Reits
ESR attempts to suspend Sabana Reit’s May 24 EGM
ESR Group, the sponsor of Sabana Industrial Real Estate Investment Trust (Sabana Reit), has filed an application to the High Court of Singapore to hold the Reit’s May 24...
Brokers’ take: Analysts positive on Aims Apac Reit’s prospects; trim targets on lower earnings estimates
ANALYSTS are optimistic on Aims Apac real estate investment trust’s (AA Reit) growth, although its FY2024 distribution per unit (DPU) fell short of expectations. On Wednesday (May 8), both...
Manulife US Reit’s portfolio occupancy falls to 78.7% in Q1
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 78.7 per cent for the first quarter ended March, down from 84.4 per cent as at end-2023.On...
Reits lead gainers on Monday as STI climbs 0.3%
SINGAPORE stocks closed higher on Monday (May 6), with real estate investment trusts (Reits) and property stocks leading the gainers.The benchmark Straits Times Index (STI) rose 0.3 per cent...
Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067
ELITE Commercial Reit’s distribution per unit (DPU) for the first quarter ended March 2024 declined 21.2 per cent year on year to £0.0067 from £0.0085, based on a 90...
Upcoming Johor-Singapore SEZ to benefit property developers and Reits in industrial, commercial sectors
PROPERTY developers and real estate investment trusts (Reits) in the industrial, commercial and hospitality sectors look set to get a boost when the upcoming Special Economic Zone (SEZ) in...
Sabana Reit’s occupancy falls to 83%; more staff resign from manager amid internalisation uncertainties
SABANA Industrial Real Estate Investment Trust (Sabana Reit) has reported a decline in portfolio occupancy in the first quarter of 2024, due to the repossession of properties at Penjuru...