UK

Cromwell European REIT enters UK with acquisition of logistics asset for GBP10 mil - THE EDGE SINGAPORE

REITs

Cromwell European REIT enters UK with acquisition of logistics asset for GBP10 mil

The REIT has acquired a freehold logistics building that is 100% let on a 10-year lease.
'Buy' Parkway Life REIT to ride upside on once-in-15 years opportunity: DBS - THE EDGE SINGAPORE

Broker's Calls

'Buy' Parkway Life REIT to ride upside on once-in-15 years opportunity: DBS

The renewal of the master lease for its Singapore hospitals could deliver possible DPU upside of 7% - 23%, says DBS.
Investors can now invest in tokens exposed to private REITs via iSTOX - THE EDGE SINGAPORE

Fintech

Investors can now invest in tokens exposed to private REITs via iSTOX

MERIT targets a 12% internal rate of return and will be managed by Mapletree Real Estate Advisors.
FLCT in discussions to potentially acquire assets in the UK - THE EDGE SINGAPORE

REITs

FLCT in discussions to potentially acquire assets in the UK

As at 9.30am, units in FLCT are trading 1 cent higher or 0.7% up at $1.41.
Xero to acquire workforce management platform Planday - THE EDGE SINGAPORE

M&A

Xero to acquire workforce management platform Planday

Total potential consideration for the acquisition is 183.5 million euros.
S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

S-REITs in 'flurry' of M&A activities, BOE may deploy negative interest rates: UOB Kay Hian

The analysts are maintaining their “overweight” call on the sector.
Nvidia to buy SoftBank's chip division for US$40 bil - THE EDGE SINGAPORE

Tech

Nvidia to buy SoftBank's chip division for US$40 bil

SoftBank shares surged as much as 10% on news of the deal and renewed talks for the company going private.

REITs

REIT IPO with UK properties to launch next week

Elite Commercial Real Estate Investment Trust is likely to lodge its prospectus next week. The portfolio – valued at around £320 million – comprises 97 freehold properties, all in the UK. Some 25% of the properties (by rental

Brexit

May backs Brexit delay after Parliament vetoes no-deal divorce

LONDON (Mar 14): Britain’s Parliament voted to avoid an economically disastrous no-deal split from the European Union, opening the door to delaying Brexit and radically re-writing the terms of the divorce. The pound climbed to its highest level since Ju

Brexit

May wins confidence vote and opens cross-party Brexit talks

LONDON (Jan 17): UK leader Theresa May survived an attempt to oust her government and immediately opened talks with rival political parties in an attempt to break the Brexit deadlock, as time runs out to reach a deal.
×