DBS Group Research analysts Derek Tan, Rachel Tan, Dale Lai and Geraldine Wong have cut their distribution per unit (DPU) estimates and their target prices for the overall Singapore REIT (S-REIT) sector following the recent results season.Even though the sector enjoyed a general near-term rebound in...

UOB Kay Hian Research analysts have added Singapore Telecommunications (Singtel), First Resources and Keppel Corporation to their Alpha Picks, while switching out Nanofilm Technologies for the larger-cap Venture Corporation.According to UOBKH analysts, the Alpha Picks outperformed the Straits Times ...

DBS Group Research analysts Geraldine Wong and Derek Tan have kept their “buy” call on LendLease Global Commercial REIT (LREIT), describing it as a “hidden gem” with the potential to emerge as a strong contender within the retail Singapore REIT space.In their Nov 8 report, the analysts point...

in its latest 1QFY2023 ended September business update, Lendlease Global Commercial REIT (LREIT) announced that it has managed to maintain its portfolio resiliency.Its portfolio committed occupancy remained high at 99.7% with a long weighted average lease expiry (WALE) of 8.5 years by net lettable a...

Singapore Fintech Festival 2022Sustainability launches aplenty at MAS, new CSO appointed Jovi Ho Published on Thu, Oct 27, 2022 / 1:57 PM GMT+8 / Updated 1 hours ago #block-block-319 .container_cta{ border-top: outset; border-bottom: inset; } A- A A+ Follow us on...

The manager of Lendlease Global Commercial REIT (LREIT) has issued a statement on Oct 20 with its responses to questions from unitholders and the Securities Investors Association (Singapore) or SIAS.The questions were submitted before the REIT’s annual general meeting (AGM), which will be held at ...

UOB Kay Hian analyst Jonathan Koh is maintaining his “overweight” rating on the Singapore REITs (S-REITs) sector after a spate of panic selling within the sector due to the financial turmoil in the UK.The selling, which affected most S-REITs that have exposure to the UK and Europe, also spilt ov...

As the US Federal Reserve (US Fed) hiked its rates by 75 basis points for the third consecutive quarter after the Federal Open Market Committee (FOMC) meeting on Sept 21, UOB Kay Hian analyst Jonathan Koh sees that the “ferocious rate hikes” have almost reached a “climax”.“Based on the Fed...

In The Edge Singapore’s forum titled E-commerce, threat or opportunity? which was being held on Sept 19 in conjunction with the supplement, Celebrating 20 years of S-REITs, Adrian Chui, CEO of ESR-LOGOS REIT ’s (E-LOG) manager; Kelvin Chow, CEO Lendlease Global Commercial REIT’s (LREIT) manage...

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...

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...

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...

Independent directors (IDs) on the boards of listed companies (listcos) here may soon face hard caps on their tenure as part of a set of refined corporate governance rules that the Singapore Exchange ’s (SGX) regulatory arm plans to introduce.Singapore Exchange Regulation (SGX RegCo) wants listcos...

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...

REITsLendlease Global Commercial REIT maintains consistent DPU growth while scoring on the ESG front The Edge Singapore Published on Wed, Sep 14, 2022 / 11:11 AM GMT+8 / Updated 4 hours ago #block-block-319 .container_cta{ border-top: outset; border-bottom: inset; } A- A...