| Top 5 Yielder | Last | Yield | Disc. to NAV | Gearing |
|---|---|---|---|---|
| Sasseur Real Estate Investment Trust | 0.685 | 8.74% | 12.2% | 25.5% |
| Stoneweg Europe Stapled Trust | 1.590 | 8.56% | 20.9% | 42.1% |
| Elite UK REIT | 0.355 | 8.48% | 9.0% | 42.5% |
| IREIT Global | 0.300 | 8.26% | 48.8% | 41.3% |
| Daiwa House Logistics Trust | 0.555 | 8.25% | 17.2% | 41.2% |
| All Singapore REITsAll Malaysian REITsAll Thai REITs | ||||
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.
United Hampshire US REIT has completed the acquisition of Wallingford Fair Shopping Center, a grocery-anchored freehold retail property in Connecticut, as it continues to recycle capital into higher-yielding assets across the US....read more on EdgeProp
The purchase price of US$21.4 million ($27.56 million) is about 8.2% below the independent valuation of US$23.3 million, the REIT manager said in a bourse announcement on Jan 15.
The 115,223 sq ft freehold retail property’s anchor tenant is ShopRite, a supermarket chain that has operated at the Wallingford Fair Shopping Center since 2010.
CapitaLand Integrated Commercial Trust has agreed to sell a northwestern Singapore mall for S$428 million ($332.4 million), with market sources confirming US developer and fund manager Hines as the buyer....read more on mingtiandi.com
The largest REIT on the Singapore Exchange is divesting its 90 strata lots in Bukit Panjang Plaza at a 10 percent premium to an independent valuation of S$389 million at the end of 2025, CICT’s manager said Wednesday in a release. The REIT’s precursor CapitaMall Trust had acquired the 1998-built suburban shopping centre in stages from Temasek-owned developer CapitaLand in 2003 and 2007.
CapitaLand Integrated Commercial Trust (CICT) will develop and fully own the commercial component of the mixed-use Hougang Central site that it clinched at a recent state tender....read more on The Business Times
The commercial component spans about 300,000 square feet (sq ft) in net lettable area – potentially the largest commercial space in Hougang.
The total development cost is around S$1.1 billion, and CICT will assess funding needs – including evaluating the most efficient mix of debt and other financing options – to maintain a “strong balance sheet and prudent gearing levels”, the trust’s manager said on Wednesday (Jan 14)