Reit
Sabana Reit trustee to propose ‘preferred candidates’ for internal manager personnel
THE trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has identified and executed letters of intent with “preferred candidates” whom it intends to propose as directors and...
Manulife US Reit posts 27.5% lower H1 distributable income per unit of US$0.0129
MANULIFE US Real Estate Investment Trust (Reit)’s adjusted distributable income (DI) per unit for the first half ended Jun 30 declined 27.5 per cent year on year to US$0.0129,...
Stocks to watch: NetLink NBN Trust, Isetan, Manulife US Reit, mm2 Asia, Dasin Retail Trust
THE following companies saw new developments that may affect trading of their securities on Monday (Aug 5): NetLink NBN Trust: The fibre-optic owner posted a 9.1 per cent decline in...
Parkway Life Reit acquires Osaka nursing home property for 2.4 billion yen
Parkway Life Real Estate Investment Trust (Reit) is acquiring a nursing home property in Osaka, Japan, for 2.4 billion yen (S$20.7 million), its manager said on Tuesday (Jul 30). The...
Brokers’ take: UOBKH upgrades Keppel DC Reit to ‘buy’ on positive rental reversions
BROKERAGE firm UOB Kay Hian (UOBKH) has upgraded its call on Keppel DC Real Estate Investment Trust (Reit) to “buy” from “hold”, and raised its target price to S$2.09,...
Stocks to watch: Great Eastern, CapitaLand Ascendas Reit, MPACT, ESR-Logos Reit, Aims Apac Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 31):Great Eastern: The insurer on Wednesday posted a 45 per cent year-on-year increase in...
Aims Apac Reit posts 1.7% lower Q1 DPU of S$0.0227
AIMS Apac Reit’s (AA Reit) distribution per unit (DPU) fell 1.7 per cent to S$0.0227 for the first quarter of FY2025, from S$0.0231 in the corresponding period a year...
Keppel Pacific Oak US Reit Q2 distributable income falls 8.8% to US$11.9 million; distributions remain suspended
KEPPEL Pacific Oak US Reit (Kore) reported distributable income of US$11.9 million for the second quarter ended Jun 30, down 8.8 per cent from US$13.1 million in Q2 FY2023,...