REIT AsiaPac

Sign up for our FREE news and magazine on Asia Pacific REITs

Singapore

Ascendas Real Estate Investment Trust (“Ascendas Reit”) announces that the divestment of No. 8 Loyang Way 1 in Singapore for S$27.0 million to Seow Kim Polythelene Co Pte Ltd, has been completed today.

CapitaLand Commercial Trust announced that the acquisition of 94.9% in each of MAC Property Company B.V. and MAC Car Park Company B.V. which hold the property known as Main Airport Center, located in Frankfurt, Germany has been completed on September 17, 2019 by a combination of debt and equity.

Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust (“MIT”), wishes to announce the proposed private placement of 158,300,000 new units in MIT to eligible institutional, accredited and other investors at an issue price of between S$2.211 and S$2.265 per New Unit to raise gross proceeds of no less than approximately S$350.0 million, …

Mapletree Industrial Trust Launches Private Placement To Raise Gross Proceeds Of No Less Than Approx. S$350 M (US$254.32 M)Read More »

US REITs In Singapore: A Look At Their Prospects And Performance (The Business Times) This year alone, three US property trusts listed on the Singapore Exchange (SGX), bringing with them exposure to the biggest real estate market globally.

FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust, and FEO Hospitality Trust Management Pte. Ltd., as trustee manager of Far East Hospitality Business Trust, wish to announce that 740,963 new stapled securities in Far East Hospitality Trust have been allotted and issued at an issue price of …

Far East Hospitality Trust Announces Allotment and Issuance Of 740,963 New Stapled Securities Under the Distribution Reinvestment PlanRead More »

The five constituents with the highest dividend indicated yields in the iEdge S-REIT Index are: Lippo Malls (10.4%), First REIT (8.6%), Soilbuild (8.6%), EC World (8.3%), and iREIT Global (7.9%). They averaged an indicated yield of 8.8%, which is more than double the benchmark STI’s indicated yield of about 4%.

Frasers Centrepoint Asset Management Ltd., the manager of Frasers Centrepoint Trust (“FCT”), is pleased to announce that FCT will be included in the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index) from 23 September 2019.