Keppel Pacific Oak US REIT to acquire Nashville, Denver properties for US$105.1M
KORE plans to acquire two office buildings — Bridge Crossing in Nashville and 105 Edgeview in Colorado — for a total of US$105.1M.
Parkway Life REIT posts 2Q21 net property income slipped
Parkway Life REIT said its 2Q21 net property income fell 2.8% on-year to S$27.42M on a Japan property divestment and the yen’s depreciation.
Singapore debt listings Tuesday: Sosei Group
These are entities which announced debt listing confirmations on SGX on Tuesday, 27 July 2021: Sosei Group.
Keppel Capital lands US$600M of infrastructure-focused SMAs
Keppel Capital secured US$600M of separate managed accounts from international financial institutions, Keppel’s asset management arm said.
Mapletree Industrial Trust posts fiscal 1Q net property income climbed 33 percent
Mapletree Industrial said Tuesday its fiscal 1Q net profit climbed 33.1% YoY to S$104.72M, mainly on the purchase of 14 U.S. data centers.
Singapore share buybacks Tuesday: The Hour Glass
These are Singapore companies which announced share buybacks on Thursday, 27 July 2021: The Hour Glass.
GIC to acquire stake in Starbucks Coffee Korea
Singapore’s sovereign wealth fund GIC will acquire a 32.5% stake in Starbucks Coffee Korea from Starbucks Coffee, the company said Monday.
GIC to invest US$240M in geothermal energy player Arctic Green Energy
Singapore’s sovereign wealth fund GIC will commit US$240M to Arctic Green Energy to support the geothermal energy player’s expansion.
Keppel DC REIT upgraded to Buy by DBS on China acquisition
DBS upgraded Keppel DC REIT to Buy from Hold, citing “surprise acquisitions” after the REIT announced it would buy Guangdong Data Centre.
Temasek prices US$2.5 billion in bonds
Temasek priced US$2.5 billion in notes across 10-year, 20-year and 40-year tranches, Singapore’s state-owned investment company said Tuesday.
UPDATE: Singapore stocks to watch Tuesday: CDLHT, Keppel DC REIT, KORE, LMIRT, MNACT, ST Engineering, SATS
Singapore companies which may be in focus on Tuesday, 27 July 2021: CDL Hospitality Trusts, Keppel DC REIT, KORE, LMIRT and ST Engineering.
Ascott Residence Trust posts 1H21 DPS nearly doubled even as gross profit fell 7 percent
Ascott Residence Trust said Tuesday DPS rose 95% on-year on divestments and termination-fee income. The results missed Daiwa’s forecast.
UPDATE: Keppel Pacific Oak US REIT posts 2Q21 net property income slipped
KORE reported Monday its 2Q21 net property income slipped 3.3 percent on-year to US$20.23M, while gross revenue declined 3.9 percent on-year.
CDL Hospitality Trusts to expand mandate to include alternative accommodation assets
CDL Hospitality Trusts will expand its strategy to include alternative accommodation, such as rental housing, co-living, student accommodation and senior housing.
Keppel DC REIT to acquire first China data center for S$132M
Keppel DC REIT entered a deal to acquire Guangdong Data Centre for S$132M from Guangdong Bluesea Data Development (Bluesea).
Temasek to launch 10-year, 20-year and 40-year bond offerings
Temasek plans to launch a three-tranche offering of 10-year, 20-year and 40-year U.S. dollar bonds, the state-owned investment company said Monday.
LMIR Trust posts 2Q21 net property income more than doubled
Lippo Malls Indonesia Retail Trust said Monday its 2Q21 net property income more than doubled amid lower rental and service-charge discounts.
Mapletree North Asia Commercial posts fiscal 1Q net property income rose 14 percent
Mapletree North Asia Commercial Trust said Monday fiscal 1Q net property income rose 14.3% on-year on lower rental relief at Festival Walk.
Singapore debt listings Monday: Powerlong Real Estate, FLCT Treasury, RKPF Overseas 2020 (A)
Entities which announced debt listing confirmations Monday, 26 July 2021: Powerlong Real Estate, FLCT Treasury and RKPF Overseas 2020 (A).
UPDATE: Singapore stock briefs Monday: Olam, SIA Eng, iFAST, Mapletree Commercial, Y Ventures, Far East Group
Singapore stock briefs for Monday, 26 July 2021: Olam, SIA Engineering, iFAST, Mapletree Commercial Trust, Far East Group and Y Ventures.