iREIT Global

During a results briefing by City Developments (CDL), CEO Sherman Kwek said the group is exploring establishing a REIT listed on the Singapore Exchange for its commercial assets in UK and would most likely aim for a listing in 1Q2021.

IREIT Global's outlook is looking pretty good.

SINGAPORE (April 8): Since Mar 23, when the FTSE Straits Times REIT Index touched its lowest level this year, it is up around 16.5% as at Apr 8.  The top five performers since Mar 23 have done much better (see chart 1). IREIT Global for instance is up 47

RHB initiates coverage on IREIT Global with a target price of 92 cents

SINGAPORE (Aug 8): The manager of IREIT Global has declared a 3.3% rise in distribution per unit (DPU) to 0.95 € cents for the 2Q19 ended June, bringing DPU for 1H19 to 1.84 € cents, some 1.1% higher than 1H18.

SINGAPORE (May 16): The manager of iREIT Global has declared a 1Q19 distribution per unit (DPU) 1.42 cents, declining 2.7% from 1.46 cents a year ago due to higher property operating expenses and a weaker SGD/EUR exchange rate.

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various

SINGAPORE (Nov 12): The manager of IREIT Global has announced a 3Q18 distribution per unit (DPU) of 1.42 cents, unchanged from a year ago in SGD terms after taking into account forward foreign currency exchange contracts entered into to hedge against curr

SINGAPORE (May 10): The manager of iREIT Global has declared a DPU for 1Q18 of 1.46 cents, 1.4% higher from 1.44 cents in 1Q17.

SINGAPORE (Feb 14): The manager of IREIT Global has declared a DPU of 1.46 cents for 4Q17, 7.6% lower than the distribution of 1.58 cents in 4Q16.