REITS

Keppel DC REIT oversold

Dasin Retail Trust rebounds off new low, Keppel DC REIT oversold Dasin Retail Trust bounces off an all time low as Keppel DC REIT faces selling pressure.

SUNTEC REIT SELLS 30% STAKE IN UBS SINGAPORE HQ TO BILLIONAIRE GORDON TANG

Suntec REIT Sells Stake in 9 Penang Road to Gordon Tang - Mingtiandi Suntec REIT has sold its 30 percent stake in UBS’ Singapore headquarters at 9 Penang Road to Gordon Tang's Haiyi Holdings for $220.2 mil.

Eagle Hospitality REIT receives USD153.9 million from sale of 11 assets

Eagle Hospitality REIT receives USD153.9 million from sale of 11 assets - REITSWEEK Eagle Hospitality REIT, a component of Eagle Hospitality Trust (EHT), has received net proceeds of approximately USD153.9 million from the sale of five of its Chapter 11 properties. These assets are namely Sheraton Denver Tech Center, Four Points by Sheraton San Jose Airport, Embassy Suites by Hilto...

Constituents of the iEdge S-Reit Index

Constituents of the iEdge S-Reit Index Read more at The Business Times.

EAGLE HOSPITALITY TRUST COMPLETES SALE OF 5 US HOTELS FOR $155M

Eagle Hospitality Trust Sells Five US Hotels for $155M - Mingtiandi Singapore's Eagle Hospitality Trust has sold five US hotels and handed back the Queen Mary to Long Beach city in its bankruptcy process.

Suntec Reit's S$150m perps priced at 4.25%

Suntec Reit's S$150m perps priced at 4.25% THE trustee of Suntec Reit (real estate investment trust) has priced S$150 million of subordinated perpetual securities at 4.25 per cent per annum, for five years from June 15, the Reit manager announced in a Monday night bourse filing. Read more at The Business Times.

Lendlease REIT to increase stake in Jem

Lendlease REIT to increase stake in Jem - REITSWEEK Lendlease Global Commercial REIT (LREIT) has laid out plans to increase its stake in the integrated retail and office development known as Jem. The REIT first acquired a stake in the asset in October 2020 for SGD45 million. Related: Lendlease Global Commercial REIT acquires stake in Jem for SGD45 mi...

Singapore's Mapletree Industrial Trust to acquire 29 US data centres for $1.3b

Singapore’s Mapletree Industrial Trust to acquire 29 US data centres for $1.3b The REIT has also announced an equity fundraising exercise to raise $600m.

Data centre Reits navigate growth amid competing forces

Expansion relies on acquisition firepower, though there is also keen interest on building assets from scratch

Data centre Reits navigate growth amid competing forces MAPLETREE Industrial Trust's (MIT) latest US$1.32 billion proposed purchase of 29 data centres in the United States speaks to the continued appetite for assets tied so intimately to the trend of 5G and the natural data boom. Read more at The Business Times.

Lendlease REIT upsizes inaugural perpetual securities issue to SGD200 million

Lendlease Global Commercial REIT (LREIT) has priced SGD200 million of perpetual securities with a coupon rate of 4.20% per annum, with the transaction upsized to meet an oversubscription for the issue.

Lendlease REIT upsizes inaugural perpetual securities issue to SGD200 million - REITSWEEK Lendlease Global Commercial REIT (LREIT) has priced SGD200 million of perpetual securities with a coupon rate of 4.20% per annum, with the transaction upsized to meet an oversubscription for the issue. The Series 001 securities were priced on 27 May 2021, and will be issued under the REIT’s SGD1 b...

Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust

Industrial REITs have proven themselves to be resilient amid last year’s circuit breaker.

The ability of a REIT to stand firm amid strong headwinds depends largely on the tenants within their portfolio.

If you’re looking for a steady and dependable source of dividends, industrial REITs could be a good place to look.

Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust We look at both industrial REITs to suss out which makes a better buy. The post Better Buy: Keppel DC REIT Vs Mapletree Industrial Trust appeared first on The Smart Investor.

Lendlease Reit's perp issue signals potential acquisition: CGS-CIMB

A RECENT fundraising initiative by Lendlease Global Commercial Real Estate Investment Trust (LReit) could be a sign that an acquisition is on the way, said brokerage CGS-CIMB in a Tuesday report.

Lendlease Reit's perp issue signals potential acquisition: CGS-CIMB A RECENT fundraising initiative by Lendlease Global Commercial Real Estate Investment Trust (LReit) could be a sign that an acquisition is on the way, said brokerage CGS-CIMB in a Tuesday report. Read more at The Business Times.