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

    The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

    Singapore banks’ battle for wealth talent goes beyond private bankers

    The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

    Philippines’ income upgrade hides grim reality for most Filipinos

    Transport Minister and Second Minister for Finance Jeffrey Siow announced the second tranche of assistance measures in response to the Middle East situation on Jul 29.

    Extra S$300 in CDC Vouchers, U-Save rebates for households as part of S$900 million support package

    Workers preparing for the Asean Summit opening ceremony in May. Non-member dialogue partners at the events this week include the US, China, India and Russia.

    World powers are courting Asean. Can the region capitalise on that?

    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