UNITHOLDERS of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Tuesday voted "resoundingly" in favour of the proposed merger of CMT and CCT to form a new real estate investment trust (Reit), though CCT unitholders had lower percentage approvals than CMT unithol...

The proposed merger between CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) to create a diversified commercial REIT to be named CapitaLand Integrated Commercial Trust (CICT), has received a resounding yes from unitholders on September 29. See: CMT, CCT propose merger to create...

CAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in recent dialogue sessions with unitholders, said that with or without a merger, both real estate investment trusts (Reits) have already been adopting a diversification strategy within their own portfolios.

CAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in a recent dialogue with unitholders, said that with or without a merger, both Reits (real estate investment trusts) have already been adopting a diversification strategy even within their own portfolios.

CAPITALAND Commercial Trust (CCT) unitholders have had gripes about the terms of its proposed merger with CapitaLand Mall Trust (CMT), but the CEO of its manager Kevin Chee says that all these factors have to be looked at from the perspective this is "a strategic merger of equals . . . ...

Investment activities in Singapore amounted to US$443.1 million ($600.8 million) in the first nine months of the year, down 39.9% from the same period a year ago. The slowdown follows the uncertainties from the Covid-19 health-turned-economic crisis, Financial market data provider Refinitiv reveals ...

This year, the REIT Symposium 2020 organised by the REIT Association of Singapore (REITAS) and ShareInvestor, will be held on Sept 19, and is completely virtual and free although registration is required. This year has been game changer of sorts for real estate in general and REITs in particular. Be...

Tencent, on September 16, announced that it has chosen Singapore as its hub in Asia following its bans in India and the US. See: Tencent picks Singapore as Asia hub after bans in India and US The Chinese tech giant joins rivals Alibaba Group Holding and ByteDance in setting up headquarters in t...

Analysts are upbeat and positive on Keppel REIT’s (KREIT) latest acquisition of the Pinnacle Office Park in Sydney for $303.3 million, a freehold Grade A commercial property comprising three office buildings located within Macquarie Park. With a total net lettable area (NLA) of 35,132 sm (378,165 ...

PhillipCapital analyst Natalie Ong has kept her “overweight” recommendation on Singapore REITs (S-REITs) due to the spate of acquisitions spurred by low interest rates and recovery in share prices. On September 3, Frasers Centrepoint Trust (FCT) announced its plans to acquire the remaining 63.1%...