acquisitions

Among its peers, PhillipCapital analyst Natalie Ong prefers Ascendas REIT instead.

REITs are bankers' best friends, raising $3.7 billion this year through equity fund raisings and perpetual securities

The private placement was approximately 5.5 times covered including the upsize option.

In a Monday report, DBS analyst Dale Lai believes that the REIT, along with other landlords and tenants, is well-placed to benefit from reopening of the Singapore economy as the state lifts its circuit breaker measures in staggered phases.

Although the REIT had an "operationally steady quarter", analysts are quick to caution that it remains susceptible to retail headwinds as the Covid-19 outbreak escalates.

SINGAPORE (Nov 25): Suspended for about eight years, and counting, China Hongxing Sports is a counter that its long-suffering minority shareholders have most likely written off. A reprieve might be seen soon.

SINGAPORE (Oct 22): The manager of Mapletree Logistics Trust (MLT) has announced a proposed private placement to raise gross proceeds of around $250.0 million to help fund the trust’s proposed acquisition of seven logistics properties in Malaysia, Vietn

Digital Realty will continue to manage the three hyper-scale data centres and 10 Powered Base Building data centres for a one-year transition period.

SINGAPORE (Sept 3): Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.

SINGAPORE (Aug 30): ISOTeam ended FY19 on a high, as it reversed out of the red on the back of higher revenue. Now, the building maintenance and estate upgrading company looks poised to ride a wave of strategic acquisitions to continue its growth trajecto