The Business Times
business-time-50
STOCK ANALYSIS

The year’s top-performing S-Reit looks to repeat its act in 2024

google-preferred-sourceAdd BT as a preferred source
Raphael Lim

Raphael Lim

Published Mon, Dec 25, 2023 · 05:00 AM
    • John Stewart, CEO of Digital Core Reit's manager, expects the Reit's prospects to be brighter next year after resolving matters relating to a customer bankruptcy.
    • John Stewart, CEO of Digital Core Reit's manager, expects the Reit's prospects to be brighter next year after resolving matters relating to a customer bankruptcy. PHOTO: DIGITAL CORE REIT

    CHRISTMAS may have come early for investors in Digital Core Reit .

    Units of the real estate investment trust (Reit) have been rallying over the past month-and-a-half, after the manager announced it had entered into agreements that would resolve the bankruptcy of its second-largest customer.

    It is the best-performing S-Reit for the year to date as at Dec 22, with its units gaining 15.5 per cent so far this year.

    Digital Core ReitS-Reits

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More