Markets & Investing
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.
FCT's net property income declines 8.4% YoY amidst asset changes
With lower NPI, FCT also recorded a decline in its DPU.
Ren Yuanlin steps in as Yangzijiang Financial CEO
He will succeed Teo Teow Heng.
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