S-REITs - Week 36 - 2024

( YTD: +3.88% | 5D: +0.94%)

3 Sept - CICT To Acquire A 50.0% Interest In ION Orchard, Singapore's Iconic Premium Destination Mall, For S$1.85 Billion

The agreed property value is within the range of two independent valuations3 of ION Orchard, separately commissioned by the trustee and the manager of CICT (CICTML).

On a pro forma basis, assuming CICT had held and operated ION Orchard from 1 January to 30 June 2024, the distribution per unit (DPU) accretion is expected to be 0.9%

For more information, please click here

( YTD: -12.50% | 5D: +3.70%)

4 Sept - ESR-LOGOS REIT's Inaugural Sustainability-Linked Loan Receives 'Good' Second-Party Opinion From Sustainable Fitch

Sustainable Fitch's SPO affirms that the transaction aligns with the Sustainability-Linked Loan Principles set forth by the Loan Market Association, the Loan Syndicates and Trading Association, and the Asia Pacific Loan Market Association.

The SPO highlights that the transaction is supported by three key performance indicators (“KPIs”): electricity intensity, water intensity, and solar power capacity. These KPIs are considered by Sustainable Fitch to be both measurable and material to E-LOG's business operations.

For further information, please click here

( YTD: -8.53% | 5D: -3.28%)

4 -5 Sept - Continues Daily Share Buy-back

For further information, please click here

Click here to register!