---
title: S-REITs - Week 49 - 2024
description: Weekly update on key S-REITs including Keppel Pacific Oak US REIT, Sasseur REIT, Digital CORE REIT, Suntec REIT, and IREIT Global. Key financial moves and upcoming events summarized.
---

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[S-REIT Weekly Recap](https://reitsavvy.com/insights/tag/s-reit-weekly-recap), [2024](https://reitsavvy.com/insights/tag/2024)

# S-REITs - Week 49 - 2024

[By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team)

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Let's have a quick dive into this week REITs update from Keppel Pacific Oak US REIT, Sasseur REIT, Digital CORE REIT, Suntec REIT, IREIT Global

**S-REITs Recap - Week 49**

** 2 Dec - 8 Dec 2024**

| **Keppel Pacific Oak US REIT** |
| --- |
| **( YTD: -37.33% \| 5D: +6.82%)** |
|  4 Dec - Loan Facilities obtained by Keppel Pacific Oak US REIT - Secured a $50 million term loan under a facility agreement, which includes a clause requiring prepayment within 10 business days if there is a change in management or if certain stakeholders no longer retain full ownership of the manager. For more information, please click [here](https://wpcms.kepcorp.com/wm/cms-site/kpl/file/media/2024/Dec/04-dec-kore/kore-sgx-announcement.pdf) |

| ** Sasseur REIT** |
| --- |
| **( YTD: +1.46% \| 5D: -0.71%)** |
| 5 Dec - Entry Into Supplementary Sponsor Loan Agreement - Supplementary Sponsor Loan Agreement, it was agreed that: 1. The maturity of the Sponsor Loan will be extended for five (5) years from March 2025 to March 2030; and 2. The annual interest rate of the Sponsor Loan is not a fixed rate and will instead be a floating interest rate with reference to China’s 5-year Loan Prime Rate (“LPR”). The 5-year LPR is currently 3.6% per annum. For further information, please click [here](https://investor.sasseurreit.com/newsroom/20241205_203351_CRPU_HMOYLPLIYFSBT4UN.1.pdf) |

| **Digital CORE REIT** |
| --- |
| **( YTD: -8.53% \| 5D: -4.07%)** |
| 3 Dec - Continues Share Buy-Back For further information, please click [here](https://s28.q4cdn.com/669718746/files/doc_news/2024/12/Share-Buy-Back-Daily-Share-Buy-Back-3-Dec-2024.pdf) 6 Dec - Completion of the Acquisition of a 15.1% Interest in the Frankfurt Facility For further information, please click [here](https://s28.q4cdn.com/669718746/files/doc_news/2024/12/Digital-Core-REIT-Acquisition-Completion-Announcement-FINAL.pdf) |

| **Suntec REIT** |
| --- |
| **( YTD: +0% \| 5D: +7.89%)** |
| 6 Dec -  Mandatory Conditional Cash offer by United Overseas Bank Limited and DBS Bank Ltd., for and on behalf of Aelios Pte. Ltd. - Distribution Type: Cash - Offer Price: $1.16 - 6 Dec Close Price: $1.23 For further information, please click [here](https://suntecreit.listedcompany.com/news.html/id/2522361) |

| **IREIT Global** |
| --- |
| **( YTD: -29.63% \| 5D: +1.79%)** |
| 5 Dec -  IREIT Sets Up Green Financing Framework To Further Advance Its Sustainability Commitments And Priorities - IREIT’s Framework has been assessed by S&P Global Ratings to be aligned with the Green Bond Principles and Green Loan Principles - Framework serves as a guideline on how IREIT intends to enter into green finance transactions - Manager targeting to pursue green certifications for B&M retail portfolio in France, repositioning of Berlin Campus, and have 100% of IREIT’s portfolio assets green certified For further information, please click [here](https://investor.ireitglobal.com/newsroom/IREIT_Sets_Up_Green_Financing_Framework_Press_Release.pdf) |

| **Upcoming Event** |
| --- |
|   [![8-Jan-REIT-Market-Outlook-P_Revised](https://reitsavvy.com/hs-fs/hubfs/Others/2024/SGX%20Event%20-%208%20Jan%202025%20Poster/8-Jan-REIT-Market-Outlook-P_Revised.jpg?width=1654&height=3859&name=8-Jan-REIT-Market-Outlook-P_Revised.jpg)](https://www.sgxacademy.com/event/singapore-reits-outlook-whats-ahead-for-2025/?doing_wp_cron=1733555524.0291481018066406250000)   |

| **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** |
| --- |

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