units

Keppel REIT subsidiary obtains $120 mil green loan facility - THE EDGE SINGAPORE

Green loans

Keppel REIT subsidiary obtains $120 mil green loan facility

Keppel REIT Fin. Company (KRFC), a wholly-owned subsidiary of Keppel REIT, has obtained a green loan facility of $120 million.

Starhill Global REIT enters into A$100 mil unsecured term loan facility - THE EDGE SINGAPORE

Company in the news

Starhill Global REIT enters into A$100 mil unsecured term loan facility

The manager of Starhill Global REIT announced on April 6 that it has entered into a five-and-a-half-year unsecured facility agreement with two banks for a term loan facility of A$100 million ($102.

ESR-REIT reports 20.2% drop in 3Q DPU to 0.798 cents - THE EDGE SINGAPORE

Results

ESR-REIT reports 20.2% y-o-y drop in 3Q DPU to 0.798 cents

The manager of ESR-REIT has declared distribution per unit (DPU) of 0.798 cents for the 3QFY2020 ended Sept 30, down 20.2% from the 1.00 cent declared a year ago but up 20.5% q-o-q.

CapitaLand Mall Trust’s 3Q DPU up by 1.3% to 3.10 cents after releasing part of distributable income retained in 1H - THE EDGE SINGAPORE

Results

CapitaLand Mall Trust’s 3Q DPU up by 1.3% to 3.10 cents after releasing part of distributable income retained in 1H

The manager of CapitaLand Mall Trust (CMT) has reported distribution per unit (DPU) of 3.10 cents for 3QFY2020 ended September, some 1.3% higher than the DPU of 3.06 cents a year ago.

Keppel Pacific Oak US REIT posts 18.5% growth in 3Q distributable income to $14.7 mil - THE EDGE SINGAPORE

Results

Keppel Pacific Oak US REIT posts 18.5% growth in 3Q distributable income to $14.7 mil

Keppel Pacific Oak US REIT (KORE) announced 3QFY2020 income available for distribution of $14.7 million, 18.5% higher than the $12.4 million posted in 3QFY2019.

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million - THE EDGE SINGAPORE

Property

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million

CDL Hospitality Trusts (CDLHT) has entered into a sale of agreement for the sale of Novotel Brisbane to ADFA Brisbane for A$67.9 million ($66.4 million).

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.

FCT’s preferential offering to open on Oct 9 - THE EDGE SINGAPORE

REITs

FCT’s preferential offering to open on Oct 9

The manager of Frasers Centrepoint Trust (FCT) says that the preferential offering of 324,639,666 new units in FCT will open at 9am on Oct 9.

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August - THE EDGE SINGAPORE

REITs

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August

The manager of Frasers Centrepoint Trust (FCT) has updated its portfolio tenants’ sales and shopper traffic for the month of August on FCT and AsiaRetail Fund Limited (ARF) on September 25.

Property

Healthway Medical signs rental leases worth $2 mil with OUE subsidiary

SINGAPORE (Dec 4): Healthway Medical Group (HMG) has signed $2 million worth of leases with Alkas Realty to lease two units located at 61A Shenton Way for a period of five years.

×