Viva Industrial Trust (VIT)

SINGAPORE (Dec 14): OCBC Investment Research is starting coverage on ESR-REIT at “buy” with a fair value estimate of 59 cents, following the recent completion of the REIT’s merger with Viva Industrial Trust (VIT) on Oct 15.

SINGAPORE (Oct 26): ESR-REIT announced that its DPU for 3Q18 has increased by 4.1% to 1.004 cents compared to 0.964 cents in 3Q17.

SINGAPORE (Sept 17): ESR-REIT will emerge as the fourth largest Singapore-listed industrial REIT with $3 billion in assets after consolidation with Viva Industrial Trust (VIT).

SINGAPORE (Aug 31): Unitholders of ESR Real Estate Investment Trust (ESR-REIT) on Friday approved a merger with Viva Industrial Trust (VIT), paving the way towards the creation of Singapore's fourth-largest industrial REIT by asset size.

SINGAPORE (May 21): Maybank Kim Eng is downgrading its call on Viva Industrial Trust (VIT) to “hold” from “buy” previously, with a lowered target price of 96 cents.

SINGAPORE (May 18): The respective managers of ESR-REIT and Viva Industrial Trust (VIT) have announced the details in the proposed merger to create the fourth largest industrial REIT in Singapore with approximately $3.0 billion in assets.

SINGAPORE (May 16): Maybank Kim Eng is keeping its “buy” rating on Viva Industrial Trust (VIT) with a target price of $1.05.

SINGAPORE (May 15): The managers of Viva Industrial Trust (VIT) have announced distribution per stapled security (DPS) of 1.838 cents for the 1Q ended March, down slightly by 0.9% from DPS of 1.854 cents a year ago.

SINGAPORE (Mar 23): Viva Industrial Trust (VIT) presents an attractive opportunity even if its proposed merger with ESR-REIT falls through, says OCBC lead analyst Deborah Ong in a Thursday report.

SINGAPORE (Jan 30): DBS Group Research is excited about the proposed merger of ESR-REIT and Viva Industrial Trust (VIT).