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.
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.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
These are Singapore companies which may be in focus on Tuesday, 25 June 2019: City Developments, Wilmar, CRCT and Sim Leisure.
City Developments said Monday it increased its stake in IREIT Global to 12.486 percent after acquiring another 640,045 units.
These are Singapore companies which may be in focus on Tuesday, 30 April 2019: Keppel, Yangzijiang, Ascendas REIT and Manulife US REIT.
City Developments said Tuesday it acquired a 12.4% stake in IREIT Global for around S$59.4M and a 50% stake in the REIT’s manager for around S$18.4M.