PRIME US Reit's distribution per unit (DPU) stood at 3.52 US cents for its first half ended June 30, 2020, 5.1 per cent higher than its initial public offering (IPO) forecast of 3.35 cents.

PRIME US Reit's distribution per unit (DPU) stood at 3.52 US cents for its first half ended June 30, 2020, 5.1 per cent higher than its initial public offering (IPO) forecast of 3.35 cents.

Singtel

THE manager of Prime US Reit has appointed Harmeet Singh Bedi as its new deputy chief executive officer (CEO) and chief financial officer (CFO), it said in a bourse filing on Tuesday.

IN A business update, Prime US Reit on Tuesday announced that its first-quarter net property income stood at US$23.5 million, exceeding IPO projections by 6.7 per cent.

FOR property veteran Barbara Cambon, buildings are not just a heap of bricks and concrete. Instead, they are dynamic structures where people learn, work, play and dream.

MAYBANK Kim Eng has reiterated its "buy" call on Prime US Reit, raising its target price to US$1.10 from US$1 on Wednesday.

PRIME US Reit is shelling out S$165.5 million for a US property located in Sacramento, California - its first property acquisition following its initial public offering (IPO) in July 2019.

PRIME US Reit on Wednesday posted a distribution per unit (DPU) of 1.77 US cents for its fourth quarter ended Dec 31, 9 per cent higher than its initial public offering forecast of 1.62 US cents...

THE following companies saw new developments that may affect trading of their shares on Tuesday: