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.