Suntec REIT

Suntec Real Estate Investment Trust ("Suntec REIT") is the first composite REIT in Singapore, owning real estate that is primarily used for office and/or retail purposes.

See below for the Latest Suntec REIT News, Analysis, Profit Results, Share Price Information, and Commentary.

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.

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.

Suntec REIT DPU rises 15.8% YoY in H1

Its distributable income from operations increased by 7.1% You to $126.6m.

Suntec REIT's net income jumps 24.9% to $74.3m

The increase was due to higher contributions from Suntec Mall, and two other properties.

Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21

The result was due to a higher distribution income of $129m.

Suntec REIT DPU up 20.8% YoY in Q3

This strong performance was due to the recent acquisitions by the company.

Suntec REIT net property income rises 23.9% to $112.6m

It owed its performance to its office portfolio in Singapore, Australia, and the United Kingdom.

Suntec REIT sells 30% interest in 9 Penang Road property

The aggregate consideration of the Sale Shares amounted to $89.9m.

Suntec to issue $150m perps at 4.25% fixed rate

The perpetual securities are a part of Suntec REIT’s US$2b Euro Medium Term Securities Programme.