S-REITs - Week 22 - 2024

Halt Dividend since 20 Mar 2023

UP TO IDR2,500,000,000,000 NEW SECURED AMORTISING TERM LOAN FACILITY 

• Lhas obtained a new secured amortising term loan facility of up to IDR2,500,000,000,000 (equivalent to SGD209,450,0001) with an average life of approximately 8 years based on terms and conditions set out in a facility agreement dated 28 May 2024

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( YTD: -5.26% | 5D: +1.89%)

OUE REIT Announces its First Interest Rate Swap with Carbon Credit

• OUE REIT has successfully completed a transaction with OCBC that comprises an interest rate swap with a set of voluntary carbon credits.
  
  
• This transaction is the first of its kind for OUE REIT.

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( YTD: -22.29% | 5D: -1.61% )

MPACT Announces Divestment of Mapletree Anson, Expects Net Gain and Strengthened Capital Structure

• Divestment expected to be DPU-accretive on pro forma basis
  
  
• Net divestment proceeds intended to be allocated towards debt reduction
  
  
• Lowers aggregate leverage and enhances adjusted interest coverage ratio on pro forma basis
  
  
• Singapore remains cornerstone of MPACT’s long-term investment objectives, accounting for more than 50% of the portfolio

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