Croesus Retail Trust (CRT)

In print this week

Croesus Retail Trust co-founder speaks up about going private

SINGAPORE (Jan 12): Last September, Croesus Retail Trust (CRT) was taken private by Blackstone Group at a higher price than it ever garnered in the public market.

Results

Croesus Retail Trust 4Q17 DPU 18.2% higher at 2.01 cents

SINGAPORE (Aug 18): The trustee-manager of Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 2.01 cents for the 4Q17 ended June.

In print this week

Lessons learnt from Croesus Retail Trust

SINGAPORE (July 3): There was little to suggest that Croesus Retail Trust would leave any significant mark on the local real estate investment trust sector when it listed in 2013.

Broker's Calls

RHB says to take profit on Croesus Retail Trust after $1.17 cash offer

SINGAPORE (June 29): RHB is upgrading Croesus Retail Trust (CRT) to “take profit” from “neutral”  following a proposed acquisition of all its issued units by Cyrus BidCo, a company incorporated in

M&A

Blackstone to pay $1.17 in cash per unit to acquire Croesus Retail Trust

SINGAPORE (June 28): Affiliates of Blackstone Real Estate have proposed to acquire all the issued units in Croesus Retail Trust (CRT) by way of a trust scheme for a consideration of $1.17 in cash p

H&M to open store in Croesus’ Mallage Shobu mall in Tokyo

SINGAPORE (June 1): Croesus Retail Asset Management, the trustee-manager of Croesus Retail Trust (CRT) announced that global fashion retailer H&M Hennes & Mauritz AB will open a new store i

Broker's Calls

Croesus Retail Trust downgraded to ‘neutral’ after hitting target price

SINGAPORE (May 16): RHB Research has downgraded Croesus Retail Trust to “neutral”, from “buy” previously, with a higher target price of $1.00, after hitting its previous target price of 97 cents.

Croesus Retail Trust in prelim talks over potential acquisition

SINGAPORE (April 26): The trustee-manager of Croesus Retail Trust, says it has been approached in connection with a potential transaction which may or may not lead to an acquisition of all the issu

Broker's Calls

CIMB sees strong DPU visibility for this robust retail REIT

SINGAPORE (Feb 15): CIMB Research is maintaining its “add” call on Croesus Retail Trust (CRT) with an unchanged target price of 98 cents, following a strong quarter where the REIT reported a 5.2% D

Croesus Retail Trust (CRT) logo

Broker's Calls

Croesus Retail Trust off to a ‘solid start’ in FY17

SINGAPORE (Nov 15): DBS Group Research is keeping Croesus Retail Trust at “buy” with an unchanged target price of 99 cents following 1Q17 results that were “in line with expectations”.

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