REITs

Keppel REIT’s distribution per unit (DPU) in 2HFY2020 ended December rose 4.6% y-o-y to 2.93 cents, and in FY2020, DPU was 2.7% higher y-o-y to 5.73 cents.

During a results briefing on Jan 21, Tony Tan, CEO of the manager of CapitaLand Integrated Commercial Trust (CICT), laid out in no uncertain terms the challenges faced by Singapore’s largest REIT.

In a results briefing on Jan 20, Adrian Chui, CEO of ESR-REIT’s manager says that he plans to look overseas for growth some time this year.

The trustee of OUE Commercial REIT (OUE C-REIT), DBS Trustee, has established a limited liability partnership with BPH Propco LLP and ACRE Angsana, a special purpose vehicle (SPV) managed by Allian

Unitholders of First REIT have two options on Jan 19: To vote in favour of the restructuring of the REIT’s Indonesian master leases and a whitewash waiver, or against them.

In the initial years, when Singapore’s REIT sector took off, master lease agreements or MLAs were a popular way for owners to monetise their assets.

Keppel DC REIT MTN, a wholly-owned subsidiary of Keppel DC REIT, and issuer of the multicurrency medium term note programme, has increased the limit of the programme from $500 million to $2 billion

Ascendas REIT has completed the proposed acquisition of a suburban office property located at 1-5 Thomas Holt Drive in Sydney’s Macquarie Park.

HSBC Institutional Trust Services, in its capacity as trustee of CapitaLand Retail China Trust (CRCT), has entered into a conditional equity interests transfer agreement to divest its entire equity

Tokyu Land Corp (TLC) and AIP Asset Management (AIP) are planning on introducing themselves to the local investing public as reliable sponsors and managers of REITs and funds.