--- title: S-REITs - Week 14 - 2024 description: Stay updated with the latest S-REIT news from Keppel REIT, Digital Core REIT, and Sabana REIT in Week 14 of 2024. Get insights on acquisitions, performance, and market trends. --- [Skip to content](https://reitsavvy.com/insights/s-reits-week14-2024#main-content) [![op can-4](https://reitsavvy.com/hs-fs/hubfs/op%20can-4.png?width=7114&height=2442&name=op%20can-4.png)](https://reitsavvy.com/) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) [S-REIT Weekly Recap](https://reitsavvy.com/insights/tag/s-reit-weekly-recap), [2024](https://reitsavvy.com/insights/tag/2024) # S-REITs - Week 14 - 2024 [By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team) ![Weekly_Banner](https://reitsavvy.com/hs-fs/hubfs/Others/Generic/Weekly_Banner.png?width=762&height=278&name=Weekly_Banner.png) Let's have a quick dive into this week REITs update from Keppel REIT, Digital Core REIT, Sabana REIT. **S-REITs Recap - Week 14** **1 Apr - 7 Apr 2024** | **Keppel REIT** | | --- | | **( YTD: -4.30% \| 5D: +2.30%)** | | Keppel REIT to acquire 50% interest in Sydney freehold Grade A office building for A$363.8 million - Accretive acquisition of 255 George Street, an iconic prime building located in Sydney CBD’s highly sought after Core Precinct with high occupancy rate, long weighted average lease expiry (WALE) and excellent ESG credentials - The acquisition will improve DPU by 1.4% on a pro forma basis For further information, please click [here](https://www.keppelreit.com/news_item.aspx?sid=64&aid=19097&title=keppel-reit-to-acquire-50-interest-in-sydney-freehold-grade-a-office-building-for-a3638-million) | | **Digital Core REIT** | | --- | | **( YTD: -6.20% \| 5D: +0.83% )** | | Acquisition of an additional 10.0% interest in a data centre located in Osaka, Japan The purchase consideration for the 10.0% interest in the Osaka data centre is JPY 7,725 million (approximately US$51.5 million), based on the agreed value of the Osaka data centre of JPY 77,250 million (at 100% share), and takes into account the estimated net assets and liabilities of Digital Osaka 2 TMK as at the date of closing (subject to closing adjustments), including the onshore JPY bonds issued by Digital Osaka 2 TMK of JPY 18,000 million (at 100% share). The agreed value of the Osaka data centre was negotiated on a willing-buyer and willing- seller basis and takes into account the historical cashflow, rental rates and underlying customer base of the Osaka data centre and current market conditions. For further information, please click [here](https://s28.q4cdn.com/669718746/files/doc_news/2024/04/Digital-Core-REIT-Osaka-2-0-Acquisition-Announcement-FINAL_ii-1.pdf) | | **Sabana REIT** | | --- | | **( YTD: -11.11% \| 5D: +0.00% )** | | Receipt Of Statement From Quarz Capital For further information, please click [here](https://sabana.listedcompany.com/newsroom/20240405_172217_M1GU_3KH2KHQ0G9B7Q70K.1.pdf) | | **STI Index constituents** | | --- | | **REITs in STI** | | Frasers Centrepoint Trust 18 Mar 2024 | | 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 is 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.   ![op can-4](https://reitsavvy.com/hubfs/op%20can-4.png) **[Insights](https://reitsavvy.com/insights)** **[REITs Screener](https://screener.reitsavvy.com/)** Unless otherwise specified, all return figures shown above are for illustrative purposes only, are not actual customer or model returns and are not indicative of future performance or results. 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