Suntec Reit
Property tycoon Gordon Tang to acquire Suntec Reit’s manager
Tang and his affiliates currently own 35.7% of the Reit itself, while ESR owns 10.8%
S-Reits set for best year since 2019 with 14.7% total returns in the year to date
Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date
Q3 reporting season kicks off with growth in S-Reits’ distributions
[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over t...
Suntec Reit rules out retail acquisitions in Australia, will focus on divestments
The Reit manager is maintaining its S$100 million divestment target
Suntec Reit’s Q3 DPU rises to S$0.01778
The improvement comes amid stronger operational performance of its Singapore portfolio and lower financing costs
David Matheson succeeds Chew Gek Khim as Suntec Reit manager’s chairman
Chew steps down following her retirement as non-executive director, after 11 years in the role
Suntec Reit posts 3.7% rise in H1 DPU to S$0.03155
The strong performance by Reit’s Singapore portfolio, along with lower financing costs, buoy the first half’s numbers
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Its convention centre portfolio has yet to show signs of weakening as a result of the trade tariffs imposed by the US
Suntec Reit posts 3.4% rise in Q1 DPU to S$0.01563
Revenue is up 3.4% at S$113.5 million for the period
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
The office complex will work towards meeting targets such as reducing energy and water usage by 20-29%