Mapletree

Broker's Calls

Analysts laud operational improvements at MPACT

The REIT's Singapore portfolio will be the 'strong anchor' ahead of clearer recovery overseas
Ascott to acquire serviced apartment operator Oakwood, eyes 160,000 units worldwide by 2023 - THE EDGE SINGAPORE

Property

Ascott to acquire serviced apartment operator Oakwood, eyes 160,000 units worldwide by 2023

With this acquisition, Ascott is 'well ahead' to achieve its 2023 target of operating 160,000 units worldwide.
Mapletree said to pick banks for REIT IPO  - THE EDGE SINGAPORE

IPO

Mapletree said to pick banks for REIT IPO

A successful IPO would make it Singapore’s biggest REIT listing since 2013

Results

Mapletree Industrial Trust reports 3QFY2022 DPU of 3.49 cents, up 6.4% y-o-y

MIT plans to reintroduce distribution reinvestment plan for this current distribution
Cuscaden Peak, Keppel's rival bidder for SPH, has cleared all regulatory hurdles  - THE EDGE SINGAPORE

M&A

Cuscaden Peak, Keppel's rival bidder for SPH, has cleared all regulatory hurdles

Cuscaden Peak had earlier gotten go-ahead from MAS and IMDA.

REITs

Mapletree explores US$1 billion student housing REIT IPO

At US$1 billion, it would be the country’s biggest REIT listing since 2013

Expect muted issuing activity, slow uptake of MAS’s SGD Credit Rating Grant: OCBC

SINGAPORE (July 10): A further pickup in Singapore’s fundamentals and market activity remains tied to the upcoming actions of the US Federal Reserve in 2H17 and the resultant flow-on effect of SGD rates, says OCBC Bank.
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