Reits & Property

The Reit may look at Centurion Corporation’s development assets, including the upcoming Kranji Close dormitory

Hospitality trust’s H1 distributable income dips 35.8% to US$1.8 million; distribution suspended until H2 2028

The deal is expected to increase the trust’s pro forma distribution per stapled security by 2.4%

Its distributable income is up 8.6% at S$359.4 million on acquisitions and existing properties’ performance

Its net property income stands at S$78.4 million, up 4.3% from its forecast

This will add 205 MW of solar energy capacity to its existing portfolio

Net property income is down 2% year on year at S$72.4 million

Distributable income is up 40% year on year at S$61.7 million

Deal will increase committed occupancy at The Westpark Portfolio from 73% to 77.1%