REITs

REITs and Technology sectors are marked to “outperform” in an otherwise “neutral” climate.

As at 4.52pm, shares in Keppel Corp are trading 15 cents higher, or 3.5% up at $4.45.

Real estate income has been impacted by the pandemic

The restrictions in Jakarta will take place from September 14 to 27, and may be extended.

One bright spot in an otherwise dreary results reporting season for CapitaLand was its fund management business.

CapitaLand has been something of a spectator to the upheavals in the S-REIT sector in the past two years but the way in which their REITs are managed should be an example for other sponsors.

Valuations of REIT properties — not yields — come under closer scrutiny amid fiasco involving Eagle Hospitality Trust and Covid-19 fallout.

The manager of Mapletree North Asia Commercial Trust (MNACT) says its financial and operational performances have continued to be impacted by the ongoing Covid-19 outbreak, particularly in Hong Kong.

In a webinar held by The Edge Singapore and EdgeProp on July 11, Wong Yew Kiang, head of research at CLSA, gave a quick rundown of the Singapore REIT (S-REIT) sector and his view on virus-resistant REITs.

On July 1, Frasers Centrepoint Trust (FCT) announced it has exercised its rights of pre-emption under the bye-laws of PGIM Real Estate AsiaRetail Fund (ARF) to acquire another 12.07% stake for $197.2 million.