S-REITs - Week 15

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Let's have a quick dive into this week REITs update from ESR-LOGOS, Sabana REIT

S-REITs Recap - Week 15

8 Apr - 14 Apr 2024

ESR-LOGOS REIT

( YTD: -4.69% | 5D: +5.17%)

Divestment of 182-198 maidstone street in Australia at 7.4% premium to valuation

The Sale Consideration represents a 7.4% premium to the valuation of the Property of A$61.0 million.
The Divestment is not expected to have a material impact on E-LOG’s net asset value and distribution per unit for the financial year ending 31 December 2024.
The net proceeds from the Divestment will be deployed to repay outstanding borrowings, finance potential acquisitions, asset enhancements initiatives and redevelopments and/or fund general working capital requirements.

For further information, please click here

Sabana REIT

( YTD: -9.88% | 5D: +1.39% )

8 Apr - Receipt Of Letter From ESR Group

9 Apr - Receipt Of Trustee's Statement Dated 9 April 2024

11 Apr - Receipt Of Letter From Unitholders Dated 5 April 2024

Internalization is in progress since 17 Aug 2023...

For further information, please click here

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

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S-REITs - Week 15 - 2024