Suntec Real Estate Investment Trust (Suntec REIT)

SINGAPORE (July 1): Suntec REIT is adding a Sydney freehold Grade A office building to its portfolio for A$297 million ($282 million), bringing assets under management in Australia by the REIT to approximately 14%.

SINGAPORE (June 20): RHB Research is maintaining Suntec REIT at ‘neutral’ despite an improved balance sheet, given operational weaknesses are expected to persist until 1H20.

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various

SINGAPORE (Apr 24): ARA Trust Management, the manager of Suntec REIT, has declared a 1Q19 DPU of 2.434 cents, flat compared to the 1Q18 DPU of 2.433 cents.

SINGAPORE (Jan 24): Analysts believe Suntec REIT could see better days ahead with retail continuing to improve and office rents expected to be on a multi-year upturn.

SINGAPORE (Jan 23): ARA Trust Management, the manager to Suntec REIT, announced DPU for 4Q18 declined by 0.5% to 2.59 cents, compared to 2.60 cents in 4Q17.

SINGAPORE (Oct 24): Suntec Real Estate Investment Trust (Suntec REIT) reported a 3Q18 DPU of 2.491 cents, 0.3% higher compared to the DPU of 2.483 cents in 3Q17.

SINGAPORE (June 12): DBS Group Research remains confident that the Singapore office market remains on a multi-year upturn given modest new supply over the next 3-4 years.

SINGAPORE (May 31): DBS Group Research says this could be a good time to scoop up S-REITs of selected office and hotel names given supply pressures in these sub-sectors have eased.

SINGAPORE (Apr 25): The manager of Suntec REIT announced a distribution per unit (DPU) of 2.433 cents for 1Q18, 0.3% higher than 1Q17 DPU of 2.425 cents.