METRO Holdings M01 has formed a strategic tie-up with Japanese real estate player Daiwa House Industry to deepen investment collaboration in various asset classes, following the Singapore-listed group's S$41.3 million investment in Daiwa House Logistics Trust for a 7.65 per cent stake....

Metro Holdings has formed a strategic collaboration with Tokyo Stock Exchange-listed Daiwa House Industry Co, to explore further investment collaboration in property asset classes ranging from logistics, commercial and housing in markets across the Asia Pacific region. It follows Metro’s investmen...

Daiwa House Logistics Trust's (DLHT) public offer will close on Wed Nov 24, 2021) at 12.00 pm. The REIT will commence trading on a “Ready” basis on Fri Nov 26, 2021 at 2.00 pm. DLHT’s annualised distribution per unit yield in 2021 is forecast to be around 6.3%, rising to 6.5% in 2022. The IPO ...

Market observers rueing another lull year for IPOs in the Singapore market might see a slight uptick in activity as the year draws to a close. This time last year, Nanofilm Technologies International’s big listing, which vaulted it to unicorn status, sparked optimism that the IPO drought will end ...

Daiwa House Logistics Trust (DHLT) has lodged its prospectus. It is the first REIT - albeit modestly sized - to attempt an IPO since the listing of United Hampshire US REIT in March last year. The initial portfolio of DHLT is likely to comprise 14 logistics properties in Japan with a net lettable ar...

PROPERTY and retail group Metro Holdings' net profit for the 6 months ended Sept 30, 2021 (H1 FY2022) shrank 7.3 per cent year-on-year to S$18.33 million.

MAINBOARD-listed property investment and development group Metro Holdings on Friday (Oct 22) evening announced a series of investments across key markets in Australia, Singapore and Indonesia to stay resilient.

Metro, along with its joint venture partner Sim Lian has announced the acquisition of a shopping centre in New South Wales, Australia, for a purchase consideration of about A$132.8 million ($133.9 million). In a release, Metro says Cherrybrook Village Shopping Centre is a freehold property with a si...

Last week, The Edge Singapore (Issue 998, Aug 23) wrote on why seemingly undervalued stocks do not appreciate in price. To recap, one of the ways to differentiate value traps from value plays is to look at the company’s ROE and compare it to the company’s cost of capital, based on its P/B valuat...

One after another, Temasek-linked companies have come under some form of restructuring or M&A exercise. What are the reasons behind it and which are the next likely candidates? Sometimes, investment decisions are about making hard-nosed choices, especially when a business faces an existential th...