EC World REIT

SINGAPORE (Aug 3): The manager of EC World REIT has declared a 2Q DPU of 1.54 cents, 4.1% higher than the forecast DPU of 1.48 cents.

This article appears in Issue 784 (June 19) of The Edge Singapore which is on sale now

SINGAPORE (May 16): Religare is maintaining its “buy” call on EC World REIT with an unchanged target price of 92 cents given it has a solid portfolio that offers room to grow both organically and inorganically.

SINGAPORE (March 3): Alvin Cheng, deputy CEO of EC World REIT’s manager, thinks the trust is not garnering the market valuations it deserves as it is being compared to other traditional REITs.

SINGAPORE (March 2): Religare Institutional Research has initiated coverage on EC World REIT with a “buy” recommendation and a target price of 92 cents.

SINGAPORE (Feb 23): The manager of EC World REIT reported a DPU of 1.463 cents for the 4Q ended Dec, 2.0% higher than forecast.

SINGAPORE (Jan 20): EC World Asset Management has appointed Alvin Cheng as its new executive director and deputy chief executive officer (CEO) with immediate effect.

SINGAPORE (Jan 6): It has undoubtedly been a rough year for commercial property. The retail sector remained under pressure from weak consumer spending, labour shortages and growing competition from e-commerce players. Meanwhile, office buildings and indus

SINGAPORE (Nov 28): EC World REIT’s portfolio of six properties for e-commerce, supply-chain management, and logistics purposes in Hangzhou is well positioned to ride the city’s efforts to develop into China’s hi-tech hub, says KGI Securities.

SINGAPORE (Nov 3): The recent buzz around logistics property companies has brought EC World REIT to NRA Capital’s attention. The REIT mainly invests in e-commerce, supply chain management and logistics properties in China.