Reits & Property
From war chest to growth: Hongkong Land eyes new investments after US$3.6 billion capital recycling
The group is ‘very positive’ on the Singapore market, and looks to expand its presence through the new private fund or development opportunities
Mapletree Investments sells US logistics portfolio to EQT for US$575 million
[SINGAPORE] Mapletree Investments announced on Thursday (Mar 5) the sale of a 4.4 million-square-foot portfolio of 25 warehouses in the United States to EQT Real Estate for US$575 million.
Ascendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators
The Reit, which is now part of CapitaLand Ascott Trust, may still refile the claim with supporting income documents
UI Boustead Reit launches S$1.2 billion IPO at S$0.88 per unit
Following the offering, the trust will have a total market capitalisation of S$1.95 billion
STRAIGHT TO YOUR INBOX
Tuesdays: Exclusive real estate and property news analysis.
Beauty salon sues Hao Mart over alleged breach of Taste Orchard sublease; Hao Mart denies liability for purported losses
Beauty salon operator Belovie is the first sub-tenant to sue Hao Mart in the High Court
Reits that don’t trade well should be privatised, or sell assets and be liquidated
After selling One Raffles Place, OUE Reit should be taken private or divest the rest of its properties
Far East Orchard H2 net profit falls 15.5% on lower fair-value gains, higher finance costs
A first and final dividend of S$0.04 a share has been proposed for FY2025
Banyan Group H2 profit falls 7% despite 35% jump in revenue
The group has proposed a first and final one-tier tax-exempt cash dividend of S$0.0135 per ordinary share for FY2025
BHG Retail Reit H2 DPU falls 72% to S$0.0007
Dip comes as NPI declines 6.2% to S$14 million from S$15 million in H2 FY2024
Acrophyte Hospitality Trust H2 DPS falls 50.7% to US$0.00418 on reduced portfolio size
Its full-year distributable income drops on portfolio resizing and renovations
