EC World REIT (ECW)

Nothing has been confirmed yet, says the manager of the REIT.

The second major lease came after the successful renewal of 152,752 sqm of space in October 2020.

The S-REIT also provides lucrative exposure to China's fast-growing e-commerce and logistics sector.

The quarter’s DPU translates to an annualised yield of 7.7%.

The new rental rates represent a 1.1% and 4.3% increase respectively for EC World REIT's new tenants.

Li received a letter on June 30 to provide certain information, documents, and electronic devices in relation to an offence under the Securities and Futures Act (Chapter 289).

KGI Securities says it is “confident” that most of the REIT’s e-commerce assets in China will “perform as expected”.

SINGAPORE (Nov 25): KGI Securities is initiating coverage on EC World REIT (ECW) with an “outperform” recommendation and a target price of 84 cents – representing a total upside of more than 23%, including a divided yield forecast of 9.1% for FY20.

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On

SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.