Reits & Property
Centurion Accommodation Reit’s Q1 NPI of S$37.5 million exceeds expectations
Revenue is 2.7% higher than the projected S$51.1 million; better-than-expected results due to higher occupancy and rental rates
CICT’s Tan Choon Siang marks first year with billion-dollar deal streak
Acquisition of Paragon and divestment of Asia Square Tower 2 follow CapitaSpring deal and ION Orchard acquirement
MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales
China assets earmarked for sale are to be offloaded into a planned renminbi fund
Parkway Life Reit Q1 DPU up 15.1% at S$0.0442 on higher Singapore hospital rents
Revenue falls 2.1% to S$38.2 million, dragging net property income down 2.7% to S$35.8 million
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CDL Hospitality Trusts Q1 NPI rises 10.4% to S$33.1 million
Revenue up 5.9% for the quarter at S$67.1 million, driven by broad-based growth
Starhill Global Reit Q3 NPI flat at S$37.9 million
Revenue for the period rose 0.7 per cent to S$47.9 million
Landmark Reit Q1 net property income rises 5.7% to S$30.8 million
This comes amid an 8.5% depreciation of the rupiah against the Singapore dollar
CDL strategic review ‘timely’ after last year’s disputes, Sherman Kwek tells shareholders
The exercise will be ‘a look back at everything we’ve done’, says group CEO; details to be unveiled by end-June
Mapletree Industrial Trust to divest up to S$600 million of North America assets, eyes Japan and Europe for growth
The divestments are expected to be carried out within the next 1 to 2 years
Will Hongkong Land seek to control the manager of Suntec Reit or the trust’s most prized properties?
Investing in a Reit where another group is the sponsor may be hardly optimal for the property giant
