Suntec Reit
What Singapore needs is not more Reits, but bigger ones: ARA co-founder John Lim
The local market must move towards consolidation and aggressive global expansion, says the industry veteran
RHB keeps ‘buy’ on Suntec Reit following Hongkong Land’s acquisition of 10.8% stake
It has an unchanged target price of S$1.67
Hongkong Land acquires 10.8% stake in Suntec Reit for S$541 million
It says the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’
Suntec Reit units close 4.3% higher after news of strategic review; units worth S$577 million traded
New sponsor Tang Organization is launching a review to boost portfolio performance and future distributions
Tang Organization to conduct strategic review of Suntec Reit as new sponsor
The initiatives could ‘support higher distributions’ in the coming years
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%
Gordon Tang-owned Acrophyte’s S$190 million purchase of Suntec Reit manager gets MAS nod
Deal follows failed attempt in 2024 to acquire all units of 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
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
