REIT AsiaPac

Sign up for our newsletter

Asia Pacific

CBRE Survey Shows Low Investor Risk Appetite As Interest Rate Seen As Unlikely In 1H 2024

November 18, 2023 – CBRE Asia Pacific Cap Rate survey for the third quarter showed that investor risk appetite remains low amid a delayed recovery in investment activity. A majority of respondents expect a recovery from Q2 2024 onwards with the potential for an interest rate cut in the first half of 2024 seen as …

CBRE Survey Shows Low Investor Risk Appetite As Interest Rate Seen As Unlikely In 1H 2024 Read More »

Fraser Hospitality Trust’s H2 Distribution Per Security Rises 26.4% To S$1.1777

Nov 7, 2023 – Fraser Hospitality Trust (FHT)’s second-half net property income rose 19.5% year-on-year to S$45.3 million, according to a company statement. Continued recovery in global tourism and the growing events and MICE (meetings, incentives, conferences and exhibitions) segments in various cities saw FHT’s gross revenue increase by 17.8% year-on-year to S$61 million. It …

Fraser Hospitality Trust’s H2 Distribution Per Security Rises 26.4% To S$1.1777 Read More »

Global REITs Down 5% in Oct, Underperforming Equities; Japan REITs Showed Resilience

By Patrick Ma, Director, Listed Products and Research, Admiral Investments Nov 7, 2023 – The theme of a “higher for longer” interest rate outlook remained dominant in October for the global capital markets, especially following the release of the September FOMC meeting minutes that suggested higher interest rates might be necessary to cap inflation at …

Global REITs Down 5% in Oct, Underperforming Equities; Japan REITs Showed Resilience Read More »

Frasers Logistics & Commercial Trust Second-Half DPU Down 6.6%

Nov 4, 2023 – Frasers Logistics & Commercial Trust (FLCT) reported revenue of S$212.8 million and adjusted net property Income of S$155.5 million for the six months ended September 30, 2023, representing decreases of 0.8% and 4.0% respectively, from S$214.5 million and S$162.1 million in the same period last year. The year-on-year decreases were mainly due …

Frasers Logistics & Commercial Trust Second-Half DPU Down 6.6% Read More »

CapitaLand China Trust Issues CNY Bonds Within China Pilot Free Trade Zone

October 13 – CapitaLand China Trust (CLCT) has priced its inaugural CNY600 million (S$112 million) free trade zone offshore CNY bonds due 2026, its manager said. This transaction marks CLCT’s first issuance of bonds denominated in CNY within the China (Shanghai) Pilot Free Trade Zone. The Bonds have a tenor of three years with a coupon …

CapitaLand China Trust Issues CNY Bonds Within China Pilot Free Trade Zone Read More »

Mapletree Logistics Trust To Sell Japan Property For S$95.5 Million

Sept 1, 2023 – Mapletree Logistics Trust (MLT) plans to sell Moriya Centre in Japan for JPY10,030 million, or approximately S$95.5 million, its manager said in a statement. Located in Moriya, Ibaraki, the property comprises three blocks of four-storey industrial buildings and ancillary offices with an average age of 17 years and a total net lettable …

Mapletree Logistics Trust To Sell Japan Property For S$95.5 Million Read More »