Markets & Investing
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
SGX issues $300m notes due 2027
These notes are priced at 3.45%, payable semi-annually.
Keppel Pacific Oak US REIT’s distributable income falls 10.1% YoY to US$26.1m in FY23
The REIT attributed the decline to higher financing costs.
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
With improved NPI, the REIT recorded a full-year DPS of $0.0409.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.
Government Land Sales poised to boost 2024 property investment market
An expert forecasts investment sales to increase to $25b-$28b this year.
Digital Core REIT issues new units under private placement at US$0.6250 each
It will issue 192,000,000 new units.
Manulife US REIT posts 15.5% YoY lower distributable income of US$74.3m in FY23
The REIT attributed the decrease to lower rental and recoveries income.
Look: 40 undervalued, high ROE stocks right now on the SGX
Singapore Airlines was the most traded stock of the bunch.
Digital Core REIT plans to raise $100m through private placement
The REIT will use 75% of the proceeds for future potential acquisitions in Japan and Frankfurt, Germany.
Active, Japan-focused ETF debuts on SGX
The ETF has current assets under management of $48m.
Netlink NBN Trust records a 4.0% YoY higher profit of $85.1m in 9M24
The REIT attributed its improved profit to higher revenue.
Investors shift focus to early-stage and AI-focused fintech firms
In 2H23, AI fintech funding in Singapore soared to US$333.13m.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Dasin Retail Trust receives demand letter from executives on alleged outstandings
The REIT’s trustee-manager allegedly owes $783,376.