Markets & Investing
Broadway Industrial receives $0.197 per share offer from Patec Group
Broadway Industrial receives $0.197 per share offer from Patec Group
This comes after Patec acquired 196 million Broadway shares.
Starhill Global REIT sells Wisma Atria office units for $16.1m
It sold the lots at a 22.2% premium over the most recent valuation.
CDL Hospitality Trust’s Q3 NPI drops 6.8% YoY
Weaker performance in five markets, including Singapore, attributed to the drop.
Capitaland Ascendas REIT portfolio occupancy dips 1.0% QoQ to 92.1% in Q3
The REIT's Australia and United States portfolios drove the overall drop.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Amongst the assets with lower contributions was the Suntec Convention.
Temasek Trust's Co-Axis partners with Arta to secure $39.6m impact project fundings
The partnership aims to expand the reach of Co-Axis projects.
COTD: Over 90% of Singapore REITs invest overseas
Singapore also has the largest exposure in the Pan-Asian market
Digital Core REIT’s distributable income rises 9.7% YoY to US$34.55m in 9M
It also recorded an improved net profit.
Hotel Properties prices $160m in subordinated perpetual securities
These securities are issued under the company’s $1b multicurrency debt issuance programme
Mapletree Logistics Trust’s NPI falls 2.1% YoY to $158.6m in Q2 FY24/25
The trusted cited three reasons for the decline.
UOB issues three-year $923.9m bond
The company will apply for the bond to be listed on SGX.
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