EC World REIT Updates Unitholders On COVID-19 Situation And Steps To Mitigate Its Impact April 7, 2020- EC World Asset Management Pte. Ltd., as manager of EC World Real Estate Investment Trust (“EC World REIT” and as manager of EC World REIT, the “Manager”), would like to update unitholders of EC World REIT (“Unitholders”) on …
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Parkway Life REIT Granted Extension To Hold Annual General Meeting For Financial Year Ended December 2019 April 3, 2020- Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust (“Parkway Life REIT”, and as manager of Parkway Life REIT, the “Manager”), refers to the announcement by Singapore Exchange Securities Trading Limited (the …
SPH REIT Q2 FY2020 Net Property Income Higher But Impact From COVID-19 Expected April 2, 2020- SPH REIT Management Pte. Ltd. (“SPH RM” or the “Manager”), the Manager of SPH REIT, reported that net property income (“NPI”) for the second quarter ended 29 February 2020 (“Q2 FY2020”) was S$56.5 million, an increase of S$10.6 million …
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Suntec REIT Granted Extension To Hold Its Annual General Meeting For The Financial Year Ended December 2019 April 2, 2020- ARA Trust Management (Suntec) Limited, as manager of Suntec Real Estate Investment Trust (“Suntec REIT”, and the manager of Suntec REIT, the “Manager”), refers to the announcement by Singapore Exchange Securities Trading Limited (the “SGX-ST”) …
CapitaLand Appoints Mr. Kevin Goh as CEO, Lodging April 1, 2020- Mr Kevin Goh is appointed CapitaLand’s CEO, Lodging with effect from today, 1 April 2020 to oversee CapitaLand Group’s lodging business. Lodging is one of the three pillars of the Group’s strategic businesses for sustainable growth, together with the other two pillars being Fund …
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First REIT Announces Temporary Closure Of Lippo Plaza Kupang And Lippo Plaza Buton Except For Essential Services April 1, 2020- The Board of Directors of Bowsprit Capital Corporation Limited, in its capacity as manager of First Real Estate Investment Trust (“First REIT”, and as manager of First REIT, the “Manager”), would like to announce that: …
Frasers Property Retail And Frasers Centrepoint Trust To Provide Tenants With Additional S$45 M (US$31.54 M) In Rental Rebates March 30, 2020- Frasers Property Retail and Frasers Centrepoint Trust are providing additional rental rebates amounting to S$45 million for tenants to help ease the business impacts of COVID-19. This comes as an extension of the …
Suntec City Announces Second Tranche Of S$16 M (US$11.21 M) Rental Assistance Package March 30, 2020- Suntec City fully supports the Resilience Budget announced by the Singapore Government on 26 March 2020. In addition to the March 2020 rental rebates that have been given out to our tenants, a second tranche of rental assistance will …
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Moody’s Downgrades Frasers Centrepoint Trust’s Issuer Rating To Baa2 March 27, 2020- Frasers Centrepoint Asset Management Ltd., in its capacity as manager of Frasers Centrepoint Trust (“FCT”), wishes to announce that Moody’s Investors Services has today downgraded FCT’s issuer rating from Baa1 to Baa2, and changed the outlook on the rating from stable to negative. …
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Mapletree Commercial Trust Commits Additional S$18 M (US$12.61 M) Of Rental Relief To Support Its Retail Tenants March 27, 2020- Mapletree Commercial Trust (“MCT”) is committing an additional S$18 million of rental relief in the second round of assistance to its retail tenants affected by COVID-19. Deferment of payment for the fixed rent of April …
