SINGAPORE lists 2 actively traded Healthcare related S-Reits – ParkwayLife Reit and First Reit. Healthcare Reits invest in income-producing real estate primarily used for healthcare related purposes including but not limited to hospitals, medical offices, outpatient facilities and nursing ...

On June 9, Moody's Investors Service warned that Indonesia is facing a heightened risk of rupiah depreciation due to rising foreign capital outflows – a credit negative for rated Indonesian developers as most of their debt is in US dollars. Most developers' financial hedges have reduce...

REITs’ unit prices are affected by a myriad of factors. For investors and market watchers who wonder why REITs’ price to net asset value ratios (P/NAV) vary between more than 2x for ParkwayLife REIT (PLife REIT) to 0.53x for Lippo Mall Indonesia REIT (LMIRT) and BHG Retail REIT, look no further ...

On May 23, unitholders of Mapletree Commercial Trust (MCT) voted overwhelmingly in an extraordinary resolution to change its fee structure to that of Mapletree North Asia Commercial Trust (MNACT), which MCT is acquiring. MCT’s current fee structure constitutes a base fee of 0.25% per annum of the ...

Following the Proposed Divestment, the weighted average age of property computed on a GFA basis for the portfolio of First REIT will improve from 16.2 years to 15.7 years as at 31 December 2021 and on a pro forma basis, including the Japan Nursing HomesThe net proceeds from the divestment may be use...

First Real Estate Investment Trust (First Reit) will divest Siloam Hospitals Surabaya at an agreed property value of 430 billion rupiah (S$40.9 million), subject to post-completion adjustments.

THE following companies saw new developments that may affect trading of their securities on Thursday (May 19):

On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...

THE following companies saw new developments that may affect trading of their securities on Monday (May 9):

FIRST Real Estate Investment Trust (First Reit) posted a distribution per unit (DPU) of 0.66 Singapore cents for its first quarter ended Mar 31, 2022, up 1.5 per cent from 0.65 cents a year ago, its manager said in a business update on Friday night (May 6).