Reit
ESR Reit to sell Tuas industrial building for S$9.9 million
THE manager of ESR real estate investment trust (ESR Reit) has entered into a contract to divest an industrial building for about S$9.9 million. The consideration represents a 1.5...
Stocks to watch: SingPost, First Reit, Fu Yu, Disa
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jan 14): Singapore Post (SingPost): Former group chief executive Vincent Phang has resigned from...
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate investment trust listing in Singapore,...
Japan’s NTT plans US$1 billion data centre Reit listing in Singapore; appoints BofA, UBS
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate investment trust listing in Singapore,...
S&P assigns ‘BBB-’ rating for Stoneweg European Reit on stable outlook
S&P Global Ratings has assigned Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit) a ‘BBB-’ long-term issuer credit rating, as it expects the trust to deliver stable operational performance...
Suntec Reit unitholders should reject revised S$1.19-a-unit offer: Morningstar
MORNINGSTAR has recommended that unitholders of Suntec Real Estate Investment Trust (Reit) reject the revised S$1.19 apiece cash offer from property tycoon Gordon Tang and his wife Celine.The offer...
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1 billion, going by independent...
Stocks to watch: Sats, Hotel Properties, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 10): Sats: The company and its wholly owned subsidiary Worldwide Flight Services (WFS)...
Maybank initiates Parkway Life Reit at ‘buy’ with S$4.10 target on strong growth prospects
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growthMAYBANK Securities has initiated coverage on Parkway Life Real Estate Investment Trust (Reit) with...
Maybank initiates Parkway Life Reit coverage with ‘buy’ call, S$4.10 price target, on strong growth prospects
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growthMAYBANK Securities has initiated coverage on Parkway Life Real Estate Investment Trust (Reit) with...