| Top 5 Yielder | Last | Yield | Disc. to NAV | Gearing |
|---|---|---|---|---|
| IREIT Global | 0.280 | 8.83% | 52.1% | 41.1% |
| Sasseur Real Estate Investment Trust | 0.695 | 8.61% | 10.9% | 25.8% |
| Stoneweg Europe Stapled Trust | 1.590 | 8.56% | 22.4% | 41.8% |
| United Hampshire US REIT | 0.485 | 8.54% | 32.6% | 38.9% |
| Elite UK REIT | 0.355 | 8.48% | 11.3% | 40.7% |
| All Singapore REITsAll Malaysian REITsAll Thai REITs | ||||
Frasers Hospitality Trust's unitholders have overwhelmingly voted in favour of the privatisation of the trust:
At its extraordinary general meeting (EGM) on Aug 15, stapled securityholders holding 321.2 million units in FHT or 99.21% of the trust's units, voted “for” the proposed scheme, while 0.79% voted “against”.
Mapletree Logistics Trust is divesting of a property around Wodonga, Australia:
The net sale price of A$60.0 million is 7.1% above the latest valuation of A$56.0 million as March 31, and will be satisfied in cash.
CapitaLand Ascendas Trust (CLAR) is investing in the UK logistics market with the acquisition of two freehold plots of land to build four logistics properties, for about $350.1 million:
When completed, the Proposed Developments will grow the UK logistics portfolio to 42 investment properties and increase the assets under management (“AUM”) value by 43.5% to approximately S$1.2 billion. CLAR’s UK portfolio will also increase by 27.2% to approximately S$1.6 billion and the UK portfolio will account for 10% of CLAR’s total AUM of S$17.2 billion.
Assuming the Proposed Developments were completed on 1 January 2024, the pro forma impact on the DPU for the financial year ended 31 December 2024 is expected to be an improvement of approximately 0.021 Singapore cents or a DPU accretion of 0.14%.
CapitaLand Integrated Commercial Trust, which already owned 45% of CapitaString, is acquiring the remaining 45% and 10% stake in the building for $1.05 billion :
To finance the acquisition outlay expected at about S$482.3 million, the REIT is doing a private placement of units. They will be priced at a minimum of S$2.105 apiece, to raise no less than S$500 million. That compares with its closing price of S$2.24 on Monday. Trading was halted on Tuesday morning.
United Hampshire US REIT is acquiring the Dover Marketplace shopping centre in Pennsylvania for US$16.4 million:
With a net lettable area of around 61,044 square feet and a committed occupancy rate of 96.1 per cent, it has a total of nine tenants, comprising its anchor tenant, supermarket operator Giant, and a diverse mix of other tenants, including Fortune 500 company M&T Bank and global fast-food chain Subway.
Hot on the publication of its second quarter results, CapitaLand Malaysia Trust is announcing a placement of up to 435,400,000 new units in order to raise up to RM250 million. The operation aims to cut down debt after a string of acquisitions.
After the completion of the placement and proposed acquisitions, the manager expects a reduction of gearing to 39.6% pro-forma with a decrease of NAV to RM0.9438 (down from RM1.001 at the end of 2024)
Frasers Logistics & Commercial Trust is announcing the divestment of 357 Collins Street, Melbourne, a 25 storey freehold office building:
The consideration payable by the purchaser after netting off the outstanding tenant lease incentive liabilities that will be transferred to the purchaser is A$192.1 million (approximately S$161.4 million). This represents a 0.6% premium to 357 Collins Street's independent valuation of A$191.0 million (approximately S$160.4 million) as at 1 June 2025. The proposed divestment of this commercial property aligns with the REIT Manager's proactive asset management and portfolio rebalancing strategies, and allows FLCT to strategically exit the challenging Melbourne office CBD market, which continues to suffer from remote work culture, leading to an elevated vacancy level of 18.6% in Melbourne.
AIMS Financial Group has acquired an extra 7% stake in AIMS APAC REIT from ESR HK Management:
Via a married deal, AIMS Financial Group paid $1.19 each for around 57.16 million units, bringing its total stake to 18.66%.
Centurion is moving forward with listing some if its assets into a S-REIT, under the name Centurion Accommodation REIT:
The new REIT’s portfolio will include 14 assets comprising five purpose-built worker accommodation (PBWA) assets in Singapore, eight purpose-built student accommodation (PBSA) assets in the UK and one PBSA asset in Australia.
Acrophyte Hospitality Trust is announcing that it is in need of about US$100 million for asset enhancement initiatives for 25 of its 33 hotel properties. The managers are initiating a strategic review and considering different options:
(i) a temporary suspension or reduction of distributions; (ii) options for equity fund raising; and/or (iii) a recalibration of the portfolio such as brand repositioning
The Managers are also in discussion with the Sponsor on the options for a transaction relating to the Stapled Securities