Skip to content
menu-toggle
menu-close
menu-toggle
menu-close

Weekly_Banner

Lets have a quick dive into this week REITs update from Elite Commercial REIT, Digital CORE REIT, Fraser Centrepoint Trust.

S-REITs Recap - Week 10

4 Mar - 10 Mar 2024

Elite Commercial REIT

( YTD: -17.86% )

Elite Commercial REIT secures up to £135 million of debt for refinancing.

  • New lending relationships established to diversify sources of borrowing

  • Net gearing ratio1 remains stable at 40.9% with ample debt headroom of £55.9 million

  • Strong interest coverage ratio of 3.1 times3 as at end-2023

  • Elite REIT’s credit is supported by its government-backed tenancies

For further information, please click here

Digital CORE REIT

( YTD: -6.98% )

Proposed acquisition of a 24.9% interest in a data centre located in Germany

  • Digital Core Reit is considering acquiring an additional 24.9 percent stake in a data center located in Germany, thereby increasing its ownership to 49.9 percent.

For further information, please click here

Fraser Centrepoint Trust

( YTD: -2.65%  )

[Presentation] Frasers Centrepoint Trust to acquire additional 24.5% effective interest in NEX for S$523.1 million

  • Raises FCT’s effective interest in NEX to 50.0% from 25.5% currently

  • NEX is an excellent asset and is well-positioned to grow through a combination of asset enhancement initiatives (“AEI”), tenant remix strategy and rent improvement

  • Further strengthens FCT’s leading position in the Singapore prime suburban retail market

  • The Acquisition is expected to be distribution per unit (“DPU”) accretive on a pro forma historical basis

For further information, please click here

Exclusive REITsavvy Tool

Save your valuable time and effort sifting through extensive data to uncover hidden gems with our cutting-edge REITscreener tool, all at a price that's a fraction of your yearly Starbucks budget.

Exciting Announcement!

In celebration of International Women's Day this March, we're offering an extra 10% discount on top of the current annual subscription of 10%. This additional 10% discount is exclusively available until March 31, 2024.  

Do remember to Enter the Promo Code "REITsavvy" at checkout:

Click here to be a successful REIT investor in 2024!

RS Screener Overview

 

STI Index constituents
REITs in STI
(NEW! starting 18 Mar'24)
Frasers Centrepoint Trust
CapitaLand Ascendas REIT
CapitaLand Integrated Commercial Trust 
Frasers Logistics & Commercial Trust
Mapletree Industrial Trust
Mapletree Logistics Trust
Mapletree Pan Asia Commercial Trust
 
REITs in STI Reserve List
Keppel DC REIT
Keppel REIT
Suntec REIT
REITracker Highlights
REIT Name Status
Keppel Pacific Oak US REIT Halt Dividend since 14 Feb 2024
Manulife US REIT Halt Dividend since 14 Aug 2023
Sabana REIT Proposed Internalization in progress since 17 Aug 2023
Lippo Malls Indonesia Retail Trust Halt Dividend since 20 Mar 2023
EC World REIT Halt Trading since 31 March 2023
Eagle Hospitality Trust Halt Trading since 24 March 2020
Exclusive REITsavvy Newsletter
Gain financial insights on REITs in minutes

The newsletter that keeps you up-to-date on REITs in minutes.