Starhill Global REIT said Tuesday it submitted a non-binding expression of interest to Isetan Singapore for the potential purchase of its Wisma Atria stake.
Starhill Global REIT is seeking to buy Isetan Singapore’s stake in Wisma Atria for more than S$290.7M, the Business Times reported, citing an unnamed source.
S&P downgraded Starhill Global REIT to BBB from BBB-plus Thursday as the REIT faces pressure from rent reversions in its key Singapore assets.
Singapore companies which may be in focus on Thursday, 29 August 2019: OUE, Citic Envirotech, CRCT, Silverlake Axis and Starhill Global REIT.
Starhill Global REIT reported Tuesday its fiscal fourth quarter net property income slipped 0.4 percent on-year. The results missed a forecast from Daiwa.
These are Singapore companies which may be in focus on Monday, 10 June 2019: City Developments, Singapore Airlines, Oxley and SPH.
Starhill Global REIT reported Thursday its fiscal third quarter net property income slipped 1.8 percent on-year to S$39.6 million, missing a Daiwa forecast.
These are Singapore companies which may be in focus on Wednesday, 20 March 2019: Singapore Airlines, Oxley, Thai Beverage and Starhill Global REIT.
S&P revised Starhill Global REIT’s ratings outlook to negative Tuesday on the expectation its leverage will be stretched over the next 18 to 24 months.
These are Singapore companies which may be in focus on Tuesday, 19 March 2019: Hyflux, M1, Starhill Global REIT and Mapletree Industrial Trust.
Starhill Global REIT said Monday it entered into new master tenancy agreements for the Starhill Gallery and Lot 10 properties in Malaysia.
These Singapore companies may be in focus on Thursday, 14 March 2019: China Jinjiang Environment, Yanlord, Starhill Global REIT and Reclaims Global.
These are Singapore stocks which may in focus on Friday, 1 February 2019: CRCT, ThaiBev, Cromwell European REIT, GuocoLand, Starhill Global REIT and Genting Singapore.
These are Singapore stocks which may be in focus on Wednesday, 30 January 2019: Starhill Global REIT Starhill Global REIT reported net property income for…
Starhill Global REIT reported net property income for its fiscal second quarter fell 2.4 percent on-year to S$39.5 million as higher contributions from the Singapore…
Singapore Exchange Singapore Exchange’s fiscal fourth quarter net profit slipped 1.8 percent on-year to S$83.67 million as higher expenses and taxes offset a 2.5 percent…
Starhill Global REIT reported that its fiscal fourth quarter net property income slipped 3.3 percent on-year to S$40.0 million amid a weaker contribution from its…
Daiwa cut its estimates for Starhill Global REIT on expectations its payouts will decline as capex requirements at its properties are set to increase. But…
Singapore’s shares may being trade on Wednesday on a negative note, amid a middling lead from Wall Street and as geopolitical tensions may spike after…