Guiding You On REITs

S-REITs - Week 22 - 2024

Written by REITsavvy Team | Jun 2, 2024 2:00:00 AM

Let's have a quick dive into this week REITs update from Lippo Mall Indonesia Retail Trust, OUE REIT, Mapletree Pan Asia Commercial

S-REITs Recap - Week 22

27 May - 2 Jun 2024

Lippo Mall Indonesia Retail Trust

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

For more update information, please click here

OUE REIT

( 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.

For further information, please click here

Mapletree Pan Asia Commercial

( 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

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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