REIT AsiaPac

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

Singapore

Singapore REITs

Mapletree Industrial Trust To Acquire Remaining 60% Interest In 14 Data Centres In The United States Of America June 24, 2020 — Mapletree Industrial Trust Management Ltd., as manager of Mapletree Industrial Trust (MIT), announced that DBS Trustee Limited, as trustee of MIT (the “Trustee”), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 …

Mapletree Industrial Trust To Acquire Remaining 60% Interest In 14 Data Centres In The United States Of AmericaRead More »

Jeffries Equity Research Says Stick With Industrials June 24, 2020 — With the index down 9.5% YTD, it has outperformed other local financials and regional EPRA indices. The sharp rally has been facilitated by benign macro (esp. weaker USD) and banks supporting refinancing; sector performance is contingent upon these trends staying intact. Notwithstanding the strong …

Jeffries Equity Research Says Stick With IndustrialsRead More »

SoilBuild REIT Secures Maiden Green Loan June 22, 2020 — Soilbuild Business Space REIT (“Soilbuild REIT” or “the REIT”) a SGX-listed Singapore real estate investment trust focusing on business spaces in Singapore and Australia, has obtained an AUD equivalent green loan of S$80 million from OCBC Bank and RHB Bank Berhad. The proceeds from this …

SoilBuild REIT Secures Maiden Green LoanRead More »

Singapore REIT

Moody’s Withdraws Baa3 Ratings On ESR-REIT June 19, 2020 — ESR Funds Management (S) Limited, as manager of ESR-REIT, announced that Moody’s Investors Service (“Moody’s”) has withdrawn ESR-REIT’s Baa3 issuer rating, (P)Baa3 senior unsecured rating on its S$750 million Multicurrency Debt Issuance Programme (the “Programme”) and the Baa3 ratings on the senior unsecured notes drawn down from the Programme and …

Moody’s Withdraws Baa3 Ratings On ESR-REITRead More »

Indonesia Real Estate

Moody’s Downgrades LMIR Trust Issuer Rating June 17, 2020 — Moody’s downgrades LMIR Trust issuer rating from Ba3 to B1. Further, LMIRT Management Ltd., the manager of Lippo Malls Indonesia Retail Trust, also announced that Moody’s Investors Service has changed the outlook on the rating from stable to negative. Read statement here.. Related News Lippo Malls …

Moody’s Downgrades LMIR Trust Issuer RatingRead More »

Lendlease wins Grange Road tender

Lendlease Global Commercial REIT Wins Tender To Redevelop Grange Road Car Park Into A Plug-And-Play Event Space June 15, 2020 — Lendlease Global Commercial Trust Management Pte. Ltd., the manager of Lendlease Global Commercial REIT, announced that LREIT has won the joint tender by the Singapore Land Authority, Singapore Tourism Board and Urban Redevelopment Authority …

Lendlease Global Commercial REIT Wins Tender To Redevelop Grange Road Car Park Into A Plug- And-Play Event SpaceRead More »