RHB Group Research analyst Vijay Natarajan has kept “buy” on ESR-LOGOS REIT (E-LOG) as the REIT’s portfolio rejuvenation continues.Post-merger, the REIT has been delivering on its promises of revamping its portfolio, making a series of divestments at a premium and redeploying it into high-qual...

ESR Group, the sponsor of SGX-listed ESR-LOGOS REIT (E-LOG), has embarked on an 80:20 strategic partnership with GIC to establish a US$600 million ($847.9 million) joint venture on Nov 1.The JV will invest in income-producing core industrial and logistics assets in India, reads the joint release by ...

Risk-off sentiments continued to prevail in a month plagued by hawkish Fedspeak urging for monetary policy to be tightened into restrictive areas as well as persistent inflation, with 10-year US treasury yields consequently peaking at 4.24% as at Oct 24, a level not seen since 2008. Ten-year US trea...

Held on Oct 29, The Edge Singapore’s forum titled Industrial REITs in the New Economy — sponsored by ESR-LOGOS REIT (E-LOG) — may have answered questions about why the two data centre REITs have fallen so much this year. The speakers were Adrian Chui, CEO of ESR-LOGOS REIT’s manager, Tan Tec...

Analysts at DBS Group Research, CGS-CIMB Research and OCBC Investment Research (OIR) have maintained their “buy” calls on ESR-LOGOS REIT (E-LOG) with lower target prices following the REIT’s 3QFY2022 business update.E-LOG has reported another quarter of strong double-digit reversions of 11.4%,...

The manager of ESR-LOGOS REIT (E-LOG) REIT has announced that 53 Peregrine Drive, Port of Brisbane, a logistics property located in Queensland, Australia, has received its practical completion following the completion of its asset enhancement initiative (AEI) on Oct 24.53 Peregrine Drive had gone th...

Stay defensive and look for value opportunities among Singapore Exchange (SGX) names, says RHB Group Research analyst Shekhar Jaiswal in a Singapore strategy note.“Given the rising global macroeconomic risks, equity markets are likely to continue being volatile. Investors should maintain a defensi...

ESR-LOGOS REIT (E-LOG) has reported gross revenue of $96.2 million for the 3QFY2022 ended Sept 30, up 57.4% y-o-y.Net property income (NPI) for the quarter increased by 59.2% y-o-y to $69.9 million.The higher gross revenue and NPI were mainly attributable to contributions from ARA-LOGOS Logistics Tr...

THE following companies saw new developments that may affect trading of its securities on Wednesday (Oct 26): 

ESR-LOGOS Reit saw its gross revenue and net property income (NPI) of S$96.2 million and S$69.9million, respectively, for the third quarter ended Sep 30 – representing a 57.4 per cent and 59.2 per cent increase from the previous year.

Last month, Charles “Chip” Kaye, group CEO of Warburg Pincus, met with The Edge Singapore for an exclusive interview at its offices on OUE Bayfront overlooking Marina Bay and Marina Bay Sands, to explain his company’s business of private equity and how his company’s strategy is differentiate...

ESR Group, the sponsor of ESR-LOGOS REIT (E-LOG) and Asia Pacific’s (APAC) largest real asset manager, has completed the construction of ESR Kawasaki Ukishima Distribution Centre.The centre is a four-storey facility which has a total gross floor area (GFA) of 69,550 sqm. It’s been built with the...

Analysts from DBS and Maybank have maintained their “buy” call for ESR LOGOS REIT (ELOG) with unchanged target prices (TPs) of 50 cents and 55 cents respectively.In their report dated Oct 14, DBS Group Research analysts Dale Lai and Derek Tan say that ELOG’s portfolio rejuvenation has addresse...

The trustee of ESR-LOGOS REIT (ELOG), RBC Investor Services Trust Singapore Limited, has entered into a 7.1 billion yen ($69.6 million) unsecured loan facility agreement.According to the REIT manager, the proceeds of the term loan facility will partially finance the equity portion of the REIT's acqu...

RHB Group Research analysts Loong Kok Wen and Vijay Natarajan have maintained their “overweight” call on the industrial S-REIT sector and “neutral” call on the industrial M-REIT sector.Their top picks are Capitaland Ascendas REIT, ESR-Logos REIT and AIMS APAC REIT in Singapore, and Axis REIT...