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):

THE auditor of Dasin Retail Trust CEDU has flagged a material uncertainty that may cast significant doubt on the real estate investment trust (Reit)'s ability to continue as a going concern, reported the Reit in a bourse filing on Monday (Apr 11).

THE following companies saw new developments that may affect trading of their securities on Monday (Mar 21):

Dasin Retail Trust is in talks to sell two of its assets, retail malls Shiqi Metro Mall and Xiaolan Metro Mall to an entity linked to one of the trust’s substantial shareholders. Both malls are located Zhongshan of China’s Guangdong province. The potential buyer Wuhu Yuanche Bisheng Investment C...

THE trustee-manager of Dasin Retail Trust on Sunday (Mar 20) announced that it has entered into a non-binding memorandum of understanding (MOU) for the potential divestment of 2 of its retail properties - Shiqi Metro Mall and Xiaolan Metro Mall.