Industrial property

BROKER’S TAKE

UOB Kay Hian initiates coverage on Soon Hock; optimistic on its S$1 billion project pipeline

UOB also expects attractive dividend yields of 5.5% and 10% for 2025 and 2026, respectively

The Reit's move comes amid continued headwinds in the US office sector.

Manulife US Reit proposes strategic pivot to retail, living, industrial sectors

It seeks mandates for US$350 million in divestments and US$600 million in acquisitions

Simon Garing, chief executive officer of Sert's managers, believes the impact of higher interest rates on the stapled group's distribution per unit has peaked, and is hopeful it can show dividend growth in 2026.
TOPLINE

Stoneweg Europe Stapled Trust sets sights on Spain and Switzerland to grow unit price

Its managers are bullish on the logistics and light industrial sector as e-commerce, onshoring and fatter defence budgets could swell demand for warehouses

From left: Soon Hock Group's chief financial officer Veron Heng; executive chairman Tan Yeow Khoon; chief executive Tan Min Loon; and director of project execution Christine Loo.

Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing

Post-IPO, Soon Hock will have a share capital of 310.6 million shares, taking its market cap to an estimated S$180.1 million

Investors in Singapore Reits will benefit from having a choice of internal and external managed trusts.
THE LEVEL GROUND

The internal management model’s uphill task in gaining traction among Singapore Reits

Lack of size confronts Sabana Reit’s new internalised manager 

Soon Hock intends to list on the SGX mainboard. The company believes the outlook for Singapore’s industrial market is “likely to stay positive” despite global geopolitical uncertainties.

Industrial property developer Soon Hock Enterprise files preliminary prospectus for IPO

It plans to use the proceeds to acquire new land sites and buildings, and to partially finance existing projects

Office rents in the CBD continued to grow in Q1 this year.

PropertyBT: Stability and growth in Singapore’s dynamic property market

Will Singapore's office and industrial sectors thrive despite global economic headwinds? Senior correspondent Leslie Yee talks to Cushman & Wakefield’s Wong Xian Yang.

Observers reckon that changes to height limits could also drive up the value of existing homes and buildings near airports.

Higher height limits a game changer for redevelopment potential in areas around Singapore airports: analysts

Revisions that will allow up to 15 more storeys in residential projects and 9 more storeys in commercial developments could result in huge increases in gross floor area allowances