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Singapore REIT

ARA LOGOS Logistics Trust Gets New CEO July 7, 2020 — ARA LOGOS Logistics Trust announced the appointment of its new Chief Executive Officer (CEO), following the retirement of its former CEO, Daniel Cerf. The REIT announced that Cerf will relinquish his role as Chief Executive Officer on 14 August 2020. The Board expressed its …

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Ascendas REIT ‘Not Presently Proceeding’ With Hyflux Moratorium Carve-out Request (Business Times) July 6, 2020 — ASCENDAS Real Estate Investment Trust (Ascendas Reit) has informed the Singapore High Court that it is “not presently proceeding” with its application to be carved out of Hyflux’s debt moratorium, the troubled water treatment firm said on Thursday night. …

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Ascendas Reit To Buy A New Logistics Property In Sydney July 2, 2020 — Ascendas Funds Management (S) Limited, the Manager of Ascendas Real Estate Investment Trust, is pleased to announce the Acquisition of a new logistics property to be developed on Lot 7, Kiora Crescent, Yennora, in Sydney, Australia, for A$23.5 million 1 (S$21.1 million  ). The Property …

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China Citic Bank Asset Management Sold 68.125 Million BHG Shares July 2, 2020 — BHG REIT announced in a disclosure that China Citic Bank Asset Management sold 68,125,000 shares via off-market transaction. This comprised 13.37% of the total voting shares. According to BHG REIT, the percentage of unitholding immediately before and after this transaction is …

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