| Top 5 Yielder | Last | Yield | Disc. to NAV | Gearing |
|---|---|---|---|---|
| Sasseur Real Estate Investment Trust | 0.660 | 9.30% | 16.5% | 25.1% |
| ESR REIT | 2.470 | 8.87% | 3.1% | 43.4% |
| Elite UK REIT | 0.345 | 8.78% | 13.8% | 40.7% |
| Daiwa House Logistics Trust | 0.495 | 8.75% | 23.8% | 40.2% |
| First REIT | 0.240 | 8.71% | 1.7% | 44.6% |
| All Singapore REITsAll Malaysian REITsAll Thai REITs | ||||
UI Boustead Reit (UIB Reit) has entered into a 50:50 joint venture with Singapore-based real estate investment platform Fraxtor Group to develop two logistics facilities in Konan City, Shiga Prefecture, Japan....read more on EdgeProp
After accounting for its partner’s stake in the joint venture company, UIB Reit will hold an effective interest of 24.26% in the development.
Convention operators in Singapore are seeing near-term pressure on booking momentum, as global uncertainty prompts corporates to hold back on event commitments....read more on The Business Times
Though there have been no immediate cancellations or postponements, the manager of Suntec Real Estate Investment Trust (Reit) told The Business Times that bookings are slower to firm up, with more organisers adopting a “wait-and-see” approach when confirming events and a more “conservative stance on spending”.
Frasers Centrepoint Trust (FCT) is in the process of selling its White Sands shopping mall in Pasir Ris, with local private equity firm TE Capital said to be in exclusive due diligence for the deal....read more on The Business Times
The Business Times understands that the suburban retail property could fetch over S$470 million, implying an exit yield of around 4.5 per cent.
CapitaLand Integrated Commercial Trust (CICT) is reshaping its portfolio by selling a major office tower in Singapore’s financial district and ploughing the proceeds into a prime Orchard Road mall, in a move that signals a shift in where it sees future growth....read more on The Straits Times
The trust on April 20 said it will fully acquire Paragon, a freehold retail and medical complex in Orchard Road, from Cuscaden Peak for about $3.9 billion.
The manager of ESR Reit has cautioned that the real estate investment trust’s (Reit) distribution per unit (DPU) will decline if the proceeds from its earlier divestments are not redeployed....read more on The Business Times
In a regulatory filing on Saturday (Apr 18), the manager said that its “immediate focus will be on ensuring balance-sheet and operational resilience, in view of global energy prices and the potential return of ‘higher-for-longer’ interest rates” arising from the Middle East war.
The manager of Frasers Logistics & Commercial Trust (FLCT) announced on Thursday (Apr 16) that it has completed the acquisition of a freehold logistics property in Hapert, the Netherlands, for a gross purchase price of 43 million euros (S$64.4 million)....read more on The Business Times
The transaction was finalised on Wednesday through a sale-and-purchase agreement with the vendor, VDG Property Development 10.
Tang Organization, the new sponsor of Suntec Real Estate Investment Trust (Reit), may soon inject its 9 Penang Road building that houses UBS’ Singapore operations into the Reit’s portfolio....read more on The Business Times
“At this moment, 9 Penang Road, an eight-storey commercial development strategically situated in the prime commercial and retail hub of Orchard Road and Dhoby Ghaut could be a potential pipeline for Suntec Reit,” said the Reit manager in a bourse filing on Friday (Apr 10).
Sunway Real Estate Investment Trust (REIT) wants to grow its asset portfolio via acquisitions and may venture into the data centre space as part of its 2027 growth strategy....read more on The Star
It has been looking at strategic opportunities in upcoming segments such as logistics, services and data centres, according to MBSB Research.
Sunway-REIT also did not discount the possibility of asset divestment if there is limited upside to the asset.
Acrophyte Hospitality Trust’s auditors have raised doubts about whether the Singapore-listed hospitality group can refinance a US$198.5 million loan that falls due in September, flagging a material uncertainty over its ability to continue operating....read more on The Business Times
The auditors noted that while the managers of the stapled group have obtained non-binding expressions of interest from lending banks for the refinancing, formal negotiations and due diligence are expected to take place only closer to the loan’s maturity date.
The timing and terms of any refinancing therefore remain uncertain, the managers said in a bourse filing on Monday (Apr 13).
IOI Properties Group plans to establish a real estate investment trust (Reit) holding its retail, hotel, and office assets, followed by a listing that could raise about RM1.98 billion (S$645 million) for the Malaysian developer....read more on The Business Times
The assets, worth a total RM7.58 billion and include properties such as IOI City Mall and W Kuala Lumpur, will be injected into the Reit, according to a stock exchange filing late Friday (Apr 10). The consideration will comprise 5.5 billion units issued at an indicative price of 90 sen each, along with RM2.65 billion in cash.