HSBC Institutional Trust Services (Singapore)

REITs

Proposed EGM and requisitions not beneficial to progress of internalisation for Sabana REIT, says trustee

It adds that certain requisitioned resolutions, if passed, may be "counter-productive" to the implementation.

M&A

CapitaLand Ascendas REIT divests local industrial building at 219% premium from 2005 purchase price

KA Place at 159 Kampong Ampat is a seven-storey industrial building with a total gross floor area of 10,163 sq m.

Frasers Centrepoint Trust issues $90 mil 2.365% notes

SINGAPORE (April 3): Frasers Centrepoint Asset Management, the manager of Frasers Centrepoint Trust, announced Monday that FCT MTN has issued $90 million of 2.365% notes due 2020 comprised in Series 011 under its $1 billion Multicurrency Medium Term Note
A-REIT City @ Jinqiao

Ascendas REIT to sell business park in Shanghai for $228.1 mil

SINGAPORE (Oct 27): Ascendas Funds Management (S), the manager of Ascendas Real Estate Investment Trust, on Thursday announced the proposed divestment of A-REIT City @ Jinqiao in Shanghai for approximately $228.1 million.
×