Markets & Investing
Capitaland Ascendas REIT portfolio occupancy dips 1.0% QoQ to 92.1% in Q3
Capitaland Ascendas REIT portfolio occupancy dips 1.0% QoQ to 92.1% in Q3
The REIT's Australia and United States portfolios drove the overall drop.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
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.
Temasek Trust's Co-Axis partners with Arta to secure $39.6m impact project fundings
The partnership aims to expand the reach of Co-Axis projects.
COTD: Over 90% of Singapore REITs invest overseas
Singapore also has the largest exposure in the Pan-Asian market
Digital Core REIT’s distributable income rises 9.7% YoY to US$34.55m in 9M
It also recorded an improved net profit.
Hotel Properties prices $160m in subordinated perpetual securities
These securities are issued under the company’s $1b multicurrency debt issuance programme
Mapletree Logistics Trust’s NPI falls 2.1% YoY to $158.6m in Q2 FY24/25
The trusted cited three reasons for the decline.
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.
Keppel Pacific OAK US REIT’s NPI dips 8.8% YoY on higher financing costs
The REIT's lower NPI also contributed to the decline.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform