real estate

Results

Ascendas India Trust sees FY16/17 DPU grow 3% to 5.69 cents

SINGAPORE (April 26): The trustee-manager of Ascendas India Trust (a-iTrust) has declared a FY16/17 distribution per unit (DPU) of 5.69 cents for the full year ended March 31 as compared to a year ago  on record revenues.

Broker's Calls

Suntec REIT offers ‘good value’, but not enough to win this brokerage’s favour

SINGAPORE (April 26): Maybank Kim Eng Research is maintaining its “hold” call on Suntec REIT with an unchanged price target of $1.76, even as the trust registered 2.3% higher distribution per unit (DPU) at 2.425 cents this morning for the first quarte

Results

Parkway Life REIT sees 9.6% rise in 1Q DPU to 3.3 cents

SINGAPORE (April 25): Parkway Life REIT’s (PLife REIT) manager today posted a distribution per unit (DPU) of 3.28 cents for the first quarter ended March 31, up 9.6% from the 2.99 cents declared a year ago.

Results

Cambridge Industrial Trust’s 1Q DPU falls 9.7% to 1 cent

SINGAPORE (April 25): The manager of Cambridge Industrial Trust (CIT) has declared a 1Q17 distribution per unit (DPU) of 1.004 cent, a 9.7% decrease from 1.112 cent in the previous year.

Results

Frasers Centrepoint Trust reports flat 2Q DPU of 3.04 cents

SINGAPORE (April 25): The manager of Frasers Centrepoint Trust (FCT) has declared a 2Q17 distribution per unit (DPU) of 3.04 cents, unchanged from a year ago.

Yanlord inks $1.5 bil credit facility with consortium of 26 financial institutions

SINGAPORE (April 24): Real estate developer Yanlord Land Group today signed a landmark US$1.05 billion ($1.5 billion) syndicated 3.5 year credit facility with a consortium of 26 global banks and financial institutions, for refinancing and general corpora

Global Markets

'Recession-proof' student housing attracts Singapore investors

SINGAPORE (April 20): GIC and Mapletree Investments are going back to school.

Global Economy

Snaring tax cheats may help Pakistan assets attract billions

LONDON (April 19): Pakistan is mulling a tax amnesty to bring back wealth hidden in foreign assets, a move that may boost stocks, bonds and property.
Xiongan new area

China Focus

Chinese investors are embracing everything Xiongan

BEIJING (April 19): As Jiang Yunhai sees it, a random investment 14 years ago could be the most fortuitous decision he’s ever made.

Singapore’s property market to benefit from population & economic growth ahead

SINGAPORE (April 3): Singapore’s property market is expected to benefit from a number of government policy changes that have recently begun to take effect, according to recent research data published by JLL.
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