REITs

“Given the present developments, it would no longer be feasible or practicable for the managers and the REIT trustee to effect the payment of the distribution in part or at all at this juncture,” says EHT’s manager.

SINGAPORE (May 26): On May 26, ARA Asset Management announced that AVIC Trust will be exiting as a shareholder of ARA Asset Management. At the same time, John Lim, CK Asset Holdings and Straits Trading, raised their shareholding to 51.3%, and Warburg Pin

The best performer is Keppel DC REIT, up 16% year-to-date, followed by Mapletree Logistics Trust (MLT) and Ascendas REIT. While Keppel DC REIT is resilient because of its long weighted average lease expiries, and its double and triple net leases to data

SINGAPORE (May 11): On May 5, OCBC Credit Research pointed out that Lippo Mall Indonesia Retail Trust did not accrue distributions to perpetual holders under its statement of distribution.

Retail sales were struggling even before “circuit breaker” measures were implemented on April 7.

The index is one of the most popular indices in the Singapore stock market and it is made up of some of the largest S-REITs from across the retail, industrial, office, and logistics sectors.

Frasers Centrepoint Trust (FCT), Mapletree Commercial Trust (MCT) and ESR REIT have retained 50%, 30% and 60% of their distributable income figures respectively in light of Covid-19 uncertainties.

“EHT is not for the faint of heart. If you're a conservative investor, stick to quality REITs, and sell or avoid EHT,” says an investor who has pared his stake in the REIT from 28,000 units in December to 100 units now.

On April 16, the Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) announced that MOF and IRAS will extend the timeline for S-REITs to distribute at least 90% of

“The markets hate uncertainty, and until a medication or vaccine is developed to fight the coronavirus outbreak, Covid-19 will be an overhang on the economy,” says the KGI team. “In a nutshell, we are taking a firm view to buy in April and not look back."