Dasin Retail Trust (DRT)

REITs

Dasin Retail a play on China's fast-growing Greater Bay Area

1. How has Dasin Retail Trust’s portfolio evolved since IPO till date? 

REITs

Dasin Retail Trust issues 120.5mil new units following private placement; to raise up to $94m in rights issue

SINGAPORE (July 7): The manager of Dasin Retail Trust announced Tuesday that 120,512,000 new units will be issued today at the price of 78 cents per new unit.

Broker's Calls

'Recovery underway' for Dasin Retail Trust: Phillip Capital

SINGAPORE (May 27): Phillip Capital is maintaining its “buy” or “accumulate” call on Dasin Retail Trust with a 91 cent price target even though its 1Q20 revenue and net property income (N

M&A

Dasin Retail Trust to acquire Guangdong mall for $275 mil

SINGAPORE (July 1): The trustee-manager of Dasin Retail Trust (DRT) is acquiring Documen Metro Mall in China for $274.8 million.

In print this week

SGX explains why Singapore is Asia's largest global REIT platform

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audie

Broker's Calls

Dasin unlikely to be hit by removal of income support in FY2021: Phillip

SINGAPORE (May 28): Phillip Securities is keeping Dasin Retail Trust at “buy” given DPU would take a slight hit when income support is cut in FY2021 and with all four malls operating at 100% occupa

Results

Dasin Retail Trust's 4Q DPU of 1.96 cents dips 2% lower than forecast

SINGAPORE (Feb 27): The trustee-manager of Dasin Retail Trust (DRT) has posted distribution per unit (DPU) of 1.96 cents for the 4Q ended December, some 2% lower than forecast 4Q DPU of 1.99 cents.

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