REIT
Elite UK REIT to divest Dundee property for $2.16m
                                                                                 
                    
                    This represents an over 40% premium above valuation.
                
                                
            Elite UK REIT to divest Dundee property for $2.16m
                                                                                                                 
                            
                            This represents an over 40% premium above valuation.
                        
                                                
                        
    
                    Sabana REIT gives update on originating claim against Kleio One-Solution
                                                                                                 
                        
                        The REIT is seeking legal advice and taking steps to protect its interests.
                    
                                        
                    
                EC World REIT NPU down 7.1% in Q2
                                                                                                 
                        
                        Net property income for the period was $23.8m.
                    
                                        
                    
                Singapore proposes interest coverage ratio of 1.5 to all REITs
                                                                                                 
                        
                        Currently, the ICR of 2.5 times applies only to select REITs.
                    
                                        
                    
                Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226
                                                                                                 
                        
                        The REIT recorded a lower DPU and a higher revenue for Q1 2O24.
                    
                                        
                    
                Franklin Medici seeks $15.2m from subsidiary and chairman of EC World REIT sponsor
                                                                                                 
                        
                        The sponsor's subsidiary entered into a loan agreement with Franklin Medici.
                    
                                        
                    
                Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24
                                                                                                 
                        
                        Its gross rental income also rose 1.9%.
                    
                                        
                    
                Paragon REIT reports $73.8m revenue in 1Q24
                                                                                                 
                        
                        The REIT also reported stable occupancy rates in the period.
                    
                                        
                    
                EC World REIT releases $2.1m from reserve to repay onshore interest
                                                                                                 
                        
                        The REIT has fully repaired its onshore interest expenses due 20 September.
                    
                                        
                    
                Which sector was outperforming in Q3 22?
                                                                                                 
                        
                        The tech sector was a clear outperformer in the third quarter of 2022.
                    
                                        
                    
                Top Singapore REITs unscathed by rising interest rates
                                                                                                 
                        
                        Improving net operating income will help them mitigate costs.
                    
                                        
                    
                Rising rents to boost Suntec Reit’s office, retail assets: Maybank
                                                                                                 
                        
                        The firm’s distribution per unit went up 15% in the second quarter of 2022.
                    
                                        
                    
                REITS recovery to push through despite Omicron threat: UOB
                                                                                                 
                        
                        But delays are to be expected.
                    
                                        
                    
                Singapore REITs to have staggered recovery in 2021: report
                                                                                                 
                        
                        Across sectors, Maybank KimEng sees industrial REITs as the most resilient.
                    
                                        
                    
                Chart of the Day: Singapore REITs' average occupancy rates dip to 95%
                                                                                                 
                        
                        In particular, retail and office S-REITs saw the largest drops in occupancy rates.
                    
                                        
                    
                Reopening seen driving DPUs of S-REITs in 2021 2H
                                                                                                 
                        
                        Maybank Kim Eng backs the reopening of Singapore as the May outbreak receded.
                    
                                        
                    
                SGX launches world’s first ESG REIT derivatives
                                                                                                 
                        
                        This deepens SGX’s partnership with Nikkei Inc. 
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                