EC World REIT (ECW)

EC World REIT renews second major lease in relation to Hengde Logistics - THE EDGE SINGAPORE

REITs

EC World REIT renews second major lease in relation to Hengde Logistics

The manager of EC World REIT has renewed a second major lease of some 74,057 sqm in relation to Hengde Logistics with China Tobacco Zhejiang Industrial.

This S-REIT offers 8.3% forward yield for less than $1 - THE EDGE SINGAPORE

Broker's Calls

This S-REIT offers 8.3% forward yield for less than $1

In terms of providing strong dividends at low prices, S-REITs are proving themselves to be the gift that keeps on giving.

EC World REIT posts 6.8% fall in 3Q DPU to 1.388 cents on retention of distributable income - THE EDGE SINGAPORE

Results

EC World REIT posts 6.8% fall in 3Q DPU to 1.388 cents on retention of distributable income

The manager of EC World REIT has declared distribution per unit (DPU) of 1.388 cents for the 3QFY2020 ended Sept 30, down 6.8% from DPU of 1.489 cents a year ago.

EC World REIT secures and renews two major leases in China - THE EDGE SINGAPORE

REITs

EC World REIT secures and renews two major leases in China

The manager of EC World REIT says it has renewed a major lease amounting to 159,172 square metres in relation to Hengde Logistics with China Tobacco Zhejiang Industrial Co.

Management & Corporate Governance

Chief investment officer of manager of EC World REIT under CAD and MAS probe

SINGAPORE (July 2): The chief investment officer of the manager of EC World REIT (ECW REIT), Li Jinbo, is under probe by the Commercial Affairs Department (CAD) and the Monetary Authority of Singap

Broker's Calls

Never mind the coronavirus, EC World REIT should 'perform as expected': KGI

SINGAPORE (March 2): Despite the outbreak of the novel coronavirus in China, KGI Securities continues to rate EC World REIT as “outperform”, albeit with a lower target price of 82 cents from 84 cen

Broker's Calls

EC World REIT started at 'outperform' amid China e-commerce boom: KGI

SINGAPORE (Nov 25): KGI Securities is initiating coverage on EC World REIT (ECW) with an “outperform” recommendation and a target price of 84 cents – representing a total upside of more than 23%, i

REITs

REITs have had a good run, yield compression may have come to an end

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1).

Broker's Calls

Accretive acquisition and long WALE keeps EC World REIT at 'buy'

SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.

Broker's Calls

EC World REIT's positive 1Q earnings and accretive acquisition of Fuzhou E-Commerce keep it at 'buy'

SINGAPORE (May 14): EC World REIT (ECW REIT) on May 10 announced a 2.2% increase in its 1Q19 DPU to 1.501 cents, compared to 1.469 cents in 1Q18.

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