Markets & Investing
Dasin Retail Trust officials deny misconduct allegations
Dasin Retail Trust officials deny misconduct allegations
The embattled officials also declined to vacate their posts.
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
Elite Commercial REIT’s NPI dips 3.7% YoY despite revenue increase
NPI for the period was £8.3m.
Yen depreciation hurts Parkway Life REIT's quarterly net property income
NPI for the period was down 2.8% YoY.
Mapletree Logistics Trust's DPU declines 2.5% YoY in 4Q23/24 despite higher NPI
NPI for the period was 0.6% YoY higher.
CDL Hospitality Trust boosts NPI by 6.8% amid rising RevPAR
In Singapore, RevPAR rose 16.6% YoY to $205.
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
Don Agro International's Tetra to Dispose Shares Worth $67.1m
Tetra’s shares in four companies will be sold to Agroholding Prostory and DonTK.
Dasin Retail Trust receives property possession notice over outstanding debt
This refers to the offshore facility worth $430m.
Temasek Trust introduces TTFA for philanthropy advisory services
The initiative allows clients access to Temasek Trust’s ecosystem entities, such as CIIP and ACC.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
CapitaLand India Trust's net property income surges 18% YoY in 1Q24
The REIT attributed the increase to higher property income.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
CapitaLand Malaysia Trust reports a 36.8% YoY jump in DPU
The firm’s distributable income also improved, rising 69.8% in 1Q24.
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoY
These properties include Hilton Singapore Orchard.
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