S-REITs - Week 48 - 2023

( YTD: -80.67% )

*Action required by unit holders*

Voting is Required for the "Recapitalisation Plan"

Unit holders must vote to approve the three resolutions necessary for the manager to implement the "Recapitalisation Plan."

Read more from our article here to better understand the choice.

https://reitsavvy.com/insights/qna-with-manulife-recapitalisation-plan

For further official information, please click here

Completed the acquisition of  TEMPLE BAR HOTEL in LONDON and Ascott Kuningan in JAKARTA

For further information, please click here

Share Buy-Back

ESR-Logos executed a Share Buy-Back on 28 and 30 Nov 2023.

For further information, please click here

( YTD: +8.47% )

Priced $90million Bonds under $2billion multi-currency debt issuance program

Keppel DC REIT MTNhas priced S$90,000,000 in aggregate principal amount of floating rate notes due 2026 (the “Series 005 Notes”). The Series 005 Notes will be issued under the S$2,000,000,000 Multicurrency Debt Issuance Programme established by the Issuer (the “Programme”) and will be unconditionally and irrevocably guaranteed by the Trustee

For further information, please click here

( YTD: +10.00% )

Share Buy-Back

Digital Core REIT executed a Share Buy-Back on 27 Nov to 1 Dec 2023.

For further information, please click here

( YTD: -8.33% )

Renewal of Master Lease with Toshin Development Singapore

> New master lease agreement for 12 years with option to renew for up to additional 9 years.

> Provides long term income stability while participating in any upside with a new profit-sharing agreement.

For further information, please click here

Listen to Kenny's Previous Podcast on Money FM 89.3 on 8 Nov 2023. The upcoming session will be on 5th Dec 202, 10 am.