| Top 5 Yielder | Last | Yield | Disc. to NAV | Gearing |
|---|---|---|---|---|
| Acrophyte Hospitality Trust | 0.198 | 13.52% | 71.3% | 43.2% |
| Stoneweg European REIT | 1.570 | 9.52% | 23.4% | 39.7% |
| Elite UK REIT | 0.290 | 9.41% | 25.6% | 45.1% |
| IREIT Global | 0.285 | 9.39% | 49.4% | 37.7% |
| First REIT | 0.260 | 9.23% | 10.8% | 39.3% |
| All Singapore REITsAll Malaysian REITsAll Thai REITs | ||||
Mapletree Logistics Trust is selling a warehouse and factory property in Tuas, Singapore, for S$11.18 million:
The sale price is 39.8 per cent above the latest valuation of S$8 million as at Nov 5, 2024, said MLT’s manager on Thursday (Jan 16).
ESR REIT is selling an industrial property in Tuas, Singapore, for S$9.9 million:
The consideration represents a 1.5 per cent premium above its valuation of S$9.7 million, said the manager in a bourse filing on Wednesday (Jan 15).
Siloam International Hospitals, which rents and operates the Indonesian hospital properties owned by First REIT, has sent a non-biding Letter Of Intent to purchase the assets:
"Through the strategic review, the board is committed to undertaking a rigorous process to consider all options relating to the business of First REIT, which may include but are not limited to, exploration of joint ventures, strategic partnerships, asset acquisitions and/or asset divestments, with a view to delivering sustainable long-term value for First REIT’s unitholders," says First REIT.
The offer being made on Suntec REIT units has been raised from S$1.16 to S$1.19:
Unit holders who have accepted the previous offer are also entitled to the revised offer price, subject to the offer becoming or being declared unconditional in all respects. Additionally, the closing date of the offer has been extended to 5.30pm on Feb 5, from Jan 20 previously.
Centurion Corp, which operates worker and student accommodations, is exploring the possibility of putting its properties into a new REIT:
The details are currently “being explored”. The listing is also subject to approval by SGX and the Monetary Authority of Singapore (MAS).
Mapletree Logistics Trust is announcing the sale of Subang 2 in Selangor (Malaysia) for RM31.5 million:
The sale price is 31.3 per cent higher than the property’s latest valuation of RM24 million, as at Oct 31, 2024, MLT’s manager said on Friday (Jan 3).
Keppel DC REIT is announcing the divestment of Basis Bay Data Centre, in Cyberjaya (Malaysia):
Keppel DC REIT’s share of the consideration paid by the purchaser is RM55.1 million, based on Keppel DC REIT’s 99.0% shareholding in Basis Bay Capital Management. This share of the consideration is 2.6% above the assessed market value of Keppel DC REIT’s 99.0% freehold interest in the property, according to a Dec 1, 2024 valuation by JLL.
Digital Core REIT has announced that one of its main tenant has not exercised its option to renew the lease:
The building, a fully-fitted, one-storey hyperscale data centre, is wholly-occupied by this customer, which contributed some 11% of annualised rent as at Sept 30, 2024.
According to the REIT manager, every month of downtime is expected to reduce its distribution per unit (DPU) by about 0.06 cents.
A group of unitholders of Dasin have formally called for the internalization of the manager:
The trustee-manager of Dasin Retail Trust has received a requisition notice from a group of dissenting unitholders, as they sought to not only internalise Dasin’s trustee-manager function, but also to replace its current adviser, FTI Consulting (Singapore).
Cromwell European REIT having changed its majority shareholder and sponsor, the trust will be renamed to Stoneweg European REIT starting from January 2, 2025.