s-reit Archives - Mingtiandi https://www.mingtiandi.com/tag/s-reit/ Asia real estate and outbound investment news Wed, 01 Nov 2023 01:30:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://www.mingtiandi.com/wp-content/uploads/2018/04/logo-only-big-90x90.png s-reit Archives - Mingtiandi https://www.mingtiandi.com/tag/s-reit/ 32 32 OUE Commercial REIT Sees 30% Surge in Net Property Income in Q3 https://www.mingtiandi.com/real-estate/finance/oue-commercial-reit-net-property-income-jumps-30-in-q3/ https://www.mingtiandi.com/real-estate/finance/oue-commercial-reit-net-property-income-jumps-30-in-q3/#respond Tue, 31 Oct 2023 15:50:07 +0000 https://www.mingtiandi.com/?p=363135 OUE Commercial REIT recorded net property income of S$62.7 million ($45 million) in the third quarter, up 29.8 percent from the same period a year earlier, thanks to improved performance by its hospitality assets driven by a recovery in Singapore... Read More>>

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]]> https://www.mingtiandi.com/real-estate/finance/oue-commercial-reit-net-property-income-jumps-30-in-q3/feed/ 0 Mingtiandi Han Khim Siew of OUE Commercial REIT SGX-listed Manulife US REIT Names Marc Feliciano Chairman https://www.mingtiandi.com/real-estate/people/sgx-listed-manulife-us-reit-names-marc-feliciano-chairman/ https://www.mingtiandi.com/real-estate/people/sgx-listed-manulife-us-reit-names-marc-feliciano-chairman/#respond Thu, 26 Oct 2023 15:02:23 +0000 https://www.mingtiandi.com/?p=362785 Manulife US REIT (MUST) welcomed new leadership on Thursday appointing Marc Feliciano as non-executive chairman as the Singapore-listed REIT struggles through an 81 percent slide in its equity price this year.

Feliciano, who took over as global head of real... Read More>>

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]]> https://www.mingtiandi.com/real-estate/people/sgx-listed-manulife-us-reit-names-marc-feliciano-chairman/feed/ 0 Mingtiandi Manulife IM's Feliciano is taking on a new challenge Cromwell EREIT Continues Debt Reduction with $99M Sale of Italian Office Campus https://www.mingtiandi.com/real-estate/outbound-investment/cromwell-ereit-continues-debt-reduction-with-99m-sale-of-italian-office-campus/ https://www.mingtiandi.com/real-estate/outbound-investment/cromwell-ereit-continues-debt-reduction-with-99m-sale-of-italian-office-campus/#respond Mon, 09 Oct 2023 14:15:52 +0000 https://www.mingtiandi.com/?p=360804 Cromwell European REIT has completed the sale of an Italian office campus for €94 million ($99.2 million) as the Singapore-listed trust continues to sell of non-core assets to reduce debt.

After seeing its interest expenses more than double from €4.2... Read More>>

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]]> https://www.mingtiandi.com/real-estate/outbound-investment/cromwell-ereit-continues-debt-reduction-with-99m-sale-of-italian-office-campus/feed/ 0 Mingtiandi Simon Garing, CEO and executive director of Cromwell EREIT Management China Jumps to Fourth Spot Among Asian REIT Markets as Mainland Listings Grow https://www.mingtiandi.com/real-estate/research-policy/china-jumps-to-fourth-spot-among-asian-reit-markets-as-mainland-listings-grow/ https://www.mingtiandi.com/real-estate/research-policy/china-jumps-to-fourth-spot-among-asian-reit-markets-as-mainland-listings-grow/#respond Tue, 08 Aug 2023 09:51:00 +0000 https://www.mingtiandi.com/?p=355782 Mainland China’s pilot infrastructure REIT program grew by 80 percent in value during 2022, propelling the economic giant to the fourth spot among real estate investment trust markets in Asia as many of the region’s more development markets saw steep... Read More>>

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]]> https://www.mingtiandi.com/real-estate/research-policy/china-jumps-to-fourth-spot-among-asian-reit-markets-as-mainland-listings-grow/feed/ 0 Mingtiandi Andrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman & Wakefield CapitaLand Ascott Trust to Buy Hotels in London, Dublin, Jakarta for $268M https://www.mingtiandi.com/real-estate/outbound-investment/capitaland-ascott-trust-to-buy-three-hotels-for-268m/ https://www.mingtiandi.com/real-estate/outbound-investment/capitaland-ascott-trust-to-buy-three-hotels-for-268m/#respond Wed, 02 Aug 2023 13:28:03 +0000 https://www.mingtiandi.com/?p=355483 Singapore-listed CapitaLand Ascott Trust plans to buy a pair of hotels in Europe and a serviced apartment building in Southeast Asia for a total of S$357.8 million ($267.5 million) as it moves to profit from a global travel rebound.

The... Read More>>

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]]> https://www.mingtiandi.com/real-estate/outbound-investment/capitaland-ascott-trust-to-buy-three-hotels-for-268m/feed/ 0 Mingtiandi Serena Teo, CEO of CapitaLand Ascott Trust's manager CapitaLand’s CICT Books Flat Returns From Expanded Portfolio as Finance Costs Rise https://www.mingtiandi.com/real-estate/finance/capitalands-cict-books-flat-returns-from-expanded-portfolio-as-finance-costs-rise/ https://www.mingtiandi.com/real-estate/finance/capitalands-cict-books-flat-returns-from-expanded-portfolio-as-finance-costs-rise/#respond Tue, 01 Aug 2023 09:18:36 +0000 https://www.mingtiandi.com/?p=355411 Rising interest rates are denting the returns of some of Singapore’s biggest landlords, with CapitaLand Integrated Commercial Trust (CICT) achieving a 1.7 percent uptick in distributable income for the first half of the year as higher financing costs wiped out... Read More>>

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]]> https://www.mingtiandi.com/real-estate/finance/capitalands-cict-books-flat-returns-from-expanded-portfolio-as-finance-costs-rise/feed/ 0 Mingtiandi Tony Tan, CEO of CICT’s manager Keppel DC REIT Reports Flat H1 DPU as Guangdong Data Centres Offset Higher Costs https://www.mingtiandi.com/real-estate/data-centres/keppel-dc-reit-reports-flat-h1-distributions/ https://www.mingtiandi.com/real-estate/data-centres/keppel-dc-reit-reports-flat-h1-distributions/#respond Tue, 25 Jul 2023 14:04:33 +0000 https://www.mingtiandi.com/?p=355211 Keppel DC REIT’s first-half distribution per unit was nearly flat compared with year-earlier levels, as the Singapore-listed data centre trust reported higher income but steeper finance and electricity costs.

DPU stood at S$0.05051 for the first six months of the... Read More>>

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]]> https://www.mingtiandi.com/real-estate/data-centres/keppel-dc-reit-reports-flat-h1-distributions/feed/ 0 Mingtiandi Dasin Retail Trust Scraps Proposed Deal With Mystery Mainland Entity as Restructuring Talks Drag On https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/ https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/#respond Thu, 06 Jul 2023 14:43:51 +0000 https://www.mingtiandi.com/?p=354335 Defaulted mall landlord Dasin Retail Trust notified the Singapore Exchange on Thursday that a proposed memorandum of understanding with a “reputable Chinese entity” has been terminated over concerns about legality and some recent actions taken by Zhang Zhencheng, who together... Read More>>

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]]> https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/feed/ 0 Mingtiandi Xiaolan Metro Mall is the REIT's biggest revenue generator. (Source: Dasin) Former Chair of Dasin Retail Trust Sues to Remove Audit Head https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/ https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/#respond Mon, 29 May 2023 11:45:54 +0000 https://www.mingtiandi.com/?p=352811 One of three brothers controlling the sponsor of Singapore-listed Dasin Retail Trust is taking legal action accusing the head of the REIT’s audit and risk committee of unfair treatment in the latest challenge facing the financially troubled trust.

Zhang Zhencheng,... Read More>>

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]]> https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/feed/ 0 Mingtiandi Tan Huay Lim was previously a partner at KPMG Singapore for more than two decades Manulife US REIT Proposes Fresh Asset Sale as Debt Limit Looms, Mirae Talks Lapse https://www.mingtiandi.com/real-estate/finance/manulife-us-reit-proposes-fresh-asset-sale-as-debt-limit-looms-mirae-talks-lapse/ https://www.mingtiandi.com/real-estate/finance/manulife-us-reit-proposes-fresh-asset-sale-as-debt-limit-looms-mirae-talks-lapse/#respond Wed, 24 May 2023 14:26:09 +0000 https://www.mingtiandi.com/?p=352651 Singapore-listed Manulife US REIT said on Wednesday that it has signed a preliminary deal to sell an Atlanta office asset to its sponsor as its debt level threatens to hit the government’s 50 percent limit.

With the trust’s gearing now... Read More>>

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]]> https://www.mingtiandi.com/real-estate/finance/manulife-us-reit-proposes-fresh-asset-sale-as-debt-limit-looms-mirae-talks-lapse/feed/ 0 Mingtiandi Phipps Tower was valued at $210 million as of end-2022. (Source: MUST)