Suntec REIT
Suntec Real Estate Investment Trust ("Suntec REIT") is the first composite REIT in Singapore, owning real estate that is primarily used for office and/or retail purposes.
See below for the Latest Suntec REIT News, Analysis, Profit Results, Share Price Information, and Commentary.
Tang Organization takes over Suntec REIT manager in 100% stake deal
Tang Organization takes over Suntec REIT manager in 100% stake deal
Acrophyte Asset Management completes the buyout of ESR Trust Management.
Suntec REIT DPU hits $0.07, up 13.6% YoY in 2025
This was driven by stronger Singapore operations and lower financing costs.
Acrophyte to acquire ESR’s Suntec REIT management stake
Deal aims to deliver sustainable growth for unitholders.
Suntec REIT prices $250m subordinated perpetual securities at 4.48%
Proceeds will be used to repay existing borrowings.
Suntec REIT’s DPU up 3.4% YoY in Q1
Distributable income rose 4.3% QoQ to $45.9m.
Aelios lowers Suntec REIT offer price after Q4 2024 distribution
The offer price will be reduced from $1.19 to $1.1743 per unit.
Suntec, Keppel, OUE REITs report strong office occupancy in 2024
Return-to-office and demand for subdivided space lifted OUE REIT’s portfolio reversion.
Suntec REIT’s distributable income decreases by 1.6% in 2024
DPU from operations to unitholders was 6.192 cents.
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Amongst the assets with lower contributions was the Suntec Convention.
Suntec REIT’s H1 distributable income is $88.7m; DPU is 3.042 cents
Higher costs and vacancies in its Australia and UK properties weighed on income.
Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226
The REIT recorded a lower DPU and a higher revenue for Q1 2O24.
Suntec REIT's distributable income dips 1.1% YoY in 1Q24
With lower income, the REIT also reported a 1.8% dip in DPU.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
Suntec REIT announces board committee changes
Changes are effective from 13 March.
Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23
Given the decline, the REIT proposed a 14.0% YoY lower DPU.
Keppel REIT bumps off Olam Group in STI reserve list
STI constituents, on the other hand, were unchanged.
Which 20 Singapore stocks booked the most net retail inflow in 1H23?
Net retail inflow booked by SG stocks in 1H23 hit $1.49b.
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