| Top 5 Yielder | Last | Yield | Disc. to NAV | Gearing |
|---|---|---|---|---|
| Sasseur Real Estate Investment Trust | 0.685 | 8.74% | 12.2% | 25.5% |
| ESR REIT | 2.530 | 8.66% | 0.8% | 43.4% |
| Stoneweg Europe Stapled Trust | 1.600 | 8.51% | 20.4% | 42.1% |
| Elite UK REIT | 0.360 | 8.42% | 10.0% | 40.7% |
| Daiwa House Logistics Trust | 0.555 | 8.25% | 17.2% | 41.2% |
| All Singapore REITsAll Malaysian REITsAll Thai REITs | ||||
Centurion Accommodation REIT has received provisional permission to develop an additional 6-storey block and to alter the existing 8-storey block in Westlite Ubi....read more on The Edge Singapore
Upon completion, the number of beds at this property will increase by 540 beds, or around a third, to 2,190 beds.
Boustead Singapore said on Tuesday it had received bourse approval to list UI Boustead REIT on the main board of the Singapore Exchange and that it would sell its interests in 15 properties as part of the listing to the REIT....read more on Reuters
The investment holding firm will divest its interests in 12 industrial properties and three other Singapore properties, including the Razer SEA headquarters and the Rolls-Royce Solutions Asia facility.
Boustead will receive about S$218.7 million ($172.78 million) for its interests in the Singapore properties, and S$40 million from bond issuances to the REIT, which focuses on logistics and industrial properties, primarily in Singapore.
Mindarie Investment’s mandatory conditional cash offer for Alpha Integrated Real Estate Investment Trust (AI-Reit) was declared unconditional on Monday (Feb 9), resulting in an extension of the closing date to 5.30 pm on Feb 24, from the previous Tuesday deadline....read more on The Business Times
Mindarie Investment is a wholly owned subsidiary of Swiss-based Volare Group.
Elite UK Real Estate Investment Trust (Reit) has inked new lease agreements with the UK government for properties occupied by the Department for Work and Pensions (DWP), the Reit manager announced on Thursday (Feb 5)....read more on The Business Times
The deal covers an aggregate annual rent of £24.3 million (S$42.1 million).
During Suntec REIT’s results briefing on Jan 23, Chong Kee Hiong, CEO of Suntec REIT’s manager, was clear about how he wants the REIT’s portfolio to take shape....read more on The Edge Singapore
Ideally, the REIT plans to divest a mature Australian asset to prime its portfolio for a Singapore asset from its new sponsor. The change in ownership of the manager and the new sponsor is subject to approval by the Monetary Authority of Singapore.
Co-living operator Coliwoo Holdings is acquiring 2 Changi Business Park Avenue 1 for $101 million, in what is its first significant acquisition since its listing last November....read more on The Edge Singapore
The property is now run as Park Avenue Changi and is now held by Viva Trust, a sub-trust of ESR-REIT. The hotel is now part of the ESR BizPark @ Changi development, and has more than 250 rooms.
Sasseur Real Estate Investment Trust (Sasseur Reit) has turned down an offer to acquire a retail outlet mall from its sponsor, said its manager on Tuesday (Jan 27)....read more on The Business Times
The offer was made pursuant to a right of first refusal agreement, as the sponsor – Sasseur Cayman Holding – seeks for the property to be acquired by a commercial Reit to be established and listed on the Shanghai Stock Exchange.
The manager of Starhill Global Real Estate Investment Trust (Reit) announced on Thursday (Jan 22) that it has won the arbitration proceedings initiated by department store chain Myer regarding a lease dispute at the Myer Centre Adelaide....read more on The Business Times
The tribunal issued a partial final award on Jan 22, in favour of the landlord, dismissing Myer’s claim.
CapitaLand Ascendas REIT Management Limited, as the manager (the Manager) of CapitaLand Ascendas REIT (CLAR) is pleased to announce the acquisition of DHL Canal Winchester, a modern Class A logistics property in Columbus, Ohio, the United States (US), for S$94.5 million (US$73.8 million) (the Purchase Consideration). Upon completion of the acquisition, Exel Inc. d/b/a DHL Supply Chain (USA) (DHL), a global leader in the logistics industry, will enter into a long-term leaseback of the property....read more on capitaland.com
The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Jan 15) announced that it has secured its second long-term agreement with a global hyperscaler for Tower 2 of CapitaLand DC Navi Mumbai in Airoli, Navi Mumbai, India....read more on The Business Times
The facility has a planned IT load of 37 megawatts (MW) and gross power capacity of 55 MW.