Jihye Lee

New Tech Park, at 151 Lorong Chuan, is an asset in Sabana Reit's portfolio. The Reit’s portfolio occupancy has fallen to 83 per cent in the first quarter ended Mar 31, 2024, from 91.2 per cent in Q4, 2023.
REIT WATCH

Earnings season kicks off as 27 S-Reits confirm schedule

TWENTY-SEVEN out of 41 Singapore real estate investment trusts and property trusts (S-Reits) have confirmed the release of their financial results or business updates for the respective periods ended ...

Institutional investors net bought S$5.7 million of S-Reits and property trusts during Thursday’s session after the FOMC meeting, while retail investors net sold S$12.3 million of S-Reits.
REIT WATCH

S-Reits gain on Fed chair Powell reaffirming three rate cuts to come this year

MOST Singapore-listed real estate investment trusts (S-Reits) and property trusts posted gains after the Federal Reserve held its interest rates steady and reaffirmed its projection of three rate cuts...

DC Reit has a portfolio of 11 data centres located in key metros in the US, Canada and Germany with an AUM of US$1.6 billion as at Jun 30, 2023.
REIT WATCH

Data centre S-Reits under spotlight as investors look for ways to ride AI wave

INVESTMENT in artificial intelligence (AI) is booming worldwide – the frenzy fuelled by the release of ChatGPT last November has led to a surge in demand for data centres as well as the real estate in...

For the first half of FY2023, CICT reported higher gross revenue and net property income of 19.6 per cent and 14.8 per cent year on year respectively for its office portfolio.
REIT WATCH

Singapore-based office S-Reits resilient despite concerns sparked by WeWork

Headwinds for the global office real estate segment has been under focus after office-sharing firm WeWork raised “substantial doubt” in its ability to continue its business.