ESR-REIT

SINGAPORE (Mar 23): Viva Industrial Trust (VIT) presents an attractive opportunity even if its proposed merger with ESR-REIT falls through, says OCBC lead analyst Deborah Ong in a Thursday report.

SINGAPORE (Feb 27): ESR-REIT is launching a preferential offering on the basis of 199 new units for every 1,000 existing units to raise gross proceeds of up to about $141.9 million.

SINGAPORE (Feb 12): On Jan 29, ESR-REIT announced that its manager was in exclusive discussions with the manager of Viva Industrial Trust to acquire all the units in VIT by  way of a trust scheme of arrangement. The period of exclusivity expires on March

SINGAPORE (Feb 6): ESR Funds Management announced that ESR-REIT will be selling 9 Bukit Batok Street 22 to MSS Bukit Batok for $23.9 million.

SINGAPORE (Jan 30): DBS Group Research is excited about the proposed merger of ESR-REIT and Viva Industrial Trust (VIT).

SINGAPORE (Jan 29): ESR-REIT has announced details of a plans for its merger with Viva Industrial Trust (VIT).

SINGAPORE (Jan 29): Maybank is reiterating its “buy” call on Viva Industrial Trust (VIT) with a higher target price of $1.05 following the group’s strong 4Q results which were announced on Friday.

SINGAPORE (Jan 26): ESR-REIT, which is backed by Warburg Pincus's Asian logistics venture, is in talks to merge with Viva Industrial Trust to expand its portfolio of Singapore warehouses and business parks, people with knowledge of the matter said. 

SINGAPORE (Jan 17): The manager of ESR-REIT has declared a 4Q17 distribution per unit (DPU) of 0.929 cent, 6.7% lower compared to 0.996 cent in 4Q16.

SINGAPORE (Dec 15): DBS Group is maintaining ESR-REIT at 'buy' with 62 cents target price after making its largest acquisition to date.