---
title: S-REITs - Week 37 - 2024
description: Weekly S-REIT updates, featuring key developments in Digital Core REIT, Mapletree Logistics Trust, and Sabana REIT, along with current REIT market trends.
---

[Guiding You On REITs](https://reitsavvy.com/insights)

# [S-REITs - Week 37 - 2024](https://reitsavvy.com/insights/s-reits-week37-2024)

 Written by [REITsavvy Team](https://reitsavvy.com/insights/author/reitsavvy-team) | Sep 15, 2024 2:00:00 AM

Let's have a quick dive into this week REITs update from Digital Core REIT, Mapletree Logistics Trust, Sabana REIT

**S-REITs Recap - Week 37**

**9 Sept - 15 Sept 2024**

| **Digital Core REIT** |
| --- |
| **( YTD: -11.63% \| 5D: -3.39%)** |
| 9 Sept - Proposed Acquisition of an Additional Interest in a Data Centre Located in Germany - Issued a notice pursuant to the Reinstated and Amended Contribution and Sale Agreement (the “Exercise Notice”) that it intends to acquire an interest of between 0.2% and 40.0% in the Frankfurt Facility, in the manner as described in paragraph 3.1 below (the “Proposed Acquisition”). - The Manager will make a subsequent announcement on the actual amount of the interest to be acquired in the Frankfurt Facility, taking into account prevailing market conditions. Based on current market conditions, the Manager expects to acquire an interest of approximately 10.0% in the Frankfurt Facility  For more information, please click [here](https://s28.q4cdn.com/669718746/files/doc_news/2024/09/Digital-Core-REIT-Acquisition-Announcement_9-Sep-2024-FINAL.pdf)   10 - 13 Sept - Continues Share Buy-Back For more information, please click [here](https://www.digitalcorereit.com/newsroom/company-announcements/default.aspx) |

| **Mapletree Logistics Trust** |
| --- |
| **( YTD: -16.67% \| 5D: +3.57%)** |
| 10 Sept - Proposed Divestment Of Three Properties In Malaysia - Entered into separate conditional Sale and Purchase Agreements with third-party buyers for the respective proposed divestments of Linfox, Celestica Hub and Zentraline in Malaysia. - The aggregate sale price of the three divestments is MYR157.5 million, or approximately S$47.7 million. For further information, please click [here](https://www.mapletreelogisticstrust.com/~/media/MLT/Newsroom/Press%20Releases/2024/Sep/20240910-MLT-Linfox%20Zentraline%20Celestica%20Divestment_final.pdf)   12 Sept - Completion Of Divestment Of 119 Neythal Road For further information, please click [here](https://www.mapletreelogisticstrust.com/~/media/MLT/Newsroom/Announcements/2024/Sep/20240912-MLT-Completion%20of%20Divestment%20of%20119%20Neythal_final.pdf) |

| **Sabana REIT** |
| --- |
| **( YTD: -11.11% \| 5D: +2.86%)** |
| 10 Sept - Sabana Industrial REIT Signs Up First Tenant At Sabana@1TA4 - Onboarded a new tenant at [Sabana@1TA4](mailto:Sabana@1TA4) - Occupying approximately 64% of the total lettable area, the tenant will be taking up the annex block comprising a three-storey warehouse, production and ancillary office. - The new tenant, which is one of Singapore’s leading manufacturers of interior products, has a longstanding track record of over 40 years, serving both the public sector and some of the biggest developers in the private residential markets. For further information, please click [here](https://sabana.listedcompany.com/newsroom/20240910_175245_M1GU_4VL0FCW4VOYBIM2H.1.pdf) 11 Sept - Update On Filing Of Originating Claim (Kleio One-Solution) For further information, please click [here](https://sabana.listedcompany.com/newsroom/20240911_180259_M1GU_X08Q8YAYRUS5Z9EA.1.pdf) |

| **Free Upcoming Event!** |
| --- |
| [Click here to register!](https://www.sgxacademy.com/event/webinar-introduction-to-singapore-reits-for-income-seeking-investors-4/) |

| **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** |
| --- |

 

[View full post](https://reitsavvy.com/insights/s-reits-week37-2024)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "REITsavvy Team"
  },
  "dateModified" : "2024-09-15T02:00:00.368Z",
  "datePublished" : "2024-09-15T02:00:00Z",
  "headline" : "S-REITs - Week 37 - 2024",
  "image" : {
    "@type" : "ImageObject",
    "height" : 60,
    "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
    "width" : 60
  },
  "mainEntityOfPage" : "https://reitsavvy.com/insights/s-reits-week37-2024",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Insights | Learn with REITsavvy"
  }
}
```