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.
Daily briefing: APAC stock markets lead global charts in H1; SG grants interim authorisation for GSK-developed drug use for COVID-19
And Suntec REIT announces plan to buy London office for US$489m.
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.
Suntec REIT expected to raise S$341.4m from private placement
218.1m new units has been issued.
Suntec Mall Phase 3 poised to attract highest rents in mall
Beating refurbished Phase 1 and Phase 2.
Suntec REIT to acquire landmark Australian office asset for A$413m
Its first-ever overseas acquisition.
Commentary
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