Markets & Investing
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
UHREIT posts 7.6% YoY higher net property income in FY23
NPI for the period was US$50.7m.
First Sponsor Group’s net profit drops in FY23
The group reported a net profit of $12.5m.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
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.
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