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 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...