Since Sept 2002, which is as far back as the FTSE REIT Index goes, REITs have outperformed the Straits Times Index by two times. Including distributions reinvested, the FTSE REIT Index has gained 520% these 20 years while the STI, with dividends reinvested, is up just 242%. In the past 10 years, the...

A large part of Keppel Corp’s proposed acquisition of Singapore Press Holdings (SPH) is about boosting Keppel Capital’s assets under management (AUM) and as a result, its fee income. Keppel Capital’s AUM would potentially grow by 27% from $37 billion to $47 billion through the addition of SPH ...

Capitaland Integrated Commercial Trust (CICT) reported distributable income of $335.9 million for the 1HFY2021 ended June, more than 3 times higher than the $109.7 million posted the year before. This translates to a distribution per unit of 5.8 cents for the period, compared to 2.96 cents in the 1H...

The manager of Lendlease Global Commercial REIT (LREIT) has appointed Ng Hsueh Ling as its new chairman effective June 1. She will take over from outgoing chairman Anthony Peter Lombardo, who commences his new role as the Lendlease group CEO and managing director on the same day. Lombardo will remai...

CapitaLand Commercial Integrated Trust (CICT) has recorded a 66.6% y-o-y jump in net property income (NPI) for the 1QFY2021 ended March to $247 million. The higher NPI is in line with higher revenue for the period, which surged 63.9% y-o-y to $334.8 million according to the trust's 1QFY2021 busines...

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...

Syfe is dropping SPH REIT from its REIT+ portfolio, which tracks the iEdge S-REIT Leaders index by the Singapore Exchange (SGX). In its place, the digital wealth management company is adding Lendlease Global Commercial REIT and AIMS APAC REIT to its constituent list, with 1.5% and 0.9% portfolio wei...

FOUR brokerages have raised their target price on CapitaLand Commercial Integrated Trust (CICT), as most are expecting the recently-merged entity's earnings to recover in the following financial year.

FOUR brokerages have raised their target prices on CapitaLand Commercial Integrated Trust (CICT), as most are expecting the recently-merged entity's earnings to recover in the following financial year.

FOUR brokerages have raised their target prices on CapitaLand Commercial Integrated Trust (CICT), as most are expecting the recently-merged entity's earnings to recover in the following financial year.