CHINA-FOCUSED real estate investment trust Dasin Retail Trust on Monday (Nov 14) reported a 7.8 per cent drop in revenue to S$70.7 million for the nine months ended September (9M2022), from S$76.7 million the year before.

CHINA-FOCUSED real estate investment trust Dasin Retail Trust on Monday (Nov 14) reported a 7.8 per cent drop in revenue to S$70.7 million for the nine months ended September (9M2022), from S$76.7 million the year before.

BILLION DOLLAR CLUB: REITS Frasers Logistics & Commercial Trust (FLCT) is one of the REITs under Frasers Property with a portfolio of more than 100 logistics and commercial properties worth around $6.5 billion spread over five major developed countries — Singapore, Austral...

The manager of Dasin Retail announced, on Sept 19, that it has sought to extend its facility agreement up to Dec 31.All financing parties, except one, have granted their approval of the extension. The last extension is pending from a lender, which lent some 17% of the loan.“The lender has informed...

DASIN Retail Trust on Sunday (Aug 14) reported a S$56.4 million loss based on financial statements prepared on a going concern basis for the first half ended June 2022, versus a profit of S$2.9 million in the year-ago period.

THE following companies saw new developments that may affect trading of their securities on Monday (Aug 15): 

Among the S-REITs and property trusts with Chinese assets, CapitaLand China Trust (CLCT) stands apart. Besides being the largest among this group, it is sponsored by a Singaporean company and is also the only REIT with a sound capital management strategy.Sound assets, a diversified portfolio with di...

Among the S-REITs and property trusts with Chinese assets, CapitaLand China Trust (CLCT) is - apart from being the largest among them, and sponsored by a Singaporean company - the only REIT with a sound capital management strategy.Sound assets, a diversified portfolio with diversified tenants and go...

RHB Group Research analyst Vijay Natarajan has maintained his “overweight” rating of the Singapore REIT (S-REIT) sector, which he says is growing despite rising risks.Reminding investors to “stay selective” amid a challenging outlook, Natarajan says: “Despite rising macroeconomic risks and...

Dasin Retail Trust is a business trust styled with similar frameworks as a REIT. It pays out 90% of its distributable income, and keeps its aggregate leverage below 50% if interest coverage ratio (ICR) is above 2.5%, and below 45% if ICR is below 2.5%.Based on its historical distribution per unit of...

On May 23, unitholders of Mapletree Commercial Trust (MCT) voted overwhelmingly in an extraordinary resolution to change its fee structure to that of Mapletree North Asia Commercial Trust (MNACT), which MCT is acquiring. MCT’s current fee structure constitutes a base fee of 0.25% per annum of the ...

Dasin Retail Trust, a property trust structured as a business trust with self-imposed REIT metrics such as gearing limits and distributing at least 90% of its distributable income, has a new major unitholder which also owns 70% of the manager.Based on a Singapore Exchange (SGX) filing, Sino-Ocean Ca...

Tan says although the People’s Bank of China has lowered policy rates, offshore loans continue to cost less than onshore loans. Hence when renewing the maturing loans, Sasseur REIT is likely to maintain its pre-2023 ratio or increase the portion of offshore loans.Debt expiries need to be staggered...

DASIN Retail Trust units closed 3.23 per cent or S$0.01 lower at S$0.30 on turnover of 872,700 units on Tuesday (Apr 12), a day after the trustee-manager of the real estate investment trust (Reit) said that the Reit's auditor had raised concerns about the Reit's ability to continue...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 12):