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Mapletree North Asia Commercial Trust Delivers 0.6% Year-On-Year Increase In Distribution Per Unit For 2Q FY19/20

Mapletree North Asia Commercial Trust Delivers 0.6% Year-On-Year Increase In Distribution Per Unit For 2Q FY19/20 Mapletree North Asia Commercial Trust Management Ltd. (“MNACTM” or the “Manager”), the Manager of Mapletree North Asia Commercial Trust (“MNACT”), announced today a distribution per unit (“DPU”) of 1.937 cents for the period from 1 July 2019 to 30 […]

Mapletree North Asia Commercial Trust Delivers 0.6% Year-On-Year Increase In Distribution Per Unit For 2Q FY19/20 Read More »

Sabana REIT Announces A 1.3% Rise In Its 3Q Distribution Per Unit

Sabana REIT Announces A 1.3% Rise In Its 3Q Distribution Per Unit Sabana Real Estate Investment Management Pte. Ltd., the Manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (“Sabana REIT”), and as manager of Sabana REIT, the “Manager”), reported financial results for the third quarter ended 30 September 2019 (“3Q 2019”). Unitholders will

Sabana REIT Announces A 1.3% Rise In Its 3Q Distribution Per Unit Read More »

Sasseur Hefei And Construction Firm ZS2 Reached A Voluntary Settlement RMB 55 M (US$7.77M)

Following legal proceedings and negotiations between Sasseur Hefei and ZS2 (the “Parties”)and their lawyers, the Parties have reached a voluntary settlement of RMB55 million (the “Final Settlement Amount”), payable by Sasseur Hefei to ZS2, instead of the claim of RMB148.4 million by ZS2. The action by ZS2 against Sasseur Hefei arose out of a disagreement between Sasseur

Sasseur Hefei And Construction Firm ZS2 Reached A Voluntary Settlement RMB 55 M (US$7.77M) Read More »

First Sponsor’s Net Profit Hit S$33.3 M, Up 30.3% From Previous Quarter

First Sponsor’s Net Profit Hit S$33.3 M, Up 30.3% From Previous Quarter Singapore Exchange Main Board-listed First Sponsor Group Limited, a mixed property developer in the Netherlands and the People’s Republic of China, an owner of commercial properties (including hotels) and a provider of property financing services mainly in the Netherlands, Germany, and the PRC,

First Sponsor’s Net Profit Hit S$33.3 M, Up 30.3% From Previous Quarter Read More »

Ascott REIT And Ascendas Hospitality Trust Merger Set For Legal Approval On 19 November

Ascott REIT And Ascendas Hospitality Trust Merger Set For Legal Approval On 19 November After Ascott REIT’s unitholders approved the merger with Ascendas Hospitality Trust, the two REITs Issued A Joint Statement announcing November 19 as the court date to sanction the trust schemes. Read more… Related News Ascott REIT Unitholders Approve Ascendas Acquisition Ascott

Ascott REIT And Ascendas Hospitality Trust Merger Set For Legal Approval On 19 November Read More »

Sunway Residence Trust Incorporates A Company To Acquire Purpose-Built Student Accommodation In the United Kingdom On Its Behalf

Sunway Residence Trust Incorporates A Company To Acquire Purpose-Built Student Accommodation In the United Kingdom On Its Behalf We refer to our announcement dated 16 October 2019 in relation to the establishment of a private trust known as Sunway Residence Trust (“Trust”) in Singapore. The Board of Directors of Sunway wishes to announce that the

Sunway Residence Trust Incorporates A Company To Acquire Purpose-Built Student Accommodation In the United Kingdom On Its Behalf Read More »

Capitaland Commercial Trust’s Distribution Per Unit Remained Unchanged IN 2Q Despite Growth In Distributable Income

Capitaland Commercial Trust’s Distribution Per Unit Remained Unchanged IN 2Q Despite Growth In Distributable Income CapitaLand Commercial Trust Management Limited, the Manager of CapitaLand Commercial Trust (CCT or Trust), is pleased to report that CCT’s distributable income for the quarter ended 30 September 2019 (3Q 2019) rose 2.6% year-on-year to S$84.8 million, on the back of higher

Capitaland Commercial Trust’s Distribution Per Unit Remained Unchanged IN 2Q Despite Growth In Distributable Income Read More »