Latest news
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 units at $0.88 per unit ...
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Go on the defensive with these S-REITs next year, says OCBC (The Edge)
OCBC Investment Research expects Singapore REITs (S-REITs) to record positive DPU growth next year. For those under its coverage, OCBC is projecting growth of 0.3% for FY19F and 2.4% for FY20F ...
Roxy-Pacific to buy Auckland office building for NZ$72.6m (US$50.2m) (The Business Times)
ROXY-Pacific Holdings is buying a commercial building in Auckland, New Zealand, for NZ$72.55 million (S$68.2 million) excluding taxes, the property developer announced on Friday during the midday trading break ...
ARA buys portfolio of 38 select-service Hyatt Hotels in maiden US foray (The Business Times)
ARA Asset Management Limited announced on Monday the acquisition of a portfolio of 38 select-service hotels, branded as Hyatt Place and Hyatt House, across 21 states in the US ...
SPH Reit still seeking acquisitions amid tough market (The Business Times)
THE manager of SPH Reit says it is hard to find good assets both locally and overseas, evidenced by the limited number of transactions completed in the market this year. Leong Horn Kee, chairman of ...
Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz for S$537.3m (US$392.13m) (The Business Times)
KEPPEL Reit is selling a 20 per cent stake in Ocean Financial Centre to Allianz Real Estate for S$537.3 million, but will retain a majority 79.9-per cent interest in the property, its manager Keppel Reit ...
SPH REIT manager appoints SPH CFO Chua Hwee Song to its board (The Straits Times)
The manager of retail landlord SPH Reit has appointed Mr Chua Hwee Song, the chief financial officer of Singapore Press Holdings (SPH), as a non-independent and non-executive director with effect from Friday (Nov 30) ...
Singapore stocks rally on dovish Fed talk; banks, REITs gain (The Business Times)
SINGAPORE stocks climbed strongly on Thursday, with the Straits Times Index advancing 0.9 per cent to 3,121.63 just before lunchtime at 11.04am, on a tide of overnight dovish Fed comments that lifted all boats. REITs ...
TTJ Holdings unit acquires industrial building and machinery for wood pellet business (The Business Times)
TTJ Holdings’ subsidiary, TTJ Greenfuel, on Wednesday entered into an agreement to acquire an industrial property in Singapore and machinery for S$16.18 million. TTJ, the listed parent company, said after Wednesday’s trading close that this ...
Keppel Corp units divest stakes in two Thai property-related firms for S$6.9m(US$5.02m) (The Business Times)
KEPPEL Corporation on Friday said that it will sell for S$6.9 million in total its full interests in two Thai-based firms set up to acquire and develop two plots of residential sites located in Bangkok, ...
Startups in JLL and Lendlease’s proptech accelerator in talks to put solutions to use (The Business Times)
REGIONAL proptech accelerator programme Propell Asia has concluded, with the five startups now working with industry players to implement their products and solutions, JLL and Lendlease announced in a joint statement on Friday ...
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