In a recent discussion, an analyst who declined to be named says Singapore has always had a lot of deep-value plays which trade at very low valuations for years. However, “when the major shareholder gets fed up and makes an offer, he won’t make a super high offer, given the deep discount the sto...

Eng-Kwok Seat Moey, managing director and head of DBS Bank’s capital markets business, has a wish list for S-REITs on the 20th anniversary of the IPO of the very first REIT in Singapore, CapitaLand Mall Trust (CMT). Eng-Kwok, who is also called “the mother of S-REITs” because of her pivotal ro...

RHB Group Research analyst Vijay Natarajan has upgraded his rating for EC World REIT from ‘neutral’ to ‘trading buy’ after the manager of the REIT announced on May 17 that it has been approached by its sponsor-led consortium for the potential transaction involving all its properties. Nataraj...

As Alan Miyasaki, head of real estate Asia acquisitions at Blackstone, sees it, both public and private markets work very well. In his view, scale matters in public markets. As an example, he cites Croesus Retail Trust which was acquired by Blackstone in 2017. The property portfolio was “smallish�...

Staying private means flexibility for companies to restructure while going public unlocks value for shareholders. But what the downsides of each plan? Private markets — as the name suggests — provide privacy for companies wishing to grow or restructure away from the prying eyes of investors, wit...

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SOILBUILD Business Space Reit's (Soilbuild Reit) trust scheme of arrangement has been sanctioned by the court on March 30, the Reit's manager said in a Singapore Exchange filing on Tuesday night.

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...

THE court hearing on the application to sanction Soilbuild Business Space Reit's (Soilbuild Reit) trust scheme of arrangement has been adjourned to March 30, 9am.

UNITHOLDERS of Soilbuild Business Space Reit (Soilbuild Reit) have voted in favour of the proposed privatisation offer from Blackstone Real Estate and Lim Chap Huat, the executive chairman of the real estate investment trust's (Reit) sponsor Soilbuild Group.

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.