PhillipCapital analyst Natalie Ong has maintained her “overweight” outlook on Singapore REITs (S-REITs) amid catalysts expected from the pick-up in the Singapore economy. According to the report dated April 12, all sub-sectors are in the green with the exception of healthcare at -0.1%. Office RE...

As the Straits Times Index (STI) turned in a “respectable performance” in the 1Q2021, PhillipCapital’s head of research Paul Chew writes that he remains positive on equity markets, in an April 1 report. This comes on the back of a pick-up in global economic momentum, as well as signs of reflat...

Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Star...

DBS Research Group analysts Rachel Tan and Derek Tan have reiterated their positive stance for Singapore office and US office S-REITs as vaccinations boost a return to normalcy and more workers start returning to offices. In a research note dated March 25, the analysts cite a KMPG survey that found ...

Manulife US REIT (MUST) has obtained a US$250 million ($335.7 million) unsecured sustainability-linked loan from DBS and OCBC Bank, with both banks acting as sustainability advisors for the transaction. The unsecured five-year sustainability-linked loan facility incorporates interest rate reductions...

MANULIFE US Real Estate Investment Trust (Manulife US Reit) has obtained a five-year US$250 million unsecured sustainability-linked loan from DBS and OCBC.

THE following companies saw new developments that may affect trading of their securities on Wednesday:

DBS Group Research analysts Rachel Tan and Derek Tan are remaining positive on US Office S-REITs despite the recent slip amid fears of rate hikes due to the more optimistic outlook on the US economy, and expectations of a quicker and stronger recovery. As macroeconomic data points towards recovery, ...

PhillipCapital’s research analyst Natalie Ong has maintained her “overweight” recommendation on Singapore real estate investment trusts (S-REITs), as the FTSE S-REIT Index fell 4.6% m-o-m, in line with the Singapore market. To Ong, she expects catalysts in the REITs’ unit prices due to acqui...

Analysts are upbeat on Manulife US Real Estate Investment Trust (MUST) following its latest FY2020 results announcement, which saw a 5.4% y-o-y drop in DPU to 5.64 US cents, mainly due to provisions for expected credit loss, and a sharp reduction in car parking income. While gross revenue rose 9.3% ...