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.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                