Markets & Investing

Suntec REIT's distributable income dips 1.1% YoY in 1Q24

With lower income, the REIT also reported a 1.8% dip in DPU.

Suntec REIT's distributable income dips 1.1% YoY in 1Q24

With lower income, the REIT also reported a 1.8% dip in DPU.

CapitaLand Malaysia Trust reports a 36.8% YoY jump in DPU

The firm’s distributable income also improved, rising 69.8% in 1Q24.

FCT's net property income declines 8.4% YoY amidst asset changes

With lower NPI, FCT also recorded a decline in its DPU.

Sustainability and agrifood sectors fuel Singapore startup growth

The verticals closed 16 and 13 deals, respectively, in 2023.

Investment volume drops 34.7% YoY to $4b in 1Q24

GLS tenders played a significant role in the investment volume.

CLCT's net property income hit by lower logistics park earnings

The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.

CapitaLand Ascott Trust's profit up 15% YoY in 1Q24

The REIT attributed the increase to stronger operating performance.

First REIT DPU down 3.2% in Q1

Foreign exchange rates and interest rates impacted First REIT’s financials in the first quarter of 2024.

OneApex anticipates $5.1m from Tuas Seatown stake sale

The company will sell its entire 30% stake to Amwich.

Keppel REIT's net property income rises 7.2% YoY to $48.2M in 1Q24

The REIT attributed the increase to strong operating performance.

CapitaLand Ascendas REIT faces dip in overall occupancy to 93.3%

In Singapore, the occupancy rate slipped by 0.4% QoQ.

Singapore’s 1Q24 deals plummet 21.1% YoY

In the whole of APAC, deal volume declined by 12.2% YoY.