The manager of ESR-LOGOS REIT has appointed Karen Lee as the deputy CEO of the manager.Lee was previously CEO of the manager of ARA Logos Logistics Trust (ALOG), which has been merged with the former ESR-REIT.Lee held the position of CEO of ALOG’s manager from June 2020 to May this year.At the sam...

On April 22, stapled security holders of CDL Hospitality Trusts (CDLHT) voted overwhelmingly to approve resolution 4, the implementation of a distribution reinvestment plan (DRP).In a 24- page circular on the rationale for DRP, CDLHT’s manager said: “the cash which would otherwise have been paya...

ESR-REIT <a href="https://esr-logosreit.listedcompany.com/newsroom/20220505_073821_J91U_07... target="_blank">began trading in the local market as ESR-Logos Reit (E-Log) on May 5</a>, beginning a potentially interesting phase of growth after significantly enlarging...

Units in the newly-merged ESR-LOGOS REIT (E-LOG) closed flat at 39.5 cents on May 5, its first day of trading as a combined entity.The entity, which is made up of ESR-REIT and ARA LOGOS Logistics Trust (ALOG), was renamed as ESR-LOGOS REIT after unitholders from both REITs voted in favour of the mer...

The manager of ESR-REIT has reported distribution per unit (DPU) of 0.723 cents for the 1QFY2022 ended March, 9.6% lower than the DPU of 0.8 cents in the corresponding period the year before.The lower DPU was attributable to the enlarged unit base. In the 1QFY2022, the REIT had a total of 4.05 billi...

THE transfer books and the registers of ESR-Reit J91U unitholders and Ara Logos Logistics Trust K2LU unitholders will be closed at 5pm on Apr 21 to determine the entitlements of these unitholders to their respective clean-up distributions for the period from Jan 1 up to a day before the ef...

THE trustee and the property manager of Ara Logos Logistics Trust (ALog Trust) have received a writ of summons for a claim amounting to about S$8 million, plus interest and costs.

The manager of ARA LOGOS Logistics Trust (ALOG) has received a writ of summons for a claim pertaining to TheSeafoodCompany arising from an incident that took place in September 2021. TheSeafoodCompany (TSC) is a tenant of one of ALOG�s properties at 2 Fishery Port Road. The amount in dispute is arou...

THE trustee and the property manager of Ara Logos Logistics Trust (ALog Trust) (K2LU) have received a writ of summons for a claim amounting to about S$8 million, plus interest and costs.

“The EFR amount is lower than the initial plan of $718 million due to the weak share price recently. Hence, we think LREIT may look to raise more debt/perps (perpetual securities) to make up the funding shortfall,” says CGS-CIMB in an update. CGS-CIMB had originally estimated DPU accretion at be...