S-REITs have taken a hit from the rising interest rates. In H122, acquisitions made by SREITs were nearly halved from the same period last year, only clocking in a total acquisitions value of $3.6b from 13 deals.
Dominating H1 acquisitions were the office (42%) and industrial sectors.
"The sharp spike in interest rates since the start of the year and highly volatile equity markets have made fundraising more challenging and reduced accretion potential for REITs," said RHB in a report.
Stocks & REITs to Watch
$Mapletree Log Tr A (JOIU.SG)$:Mapletree Logistics Trust on Thursday (Jul 21) reported a distribution per unit (DPU) of S$0.02268 for the first quarter ended Jun 30, up 5 percent from DPU of S$0.02161 in the year-ago period. Amount distributable to unitholders rose 17.2 percent to S$108.6 million in Q1. Gross revenue was up 14.6 percent to S$187.7 million; net property income (NPI) nudged up 13.2 percent to S$163.2 million.
$SamuderaShipping (S56.SG)$: Samudera Shipping was slapped with a query from the Singapore Exchange Regulation (SGX RegCo) about "unusual price movements" in its shares. In its query issued at 4.52pm, SGX RegCo asked if the company was aware of any possible explanation for the trading, including any information not previously announced, or the public circulation of information by rumours or reports.
$Incredible (RDR.SG)$: The board of directors of Incredible Holdings on Thursday (Jul 21) responded to criticism from the Securities Investors Association (Singapore) (Sias). In a bourse filing, the company said it wished to address certain "insinuations" made against it by Sias in a commentary written by Sias chief executive David Gerald.
Latest Share Buy Back Transactions
SG Investors
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
How will you adjust your portfolio under Trump's tariff impact?
55%45%
🚀Risk Assets
🛡️Safe-Haven Assets
1289 votes
Moo Live
Jan 23 08:54
MicroStrategy Q4 2024 earnings conference call
$Strategy (MSTR.US)$ MicroStrategy Q4 2024 earnings conference call is scheduled for February 5 at 5:00 PM ET /February 6 at 6:00 AM SGT /February 6 9:00 AM AEST.Subscribe to join the live earnings conference with management NOW! Beat or Miss? What do you expect from MicroStrategy' Q4 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say! Disclaimer: This presentation is ...
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
phongy45 : awesome