Posts Tagged ‘Distributions’
Digital Core Reit’s H2 DPU flat at US$0.018, seeks to maintain distributions in FY2026
[SINGAPORE] Digital Core Real Estate Investment Trust (Reit) declared on Wednesday (Feb 4) a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2025, unchanged from the year-ago period. The data centre-focused Reit owns 11 facilities across the US, Canada, Germany and Japan. The flat DPU came even as H2 revenue…
Read MoreKore rises 8.3% after H2 results, early resumption of distributions
The manager plans to start with a ‘conservative payout ratio’, which will be raised to a ‘sustainable level aligned with long-term portfolio performance’ [SINGAPORE] Shares of Keppel Pacific Oak US Reit (Kore) rose in early trade on Tuesday (Feb 3) after the office-focused US Reit posted H2 earnings and announced that it is resuming distributions…
Read MoreQ3 reporting season kicks off with growth in S-Reits’ distributions
[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over the past week. Of the seven, the six that provided information on distributable income have all reported year-on-year (yoy) growth. This came on the back of mostly higher revenue…
Read MoreHow Moving Tax Strategy into Q3 Gives Businesses Time to Optimize Salary, Distributions, HSAs, Trusts, and Philanthropy
Businesses and individuals habitually sprint toward December with a shoebox of receipts and a desperate to-do list. That instinct, leave tax planning until Q4, makes sense emotionally but is expensive practically. As Carlos H. Lowenberg Jr., founder of Masterpiece Capital, says, “Planning in Q3, not Q4, turns tax season from a fire drill into an…
Read MoreAcrophyte Hospitality Trust mulls suspending or reducing distributions under strategy review
The manager says it faces challenges in funding the capital expenditures that many of its properties require [SINGAPORE] The managers of Acrophyte Hospitality Trust are considering temporarily suspending or reducing distributions, equity fundraising or a portfolio recalibration through brand repositioning, among other options, as part of its ongoing strategy review for the hospitality stapled group.…
Read MoreLMIRT posts 9.2% fall in Q2 net property income; distributions still withheld
LIPPO Malls Indonesia Retail Trust (LMIRT) posted a 9.2 per cent drop in net property income (NPI) to S$29.4 million for the second quarter ended Jun 30, amid a challenging interest rate and foreign exchange rate environment. The trust also withheld distributions to unitholders and perpetual securities holders in the quarter, as it has done…
Read MoreBitcoin drops anew on fears of sales from Mt Gox distributions
BITCOIN is under pressure again on concerns about possible sales of the token by creditors of the failed Mt Gox exchange, which has begun returning a roughly US$8 billion hoard of the largest digital asset. The original cryptocurrency slid about 5 per cent to trade at US$54,400 as at 9.25 am on Monday (Jul 8)…
Read MoreMore S-Reits could be at risk of suspending distributions
THE high interest rate environment has been punishing for locally-listed real estate investment trusts (S-Reits) amid rising finance costs, and valuations also coming under pressure As at the latest financial results for the financial period ended Dec 2023, six of the 40 S-Reits and property trusts have partly or fully halted distributions to unitholders, amid…
Read MoreEC World Reit posts calculated Q4 DPU of S$0.0069 as distributions stay suspended
EC WORLD Real Estate Investment Trust (Reit) reported a calculated distribution per unit (DPU) of S$0.0069 for the fourth quarter ended Dec 31, 2023, though its distributions remain suspended due to “insufficient funds”. The latest Q4 DPU figure is 9.9 per cent above the prior year’s DPU of S$0.00628, and translates to an annualised yield…
Read MoreInterest costs weigh on S-Reit distributions, but not all is doom and gloom for long-term investors
THE latest results from Singapore-listed real estate investment trusts (S-Reits) for the financial period ended December do not appear to give investors too much to cheer about. Of the 22 S-Reits that have reported distribution figures in their results or business updates so far, 17 reported declines in their distribution per unit (DPU) in the…
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