The information behind this electronic gatepost is only being made available to residents of Singapore. 099 per share when it was tabled. 782 SPH REIT units per share. 668, as well as 0. S. CapitaLand Ascendas Reit was among the most actively traded by value, with 24 million units worth $67. The DPU for. 8 cents per share, as well as 0. is registered as Private Limited Company with its address 79. Suburban Propane Partners, L. The information behind this electronic gatepost is only being made available to residents of Singapore. In. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. 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 evening (01 April 2022. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Follow us on Facebook and join our Telegram channel for the latest updates. Chart. The Reit has $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. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022Simply enter your email below to download the 5 Singapore REITs that consistently increase their DPU for your watchlist. Operating Status Active. Hope to catch a nice uptrending wave for SPH Reit as the price bounces off. 6% improvement in tenant sales for 12MFY2022, in line with a pick up in footfall in the Orchard Road area. Paragon REIT announced dividend of taxable income distribution of 2. 6 per cent from DPU of 1. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. 4 total based on SPH REIT closing price of S$1. 9 per cent below SPH Reit's last traded price, on Thursday (Apr 28), of S$0. SI) stock quote, history, news and other vital information to help you with your stock trading and investing. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. 4 cents per SPH Reit. 2 cents, Business News & Top. Of course if they do, the new consortium has the right to improve their offer as well. We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or results. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022SPH REIT did not declare any distributions during the quarter as it is bound by the Singapore takeover code on the back of the possible chain offer by Cuscaden. completed the acquisition of an additional 14. Managed by SPH REIT Management, its current portfolio comprises two properties in Singapore: Paragon, a premier upscale retail mall and medical suite/office property in the heart of Singapore’s famous shopping belt, Orchard Road, and The Clementi Mall, a mid-market suburban. As a new major unitholder of SPH REIT, Cuscaden has to g. 4m SPH REIT units, valued at S$20m and 6. 5 years. 8 cents per share, 0. 2 per cent, at 89 cents on Wednesday. SPH REIT (SGX:SK6U)'s 12-month FY22 DPU of S$0. Retail investors continued to be a key driver in S-Reits fund flow activities in H1 2023, accumulating net retail inflows of S$389. 0141 in the same period last year. 2%. However, when SPH REIT reported its first-half fiscal year 2020 (FY 2020) earnings, it announced that the DPU would be just S$0. 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. com. 782 SPH REIT units for every SPH share held. 0553 (+2. It is offering each shareholder the option of an all-cash offer of $2. 5 per cent, lower at 97 cents. 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. This includes a cash injection of $80 million, $30 million worth of SPH shares and SPH REIT units (Approximately 23. SPH REIT's inaugural distribution was 1. The mall is South Australia’s largest shopping centre spanning c. SPH REIT published this content on 25 April 2022 and is solely responsible for the information contained therein. Ltd. 9% above the NAV as at 28 February 22. 602 in cash and 0. 2m (+14. (“ 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”). 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) announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. The offer by Cuscaden is required by the Singapore Code on Take-overs and Mergers, as it now owns 47. Take a look at five REITs with recent insider buying that could be a tip-off that better times are ahead. 5 cents on Thursday (April 28). 6m while NPI increased marginally by 0. 3250 per share was made to shareholders on Tuesday, November 14, 2023. The company is based in Singapore. Stock XSES Rating as of Nov 17, 2023. 28 Jul 2022. FY22 will be a 16-month period from 1 Sep 21 to 31 Dec 22. To put that amount in perspective, SPH is currently trading at S$1. Singapore Press Holdings Limited ( SPH) was an organisation with businesses in property and aged care in Singapore. 596 Keppel REIT units and 0. Mandatory Cash Dividend/ Distribution. 596 of a Keppel Reit unit and 0. In an Aug 7 statement, the. Join REITirement - SREIT. We would like to show you a description here but the site won’t allow us. SPH Media to acquire Tech in Asia; no layoffs expected. 44K links. Disclaimer. 6 cents. 3 = $293 mil. 5 cents on Jan 12. The company's market. Founded Date 2013. This is an increase of 10. THE manager of SPH Reit on Monday announced distribution per unit (DPU) of 1. 商业时报Find detailed analysis of Singapore-listed companies, along with advices on long-term investing and short-term trading here. 3% quarter-on-quarter (QoQ) and 313. The change will take effect from Jan 3 at 9am,. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. Get the latest Paragon REIT (SK6U) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 4 per cent to. 7% y-o-y on. See what the analysts have to say. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. For context, the second largest shareholder holds about 26% of. As manager of SPH REIT 29 December 2022 IMPORTANT NOTICE This Announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in the Trust (the “Units”). With the easing of Covid19 restrictions- , PARAGON REIT registeredSPH 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. The retail property component of the project is larger than some analysts had expected, and underscores the long-term value that SPH could tap from the project. 668 per share. Read more at The Business Times. The closing date for the chain offer has also been extended for two weeks to 5. 5m) from a fund (Australian Prime Property Fund – Retail) which is managed by Lendlease Real Estate. 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. S$636. 3% y-o-y respectively, mainly on contributions from Figtree Grove (Sydney) and full year contribution from Rail Mall. 36 per cent of total issued units, according to a bourse filing on Thursday (Jun 30) night. 782 SPH REIT units valued at S$0. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). 35, while units of SPH Reit ended 0. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. Distributed by Public, unedited and unaltered, on 09 June 2022 03:01:08 UTC. It is relatively lower than other retail REITs with gearing ratio typically above 30%. S. 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. 36, or $2. About the company. SPH REIT continues to manage its assets proactively and work with its various stakeholders to capitalise on the gradual market recovery. As part of the renewal process of the Board, Mr. SPH REIT Units (via DIS) S$0. 782 SPH Reit unit. Ltd. 9372 per unit. 715 per share. 86 cents for the period from 24 July 2013 (listing date) to 30 November 2013. CUSCADEN PEAK INVESTMENTS PRIVATE LIMITED. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 0% stake in Westfield Marion Shopping Centre) reported its second quarter results for the financial. Download Telegram About. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. The name change will take effect from Jan 3, 2023, onwards. (SPH) dividend growth history: By month or year, chart. Contrast this with Parkway Life REIT (SGX: C2PU. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. MORE STORIES. 9m SPH shares, valued at S$10m), as well as SPH’s. Follow us on Facebook and join our Telegram channel for the latest updates. SPH REIT gearing remains stable at 30. 38B. Jul 01, 2022 11:47 AM. LTD. 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, in my opinion, is a decently-run REIT that has demonstrated a good track record of NPI and DPU growth. SPH REIT announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. LTD. In addition, the high occupancy was supported by a high tenant retention ratio of 82. Share Price as of: -. 668), Keppel REIT (0. 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. 3 billion in borrowings at a gearing ratio of 30 per cent and a weighted average term to maturity of 2. SPH REIT’s gearing ratio remains stable at 30. BM4wkoB-e9p9PBi601taz5eSNkoDxC5wycV2xgrtyiM. Share Price as of: -. See Saanich Penninsula Hospital location page . Stock Articles. THE BUSINESS TIMESperformance of SPH REIT is not necessarily indicative of its future performance. Kindly feedback to us for any discrepancies in data. 12-month FY22 revenue grew 1. Last Funding Type Post-IPO Equity. 099 per share. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 4. SPH REIT is trading at ~6% DPU yield, below its 5-year mean of 5. 238 million, in a transaction expected to be funded by a combination of debt and internal resources. Prior to 1 December 2021, SPH was in the media business as well with a reach in the print, digital, radio, and outdoor media. Distributed by Public, unedited and unaltered, on 07 June 2022 03:21:00 UTC. Change Of SPH REIT's Financial Year End From 31 August To 31 December. SPH REIT and SPH REIT Management Pte Ltd Announces Resignation of Chua Hwee Song as Non Executive Non Independent Director. Distributed by Public , unedited and unaltered, on 16 February 2022 03:03:05 UTC . Cuscaden Peak, a consortium comprising Hotel Properties, its managing director Ong Beng Seng, and 2 Temasek-related entities CLA and Mapletree, is offering each SPH shareholder the choice between an all-cash offer of S$2. The issue price for the placement was $1. Disclaimer. 28 Jan 2021. What is the dividend yield of SPH REIT? SPH REIT - SK6U has a dividend yield of 5. Disclosure Of Interest/ Changes In Interest Of Trustee-Manager/ Responsible Person - Disclosure Of Interest/Changes In Interest Of The Manager Of SPH REIT. The Reit acquired Phipps Tower from its sponsor in 2018 for US$205 million (S$276 million). Name) Tay Zheng YuPARAGON REIT is a real estate investment trust that owns and manages prime retail and office properties in Singapore. Paragon REIT Units Real Estate Investment Trust. Distributed by Public, unedited and unaltered, on 17 June 2022 03:02:02 UTC. Security SPH REIT - SG2G02994595 - SK6U. 5 cents on Thursday, before the business update was released. On 29th April 2022, SPH REIT announced that Cuscaden Peak Pte Ltd will make a Chain Offer of S$0. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC. 5 cent, or 0. 602 in cash and 0. . SPH bidding war ‘imminent’: UOB analysts. 1. 8%,. 01 From SG$0. Paragon REIT engages in the direct and indirect investments on a portfolio of income-producing real estate used primarily for retail purposes. SPH REIT published this content on 17 June 2022 and is solely responsible for the information contained therein. Disclaimer. Its portfolio comprises leasehold. SPH REIT (SGX:SK6U) provided an update for the third quarter FY2019/20 ended 31 May 2020 yesterday evening. THE chain offer for SPH Reit has closed with valid acceptances in respect of 402. Read more at The Business Times. It operates through the following segments: Paragon, The Clementi Mall, The Rail Mall, Figtree Grove, and Westfield Marion. In addition, the high occupancy was supported by a high tenant retention ratio of 82. CUSCADEN Peak's mandatory cash offer to acquire all units of SPH Reit : SK6U +0. 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. Keep the Cash + Keppel / SPH REIT offer, but up the price, or. 98, respectively, as of 28 October 2021, the total consideration is now around S$2. Morgan Stanley Asia, on behalf of Cuscaden Peak, said the Ong Beng Seng-led consortium has received valid acceptances of its chain offer of an aggregate of 130,059,351 offer units, representing approximately 4. Stock analysis for PARAGON REIT (SPHREIT:SP) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Based on current price of SPH REIT, the alternative will fetch $2. 1. 108 (A slight increase due to the improvement of SPH REIT share price). One way to conceptualize this, is that for each SGD1 of shareholders' equity it has, the company made SGD0. Ltd. YqNexrI5Aa0WBVPygGIdrNajfWdAi30fregf8Fnbknxph2_brQpPnRNlew. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. 7K views 03:24. 596 units) and SPH REIT (0. Platform. 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. If you had been. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). 33 last Friday, while SPH Reit ended 1 per cent up at $1. 3% y-o-y. Singapore Financial Controller Nanshan Group Singapore Jul 2016 - Sep 2018 2 years 3 months. 3. 2%, announces divestment of five assets. 099 per SPH share, which represents a 16. And since they are holding 70% of SPH REIT they have a. What is a Chain Offer? The Chain Offer refers to a mandatory cash offer whereby Cuscaden Peak will pay unitholders of SPH REIT a minimum offer price for each unit. The value of Units and the income derived from them, if any, may fall or rise. Resolution #2, which is to re-appoint KPMG LLP as the auditors of SPH REIT to hold office until the conclusion of the next Annual General Meeting of SPH REIT, and to authorise the Manager to fix their renumeration, was passed with 99. Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022. SPH REIT published this content on 16 February 2022 and is solely responsible for the information contained therein. The group holding the most number of shares in the company, around 33% to be precise, is individual investors. 4 million), the real estate investment trust (Reit) said on Thursday. Overview of 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. the Relevant SPH REIT Unit (being 0. SPH REIT adopts a proactive and disciplined capital management approach. The name change will take effect from Jan 3, 2023, onwards. Login with Google. 05 cents. 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. 14. Unlock. The Reit has $1. 02% (or 515,800) of the votes against. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. " SPH is a media organisation whose portfolio also includes properties, broadcasting, and events and. The property was valued at US$210 million as at Dec 31, 2022. 9m SPH shares, valued at S$10m), as well as SPH’s. Acquisition ( SPH buys and incubates the property and SPH REIT uses rights issue, placement and debt to acquire it) The third option looks plausible. 8 million in the fiscal year ended July 31 from SG$92. DPU for the fiscal year 2014 (FY2014) was S$0. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. 596 Keppel REIT units valued at S$0. 99, or 5. The ratio is calculated by dividing the trailing 12 months EBITDA by the trailing 12 months interest. The Reit is sponsored by media and property group SPH. The distribution per unit (DPU) of 1. 3% y-o-y from $3,296. SPH REIT Management Pte. The higher topline results were due to full year. In its regulatory filing furnished to. SPH had in August received a privatisation offer from Keppel at S$2. 1. SPH REIT is not owned by hedge funds. SPH REIT Management Pte. 9640 per unit on 29 April 2022. 5% y-o-y). 798(1) Being the value of 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. For Immediate Release Media Release SPH REIT successfully secures refinancing of S$280 million in a five-year loan 29. 08 last Friday after the Reit announced it had raised $164. 3 mil, which means the distribution to. 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. It is well served by the Hillview MRT station about 250 metres away and a network of public bus services. 782 SPH REIT shares with an indicative value of. About 1. 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. 782 SPH REIT Unit valued at S$0. As of 29 February 2020, SPH REIT has a portfolio of 5 assets across Singapore and Australia. Read more at straitstimes. SPH REIT - SG2G02994595 - SK6U. Date &Time of Broadcast. Dividends Ranking. 72 Singapore cents for the four months ended Dec 31, 2022, unchanged from a year ago. 020 per SPH REIT Unit as at 12 November 2021). Find the latest Paragon REIT (SK6U. Price vs Fair Value. 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. 108 (A slight increase due to the improvement of SPH REIT share price). Distributed by Public, unedited and unaltered, on 13 June 2022 02:52:00 UTC. SPH shareholders will receive cash of S$0. SPH REIT maintained its strong portfolio occupancy rate of 97. The Rail Mall, acquired by then SPH REIT on 28 June 2018, is located along Upper Bukit Timah Road. 86 cents for the period from 24 July 2013 (listing date) to 30 November 2013. 3%, while its peers’ DPU yields have generally recovered to their respective 5-year means. 30 cents was based on income available for distribution for the comparative quarter from 1 September 2013 to 30 November 2013. Based on last Friday's closing prices, the value of Keppel Reits on offer is 71. 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. 1% to SG$157. View real-time stock prices and stock quotes for a full financial overview. Felicia Tan Fri, Apr 29, 2022 • 08:19 AM GMT+08 • 2 min read. 4% q-o-q but down 24. One thing I would like to point out is that the distribution for 1H FY 21 includes the release of approximately S$7. But substantially below the 52-week high of $1. Announcement Details. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook. SPH REIT published this content on 09 June 2022 and is solely responsible for the information contained therein. 0 / 0 %. 3 per cent to 90. 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. Paragon, one of the key malls that's part of SPH REIT's portfolio. 4% in FY18 to 13. To this end, Chua sees SPH REIT trading sideways in the near term as it is bound by a chain offer from SPH's ongoing privatisation exercise. 6% has turned unconditional in all respects, according to a bourse filing on Thursday (Jun 2). Market / ISIN Code: SGX Mainboard / SG2G02994595. Daily Volume & Value Traded includes Ready Market & Off Market transactions. Disclaimer. Distributed by Public , unedited and unaltered, on 25 November 2021 03:09:02 UTC . It operates through the following segments. The offer price translates to a valuation of S$0. Elite Commercial REIT 1HFY2023 DPU falls 24. Company Type For Profit. 782 of an SPH Reit unit through a distribution-in-specie by SPH. Paragon, one of the key malls that's part of SPH REIT's portfolio. Home Guide Guide to Dividend. The tenant sales are positive for both Clementi Mall and Westfield while marginal drop for Paragon. 13. The mall is South Australia’s largest shopping centre spanning c. SK6U fundamental analysis;SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. This offer comprises cash of $0. Apps. The company's portfolio includes Paragon and The Clementi Mall. Payment Of Management Fee (Base Fee) By Way Of Issue Of Units In SPH REIT. 1 file. 12-Jul-2021 18:43:20. 9372 per unit for all units of SPH REIT. Discover historical prices for SK6U. SPH REIT is a real estate investment trust that invests in income-producing retail malls in Singapore and Australia. Chain offer price for SPH REIT. 7% over the past week. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022 Grant Of Award And Notice Of Transfer Of SPH REIT Units Under Performance Unit Award. Cuscaden Peak's offer of up to $2. S. SPH acquires portfolio of five high quality senior independent living properties in Hokkaido, Nara and Tokyo. Distributed by Public , unedited and unaltered, on 21 December 2021 03:39:03 UTC . 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. completed the acquisition of an additional 14. 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. 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. . SPH REIT's Share Price trades at a compelling yield of 6. 13 and S$0. Goola Warden Thu, Apr 14, 2022 • 08:31 PM GMT+08 • 1 min read. 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. 0. Ng has indicated his desire to step down as Director with effect from 1 January 2023. 668, as well as 0. Distributed by Public, unedited and unaltered, on 20 June 2022 03:43:09 UTC. This will bring the number of SPH REIT units to be acquired by the offerer and its. Company Type For Profit. With Keppel REIT and SPH REIT trading at S$1. 0. 44%, according to CGS-CIMB’s estimates. As at 10. 0%. Disclaimer. A physician or nurse practitioner. PRESS RELEASE. Apps. 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. With effect from 3 January 2023, SPH REIT has officially been renamed PARAGON REIT; for more information, please refer to the following announcement. SPH REIT published this content on 24 June 2022 and is solely responsible for the information contained therein. 782 of an SPH Reit unit through a distribution-in-specie by SPH. 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. 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. 782 SPH REIT units for every SPH share held. SPH REIT’s full-year results was a decent one, largely contributed by the fact that in the same time period last year, the REIT’s malls were negatively impacted by the lockdown measures as a result of the fast escalation in the number of. SPH REIT (“SPHR”) is a Singapore-based Real Estate Investment Trust established to invest in real estate for retail purposes. 52K subscribers. com. SPH Reit's DPU in Q1 down 13% to 1. Ltd.