Markets & Investing
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
SGX issues $300m notes due 2027
These notes are priced at 3.45%, payable semi-annually.
Keppel Pacific Oak US REIT’s distributable income falls 10.1% YoY to US$26.1m in FY23
The REIT attributed the decline to higher financing costs.
CapitaLand Investment establishes new lodging private fund
The fund has a target equity size of $800m.
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
With improved NPI, the REIT recorded a full-year DPS of $0.0409.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.
Government Land Sales poised to boost 2024 property investment market
An expert forecasts investment sales to increase to $25b-$28b this year.
Digital Core REIT issues new units under private placement at US$0.6250 each
It will issue 192,000,000 new units.
Manulife US REIT posts 15.5% YoY lower distributable income of US$74.3m in FY23
The REIT attributed the decrease to lower rental and recoveries income.
Look: 40 undervalued, high ROE stocks right now on the SGX
Singapore Airlines was the most traded stock of the bunch.
Digital Core REIT plans to raise $100m through private placement
The REIT will use 75% of the proceeds for future potential acquisitions in Japan and Frankfurt, Germany.
Active, Japan-focused ETF debuts on SGX
The ETF has current assets under management of $48m.
Netlink NBN Trust records a 4.0% YoY higher profit of $85.1m in 9M24
The REIT attributed its improved profit to higher revenue.
Investors shift focus to early-stage and AI-focused fintech firms
In 2H23, AI fintech funding in Singapore soared to US$333.13m.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Read Here
Advertise
Sign Up
![[Singapore Business Review] Report on the Asian Business Channel](https://www.cmgassets.com/s3fs-public/styles/video_thumbnail/public/2026-10/full-show-thumbnail_1.png.webp?VersionId=bJbrT_JKOuMWBnf7YkmsWjOSWIXddSvY&itok=zWuxHRNG)
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape