S-REITs Recap - Week 35 (2025)
🪙Frasers Centrepoint Trust (YTD: +10.43% | 5D: +3.56%)25 Aug – Announced the proposed divestment of ten strata lots at Yishun 10 to Lion (Singapore) Pte. Ltd., a wholly-owned subsidiary of its sponsor Frasers Property. The transaction reflects the optimisation of FCT’s portfolio composition and return objectives for FCT and its Unitholders. $Frasers Cpt Tr(J69U.SI)$
🪙CapitaLand China Trust (YTD: +4.17% | 5D: +2.74%)25 Aug – CapitaLand Commercial C-REIT received CSRC approval to register for its listing on the Shanghai Stock Exchange, targeting RMB2.1b via 400m units. This marks China’s first international-sponsored retail C-REIT, with listing expected by 4Q 2025. CLI, CLCT, and CLD will collectively hold at least 20%. $CapLand China T(AU8U.SI)$
🪙CapitaLand Ascott Trust (YTD: +1.72% | 5D: +2.31%)27 Aug – Completed the acquisition of three rental housing properties in Osaka and Kyoto for JPY4b (S$34.2m). Expected FY2025 NOI entry yield of 4% versus 0.4% exit yield from a prior divestment. The acquisition is DPS accretive (+0.3% pro forma) and funded by divestment proceeds and JPY debt. $CapLand Ascott T(HMN.SI)$
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- pixiezz·09-08Nice insightsLikeReport