REIT
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Prime US Reit CEO Harmeet Singh Bedi resigns
The chief executive officer (CEO) of Prime US Reit, Harmeet Singh Bedi, will resign from his role at the end of March, a little over a year after assuming his…
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Prime US Reit manager CEO Harmeet Singh Bedi resigns
THE chief executive officer (CEO) of Prime US Reit’s manager, Harmeet Singh Bedi, will resign from his role at the end of March, a little over a year after assuming…
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Unit of CapitaLand Ascott Reit trustee issues S$120 million of 3.7% notes due in 2029
THE managers of CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott Reit) and CapitaLand Ascott Business Trust said on Friday (Mar 8) that Ascott Reit MTN – a wholly-owned subsidiary…
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Brokers’ take: DBS cuts target for Parkway Life Reit after factoring in higher capex
DBS Group Research cut its target price on Parkway Life Real Estate Investment Trust (Reit) after taking into account higher capital expenditures (capex) for asset enhancement initiatives. In a report…
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Stocks to watch: Great Eastern, Digital Core Reit, Wing Tai
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 7): Great Eastern: The insurer said on Wednesday that a recent request by a…
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Digital Core Reit proposes to raise stake in Frankfurt data centre by 24.9%
DIGITAL Core Reit (real estate investment trust) has agreed to raise its stake in a data centre in Germany by 24.9 per cent to 49.9 per cent. However, the proposed…
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Elite Commercial Reit secures £135 million debt facilities
ELITE Commercial Real Estate Investment Trust (Reit) has obtained a committed offer for debt facilities of up to £135 million (S$229.7 million) from a group of financial institutions. At a…
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Stocks to watch: Olam, Elite Commercial Reit, Great Eastern, OCBC
THE following companies saw new developments that may affect trading of their securities on Monday (Mar 4): Olam Group: Its 64.5 per cent-owned subsidiary Olam Agri acquired Avisen, a feed…
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EC 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…
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US Reit unitholders urged to submit tax forms on time to help trusts preserve cash
UNITHOLDERS of real estate investment trusts (Reits) whose primary investment is US assets should submit the US withholding tax documents promptly to protect their interests. If a unitholder fails to…
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US Reit unitholders urged to submit tax forms on time to help trusts preserve cash
UNITHOLDERS of real estate investment trusts (Reits) whose primary investment is US assets should submit the US withholding tax documents promptly to protect their interests. If a unitholder fails to…
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BHG Retail Reit H2 DPU falls 80.5% to S$0.0008
BHG Retail Reit reported on Friday (Feb 23) a 80.5 per cent decline in distribution per unit (DPU) for the second half of 2023, despite higher net property income (NPI).…
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United Hampshire US Reit posts 27.9% drop in H2 DPU to US$0.0214
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) fell 27.9 per cent to US$0.0214 for the second half year ended Dec 31, 2023, from US$0.0297 the…
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Stocks to watch: UOB, Wilmar, iFast, Vicom, United Hampshire US Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 22): UOB: The lender’s net profit for the fourth quarter rose 21.8 per cent…
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Prime US Reit H2 DPU falls over 90% to US$0.0025; announces 1-for-10 bonus issue
PRIME US Reit’s distribution per unit (DPU) for the second half fell over 90 per cent year on year, as the manager opted to preserve a “substantial proportion of distributable…
