These are stock news briefs for Wednesday, 21 July 2020: CapitaLand, Prime US REIT, IREIT Global and ARA LOGOS Trust.
IREIT Global’s preferential offering of new units was 151 percent subscribed amid strong demand for the 201.14 million new units available.
BlackRock secured more than US$250M in commitments from 10 institutional investors, governments and philanthropies for the Climate Finance Partnership.
GIC plans to invest around US$1B to acquire a minority stake in Biomat USA, a U.S. subsidiary of Spanish pharmaceutical company Grifols.
IREIT launched an equity fund-raising to raise around S$126.7M to partially finance the S$195.7M acquisition of 27 properties in France.
Cromwell European REIT has entered a deal to divest a French asset for 5.8 million euros, or around S$9.3 million.
These are companies which may be in focus on Thursday, 5 Dec. 2019: Mapletree North Asia Commercial Trust, Keppel REIT, Sembcorp, F&N, SGX and Eagle H-Trust.
These are Singapore companies which may be in focus on Tuesday, 3 December 2019: FCOT, FLT, UOB, Ascendas REIT, Mapletree Commercial Trust and Temasek.
These are Singapore companies which may be in focus on Monday, 2 Dec. 2019: ThaiBev, Lendlease Global Commercial REIT, DBS, Temasek, OCBC and No Signboard.
Frasers Logistics & Industrial Trust and Frasers Commercial Trust announced Monday they plan to merge, creating a diversified S$5.7 billion portfolio.
These are Singapore companies which may be in focus on Friday, 29 November 2019: SGX, Lendlease Global REIT, Accordia Golf Trust and Eagle Hospitality Trust.
Cromwell European REIT said Friday it entered a deal to acquire an office property in Agrate, Italy, from C3 Investment Fund – FIA for EUR17.7M.
These are Singapore companies which may be in focus on Thursday, 28 November 2019: SGX, F&N, MoneyMax, Venture, SPH REIT and Hiap Seng.
SPH said Thursday it entered a deal to acquire a German student accommodation property from Liberty Living (Galileo Residenz) for 15.56 million euros.
Cromwell European REIT reported Tuesday its 3Q19 net property income climbed 32.3 percent on-year to EUR28.45M on contributions from new office properties.
Frasers Logistics & Industrial Trust reported Wednesday fiscal 4Q net property income rose 0.6% on-year to A$50.49M on contributions from acquisitions.
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
DBS Bank Chief Investment Officer Hou Wey Fook said Thursday he’s making a “bold call” on where to look for income: European oil majors.
These are Singapore companies which may be in focus on Wednesday, 25 September 2019: Thai Beverage, Keppel, Sembcorp Industries and Jardine C&C.