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ESR REIT DPU Grows 6.7% In FY2021

ESR REIT DPU Grows 6.7% In FY2021 January 27, 2022 – ESR- REIT announced a 6.7% uplift in its distribution per unit (DPU) in the full year of 2021, from 2.8 Singapore cents to 2.987 cents during the year. Gross revenue for FY2021 grew 5.0% to S$241.3 million and NPI for FY2021 rose 5.5% to S$173.3 million, […]

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Frasers Logistics & Commercial Trust To Divest Cross Street Exchange

Frasers Logistics & Commercial Trust To Divest Cross Street Exchange January 25, 2022 – Frasers Logistics & Commercial Trust announced that it has entered into a sale and purchase agreement with an unrelated third-party purchaser, for the sale of the leasehold property at 18, 20 and 22 Cross Street, Singapore (Cross Street Exchange) for a consideration

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First REIT Seeks To Reduce Exposure To Indonesia To Less Than Half Of Its Portfolio

First REIT Seeks To Reduce Exposure To Indonesia To Less Than Half Of Its Portfolio January 24, 2022 – First REIT is seeking to redirects its portfolio in the next three to five years, particularly by steering away from properties from Indonesia. In a response to unitholder queries published recently, First REIT said their recent

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Singapore REITs Double Their Overseas Investment to $12 Billion (Bloomberg)

Singapore REITs Double Their Overseas Investment to $12 Billion (Bloomberg) January 18, 2021 – Singapore’s property managers are accelerating their push abroad as a slow reopening and diminishing returns at home force them to look for growth opportunities elsewhere. Foreign acquisitions by real estate investment trusts in the city-state jumped to an all-time high of

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Acquisitions by S-REITs Exceed S$12 Billion (US$8.9 Billion) In 2021 (Business Times)

Acquisitions by S-REITs Exceed S$12 Billion (US$8.9 Billion) In 2021 (Business Times) January 14, 2021 – In 2021, the benchmark iEdge S-Reit Index generated 6.2 per cent total returns and the S-Reit and property trusts sector as a whole received S$1.4 billion of net retail inflows while institutional investors have seen net outflows of S$1.0

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