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Sasseur REIT Announces Reopening Of Second Mall This Month March 11, 2020 — Sasseur REIT announced that it is reopening the Sasseur Hefei Outlet Mall on March 13. This is the second mall that the REIT reopened, following the resumption of operations in its Kunming Outlet Mall on March 11. The REIT announced that it …

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Cache Logistics Trust Welcomes LOGOS March 6, 2020- ARA Asset Management Ltd and ARA Trust Management (Cache) Limited, the manager of Cache Logistics Trust, announced today the completion of ARA’s acquisition of a majority stake in LOGOS Group. With the completion of the transaction, LOGOS will operate as ARA’s exclusive platform for logistics assets globally. …

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Singapore REIT

KPMG: Valuation Is More Than Just Rubber Stamping By Stephen Williams, FRICS, Director, Deal Advisory, Valuation Services with KPMG Singapore March 4, 2020- Valuation is a necessary part of investing in real estate. The opinion of a professional valuer is used to underpin the acquisition of an asset, as well as inform ongoing decision making, …

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Singapore REIT

Mapletree Logistics Announces Changes To Board and Board Committees Composition March 4, 2020- Mapletree Logistics Trust Management Ltd., as the Manager of Mapletree Logistics Trust, wishes to announce the following changes: (1) the appointment of Ms Lim Mei as Independent Non-Executive Director of the Manager with effect from 5 March 2020; (2) the retirement of …

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Mapletree Logistics Completes Logistics Property Acquisition In Japan March 2, 2020 — Mapletree Logistics announced that it has successfully completed the acquisition of Mapletree Kobe Logistics Centre in Japan. The Total Acquisition Cost is approximately S$284.5 million, comprising: (i)  the Effective Consideration of approximately JPY21,860.3 million (S$280.2 million1); (ii)  the Acquisition Fee payable in Units …

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Starhill Global REIT Rolls Out Relief Measures To Support Retail Tenants In Weathering Through The Ongoing COVID-19 Outbreak March 2, 2020 — YTL Starhill Global REIT Management Limited (YTL Starhill Global), the manager of Starhill Global Real Estate Investment Trust (SGREIT), will be implementing measures to support its retail tenants in weathering through the ongoing …

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Elite Commercial REIT Eyes Expansion To Drive Growth (Exclusive Interview) February 25, 2020- Elite Commercial REIT’s shares debut on February 6 on the Singapore Stock Exchange during the COVID-19 outbreak. The shares have since climbed from its IPO price of £0.68. The REIT, with an appraised value of £319 million[1], has an initial portfolio comprising …

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