by Amruth Sundarkumar | Jul 22, 2021 | Singapore Dollar Bonds
Singapore’s Suntec REIT posted a 26% rise in distribution per unit (DPU) to S$ 0.415 ($0.3) in H1 with its distributable income rising to S$118.2mn ($87mn), a 14.6% YoY increase and net property income growing 24% to S$113mn ($83mn). The REIT said that the strong...
by Amruth Sundarkumar | Jul 1, 2021 | Singapore Dollar Bonds
Singapore’s Suntec Real Estate Investment Trust (REIT) is set to divest its portfolio of strata units at Suntec City Office for S$197mn ($146.3mn) and acquire a 100% interest in a ”The Minster Building” in the City of London for £353mn ($487.6mn). The divestment...
by bondevalue | Apr 26, 2021 | Singapore Dollar Bonds
Capitaland Integrated Commercial Trust (CICT) reported a net property income (NPI) increase of 66% YoY to S$247mn ($186mn) and gross revenues of S$334.8mn ($253mn), up 64% YoY. The increase in revenues and NPI were mainly due to ‘higher integrated development...
