This includes a cash injection of $80 million, $30 million worth of SPH shares and SPH REIT units (Approximately 23. SPH REIT published this content on 17 June 2022 and is solely responsible for the information contained therein. Ms Lim is a director of Times Development Pte Ltd, Orchard 290 Ltd and SPH REIT (Investments) Pte Ltd, all of which are property subsidiaries of SPH. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Ltd. 782 SPH REIT units for every SPH share held. SPH REIT gearing remains stable at 30. SPH REIT’s 3rd Quarter Update for FY2019/20 – A Summary and My Thoughts – The Singaporean Investor. 3m. 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. What this means is that SPH, which owns about 65% of SPH REIT, will transfer. "Keppel will hold a remaining stake in SPH REIT and Keppel REIT of. 0553 (+2. 715) and 0. 668, as well as 0. 596 Keppel Reit units valued at 71. SPH REIT has. 4% y-o-y to S$105. Ltd. Last Funding Type Post-IPO Equity. 37 cents; and tax-exempt income distribution of 0. 1 file. Join. S. Other information is defined as all information in the annual report other than the financial statements and our auditors’ report thereon. Disclaimer. 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 Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. News. 12-Jul-2021 18:43:20. 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. The goal is to seek premium price because of differentiation and uniqueness of the offerings. 4 per cent to. Consequently, portfolioDisclaimer. SPH REIT is a Singapore-based Real Estate Investment Trust (“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. 400 for each SPH Share1 “Cuscaden Composite Document”: The document dated 28 February 2022. 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 BUSINESS TIMESperformance of SPH REIT is not necessarily indicative of its future performance. The stronger results were driven by higher revenue across all assets mainly due to lower rental relief provided and full year financial contribution from Westfield Marion. This came following the completion of an offer by Cuscaden to take Singapore Press Holdings (SPH) private, which resulted in Cuscaden and its concert parties owning 47. Suburban Propane Partners, L. But substantially below the 52-week high of $1. It is offering each shareholder the option of an all-cash offer of $2. . 6 years. Paragon REIT Reports Unchanged DPU of SG$0. Price vs Fair Value. Follow us on Facebook and join our Telegram channel for the latest updates. 782 SPH REIT shares with an indicative value of. 8 cents per share; or an all-cash offer of $2. 2% y-o-y) was in line, forming 79% of our 16-month FY22F. The Offering consists of (i) an. [Announcement] Mapletree Logistics Trust's EGM to be Held on Monday, 23 November 2020, at 2. 商业时报Find detailed analysis of Singapore-listed companies, along with advices on long-term investing and short-term trading here. 1. 3%, while its peers’ DPU yields have generally recovered to their respective 5-year means. 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. provides SPH shareholders with either a total consideration of S$2. And since they are holding 70% of SPH REIT they have a. Includes hours of operation for specific types of medical imaging at Saanich Peninsula Hospital. In all, this values SPH at $3. the SPH REIT Units (including those SPH REIT Units held by SPH after completion of the DIS) and the Offeror is required to make the Chain Offer. 3 cents) for 1HFY2023 ended June, up 6. Apps. SPH REIT published this content on 29 July 2022 and is solely responsible for the information contained therein. 36 per SPH share, or an alternative of $2. The overall positive financial results were a little surprising to me. com. 28 Jan 2021. The offer price is 3. 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. SPH REIT (SGX:SK6U) ’s portfolio occupancy at 98. Ltd. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 9% less than the total consideration. 5 per cent, lower at 97 cents. It is well served by the Hillview MRT station about 250 metres away and a network of public bus services. 1 file. 40 per. 9372 per unit, which is the minimum offer price required after adjusting for recent SPH Reit distributions. Disclaimer. 099 per share when it was tabled. 208 photos. 602 cash per share plus 0. THE chain offer for SPH Reit has closed with valid acceptances in respect of 402. 2m (-2% h-o-h), coming in at 98% of our full-year forecast. SK6U. . Ltd. Announcement Title Mandatory Cash Dividend/ Distribution Date &Time of Broadcast 09-Feb-2022 17:36:49 Status New Corporate Action Reference SG220209DVCAYU2P Submitted By (Co. 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. 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. MT. Ltd. 30pm Mapletree Logistics Trust (SGX:M44U) will be holding an EGM on Monday, 23 November 2020, at 2. 8%,. The DPU for. SPH REIT's inaugural distribution was 1. For the full year, gross revenue and net property income (NPI) jumped 7. 36 per share or S$1. The REIT justified its action based on challenging conditions in both their Singapore and Australian malls. SPH REIT’s performance is an indication of how the overall REIT market in Singapore has held up well despite the recent sell-down over worries that the United States might start scaling back its. On a QoQ basis, SPH REIT performance is improving. 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. General. 2 million. 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. Announcement Details. Units of SPH Reit closed down two cents, or 2. Retail investors net buy S$390 million of S-Reits in H1 2023. Company Type For Profit. With Keppel REIT and SPH REIT trading at S$1. SK6U. Ltd. Ltd. 8% below SPH REIT’s daily volume-weighted average price (VWAP) over the last month. Stock Articles. 596 of a Keppel Reit unit and 0. The issue price for the placement was $1. General. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. 36 cash, or (2) $1. 668 per share, 0. Follow us on Facebook and join our Telegram channel for the latest updates. With the easing of Covid19 restrictions- , PARAGON REIT registered SPH will provide the initial resources and funding by capitalising SPH Media with a cash injection of $80 million, $30 million worth of SPH shares and SPH Reit units, and SPH's stakes in four of. 782 of an SPH Reit unit per share. 602 of cash per share and 0. Blog. The information behind this electronic gatepost is only being made available to residents of Singapore. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. Build Retirement Portfolio with S-REIT. Are you a REIT investor?. Date Of Release Of 2020 Second Quarter Results. 58 Singapore cents for the fourth quarter ended August. In an Aug 7 statement, the. SPH REIT Management Pte. For instance, SPH REIT (SGX: SK6U) has the backing of media giant Singapore Press Holdings (SGX: T39), but its distribution per unit (DPU) has not grown much over the years. 97 dated December 1, 2022. Read more at The Business Times. 6%. SPH REIT announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. Cuscaden Peak's offer of up to $2. Find out all the key statistics for Paragon REIT (SK6U. 10%) and increased value of Keppel REIT and SPH REIT. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. . 1% over five years. Summary. FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 748. 33 last Friday, while SPH Reit ended 1 per cent up at $1. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. Announcements. Summary. 3 billion in borrowings at a gearing ratio of 30 per cent and a weighted average term to maturity of 2. The name change will take effect from Jan 3, 2023, onwards. The information behind this electronic gatepost is only being made available to residents of Singapore. 0 / 0 %. 40 per share, comprising $1. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 668 per share, 0. . 602 cash and 0. It operates through the following segments. SPH REIT strives toThe investment strategy of SPH REIT is 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. 96. Follow us on Facebook and join our channel for the latest updates. SPH REIT maintained its strong portfolio occupancy rate of 97. SPH REIT announced full year revenue of S$281. 3 = $293 mil. Goola Warden Thu, Apr 14, 2022 • 08:31 PM GMT+08 • 1 min read. ) Let us take a look at its financial results, and compare them against the REIT’s results. 05 in profit. 9%, underpinned by higher occupancy at its Singapore assets and recovering tenant sales, while its WALE remains healthy at 5. 10 a share. S. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Hope to catch a nice uptrending wave for SPH Reit as the price bounces off. BY WAY OF ISSUE OF UNITS IN SPH REIT The Board of Directors of SPH REIT Management Pte. 0 / 0 %. Note Includes only corporate actions with Ex-Date within upcoming 3 months. Elite Commercial REIT has posted distribution per unit (DPU) of 1. 38B. Stock Symbol SGX:SK6U. 44%, according to CGS-CIMB’s estimates. 8 cents per SPH share plus 0. Platform. As at 21 February 2022 (being the Latest Practicable Date prior to the publication of the Cuscaden Composite Document), This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. SGD 0. 05 per. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. P. CI. "Keppel will hold a remaining stake in SPH REIT and Keppel REIT of. In its upcoming financial release, for which it has yet to confirm the release date, the Reit is expected to report a 16-month. They purchase based on a forward looking income basis, which means that there are. As at 10. Kindly feedback to us for any discrepancies in data. Based on current share price of SPH Reit ($0. 02. SPH REIT MANAGEMENT PTE. Ltd. Barrie ON - Head Office: Phone – Direct (705) 725-6020 Phone – Toll Free 1–844-474-9620 Fax (705) 725-8026. 40 per share comprising $1. 9640 per unit on 29 April 2022. Based on closing price of S$0. Chain offer price for SPH REIT. 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%INTRODUCTION TO SPH REIT SPH REIT is a Singapore-based real estate investment trust (“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. 2%. Yes the company SPH REIT (SGX:SK6U) pays a quarterly dividend of $0. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. 04% up at 97. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). The part cash part share offer dated 15 Nov 2021 is based on the SPH Reit price of $1. 5 per cent, lower at 97 cents. 4 total based on SPH REIT closing price of S$1. 3% quarter-on-quarter (QoQ) and 313. SPH REIT has a portfolio of five assets in Singapore and Australia. It operates through the following segments: Paragon, The Clementi Mall, The Rail Mall, Figtree Grove, and Westfield Marion. 602 cash and 0. SPH had in August received a privatisation offer from Keppel at S$2. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. MORE STORIES. 8 cents per share, as well as 0. 20. 5 cents on Thursday, before the business update was released. 6m (+11. The offer is made for all the units in SPH REIT, other than those already owned, controlled or agreed to be acquired by Cuscaden Peak and parties acting in concert with the offeror. Singapore Press Holdings Limited ( SPH) was an organisation with businesses in property and aged care in Singapore. SPH REIT continues to manage its assets proactively and work with its various stakeholders to capitalise on the gradual market recovery. Share Price as of: -. More On This Topic SPH seeks to buy back outstanding $500m of 3. Chart. 52 cents of DPU which was previously withheld from FY2020. Morningstar Rating. 4m SPH REIT units, valued at S$20m and 6. Separately, Cuscaden Peak reminded unit holders of SPH Reit that it is entitled to reduce the minimum chain offer price of $0. It owns three retail assets in Singapore, with Paragon Mall within the Orchard Road district as its anchor asset in Singapore and two retail malls in Australia. 5 cents on Jan 12. 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. 3. Paragon, one of the key malls that's part of SPH REIT's portfolio. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. 798(1) Being the value of 0. 5m sqft across a three-storey. SPH shareholders will receive cash of S$0. 06 and pre pandemic high of $1. 3 billion rights offering to expand war chest Join ST's Telegram channel and get the latest breaking news delivered to you. The change will take effect from Jan 3 at 9am, with the existing counter code SK6U remaining unchanged. 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). 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 85-$0. Maintain HOLD rating on SPH REIT's with target price at S$0. SPH REIT is a real estate investment trust that invests in income-producing retail malls in Singapore and Australia. 1. PARAGON REIT, formerly known as SPH REIT, is a Singapore-based real estate investment trust 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. This REIT essentially formed 25% of their EPS or DPS. VICTORIA, BC (September 10, 2010) - Partners Real Estate Investment Trust. 7m (+3. SPH REIT adopts a proactive and disciplined capital management approach. With Keppel REIT and SPH REIT trading at S$1. BM4wkoB-e9p9PBi601taz5eSNkoDxC5wycV2xgrtyiM. S. 0%. Singapore’s largest omnichannel media network, bringing you trusted news and lifestyle content across print, digital, radio and outdoor mediaPARAGON Real Estate Investment Trust (Reit), previously known as SPH Reit, declared a distribution per unit (DPU) of 1. Steady Recovery Underpinned By Resilient Domestic Demand And Resumption Of International Travel. Join REITirement - SREIT. Read more at The Business Times. A wellmanaged shopping mall in an area with a growing catchment population would be a good pipeline asset for SPH REIT, which currently holds Paragon and The Clementi. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. S. Its final offer for SPH is S$2. If you had been redirected from please note the change in website address to with immediate effect. SPH REIT published this content on 09 June 2022 and is solely responsible for the information contained therein. SPH REIT - Paragon Awaits The Return Of Chinese Spenders. SPH REIT, in my opinion, is a decently-run REIT that has demonstrated a good track record of NPI and DPU growth. View daily, weekly or monthly formats back to when Paragon REIT stock was issued. com. Partners REIT Announces Senior Management Appointments and Relocation of Offices . 782 SPH Reit units valued at. 07x and dividend yield of 5. 5 cents per share, and 0. In addition, the high occupancy was supported by a high tenant retention ratio of 82. On 29th April 2022, SPH REIT announced that Cuscaden Peak Pte Ltd will make a Chain Offer of S$0. SPH REIT published this content on 24 June 2022 and is solely responsible for the information contained therein. 596 Keppel REIT units and 0. As part of the arrangement, the company announced that SPH shareholders will receive consideration of S$2. Announcement Title. 38 cents. Market / ISIN Code: SGX Mainboard / SG2G02994595. 668 per share, 0. 6 cents. , a wholly-owned subsidiary of Singapore Press Holdings Limited. Based on current price of SPH REIT, the alternative will fetch $2. Date Of Release Of PARAGON REIT's Financial Statements For The Half Year Ended 30 June 2023. Contact Email [email protected] REIT's (SGX:SK6U) stock is up by 1. 68 per cent, or about 1. 596 Keppel REIT units and 0. 2 per cent of shareholder votes signalled their approval for the acquisition of SPH, while 1. More On This Topic Keppel's privatisation offer for SPH viewed positively. From REIT Pulse perspective, SPH REIT has been performing fairly well over the last 3 years. LTD. 03. The Manager's key objective for SPH REIT is to provide Unitholders with regular and stable distributions, and sustainable long- term growth in DPU and NAV per. The Reit acquired Phipps Tower from its sponsor in 2018 for US$205 million (S$276 million). 715 per share, and 0. The distribution per unit (DPU) of 1. 26 cents) of FY2020 distributable income. 0% interest in 15 properties, and a 100. The group holding the most number of shares in the company, around 33% to be precise, is individual investors. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. REITirement - SREIT. SPH REIT published this content on 24 May 2022 and is solely responsible for the information contained therein. 35, while units of SPH Reit ended 0. 4 million), the real estate investment trust (Reit) said on Thursday. Need help interpreting the REIT data? Then read our guide on 5 Important Factors You Need to Consider Before Investing in Any REIT. 9372 per unit for all units of SPH REIT. One word of caution is that SPH have purchase Clementi mall by outbidding the other REITs dramatically . SGD 0 0 / 0 % Share Price as of: -Market / ISIN Code: SGX Mainboard / SG2G02994595. Name) Tay Zheng YuPARAGON REIT is a real estate investment trust that owns and manages prime retail and office properties in Singapore. There have been a number of acquisitions allowing further growth of the REIT. 9208. The recent restriction easing and border opening should improve SPH REIT's performance moving forward. 4m SPH REIT units, valued at S$20m and 6. 40 a share now superior to Keppel's: SPH. All Island Equity REIT. Unitholders whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at the Record Date will be entitled to the Distribution to. Daily Volume & Value Traded includes Ready Market & Off Market transactions. Disclaimer. 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. SI), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. 3. 36445, not much difference from the all cash offer of $2. 8 per cent voted against it. SPH shareholders will be entitled to 0. SPH REIT published this content on 07 June 2022 and is solely responsible for the information contained therein. Prior to that, shares of SPH closed flat at $2. 716 per share from a distribution in-specie by SPH. This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. Sph Reit Management Pte Ltd, 1000 Toa Payoh North, News Centre. Key Pointers to Note in Ascendas REIT’s AGM Held on 29 June 2020 – The Singaporean Investor Ascendas REIT conducted its virtual AGM for FY2019 this afternoon, which I have attended as a unitholder to receive an update from the management on its businesses. SPH REIT () Stock Market info Recommendations: Buy or sell SPH REIT stock? Singapore Stock Market & Finance report, prediction for the future: You'll find the SPH REIT share forecasts, stock quote and buy / sell signals below. Distributed by Public, unedited and unaltered, on 29 July 2022 10:16:17 UTC. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. In their report dated Jan 7, Eing and Lock like that the. Read more at The Business Times. 30pm on June 30. Announcement Title. 3250 per share was made to shareholders on Tuesday, November 14, 2023. 36 per share or S$1. 72 cents for SPH REIT units after adjusting for distributions. Login Details for DBS Group Holdings’ e-AGM on Tuesday, 30 March 2021, at 2pm Shareholders who have signed up to attend DBS’ e-AGM this coming Tuesday should have received a confirmation email from the bank containing login details, along with steps on how you can join the meeting (please check your ‘spam’ folder if you do not find it in your. 975. 16M FY2022 refers to the period 1 September 2021 to 31 December 2022. SPH REIT (SGX:SK6U), a pure-play retail REIT with properties in Singapore and Australia, released its results for the first half of the financial year 2021/22 last Friday. 602 in cash and 0. 7% over the past week. SGD 0. This is a big draw for investor interest in REITs. 36 apiece. 36 per cent of total issued units, according to a bourse filing on Thursday (Jun 30) night. Cuscaden Peak, a consortium of local investors, offered to buy all units of SPH real estate investment trust (Reit) at 93. FY22 will be a 16-month period from 1 Sep 21 to 31 Dec 22. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption. Stock XSES Rating as of Nov 17, 2023. MT. 782 SPH Reit unit. . We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or results. Retail investors continued to be a key driver in S-Reits fund flow activities in H1 2023, accumulating net retail inflows of S$389.