Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Star...

ARA Logos Logistics Trust is riding on a rising logistics demand, says RHB Group Research analyst Vijay Natarajan, with good medium-term growth potential ahead.  Natarajan is maintaining his “buy” call on ARA Logos, with a raised target price of 78 cents representing an 11% upside.  �...

Within the STI, United Overseas Bank, OCBC and Wilmar International have seen the highest net institutional inflows in the 2021 year to Feb 18, while outside the STI, the highest net institutional inflows remained drawn to technology trio Fu Yu Corporation, AEM Holdings and UMS Holdings. Among the b...

RHB Group Research’s Loong Kok Wen and Vijay Natarajan have maintained their “overweight” call on Singapore REITs (S-REITs), and a “Neutral” call on Malaysian REITs (M-REITs).  In a 10 Feb note, the analysts said they prefer S-REITs over M-REITs, as Singapore has successfully containe...

Manulife US REIT announced a 5.4% decline in distributions per unit to 5.64 US cents in FY2020. During a results briefing, Jill Smith, CEO of MUST’s manager attributed this to provisions for expected credit loss, and a sharp reduction in car parking income. While gross revenue rose 9.3% to US$194 ...

WITH warehouse leasing demand strengthening as consumers increasingly let their fingers do the shopping, ARA Logos Logistics Trust (ALOG) is well positioned to ride on the growth in e-commerce.

Analysts from CGS-CIMB Research, DBS Group Research and Maybank Kim Eng have rated ARA LOGOS Logistics Trust (ALOG) at “add”, “buy” and “buy” respectively as they see positive growth prospects for the REIT following its 2HFY2020 and FY2020 results ended December. See: ARA LOGOS Logi...

The manager of ARA LOGOS Logistics Trust has declared distribution per unit (DPU) of 2.927 cents for the 2HFY2020 ended December, 8.9% higher than DPU of 2.689 cents a year ago. This was spread over an enlarged unit base due to the private placement units issued on Nov 11, 2020, and preferential off...

THE following companies saw new developments that may affect trading of their shares on Tuesday.

ARA Logos Logistics Trust's (ARA Logos) distribution per unit (DPU) rose 8.9 per cent to 2.927 Singapore cents for the six months ended Dec 31, 2020, from 2.689 cents a year ago, the manager said on Tuesday.