Category: REITS
Ascott Raffles Place Singapore to be sold for S$353 million
Serviced residence Ascott Raffles Place Singapore, which is housed within a restored 1950s heritage building, is set to be sold off for S$353.3 millio ...
CapitaLand to buy real estate group Ascendas-Singbridge from Temasek in S$11b deal
Singapore's CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek in a deal valued at S$11 billion t ...
SPH Reit still seeking acquisitions amid tough market
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 th ...
Sabana Reit to sell Geo-Tele Centre to Ascendas-Singbridge Group
Sabana Reit is selling a data centre in Tai Seng to the government-linked Ascendas-Singbridge Group, with the manager citing its strategy of divesting ...
Reits are investors’ top pick in light of property cooling measures
Buy the businesses that hold the real-estate assets rather than the ones that sell them.
That's the message from a growing number of analysts in Si ...
ESR-Reit unitholders approve Viva Industrial Trust merger, request lift of trading halts
ESR-REIT requested a lift of its trading halt on Monday morning before trading hours began, days after unitholders approved a merger with Viva Industr ...
Sabana Reit issues termination notice to tenant over S$2.14m in rental defaults
Sabana Reit announced it had issued a notice of termination on Aug 31 to Adviva Distribution, the tenant at 10 Changi South Street 2, due to the tenan ...
Ascendas Reit planning to acquire 12 UK logistics properties
Ascendas Reit has entered into a share purchase agreement with two third-party vendors, Oxenwood Catalina Midco Limited and Oxenwood Catalina II Midco ...
Suntec Reit Q2 DPU down a marginal 0.8%
Suntec Reit distribution per unit (DPU) edged down to 2.474 Singapore cents for the second quarter ended June 30, 0.8 per cent lower than the 2.493 Si ...
Ascott Reit Q2 DPU flat at 1.84 cents; revenue up 6%
Ascott Residence Trust's distribution per unit (DPU) stayed flat at 1.84 cents for the second quarter ended June 30.
If year-ago results were resta ...