Markets & Investing

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.

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.

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.

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.