Markets & Investing

Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions

Amongst the assets with lower contributions was the Suntec Convention.

COTD: Over 90% of Singapore REITs invest overseas

Singapore also has the largest exposure in the Pan-Asian market

Hotel Properties prices $160m in subordinated perpetual securities

These securities are issued under the company’s $1b multicurrency debt issuance programme

UOB issues three-year $923.9m bond

The company will apply for the bond to be listed on SGX.

Keppel REIT's distributable income dips 1.9% YoY to $160.6m in 9M24

It attributed the decline to higher borrowing costs.

Parkway Life REIT raises $180m in oversubscribed private placement

It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.

Parkway Life REIT to acquire 11 nursing homes in Europe for $159.9m

The REIT expects to complete the acquisition by Q4 2024.

Intraco issues new digital securities denominated in SGD and USD

Both were issued under the SDAX CP Facility Programme.