real estate investment trust

Soilbuild REIT disposes 72 Loyang Way asset for $34.1 mil with remaining lease of 19 years

Property

Soilbuild REIT disposes 72 Loyang Way asset for $34.1 mil with remaining lease of 19 years

SINGAPORE (Mar 21): Soilbuild Business Space REIT (Soilbuild REIT) has agreed to sell its industrial property at 72 Loyang Way, and all of its mechanical electrical equipment, to Kim Hock Enterprise for a total consideration of $34.08 million.

In print this week

New broom sweeps clean for Sabana REIT’s unitholders

SINGAPORE (Apr 16): In a Singapore Exchange filing, e-Shang Redwood (ESR), a pan-Asia logistics real estate developer, which is the sponsor and major shareholder of ESR-REIT, announced that it held a 7.05% stake in Sabana Shariah Compliant Industrial REI
Manulife

Broker's Calls

One REIT to benefit from a rebounding US economy

SINGAPORE (Nov 23): RHB Singapore is initiating coverage on Manulife US REIT with a "buy” recommendation with a target price of 96 US cents ($1.37).

Results

Parkway Life REIT’s 3Q DPU falls 8.8% to 3.06 cents on absence of one-off gain

SINGAPORE (Oct 27): Parkway Life REIT (PLife REIT) has declared a distribution per unit (DPU) of 3.06 cents for 3Q16, 8.8% lower than the 3.36 cents in the same period a year ago.

Parkway Life REIT posts 10.2% drop in 2Q DPU to 3.01 cents on absence of one-off gain

SINGAPORE (July 26): Parkway Life REIT (PLife REIT) has declared a 2Q DPU of 3.01 cents, which is 10.2% lower than the DPU of 3.35 cents a year ago.
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