Jovi Ho, senior writer at The Edge Singapore, has been named Most Promising Journalist of the Year by the Securities Investors Association (Singapore).This is The Edge Singapore’s second consecutive win in this category at the SIAS’s annual Investors’ Choice Awards, which marked its 23rd editi...

Local leaders in corporate governance outperformed the broader Straits Times Index (STI) since 2008, proving the value and importance of transparency, says David Gerald, founder, president and CEO of the Securities Investors Association (Singapore).SIAS constructed a portfolio featuring winners of S...

CGS-CIMB Research analysts Lock Mun Yee and Natalie Ong have kept their “add” rating on Mapletree Pan Asia Commercial Trust (MPACT) as they see the REIT’s growing pains as being alleviated by the merger between Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT)....

The manager of Manulife US REIT (MUST) has appointed Caroline Fong as its new deputy CEO on Sept 30.Fong, who is currently the REIT’s chief investor relations and capital markets officer, as well as its chief sustainability officer, will retain her current roles.According to MUST, Fong joined the ...

As the US Federal Reserve (US Fed) lifted interest rates by 75 basis points (bps) for the third consecutive time on Sept 22, CLSA Research analysts Neel Sinha, Yew Kiang Wong and Horng Han Low are expecting several industries such as the property and REITs sector to take a hit, with the exception of...

Frasers Centrepoint Trust (FCT) may be back in the running among the Singapore REITs (S-REITs) bidding for the Mercatus portfolio now that the portfolio may exclude AMK Hub and, or Nex, say DBS Group Research analysts Rachel Tan, Geraldine Wong, Percy Leung, Derek Tan and Jeff Yau.The portfolio coul...

With effect from Sept 26, iFast Corp, IGG Inc, Olam Group and Yangzijiang Financial Holding will exit the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index.While these four companies take their leave off the index, six companies have been included into the index, namely CapitaLand Investment, L...

In 2021, CapitaLand privatised its development business, leaving CapitaLand Investment (CLI) as the sponsor of its four REITs and two property trusts. Of these six vehicles, five are listed in Singapore. Among them are Singapore’s largest and Asia Pacific’s third-largest REIT, CapitaLand Integra...

Singapore REITs command a significant presence in the Singapore stock market. Representing more than 10% of the total market value of Singapore-listed stocks, and more than 20% of the day-to-day turnover, these are considerably higher levels than what REITs maintain on a global scale. Colloquially k...

Much has been said about the prospects of going overseas, less about its challenges. The challenges of going overseas were recently highlighted in the proposed privatisation of Frasers Hospitality Trust by a unit of its sponsor, Frasers Property (FPL).FHT’s manager cites three reasons for privatis...

Frasers Centrepoint Trust (FCT) on Sept 12 announced that it will be acquiring an additional 10% stake in Waterway Point for a consideration of $132.3 million. This raises the trust’s stake in the mall located in Punggol to 50.0% from 40.0% previously.Following this move, analysts are upbeat on FC...

UOB Kay Hian analyst Jonathan Koh has maintained his “overweight” rating for retail REITs with downtown malls showing signs of recovery and increasing rent prices in suburban malls proving resilient and attractive.With retailers now operating at full capacity and without restrictions since group...

UOB Kay Hian analyst Jonathan Koh is of the view that Lendlease Global Commercial REIT (LREIT) can benefit from the potential revival of the Kuala-Lumpur-Singapore High-Speed Rail (HSR), maintaining his “buy” call and target price of 99 cents on the REIT.On Aug 22, Malaysia’s prime minister Is...

There are different views on this, but on the whole the move to Sora is meant to be neutral with reference to SOR. On the other hand, it appears that S-REITs, corporates and any entity or consumer with a loan are likely to face higher funding costs. That impact has not yet been fully felt because th...

DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong are positive on Singapore REITs (S-REITs), in light of a good defence set up with refinancing profiles well staggered and high hedge ratios in place.The analysts observe that higher inflationary pressures and interest rat...