S-REITs - Week 41 - 2025

Kenny_Loh
10-13

🪙 CapitaLand Ascendas REIT (YTD: +10.51% | 5D: -0.35%) $CapLand Ascendas REIT(A17U.SI)$

🗓 7 Oct – Announced accretive acquisition of three fully occupied industrial and logistics properties in Singapore for ~S$565.8m. Properties include 2 Pioneer Sector 1, Tuas Connection, and 9 Kallang Sector. This move strengthens its local presence and brings total investments in 2025 to ~S$1.3b. Completion expected by 1Q 2026.

🪙 Keppel REIT (YTD: +14.94% | 5D: -3.85%) $KEPPEL REIT(K71U.SI)$

🗓 8 Oct – Launched private placement to raise no less than ~S$113m, with ~97% allocated for partial financing of a new acquisition, and 3% for related fees.

🗓 9 Oct – Announced pricing and allotment results of the private placement.‌

🪙 OUE REIT (YTD: +22.81% | 5D: +2.94%) $OUEREIT(TS0U.SI) $OUEREIT(TS0U.SI)$

🗓 8 Oct – Issued S$150m 2.75% 7-year investment-grade green notes. Strong demand with a peak orderbook of S$412.8m led to a final pricing cut of 30 bps. Debt metrics improved: average debt maturity extended to 3.6 years and weighted average cost of debt reduced to 4.0% p.a. Only 16.2% of total debt matures in 2026.‌

🪙 Starhill Global REIT (YTD: +13.00% | 5D: -1.74%) $StarhillGbl Reit(P40U.SI)$

🗓 10 Oct – Issued S$100m 3.25% subordinated perpetual securities under its S$2b multicurrency debt issuance programme.

👉Follow Kenny Loh

You can join his Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment