Since Sept 2002, which is as far back as the FTSE REIT Index goes, REITs have outperformed the Straits Times Index by two times. Including distributions reinvested, the FTSE REIT Index has gained 520% these 20 years while the STI, with dividends reinvested, is up just 242%. In the past 10 years, the...

During an analyst and investor briefing on Aug 20, ESR Cayman’s management received a few questions on its plans for ARA Asset Management’s REITs, given that not all the latter’s businesses provided synergies. Indeed, during an interview with The Edge Singapore, and also in various briefings, ...

QUARZ Capital Management said in a letter to The Business Times last week that it disagreed with views I recently expressed about its adversarial approach to engaging the manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit).

QUARZ Capital Management and Black Crane Capital waged a bruising campaign last year to prevent Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) from being merged with ESR-Reit on terms that were plainly unfair.

SABANA Shari'ah Compliant Real Estate Investment Trust (Sabana Reit) on Friday said it will not hold an extraordinary general meeting (EGM) for unitholders to endorse the appointment of hedge fund founder Chan Wai Kheong as its independent non-executive director.

QUARZ Capital and Black Crane Capital have sent a requisition letter to the manager of Sabana Shari'ah Compliant Real Estate Investment Trust (Sabana Reit), asking to convene an extraordinary general meeting (EGM) to endorse the appointment of hedge fund founder Chan Wai Kheong as the R...

ESR-REIT’s distribution per unit in 1HFY2021 for the six months to June 30 rose 14.3% y-o-y to 1.554 cents on higher gross revenue of $119.8 million, up 5.4% y-o-y, and lower property expenses. Other expenses such as interest expense fell by 7.4% y-o-y, helped by lower debt costs of 3.24% p.a. In ...

THE recent completion of retail mall NTP+ will likely continue boosting FY2021 and FY2022 earnings for Sabana Real Estate Investment Trust (Reit), DBS said in a research note on Friday.

THE recent completion of New Tech Park+ will likely continue boosting FY2021 and FY2022 earnings for Sabana Real Estate Investment Trust (Reit), DBS said in a research note on Friday.

THE manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) has announced a distribution per unit (DPU) of 1.48 Singapore cents for the half year ended June 30, 2021, more than three times the DPU of 0.47 Singapore cents a year ago.