Suntec Reit
As one Chinese billionaire family builds its S-Reit empire, what does it mean for minority investors?
The consolidation of power under the Tang family comes with some potential for growth, but also a fair share of uncertainty
Suntec Reit DPU jumps 23.2% for H2 on stronger operational performance, lower financing costs
For the full year, the figure is 13.6% higher at S$0.07035
Property tycoon Gordon Tang’s Acrophyte to acquire Suntec Reit’s manager for S$190 million
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
