Markets & Investing

Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23

The REIT also declared an 8.7% YoY lower DPU of €0.15693.

Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23

The REIT also declared an 8.7% YoY lower DPU of €0.15693.

New bill likely to prolong fundraising, leadership change for firms critical to national security

Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.

Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23

Despite the increase in NPI, the REIT declared a lower distribution per unit.

Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23

The REIT attributed the decline to higher finance costs.

Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23

The REIT attributed the increase to improved revenues and robust operational performance.

First Sponsor Group’s net profit drops in FY23

The group reported a net profit of $12.5m.

Trustee manager of Dasin Retail Trust hit with winding-up petition

The Trust received the petition from Zhang Guiming.

DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23

The REIT recorded a lower DPU despite a higher net property income.

First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23

The REIT attributed the decline to higher financing costs, amongst others.

Sasseur REIT declares 4.6% YoY lower DPU in FY23

It also recorded a 5.8% YoY decline in its distributable income.

SGX issues $300m notes due 2027

These notes are priced at 3.45%, payable semi-annually.

Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23

With improved NPI, the REIT recorded a full-year DPS of $0.0409.

Singapore leads commercial real estate investments in APAC

Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.