Reits
Paragon Reit’s posts a 4.1% decline in DPU to S$0.0232 for H1
PARAGON Real estate investment trust (Reit) posted a 4.1 per cent fall in distribution per unit (DPU) to S$0.0232 for the first half of its 2024 financial year ended...
Proposed changes to leverage limits for S-Reits make sense given Manulife US Reit’s experience
ON THE final trading day of 2022, the manager of Manulife US Real Estate Investment Trust (MUST) put out an announcement headlined: “Aggregate leverage to remain within regulatory limit...
Reits gain as investors cheer US inflation report; STI up 0.5%
SINGAPORE stocks ended Monday (Jul 29) in positive territory, as investors took stock of a robust US inflation print. The benchmark Straits Times Index (STI) climbed 0.5 per cent...
High Court dismisses ESR’s appeal to vote on Sabana Reit’s proposed trust deed amendment
THE Singapore High Court has dismissed an appeal by several ESR entities to vote on Sabana Industrial Real Estate Investment Trust’s (Sabana Reit) proposed trust deed amendments.
It also...
Brokers’ take: First Reit’s hospital revenues could spur organic growth; Maybank initiates coverage at ‘buy’
MAYBANK Securities initiated coverage on First Real Estate Investment Trust (First Reit) with a “buy” call, as the research house is positive on the trust’s diversified portfolio. The research...
Sabana Reit’s tenant in Tuas Avenue 8 placed under provisional liquidation
THE tenant of Sabana Industrial Real Estate Investment Trust : M1GU 0% (Sabana Reit) at 30 and 32 Tuas Avenue 8 has been placed in provisional liquidation.The Reit’s manager...
Subsidiary, chairman of EC World Reit’s sponsor liable for US$11.3 million after loan default
AN application has been filed against Forchn International (FIPL) and the chairman of its parent company for an order that they are jointly and severally liable to pay US$11.3...
Sabana Reit’s May 24 EGM to be postponed
THE manager of Sabana Industrial Reit said late on Thursday (May 23) that an extraordinary general meeting (EGM) requisitioned by unitholders led by Quarz Capital Asia would be postponed.The...
