Markets & Investing
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Temasek names new senior leaders, including MTI's Gabriel Lim
Gabriel Lim will join Temasek starting 1 October.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
Lendlease Global REIT boosts NPI by 7.4% with strong mall performance
The REIT also credited NPI growth to supplementary rent from Sky Complex.
REITs set to weather expected August market dip
In the past 14 years, the STI ended lower 12 times in August.
mm2 Asia to raise up to $40m new placement shares at $0.017 each
V3 Group intends to buy $15m of the placement shares.
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
MAS forms review group to boost Singapore’s equities market
The review group will be supported by two workstreams.
Jardine C&C’s H1 underlying profit drops 14%
Underlying earnings per share also dropped 14% to $1.70.
Jardine Matheson’s underlying profit sinks 33% in H1 2024
The decline was mainly due to weaker contributions from Hongkong Land.
Which listed firms are leading in corporate governance in 2024?
Companies, REITs, and trusts had a mean score of 69.3 in corporate governance.
Parkway Life REIT acquires Osaka nursing home for $20.7m
The REIT will complete the acquisition by Q3.
FLCT secures new leases, boosting occupancy to 95.0% in Q3
The trust leased 90,000 sqm of space during the period.
Singapore’s real estate to outperform in cross-border investments
Knight Frank expects Singapore to account for 11% of cross-border capital trade in 2024.
Keppel Pacific Oak US REIT's NPI suffers 4.2% YoY drop in H1 2024
It drove the REIT's income available for distribution lower.
AIMS APAC REIT achieves 6.6% NPI growth, hitting $34.4m in Q1 2025
Despite the improved NPI, the REIT declared a 1.7% YoY lower DPU.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape