Frasers Centrepoint Trust Posts Improved Occupancy Rate in Q12023 Jan 26, 2023 – Frasers Centrepoint Asset Management Ltd., the manager of Frasers Centrepoint Trust, said FCT’s first quarter ended December 31 occupancy improved 0.9% percentage points quarter-on-quarter and 1.2% percentage points year-on-year to 98.4% on healthy leasing demand. Shopper traffic rose 38.3% year-on-year, it said. …
Frasers Centrepoint Trust Posts Improved Occupancy Rate in Q12023 Read More »
Jan 23, 2023- Eu Chin Fen has been appointed the CEO of Frasers Hospitality, a business unit of Frasers Property. She was previously the CEO of the managers of Frasers Hospitality Business Trust (FH-BT) and Frasers Hospitality Reit (FH-REIT). In her new role, she will report to Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property …
Frasers Property Group Appoints New CEOs at Frasers Hospitality and REIT Managers Read More »
Suntec REIT FY 22 Distributable Income Up 3.5% To S$255.5 Milllion Jan 23, 2023 – Suntec REIT posted a distribution per unit to unitholders of 8.884 cents for the year ended December 2022, 2.5% higher year-on-year. The increase in DPU was attributed to a capital distribution of S$23.0 million, with improvement in distributable income from …
Suntec REIT FY 22 Distributable Income Up 3.5% To S$255.5 Milllion Read More »
SABANA Gets Offer From Substantial Shareholder Volare Group Jan 23, 2023 – SABANA Industrial Reit’s substantial shareholder Volare Group has launched a voluntary conditional offer to buy an additional 10% per cent of Sabana units at S$0.465 per unit. The offer represents a 9.4% premium to the weighted average price unit of S$0.425 at the …
SABANA Gets Offer From Substantial Shareholder Volare Group Read More »
Mapletree Logistics Trust Divests Singapore Changi Asset Dec 27, 2022 – Mapletree Logistics Trust Management Ltd., the manager of Mapletree Logistics Trust (MLT), said it has agreed to sell 3 Changi South Lane in Singapore at S$22 million. The property is a 23-year-old cargo lift warehouse with a gross floor area of 11,315 square metres on a land …
Mapletree Logistics Trust Divests Singapore Changi Asset Read More »
ESR-LOGOS REIT Divests 70 Seletar Aerospace View For S$7.1 Million Dec 19, 2022 – ESR-LOGOS REIT has divested 70 Seletar Aerospace View at S$7.1 million, a 4.8% premium to its valuation, the REIT’s manager said in a statement. The divestment is not expected to have a material impact on E-LOG’s net asset value and distribution …
ESR-LOGOS REIT Divests 70 Seletar Aerospace View For S$7.1 Million Read More »
ESR-Logos Reit Completes Divestment Of 2 Jalan Kilang Barat Nov 24, 2022 – ESR- LOGOS REIT said RBC Investor Services Trust Singapore Limited, in its capacity as trustee of ESR-LOGOS REIT, has completed the divestment worth S$35.3 million. ESR-LOGOS REIT’s portfolio now consisted of 82 properties across Singapore, Japan and Australia, as well as investments …
ESR-Logos Reit Completes S$35.3 Million Divestment Read More »
S’pore GIC Partners Dream Industrial REIT To Buy Summit Industrial Income REIT For C$5.9 Billion Nov 4, 2022 – GIC said in a statement that the sovereign wealth fund and Dream Industrial REIT have agreed to acquire Summit Industrial Income REIT in an all-cash transaction. Summit unitholders will receive cash consideration of $23.50 per unit by way …
Mapletree Logistics Trust’s 2Q FY22/23 Distribution Per Unit Rises 3.5% Year-on-Year to 2.248 Singapore cents Oct 25, 2022 – Mapletree Logistics Trust’s distributable income for the second quarter to September 30, 2022, grew 15.6% year-on-year to S$108 million. Gross revenue for the quarter was S$183.9 million, an increase of 11.4% year-on-year. Similarly, net property income …
