Paragon, one of the key malls that's part of SPH REIT's portfolio. To put that amount in perspective, SPH is currently trading at S$1. 602 in cash and 0. MT. Date &Time of Broadcast. Securities Act of 1933, as amended (the "U. 798(1) Being the value of 0. 400 for each SPH Share1 “Cuscaden Composite Document”: The document dated 28 February 2022. Distributed by Public, unedited and unaltered, on 25 April 2022 03:18:03 UTC. SGD 0. CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee have reiterated “add” with an unchanged target price of $1. And since they are holding 70% of SPH REIT they have a. Announcement Title. Cromwell Reit EUR: EUR REIT that looks promising 19790: 76 - 22-Nov 19:02: Sarine Tech: Sarine Tech 120775: 506: 22-Nov 18:27: Prime US ReitUSD: Prime US Reit SGX debut 19 JUL 2019 77661: 363 - 22-Nov 18:12: ManulifeReit USD: Manulife US REIT IPO 268269: 1620: 22-Nov 18:11: SMI Vantage: BTC is above 29k today 20/10/2023 39683: 931: 22. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. Disclosure Of Interest/ Changes In Interest Of Trustee-Manager/ Responsible Person - Disclosure Of Interest/Changes In Interest Of The Manager Of SPH REIT. It is also 2. SPH REIT Management Pte. 97 dated December 1, 2022. LTD. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. SPH REIT announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. The Reit has $1. 28 Jan 2021. SPH REIT is trading at ~6% DPU yield, below its 5-year mean of 5. The move will serve to "strengthen the offerings of SPH Media and, in particular, that of The Business Times", the group said in a media release on Wednesday (Nov 1). CUSCADEN Peak will offer to acquire SPH Reit : SK6U 0% at S$0. S. Data from SPH REIT’s latest disclosure have been updated into the Singapore REITs table. 8 cents per SPH share plus 0. 9%, reiterating tenants’ confidence in SPH REIT’s strategic assets. SPH REIT Units (via DIS) S$0. Feb. SPH REIT to merge with MPACT or CICT? Lifetime Membership When SPH shareholders approved the acquisition by Cuscaden Peak on 22 March 2022, the writing was on the wall that SPH REIT would be the next to be acquired. -0. TAGS. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments . SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail. 2. Feb. Share Price as of: -. Note Short Sell volume according to the Daily. 056 by FY2019, up 3. 72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. Suntec REIT (SGX:T82U) posted its results for the third quarter and first 9 months of the financial year 2020 (ended 30 September) this morning. (“ PARAGON RM” or the “Manager”), the Manager of PARAGON REIT1 (formerly known as “SPH REIT”), today announced its financial results for the 16 months2 ended 31 December 2022 (“16M FY2022”). communications functions in the SPH Group and sits on several steering and senior management committees. Apps. In its regulatory filing furnished to. 596 Keppel Reit unit (valued at $0. In an Aug 7 statement, the. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. Disciplined Capital Management. 44%, according to CGS-CIMB’s estimates. 36 apiece. Disclaimer. CGS-CIMB Adjusts Paragon REIT's Price Target to SG$1. Distributed by Public , unedited and unaltered, on 25 November 2021 03:09:02 UTC . SPH Reit, a real estate investment trust, will change its name to Paragon Reit to better reflect its vision and mission in the Asia-Pacific retail landscape. 4m SPH REIT units, valued at S$20m and 6. 596 Keppel Reit units valued at 71. 74 pence. Download Telegram About. SK6U. The proposed acquisition will be by way of a scheme. 7K views 03:24. S$636. 1% over five years. Goola Warden Thu, Apr 14, 2022 • 08:31 PM GMT+08 • 1 min read. Cuscaden Peak’s offer—which gave SPH shareholders the option of accepting an all-cash offer of S$2. Stock XSES Rating as of Nov 17, 2023. 05 in profit. 1. SPH REIT (SGX:SK6U) entered into a contract to acquire 50% stake in Westfield Marion Shopping Centre, Adelaide, South Australia from Australian Prime Property Fund Retail managed by Lend Lease Real Estate Investments Limited for AUD 670 million on November 7, 2019. 5K views 05:23SPH Reit posts lower DPU after distribution deferment, capital. Paragon REIT Units Real Estate Investment Trust. 8 cents per share; or an all-cash offer of $2. SPH Reit noted that FY2021 had a full-year contribution from Westfield Marion in South Australia which was acquired in the prior year with an incremental net property income of S$9. SPH REIT is a Singapore-based REIT established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. (the "Company "), as manager of SPH REIT, wishes to announce that the Company has elected to receive the base fee component of the management fee for the period from 1 March 2021 to 31 May 2021 in the form of units in SPH REIT (the "Base Fee "). The name change will take effect from Jan 3, 2023, onwards. 54K subscribers. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia-. 798 as at 12 November 2021, being the last full trading day before the Cuscaden Scheme Joint Announcement Date) for each SPH Share, at an illustrative value of S$2. is ACRA - registered entity that has been operating for 10 years 8 months in Singapore since its incorporation in 2013. 782 SPH REIT units valued at S$0. 099 per share. 3) 0. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. Other information is defined as all information in the annual report other than the financial statements and our auditors’ report thereon. 1 day ago · Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Our data shows SPH REIT has a return on equity of 5. Discover historical prices for SK6U. All Island Equity REIT is a diversified real estate investment trust that is focused on British Columbia with around $215 million of assets on Vancouver Island. Every investor in SPH REIT should be aware of the most powerful shareholder groups. In particular, the units of PARAGON REIT have not been and will not be registered under the U. Distributed by Public, unedited and unaltered, on 24 May 2022 03:27:07 UTC. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. General. 782 SPH Reit units valued at. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. THE BUSINESS TIMES: SPH Real Estate Investment Trust (Reit) will be renamed to Paragon Reit as the name change will better reflect the trust’s vision and mission to capture unique opportunities in the Asia-Pacific retail landscape, the Reit manager said on Thursday (Dec 29). SGD 0 0 / 0 % Share Price as of: -Market / ISIN Code: SGX Mainboard / SG2G02994595. SPH shareholders will receive cash of S$0. CUSCADEN PEAK INVESTMENTS PRIVATE LIMITED. The issue price for the placement was $1. 4K links. The Board of Directors of SPH REIT Management Pte. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%In a bourse filing, SPH said it will first hold an extraordinary general meeting (EGM) at 2. The Manager's key objective for SPH REIT is to provide Unitholders with regular and stable distributions, and sustainable long. 01% of the Units. Distributed by Public, unedited and unaltered, on 20 June 2022 03:43:09 UTC. Prior to 1 December 2021, SPH was in the media business as well with a reach in the print, digital, radio, and outdoor media. Photo: Samuel Isaac Chua/The Edge Singapore. 1 per cent in total return terms, after a challenging 2022 which saw it decline 12 per cent. Cuscaden Peak Pte. Platform. Since the takeover from Morgan Stanley, read in news that each stock will become SPH REIT (0. Barrie ON - Head Office: Phone – Direct (705) 725-6020 Phone – Toll Free 1–844-474-9620 Fax (705) 725-8026. FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 748. On Monday evening (29 March 2021), SPH REIT (SGX:SK6U), with properties in Singapore (namely Paragon, The Clementi Mall, and The Rail Mall) and in Australia (a 85. (NYSE: ABR) is a Long Island, New. Name) Tay Zheng YuPARAGON REIT is a real estate investment trust that owns and manages prime retail and office properties in Singapore. com Industry Dividends REIT MLP. Currently SPH REIT is the subject of a mandatory chain offer for all its units by Cuscaden Peak Pte Ltd (the "Chain Offer" ), and under the Singapore Code of Take-overs and Mergers, directors of SPH REIT are not allowed to resign during the offer period unless certain conditions are satisfied or with the express approval of the Securities. com. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 4m SPH REIT units, valued at S$20m and 6. (SPH) dividend growth history: By month or year, chart. SPH Reit aims to be a premier retail real estate. Ltd. . A physician or nurse practitioner. . 602 cash per share plus 0. Maintain HOLD rating on SPH REIT's with target price at S$0. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 602 in cash and 0. S. ABOUT SPH REIT SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. In its upcoming financial release, for which it has yet to confirm the release date, the Reit is expected to report a 16-month. YqNexrI5Aa0WBVPygGIdrNajfWdAi30fregf8Fnbknxph2_brQpPnRNlew. In its annual report for 2021, you can find out how it performed in a challenging year, its financial results, its portfolio overview, its sustainability initiatives, and its future outlook. In this post, you will find my review about the REIT's results for the second quarter and first half of the financial year 2020/21 ended 30 September (which was released on 19 October 2020) - particularly, you will read about its financial results, debt and portfolio occupancy profile, as well as its distribution payouts, along with my personal. 3% y-o-y respectively, mainly on contributions from Figtree Grove (Sydney) and full year contribution from Rail Mall. SPH REIT Management Pte. Paragon, one of the key malls that's part of SPH REIT's portfolio. Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The impact of the pandemic hit SPH Reit in the second half with distribution per unit (DPU) well down. Follow us on Facebook and join our Telegram channel for the latest updates. 0172 for Four Months to December 2022 Period. Under the terms of the transaction, a refundable deposit of. SPH REIT published this content on 20 May 2022 and is solely responsible for the information contained therein. More On This Topic. Securities Act of 1933, as amended (the "U. The Rail Mall, acquired by then SPH REIT on 28 June 2018, is located along Upper Bukit Timah Road. Ltd. We know SPH REIT has $63 mil in cash but not sure about Seletar Mall. Under the proposed scheme, they will receive $2. SPH REIT has obtained the approval of its trustee to change its name to Paragon REIT. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. 8 cents per share, as well as 0. 2% premium over the one-month volume. SPH REIT Management Pte Ltd, the Manager of the Trust (“the Manager”) is responsible for the other information contained in the annual report. Summary. 3% quarter-on-quarter (QoQ) and 313. SK6U | Complete Paragon REIT stock news by MarketWatch. Prior to that, shares of SPH closed flat at $2. Finally, the management is of the opinion that Covid-19’s impact is continued to continue into FY2020/21, and as such, their near-term focus is to minimise vacancies to provide a sustainable rental income by working hard with their tenants, while at. 77 per cent. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. SGD 0. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook over the short-term is warranted. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Singapore Press Holdings Limited (SPH) received an unsolicited proposal from Temasek-backed real estate consortium Cuscaden Peak Pte. The company is based in Singapore. As at 10. Build Retirement Portfolio with S-REIT REITirement - SREIT @REITirement. SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. The Rail Mall. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). 782 of an SPH Reit unit through a distribution-in-specie by SPH. 30pm on June 30. Paragon REIT Reports Unchanged DPU of SG$0. SPH REIT has. , a wholly-owned subsidiary of Singapore Press Holdings Limited. Headquarters. 3%, while its peers’ DPU yields have generally recovered to their respective 5-year means. SPH Reit's DPU in Q1 down 13% to 1. 2 cents, Business News & Top. ShareJunction is a FREE Singapore Stocks, Investment and Finance portal providing share investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. SPH REIT maintained its strong portfolio occupancy rate of 97. Currently SPH REIT is the subject of a mandatory chain offer for all its units by Cuscaden Peak Pte Ltd (the "Chain Offer" ), and under the Singapore Code of Take-overs and Mergers, directors of SPH REIT are not allowed to resign during the offer period unless certain conditions are satisfied or with the express approval of the Securities. Company Type For Profit. Read more at straitstimes. Retail investors net buy S$390 million of S-Reits in H1 2023. It operates through the following segments. It owns three retail assets in Singapore, with Paragon Mall. The sum of the Offeror Consideration and the SPH REIT units to be distributed by SPH to its shareholders in accordance with the Scheme has an implied value of $2. 782 SPH REIT units per share. . 0. SPH REIT gearing remains stable at 30. . Its final offer for SPH is S$2. SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. SPHR has been listed on the Singapore Stock Exchange (“SGX”) since 24 July 2013 and has a market capitalization of SGD2. According to present data SPH REIT's SK6U shares and potentially its market environment have been in bearish cycle last 12. 3 million. Hope to catch a nice uptrending wave for SPH Reit as the price bounces off. June 3, 2022 – Cuscaden Peak’s mandatory cash offer to acquire all units of SPH real estate investment trust (Reit) has turned unconditional in all respects, according to a bourse filing on Thursday, according to a report from The Straits Times. Chief Financial Officer at Paragon REIT (formerly known as SPH REIT) Susan Leng CEO at SPH REIT See all employees Similar pages Starhill Global Real Estate Investment Trust HONG LEONG HOLDINGS LIMITED Real Estate Straits Retail Property Management Services Pte Ltd Real Estate. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 0 / 0 %. 4% stake in SPH. PARAGON REIT MANAGEMENT PTE. Legal Name SPH REIT Management Pte Ltd. Read more at The Business Times. Distributed by Public , unedited and unaltered, on 16 February 2022 03:03:05 UTC . In this post, you will find a summary (which I've compiled) of the CEO's presentation, questions which fellow attendees have raised during the meeting and responses provided by the management, along with results of 12. 995 %. 3 = $293 mil. CI. Photo: Samuel Isaac Chua/The Edge Singapore. MT. This brings DPU for the second half of FY2021 to 2. SPH REIT’s growth momentum continued into 4Q19, both organically and inorganically. 8 million in the fiscal year ended July 31 from SG$92. 44K links. Correspondingly, the REIT’s 3Q 2021 DPU of 1. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. PARAGON REIT (formerly known as SPH REIT ) is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. 782 SPH Reit share) offer is valued much lesser today. Coming Dividends. Asia’s most international, multi-asset exchange, operating securities, fixed income and derivatives markets to the highest regulatory standards. Cuscaden Peak makes cash offer of 93. Ltd. SPH REIT's inaugural distribution was 1. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. 15am, units in SPH REIT are trading flat at 97 cents, or an FY2022 P/B of 1. 9m SPH shares, valued at S$10m), as well as SPH’s. SPH REIT’s gearing ratio remains stable at 30. Securities Act of 1933,. Change Of Name Of SPH REIT And The Manager. 5m sqft across a three-storey. Date Of Release Of PARAGON REIT's Financial Statements For The Half Year Ended 30 June 2023. 38 cents. The goal is to seek premium price because of differentiation and uniqueness of the offerings. Sph Reit Management Pte Ltd, 1000 Toa Payoh North, News Centre. SGD 0. 4 million), the real estate investment trust (Reit) said on Thursday. Share Price as of: -. 68 cents for 1H FY2022, increasing by 9. 5 per cent, lower at 97 cents. is managed by SPH REIT Management Pte. SPH REIT Units (via DIS) S$0. Note Includes only corporate actions with Ex-Date within upcoming 3 months. (the "Company "), as manager of SPH REIT, wishes to announce that the Company has elected to receive the base fee component of the management fee for the period from 1 March 2021 to 31 May 2021 in the form of units in SPH REIT (the "Base Fee "). In their report dated Jan 7, Eing and Lock like that the. Apps. 3250 per share was made to shareholders on Tuesday, November 14, 2023. SPH had in August received a privatisation offer from Keppel at S$2. 099 per share when it was tabled. SPH Reit to be renamed Paragon Reit from Jan 3 Link Reit plans $3. 715) and 0. 1. General. Blog. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC. Elite Commercial REIT 1HFY2023 DPU falls 24. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 2% premium over the one-month volume weighted average price. SPH REIT published this content on 27 May 2022 and is solely responsible for the information contained therein. 5 million through the private placement. SPH REIT published this content on 25 November 2021 and is solely responsible for the information contained therein. PARAGON REIT MANAGEMENT is a Subsidiary Company of. 72 cents per unit, the minimum offer price for. 64 per cent of total issued SPH Reit units. 14. Disclaimer. 20. Apr 29, 2022, 8:05 AM SGT SINGAPORE ( THE BUSINESS TIMES) - Cuscaden Peak will offer to acquire SPH Reit at 93. Singapore Hospitality / Property Development / Aluminium Assistant to CFO Stamford Land Corporation (Hospitality / Property Development). SPH REIT published this content on 20 June 2022 and is solely responsible for the information contained therein. As a result, the 12-month rental reversion rate for FY2022 was -2. Steady Recovery Underpinned By Resilient Domestic Demand And Resumption Of International Travel. If that happens, Cuscaden will make a takeover offer at 96. 596 Keppel REIT units and 0. Distributed by Public, unedited and unaltered, on 27 May 2022 09:42:19 UTC. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. Build Retirement Portfolio with S-REIT. 6m (+11. SPH Reit closed on Oct 7 up 1. 9m SPH shares, valued at S$10m), as well as SPH’s. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%Meanwhile, SPH Reit recorded an occupancy rate of 98. 2%. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. 85-$0. 5/2. Loading more data. More On This Topic. Includes hours of operation for specific types of medical imaging at Saanich Peninsula Hospital. 30pm on March 22 to vote on the proposed distribution in-specie of SPH Reit units under the Cuscaden scheme. News. A look at the shareholders of SPH REIT ( SGX:SK6U ) can. SINGAPORE - SPH Reit is planning to acquire The Rail Mall for $63. Back Dec 29, 2022. Platform. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. SPH REIT's (SGX:SK6U) top owners are individual investors with 33% stake, while 31% is held by private companies. 3449 only. Its portfolio comprises leasehold. 2%, announces divestment of five assets. SPH REIT published this content on 22 June 2022 and is solely responsible for the information contained therein. Follow us on Facebook and join our Telegram channel for the latest updates. SPH REIT published this content on 17 June 2022 and is solely responsible for the information contained therein. 03. 5 cents on Thursday (April 28). Company Type For Profit. SI), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Take a look at five REITs with recent insider buying that could be a tip-off that better times are ahead. last Friday (29 October), to acquire all of the issued ordinary shares of SPH for S$2. 13 and S$0. 596 of a Keppel Reit unit and 0. In the mail today they made an offer. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. The name change will take effect from Jan 3, 2023, onwards. SPH REIT’s Financial Results in the Current Year (1H FY2019/20) Compared to the Previous Year (1H FY2018/19) SPH REIT released its financial results for first half of the financial year 2019/20 (also known at 1H FY2019/20) last week (on 01 April 2020. Paragon REIT (formerly known as SPH REIT) Dec 2018 - Present 5 years. The counter rose 1. Mr Patrick Daniel, Interim CEO of SPH Media Trust, recounted that SPHL had reiterated in its EGM circular to its shareholders that "the listed company model is no longer the best business structure. 2 per cent of SPH Reit. If you had been redirected from please note the change in website address to with immediate effect. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. The DPU for. SPH shares closed 0. CapitaLand Ascendas Real Estate Investment Trust. . SPH REIT - SG2G02994595 - SK6U. 0 / 0 %. $12. 28 Jul 2022. 40 per share comprising $1. THE chain offer for SPH Reit has closed with valid acceptances in respect of 402. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Here’re some comparisons. Announcement Details. SPH REIT also holds an 85% equity stake in Figtree Grove, a freehold sub-regional shopping centre in Wollongong New South Wales,. 1 file. Prior to that, shares of SPH closed flat at $2. As a unitholder, I have studied its latest set of results, and in this post, I will be sharing key aspects you…Build Retirement Portfolio with S-REIT Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The sale of Bedok Point by Frasers Centrepoint Trust (FCT) at $108 million raised questions from shareholders given that it was acquired atLendlease Global Commercial REIT (“LREIT”) is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. Ltd. 0%. 3% y-o-y from $3,296. Distributed by Public, unedited and unaltered, on 03 June 2022 03:21:01 UTC. Mandatory Cash Dividend/ Distribution. SPH Real Estate Investment Trust (Reit) will be renamed to Paragon Reit as the name change will better reflect the trust’s vision and mission to capture unique. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties.