IN LESS than a week, unitholders of Soilbuild Business Space Reit will have to vote on a proposed privatisation offer from Blackstone Real Estate and the executive chairman of the Reit's sponsor, Soilbuild Group, Lim Chap Huat.

AS Soilbuild Business Space Reit's (Soilbuild Reit) appointed independent financial adviser, KPMG said the offer to take the Reit private at S$0.55 per unit is "fair and reasonable", and recommended the Reit's independent directors to advise unitholders to vote in favour ...

Soilbuild REIT, on Feb 17, issued a scheme document revealing that it has reduced its privatisation offer to 53.806 cents per unit, from 55 cents previously. According to the document, the scheme consideration was reduced by the distribution per unit (DPU) of 1.194 cents that was distributed for the...

THE following companies saw new developments that may affect trading of their shares on Wednesday:

THE following companies saw new developments that may affect trading of their securities on Friday.

SOILBUILD Business Space Reit on Wednesday posted a fourth-quarter distribution per unit (DPU) of 1.194 Singapore cents, up 29.1 per cent from 0.925 cent a year ago.

The manager of Soilbuild REIT has reported distribution per unit (DPU) of 1.194 cents for the 4QFY2020 ended December, 29.1% higher than DPU of 0.925 cents in 4QFY2019. Gross revenue for the quarter was up 5.4% y-o-y to $24.1 million due to the higher revenue contributions from 25 Grenfell Street an...

AFTER weeks of watching Lippo Malls Indonesia Retail Trust (LMIRT) and Sabana Shari'ah Compliant Real Estate Investment Trust (Sabana Reit) make headlines for all the wrong reasons, the privatisation offer for Soilbuild Business Space Reit (Soilbuild Reit) announced earlier this week wa...

ANALYSTS largely showed support for the privatisation offer of Soilbuild Business Space Reit by Soilbuild Group's executive chairman Lim Chap Huat and Blackstone Real Estate via a trust scheme of arrangement, announced on Monday.

UNITS of Soilbuild Business Space Reit advanced on Monday afternoon after its sponsor's chairman and Blackstone proposed to take the trust private at a premium.