HSBC Institutional Trust Services, as trustee of Suntec REIT, has issued $200 million fixed rate subordinated perpetual securities under the US$2 billion ($2.72 billion) Euro Medium Term Securities Programme on Oct 27. Oversea-Chinese Banking Corporation (OCBC) was appointed as the sole lead manager...

UOB Kay Hian (UOBKH) is maintaining its ‘buy’ call on Suntec REIT at a revised target price of $1.75. This is up 10 cents from its previous $1.65 call and is believed to give the counter a 19.9% upside from its $1.46 price on Oct 23, analysts Jonathan Koh and Loke Peihao say in a note. The move ...

SUNTEC Real Estate Investment Trust (Suntec Reit)'s distribution per unit (DPU) fell 21.9 per cent to 1.848 Singapore cents for its third quarter ended Sept 30, from 2.365 cents a year ago.

SUNTEC Real Estate Investment Trust (Suntec Reit)'s distribution per unit (DPU) fell 21.9 per cent to 1.848 Singapore cents for its third quarter ended Sept 30, from 2.365 cents a year ago.

The manager of Suntec REIT has reported a distribution per unit (DPU) of 1.848 cents for 3QFY2020 ended Sept, some 21.9% lower than the 2.365 cents posted a year ago, on lower distributable income from operations and absence of capital distribution of some $6.5 million. Distributable income for the ...

THE following companies saw new developments that may affect trading of their securities on Thursday:

TWO new perpetual securities from real estate investment trusts (Reits) are coming to the market.

UOBKayHian (UOBKH) is continuing to look at equities with a focus on high-quality companies that have a strong earnings outlook, re-opening plays, exposure to the Chinese market as well as selected cyclicals. “With subdued near-term inflation and aggressive monetary policies globally, interest rat...

THE trustee of Suntec Real Estate Investment Trust (Suntec Reit) has priced S$200 million in subordinated perpetual securities at 3.8 per cent, the Reit manager said on Monday night in a bourse filing.

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