REIT

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
Soilbuild REIT adjusts privatisation offer to 53.806 cents from 55 cents as previously stated - THE EDGE SINGAPORE

REITs

Soilbuild REIT adjusts privatisation offer to 53.806 cents from 55 cents as previously stated

As at 9.04am, units in Soilbuild REIT are trading 0.5 cent higher or 0.9% up at 53.5 cents.
Mapletree Commercial Trust reports 1.9% lower 3Q revenue; sees rebound in shopper traffic and tenant sales in update - THE EDGE SINGAPORE

Results

Mapletree Commercial Trust reports 1.9% lower 3Q revenue; sees rebound in shopper traffic and tenant sales in update

The declines were mainly due to the rental rebates granted to eligible tenants who were affected by Covid-19.
Analysts positive on Sunpower Group's M&S divestment - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Sunpower Group's M&S divestment

Both UOB Kay Hian and DBS Group Research have rated Sunpower at "buy".
STI up 1.33% following vaccine rollout; positive outlook in 2021 - THE EDGE SINGAPORE

STI watch

STI up 1.33% following vaccine rollout; positive outlook in 2021

Week-on-week, the index was up 1.19% from 2,825.51.
Cromwell European REIT to buy 11 properties in Czech and Slovakia for $183.6 million - THE EDGE SINGAPORE

REITs

Cromwell European REIT to buy 11 properties in Czech and Slovakia for $183.6 million

CEREIT has acquired €220.2 million in light industrial and logistics assets this year
Ascendas REIT to list 133.9 mil preferential offering new units at $2.96 per unit - THE EDGE SINGAPORE

REITs

Ascendas REIT to list 133.9 mil preferential offering new units at $2.96 per unit

The new units will be listed and quoted on the mainboard of the SGX-ST at 9am on Dec 9.
How should unitholders view the Sabana REIT and ESR-REIT merger?  - THE EDGE SINGAPORE

Corporate moves

How should unitholders view the Sabana REIT and ESR-REIT merger?

Five reasons why a merger with ESR-REIT would be beneficial for its unitholders

Company in the news

CapitaLand to grow new economy assets in China to $5 bil

Investments will include business parks, logistics and data centres.
CapitaLand says it sees 'encouraging signs of recovery' in 3Q business update - THE EDGE SINGAPORE

Results

CapitaLand says it sees 'encouraging signs of recovery' in 3Q business update

Shares in CapitaLand closed 6 cents higher or 2.4% up at $2.57 on Nov 3.
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