ARA LOGOS Logistics Trust (ALOG)

ESR shareholders approve of ARA Asset Management acquisition - THE EDGE SINGAPORE

M&A

ESR shareholders approve of ARA Asset Management acquisition

Some 91.81% of the votes cast were in favour of the proposed acquisition at ESR's EGM.
ARA LOGOS reports 9.0% lower DPU of 1.329 cents for 3QFY21 - THE EDGE SINGAPORE

Results

ARA LOGOS reports 9.0% lower DPU of 1.329 cents for 3QFY21

Unitholders will receive their distributions on Nov 26. Books close on Nov 3.
Rise of ‘New Economy’ ESR-LOGOS REIT depends on ALOG’s unitholders - THE EDGE SINGAPORE

REITs

Rise of ‘New Economy’ ESR-LOGOS REIT depends on ALOG’s unitholders

A merger of ESR-REIT and ALOG to create a preeminent new economy REIT depends on ALOG's retail investors voting in an EGM
Analysts recommend unit holders of ESR-REIT and ARA LOGOS Logistics Trust to vote in favour of proposed merger - THE EDGE SINGAPORE

Broker's Calls

Analysts recommend unit holders of ESR-REIT and ARA LOGOS Logistics Trust to vote in favour of proposed merger

According to the analysts, the merger did not come as a surprise.
ESR-REIT, ARA LOGOS Logistics Trust propose merger to form E-LOG - THE EDGE SINGAPORE

REITs

ESR-REIT, ARA LOGOS Logistics Trust propose merger to form ELOG

ESR-REIT and ARA LOGOS Logistics Trust plan merger in a largely share transaction, with a 10% cash component
UOB Kay Hian ups ARA LOGOS Logistics Trust's TP to $1.07 on organic growth - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian ups ARA LOGOS Logistics Trust's TP to $1.07 on organic growth

ARA LOGOS Logistics Trust could also be a potential takeover target, says UOB Kay Hian analyst Jonathan Koh.
ARA LOGOS Logistics Trust draws SGX query after share price climbs to 95 cents - THE EDGE SINGAPORE

SGX query

ARA LOGOS Logistics Trust draws SGX query after share price climbs to 95 cents

Shares in ALOG closed at a high of 95 cents, with a trading volume of 27.8 mil shares.
Analysts lift ARA LOGOS Logistics Trust's TP to at least 95 cents on continued transformation - THE EDGE SINGAPORE

Broker's Calls

Analysts lift ARA LOGOS Logistics Trust's TP to at least 95 cents on continued transformation

The REIT's results for the 1HFY2021 stood largely in line with analysts' estimates.
ALOG sees distributable income grow 36.6% for 1HFY2021 to $34.6 mil, driven by Australian acquisition - THE EDGE SINGAPORE

Results

ALOG sees distributable income grow 36.6% for 1HFY2021 to $34.6 mil, driven by Australian acquisition

The trust posted a DPU of 2.57 cents for 1HFY21, up 10.6% y-o-y.
ALOG enters first sustainability-linked interest rate swap with HSBC Singapore - THE EDGE SINGAPORE

REITs

ALOG enters first sustainability-linked interest rate swap with HSBC Singapore

The interest rate swap's economic terms are tied to specific ESG KPIs.
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