The year started with a lot of turbulence in the stock market. Banks and Offshore Marine Sector stocks are the most impacted, trading at prices last seen during the Lehman Brothers crisis. Many REITs in my …
Continue readingOUE Hospitality Trust DPU Fall for 4Q2015
OUE Hospitality Trust announces its results for 4Q2015 on 25th January 2016. DPU fell 4.5% to 1.70 cents as compared to 1.78 cents in 4Q2014. Distribution income was $8 million lower than 4Q2014 due to …
Continue readingSMRT Non Fare Business Saved The Day
SMRT announces its 3Q FY2016 results on 25th January 2015. Similar to 2QFY2016, operating expenses increased 2.4% to $303.0 million due to higher repairs and maintenance costs, staff costs, depreciation, and other operating expenses. Fare Business …
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Frasers Commercial Trust DPU Rises for Q1FY16
Frasers Commercial Trust announces it results for first quarter 2016 on 20th January 2016. A higher Distribution Per Unit (DPU) of 2.51 cents was announced which is 2% increase as compared to 2.46 cents in …
Continue readingSoilbuild REIT DPU Increases for 4QFY15
Soilbuild REIT announces its results for 4Q2015 on 21st January 2016. Distribution Per Unit (DPU) increase 1.8% to 1.614 cents as compared to 1.585 cents a year ago. This brought the total DPU for 2015 to …
Continue readingKeppel REIT Annualised DPU Fall for 2015
Keppel REIT announces its results for 4Q2015 on 18th January 2016. Although 4th quarter Distribution Per Unit (DPU) increased 11.26% to 1.68 cents as compared to 1.51 cents for the same period last year, the annualised DPU …
Continue readingKeppel REIT sold Australia Asset 77 King Street
Keppel REIT announces on 17th January 2016 that it has divested 100% of its interest in 77 King Street, Sydney, Australia for A$160 million. The news came one day before Keppel REIT announces its financial results …
Continue readingChief Operating Officer and Chief Financial Officer for Cambridge Industrial Trust Quits
Today, on 15th January 2016, Cambridge Industrial Trust announces the resignation of Mr David Mason who is the Chief Operating Officer and Chief Financial Officer for Cambridge Industrial Trust. He will remain in the company …
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