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' unit prices have rebounded this year, but some analysts note that their performance lags that of the broader Singapore market.
REIT WATCH

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

Suntec City Mall's Q3 rental reversion stands at 8.6%, moderating from 21.6% in the preceding quarter.
REIT WATCH

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...

55 Currie Street is one of Suntec Reit's properties in Adelaide, Australia.

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 distribution for Q3 will be paid out on Nov 28, after the record date on Oct 31.

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, ESR Group's current chief investment officer, has been appointed as chairman and non-executive director of Suntec Reit's manager.

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 City’s revenue rose 1.9 per cent on the year to S$133.2 million, mainly due to higher retail and office revenue generated by higher rent.

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

The Reit manager expects Suntec's convention performance to remain stable this year.

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's office, retail, and convention portfolios in Singapore continue to deliver strong operating performances, says the CEO of the manager.

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

ByteDance is among One Raffles Quay's major tenants.

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%