Since REITs began listing in Singapore in 2002, they have experienced at least one Great Recession following the Global Financial crisis of 2008-2009 and one pandemic, which we are still fighting against. Yet, over the two decades, REITs have delivered some of the best gains compared to other asset ...

A couple of Chinese S-REITs — that is locally listed REITs with mainland Chinese assets — have encountered some headwinds. That is not the case with EC-World REIT, which with its port logistics assets and warehouses, should be having a fair tailwind. So far, so good. Following the release of EC-...

Following the completion of the sale of 70% of the trustee manager of Dasin Retail Trust by Zhang Zhencheng to a unit of Sino-Ocean Capital for $8.3 million on Oct 12, Zhang has stepped down as chairman of the manager, and is appointed as a member of the Audit and Risk Committee, and the Remuneratio...

Dasin Retail Trust’s manager announced that Zhang Zhencheng, chairman Dasin Retail Trust’s manager, has completed the transfer of shares in the manager to New Harvest, an affiliate of Sino-Ocean Capital. Dasin Retail Trust’s unit price, which had been under pressure, rebounded to 43 cents on O...

As at June 30, Dasin Retail Trust’s net asset value (NAV) stood at $1.46. DPU for the 1HFY2021 ended June of 2.98 cents would give an annualised DPU yield of more than 11% on the trust’s current price of around 50 cents. In July, New Harvest Investment, an affiliate of Sino-Ocean Capital, acqui...

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

DASIN Retail Trust (DRT) on Monday said its business fundamentals are "reasonably sound" throughout the protracted Covid-19 crisis, and expects to generate sufficient cashflow to meet working capital needs.

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

DASIN Retail Trust reported on Monday a 55.2 per cent increase in distribution per unit (DPU) to 2.98 Singapore cents for its first half ended June 2021, from 1.92 cents a year ago.

A large part of Keppel Corp’s proposed acquisition of Singapore Press Holdings (SPH) is about boosting Keppel Capital’s assets under management (AUM) and as a result, its fee income. Keppel Capital’s AUM would potentially grow by 27% from $37 billion to $47 billion through the addition of SPH ...