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%...

Singapore is “one step closer to dawn”, according to DBS Group Research analysts Yeo Kee Yan and Janice Chua, after companies’ earnings in 2Q20 bore the brunt of the global lockdowns with a sharp 14.9% cut in FY20F earnings for stocks covered by the bank. “With global economies reopening, ma...

CAPITALAND'S wholly-owned lodging business unit, The Ascott, is offering more perks to members of its Ascott Star Rewards (ASR) loyalty programme, it said in a press statement on Monday.

The Covid-19 pandemic has heavily affected the hospitality industry worldwide, and Singapore is no exception. The hospitality REITs continued to bear the brunt of the pandemic as their 1H20 results were rather lacklustre and came in below OCBC Investment Research’s expectations. This was due to a ...

Analysts are overall positive on Singapore REITs (S-REITs) following the worldwide fiscal and monetary stimulus from central banks, lowered interest rates, as well as the extended Jobs Support Scheme (JSS) unveiled on August 17. The JSS will now provide 10% to 50% in wage subsidies for up to seven m...

FITCH Ratings on Tuesday revised its outlook to negative from stable for Ascott Real Estate Investment Trust (Ascott Reit), one part of mainboard-listed stapled group Ascott Residence Trust (ART).

CapitaLand’s wholly-owned lodging business unit, The Ascott Limited has launched its ‘Work in Residence’ initiative at participating properties around the globe. The initiative transforms selected apartments into conducive, self-contained work suites for guests seeking comfortable and alternat...

The manager of Cromwell European Real Estate Investment Trust (CEREIT) has announced that CEREIT has been ranked amongst the top 10 Singapore-listed REITs and business trusts in the Singapore Governance and Transparency Index (SGTI) 2020.  In the latest index released on August 6, CEREIT achiev...

Singapore-listed companies have charted a new record in governance and transparency in 2020. This is according to the annual Singapore Governance and Transparency Index (SGTI) published by CPA Australia, NUS Business School’s Centre for Governance, Institutions and Organisations (CGIO) and Singapo...

CAPITALAND Commercial Trust, CapitaLand Mall Trust and Ascott Residence Trust have emerged at the top of the latest Singapore Governance and Transparency Index (SGTI) ranking of real estate investment trusts (Reits) and trusts.