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AOF Unitholder Meeting Convened For Proposed Acquisition Of AOF

AOF Unitholder Meeting Convened For Proposed Acquisition Of AOF Abacus Property Group and Charter Hall Group, welcome the announcement today by Australian Unity Office Fund in relation to the Consortium’s proposed acquisition of AOF by ...
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Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals

Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals Fewer retail and hotel projects were seen. The total floor area of new construction projects in Japan’s two largest cities declined by 68% ...
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Ascendas REIT Acquires Its Fourth Suburban Office In Australia For A$110.9 (US$74.87) Million

Ascendas Funds Management (S) Limited , the Manager of Ascendas Real Estate Investment Trust , is pleased to announce the acquisition of a suburban office building, to be constructed at 254 Wellington Road, in Melbourne, ...
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Centuria Fund Seeks A$270 M (US$183.195 M) For New Office Assets

Centuria Capital's Metropolitan REIT has launched a $273 million capital raising to help fund its acquisition of two new A-grade office property assets on the CBD fringes of Sydney and Perth worth $380.5 million ...
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India’s Lone REIT Beats Realty Stocks (Bloomberg Quint)

India’s only listed real estate investment trust has outperformed the stocks from the sector even as the developers grapple with a liquidity crunch in a slowing economy. Embassy Office Parks REIT has jumped 32 percent ...
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Frasers Logistics & Industrial Trust To Be Included In GPR 250 Index Series

Frasers Logistics & Industrial Trust announces that FLT will be included as a constituent of the GPR 250 Index Series, comprising the GPR 250 Index and GPR 250 REIT Index, from 23 September 2019 ...
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Ascendas REIT Completes Divestment Of No. 8 Loyang Way 1

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 ...
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Mapletree Logistics Trust Enters Into Forward Purchase Agreement To Acquire Logistics Property In Australia

Mapletree Logistics Trust announced that a conditional forward purchase agreement has been entered into with Wooreddy Investments Pty Ltd for the acquisition of a warehouse in Truganina, Melbourne, Victoria, Australia at a property purchase price ...
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CapitaLand Commercial Trust Completes Acquisition Of 94.9% Interest In Main Airport Center In Frankfurt, Germany

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 ...
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AOF Unitholder Meeting Convened For Proposed Acquisition Of AOF

AOF Unitholder Meeting Convened For Proposed Acquisition Of AOF Abacus Property Group and Charter Hall Group, welcome the announcement today by Australian Unity Office Fund in relation to the Consortium’s ...
Read More

Ascendas REIT Acquires Its Fourth Suburban Office In Australia For A$110.9 (US$74.87) Million

Ascendas Funds Management (S) Limited , the Manager of Ascendas Real Estate Investment Trust , is pleased to announce the acquisition of a suburban office building, to be constructed at ...
Read More

Centuria Fund Seeks A$270 M (US$183.195 M) For New Office Assets

Centuria Capital's Metropolitan REIT has launched a $273 million capital raising to help fund its acquisition of two new A-grade office property assets on the CBD fringes of Sydney and ...
Read More

Mapletree Logistics Trust Enters Into Forward Purchase Agreement To Acquire Logistics Property In Australia

Mapletree Logistics Trust announced that a conditional forward purchase agreement has been entered into with Wooreddy Investments Pty Ltd for the acquisition of a warehouse in Truganina, Melbourne, Victoria, Australia ...
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Australia’s Lendlease Group seeks to list Reit on SGX to raise S$1.03 B (US$748.42 M) (Straits Times)

Sydney-headquartered Lendlease Group has lodged a prospectus to list a new Reit (real estate investment trust), Lendlease Global Commercial Reit, on the Singapore Exchange's (SGX) main board. About 387.5 million ...
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Dexus Sells North Shore Health Hub for A$224 M (US$150.76 M)

Dexus Sells North Shore Health Hub for A$224 M (US$150.76 M) Dexus today announced that it has exchanged contracts to sell the North Shore Health Hub, Stage 1 currently under ...
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Kenedix Office Investment Corporation Signed On to the Principles for Financial Action towards a Sustainable Society for the 21st Century

Kenedix Office Investment Corporation Signed On to the Principles for Financial Action towards a Sustainable Society for the 21st Century The PFA21 has been established by drafting committee with participation ...
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Abacus Property Group Confirms Completion Of The Security Purchase Plan Worth AU$4.3M (US$2.9M)

Abacus Property Group confirms the completion of the SPP following the closing of the SPP offer at 5:00pm (AEDT) on Friday, 23 August 2019. A total of $4.3 million was ...
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Viva Energy REIT’s Distribution Per Security Grew 2.7% in 2019 to 7.18 Australian Cents

Viva Energy REIT's Distribution Per Security Grew 2.7% in 2019 to 7.18 Australian Cents ...
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Goodman Group Announced a 7% Rise in its Distribution Per Stapled Security (DPS) in FY2019 to 30 Australian Cents

Group Chief Executive Officer, Greg Goodman said: “Our continued strategic focus on owning, developing and managing high-quality industrial properties for customers in key urban centres is delivering positive results, with ...
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Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals

Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals Fewer retail and hotel projects were seen. The total floor area of new construction projects in Japan’s two largest cities declined by 68% ...
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ORIX JREIT Announces New Debt Financing Worth 3.0 B Yen

ORIX JREIT announces new debt financing of 3.0 billion yen from MUFG Bank Ltd ...
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Sakura Sogo Unitholders Voted in Favour of Star Asia’s Resolutions

Sakura Sogo Unitholders Voted in Favour of Star Asia's Resolutions ...
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Japan’s Q2 Real Estate Transaction Value Rises 34% on Pricier Properties

Japan’s Q2 Real Estate Transaction Value Rises 34% on Pricier Properties Favourable market conditions led REITs to replace assets The total value of property transactions in Japan rose by 34% year-on-year in the April to ...
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Activia Properties Inc. Relocates Head Office

Activia Properties Inc. (“API”) announces that it decided at its board of directors’ meeting held today to relocate its head office. The new location of the head office of API is at Shibuya Solasta 18F, ...
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Starhill Global REIT Enters Facility Agreement For JPY3.7B (US$34.77) Unsecured Term Loan Facility

YTL Starhill Global REIT Management Limited as manager of Starhill Global Real Estate Investment Trust is pleased to announce that HSBC Institutional Trust Services (Singapore) Limited has today entered into a facility agreement with Sumitomo ...
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Ichigo Hotel Reit Sells Hotel Vista Premio Kyoto for JPY 4.5 B (US$43 M)

Ichigo Hotel decided today to sell Hotel Vista Premio Kyoto for JPY 4.5 billion. The sale is being executed at 1.3X book value and 1.2X appraisal value, generating gains on sale of c. JPY 660 ...
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Japan Prime Realty Investment Corporation Grew its Distribution Per Unit to 7,380 yen (US$69.8)

Japan Prime Realty Investment Corporation Grew its Distribution Per Unit (DPU) bu 0.74% to 7,380 yen (US$69.8) for the period ended June 2019 ...
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Industrial & Infrastructure Fund Investment Corporation (IIF) Donates 1,341 Tons of CO2 Credits to Support “Zero Emission Tokyo”

Industrial & Infrastructure Fund Investment Corporation (“IIF”) announced today that it has donated 1,341 tons of CO2 credits acquired through energy conservation efforts in accordance with Tokyo’s Cap-and-Trade Program to support “Zero Emission Tokyo” initiative ...
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Weak Tourism Market Caused 5.5% Decrease in Invincible Investment Corporation’s Net Operating Income in July

The overall Portfolio NOI for July 2019 (including the assets acquired in July 2019, hereafter the same) decreased by 5.5% compared to the same month in 2018. The decline in NOI stems from several issues ...
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Frasers Logistics & Industrial Trust To Be Included In GPR 250 Index Series

Frasers Logistics & Industrial Trust announces that FLT will be included as a constituent of the GPR 250 Index Series, comprising the GPR 250 Index and GPR 250 REIT Index, from 23 September 2019 ...
Read More

Ascendas REIT Completes Divestment Of No. 8 Loyang Way 1

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 ...
Read More

CapitaLand Commercial Trust Completes Acquisition Of 94.9% Interest In Main Airport Center In Frankfurt, Germany

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 ...
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Keppel DC REIT Announces Two Data Centre Acquisitions In Singapore And Launches Equity Fund Raising

The Manager of Keppel DC REIT has entered into (i) an agreement for the proposed acquisition of a 99% interest in Keppel DC Singapore 4 (KDC SGP 4) at an agreed value of approximately $384.9 ...
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Mapletree Industrial Trust Launches Private Placement To Raise Gross Proceeds Of No Less Than Approx. S$350 M (US$254.32 M)

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 ...
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S&P Revises Starhill Global REIT’s Rating Down to ‘BBB’

S&P Revises Starhill Global REIT's Rating Down to 'BBB' YTL Starhill Global REIT Management Limited (the “Manager”), the manager of Starhill Global Real Estate Investment Trust (“Starhill Global REIT”), wishes to announce that S&P Global ...
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Manulife US REIT Issues 2,377,398 Units For Management Fee Payment

Manulife US REIT Issues 2,377,398 Units For Management Fee Payment Manulife US Real Estate Management Pte. Ltd., as manager of Manulife US Real Estate Investment Trust (the “Manager”), wishes to announce that a total of ...
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Sasseur REIT Completes Winding-Up of Associated Companies

Sasseur Asset Management Pte. Ltd., in its capacity as manager of Sasseur Real Estate Investment Trust, would like to announce that the winding-up process of Sasseur REIT’s 40% indirectly-owned associated companies, Shanghai Pacific Rehouse Service ...
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Mapletree North Asia Commercial Trust Issued 6,166,165 New Units for Management Fee Payment

Mapletree North Asia Commercial Trust Management Ltd., as manager (the “Manager”) of Mapletree North Asia Commercial Trust (“MNACT”), wishes to announce that a total of 6,166,165 new units(“Units”) in MNACT have been issued on 27 ...
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Ascott Residence Trust Issued S$150 M (US$107.94 M)Fixed Rate Perpetual Securities

Ascott Residence Trust Management Limited, as manager of Ascott Residence Trust (“Ascott REIT”), wishes to announce the pricing of S$150 million in aggregate principal amount of fixed rate perpetual securities (the “Securities”). The Securities will ...
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Moody’s Downgrades Hong Kong Outlook To Negative As Protests Go On (Reuters)

Credit rating agency Moody’s changed its outlook on Hong Kong’s rating to negative from stable on Monday, reflecting what it called the rising risk of “an erosion in the strength of Hong Kong’s institutions” amid ...
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Update: Concerns Loom for Hong Kong’s Future; REITs Fall

(Updating to show that REITs have fallen) Concerns Loom for Hong Kong's Future; REITs Fall (Update) Hong Kong’s REITs and real estate stocks can still withstand the protests, but longer-term concerns loom  (For July's performance ...
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Link REIT might change tracks to achieve its HK$100 goal (The Standard)

Shares of Link REIT (0823) have fallen five straight trading days, dropping 4.81 percent to HK$95 last Friday from its historic high of HK$99.8 in July 5 ...
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China Merchants Shekou Plans $800 Million REIT IPO in Hong Kong (Bloomberg)

China Merchants Shekou Industrial Zone Holdings Co. is planning an initial public offering of a real estate investment trust in Hong Kong, the city’s first REIT listing in five years, according to people with knowledge ...
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theDesk To Open Fifth Hong Kong Location in Building Owned By Sunlight REIT (Marketing Interactive)

Co-working space theDesk is adding a fifth location to its body of Hong Kong premises. Set to open in Q4 of 2019, the new space, it will be located at the Strand 50 property, Sheung ...
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Capping Rents In Link REIT Public Shopping Malls Shot Down by Hong Kong Government Officials Who Say It Is Incompatible With Basic Law (SCMP)

Hong Kong officials shot down a proposed bill to cap rent for shops in public housing estates on Friday, saying it was not in line with the Basic Law ...
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Office rents headed higher in Island East and Tsim Sha Tsui, as Central exodus gathers steam (SCMP)

The decentralisation of companies moving away from the core business district will accelerate after the opening of the HK$36 billion (US$4.59 billion) Central-Wan Chai Bypass and Island Eastern Corridor Link on Sunday, according to property ...
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Hong Kong’s office landlords raise creditworthiness requirements as more commercial tenants walk away from leases (SCMP)

Commercial landlords in Hong Kong, who own some of the world’s most expensive offices, are doubling or tripling the money that tenants must put down as deposit, as a downturn in business sentiment and tightening ...
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Hong Kong’s biggest and last data centre plot fetches nine bids from top industry players(SCMP)

The biggest and last remaining land parcel for a data centre ever to be sold via tender by the Hong Kong government has received nine bids, but markets observers say more needs to be done ...
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China Southern Airlines Hopes To Get HK$1B(US$130m) Office Sale Off The Ground In SAI YING PUN(Mingtiandi)

China Southern Airlines is reportedly putting up for sale a four-storey office space in a waterfront building in Hong Kong’s Sai Ying Pun area, with hopes for a HK$1 billion (US$130 million) payday, according to ...
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