution From Acquisition Nov 12, 2022 – First REIT reported higher nine-month to end September rental and net property income. The manager reported a distribution per unit (DPU) of 0.66 Singapore cents for the three months ended 30 September 2022 and 1.98 Singapore cents for 9M 2022. The payment …
First REIT 9-Months Net Property Income Up 40% on Contribution From Acquisition Read More »
EC World REIT Q3 Net Property Income Down 5.4%, DPU Falls 17.9% Nov 12, 2022 – EC World Real Estate Investment Trust (ECW) posted gross revenue and net property income of S$29.8 million and S$27.1 million respectively, which were 5.5% and 5.4% lower respectively compared to the corresponding period a year ago, largely due a weaker RMB …
EC World REIT Q3 Net Property Income Down 5.4%, DPU Falls 17.9% Read More »
CLMT To Acquire Queensbay Mall In Penang For RM990.50 Million (US$210 Million) Nov 9, 2022 – CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), announced the acquisition of 91.8% of the total strata floor area of retail parcels in Queensbay Mall from its sponsor for RM990.50 million. The acquisition will be …
CLMT To Acquire Queensbay Mall In Malaysia Penang For RM990.50 Million (US$210 Million) Read More »
LMIR Trust Reports Q3 Net Income Growth, DPU Unchanged Nov 9, 2022 – Lippo Malls Indonesia Retail Trust (LMIR Trust) reported rental revenue and gross revenue growth of 68.6% and 67.4% year-on-year to S$29.9 million and S$51.7 million respectively, for the third quarter ended September 30, 2022 (Q32022). Net property income for the period was up …
LMIR Trust Reports Q3 Net Income Growth, DPU Unchanged Read More »
CapitaLand China Trust’s 9-Months Revenue Up 7% Nov 4, 2022- CapitaLand China Trust (CLCT) reported gross revenue of 1.4 billion yuan (S$272 million) for the first nine months ended Sept 30, up 7% from 1.3 billion yuan in the year-ago period, on positive rental reversions. Its retail assets achieved a +4.9% rental reversion as traffic …
CEO And Managing Director, Grant Kelley, To Retire From Vicinity Nov 4, 2022 – After more than five years in the role, Mr Kelley will retire from Vicinity by 30 June 2023, to facilitate a smooth and coordinated transition to his successor, the company said in an exchange statement. Vicinity will commence a search for Mr Kelley’s …
CEO And Managing Director, Grant Kelley, To Retire From Vicinity Read More »
OUE C-REIT Q3 Distribution Down 13% to S$26M Nov 3, 2022 – The manager of OUE Commercial Real Estate Investment Trust (OUE C-REIT), announced that net property income for the financial period 1 July 2022 to 30 September 2022 (Q3) increased 4.4% year-on-year to S$48.3 million. However, the amount available for distribution fell 13.3% year-on-year to S$26 million …
Sasseur REIT Takes China Assets’ Re-financing In Stride ReitAsiaPac spoke to Cecilia Tan, CEO of Sasseur Asset Management Pte Ltd, and asked her about her views on China, where its zero-Covid policy and property slump have dampened economic growth and caused concerns among investors. There have been defaults among Chinese developers who have sought to …
Sasseur REIT Takes China Assets’ Re-financing In Stride (INTERVIEW) Read More »
Frasers Hospitality Trust Records Higher DPS Of 1.6355 Singapore Cents In FY2022 Nov 4, 2022 – FHT’s gross revenue and net property income grew by 13.5% and 22.7% year-on-year (YoY) respectively with sustained improvement in the portfolio’s operating performance during the second half of FY2022 due to continued, gradual recovery in the hospitality industry. In 2H FY2022, FHT’s Distribution …
Frasers Hospitality Trust Records Higher DPS Of 1.6355 Singapore Cents In FY2022 Read More »