---
title: S-REITs - Week 50 - 2024
description: Stay updated with the latest developments in Singapore REITs, including market movements, lease renewals, and investment activities for Week 50 of 2024.
---

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

# [S-REITs - Week 50 - 2024](https://reitsavvy.com/insights/s-reits-week50-2024)

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

Let's have a quick dive into this week REITs update from Landlease Global Commercial REIT, Keppel REIT, Keppel DC REIT, AIMS APAC REIT 

**S-REITs Recap - Week 50**

** 9 Dec - 15 Dec 2024**

| **Lendlease Global Commercial REIT** |
| --- |
| **( YTD: -13.95% \| 5D: -0.89%)** |
|  10 Dec - Update of the S$1,000,000,000 Multicurrency Debt Issuance Programme - DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited are the joint arrangers and dealers of the Updated Programme. - In connection with the Update, the Issuer has, inter alia, (i) entered into a supplemental trust deed dated 10 December 2024 with The Bank of New York Mellon, London Branch (the "Trustee") to amend the trust deed dated 8 February 2021 (as supplemented by the deed of resignation and substitution dated 18 July 2022 made between, inter alios, the Issuer and the Trustee) relating to the Programme (the "Trust Deed"), and (ii) issued an offering circular dated 10 December 2024 relating to the Updated Programme (the "Updated Offering Circular") which supersedes the offering circular dated 8 January 2021 in relation to the Programme. For more information, please click [here](https://www.lendleaseglobalcommercialreit.com/siteassets/investor-centre/newsroom/announcements/2024/12/2024.12.10-mtn-update-announcement.pdf) |

| ** Keppel REIT** |
| --- |
| **( YTD: -8.06% \| 5D: -0.56%)** |
| 10 Dec - Lease Renewal with DBS Bank Ltd at Marina Bay Financial Centre, Singapore - Under this lease renewal, DBS will continue their lease for a 6-year lease term commencing 22 December 2024. For further information, please click [here](https://wpcms.kepcorp.com/wm/cms-site/kpl/file/media/2024/Dec/10-dec-kreit/lease-renewal-with-dbs-bank-ltd-at-marina-bay-financial-centre-singapore.pdf) |

| **Keppel DC REIT** |
| --- |
| **( YTD: +13.33% \| 5D: +0.45%)** |
| 12 Dec - Results of the Preferential Offering - The Preferential Offering was approximately 159.9% subscribed For further information, please click [here](https://wpcms.kepcorp.com/wm/cms-site/kpl/file/media/2024/Dec/12-dec-kdcreit/keppel-dc-reit-results-of-po-announcement.pdf) |

| **AIMS APAC REIT** |
| --- |
| **( YTD: -4.62% \| 5D: -1.59%)** |
| 10 Dec -  Divest 3 Toh Tuck Link In Singapore For S$24.388 Million, Representing A 32.5% Premium To Valuation - AA REIT has entered into a Sales and Purchase Agreement with Crown Worldwide Pte Ltd - The sale price of S$24.388 million represents a 32.5% premium to the Property’s valuation of S$18.4 million as at 31 March 2024 For further information, please click [here](https://investor.aimsapacreit.com/newsroom/20241210_182516_O5RU_CKJHCC5LVATM4A8L.1.pdf) |

| **Singapore REITs Monthly Update (Nov 2024)** |
| --- |
|   **Technical Analysis of FTSE ST REIT Index (FSTAS351020)** FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 649.94 to 642.87 (-1.09%) compared to [last month's update](https://reitsavvy.com/insights/singapore-reits-monthly-update-09-november-2024). Singapore REITs index is currently trading near the support level of a wedge pattern. •    Short-term direction: Sideways•    Medium-term direction: Sideways •    Long-term direction: Sideways •    Immediate Support: Blue Support Line (Wedge) •    Immediate Resistance: Red resistance line (Wedge) Want to read more with charts? Please click [here](https://reitsavvy.com/insights/singapore-reits-monthly-update-08-december-2024) |

| **Upcoming Event** |
| --- |
|   <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** |
| --- |

 

[View full post](https://reitsavvy.com/insights/s-reits-week50-2024)

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