Mapletree Ind Tr Financial Results Ending 31 Mar 2017

“MIT delivered higher DPU in FY16/17 amid the uncertain business environment as all property segments registered higher rental rates coupled with initial contribution from Phase One of the BTS development for Hewlett-Packard and lower property expenses. We expect the Hi-Tech Buildings segment to be a significant growth driver as we progressively complete development projects including the recently announced BTS data centre which has commenced construction.”

Mr Tham Kuo Wei, Chief Executive Officer

  • 2.88 cents (4Q ending 31 Mar 2017)

Read more

CapitaR China Tr Financial Results Ending 31 Mar 2017

“For 1Q 2017, China’s economy expanded 6.9% and retail sales grew 10.0%. This was in line with the Chinese government’s commitment to achieve stable growth and steer the economy towards a consumer-driven model. Against this backdrop, CRCT’s family-oriented shopping malls are well-positioned to benefit from the sustained increase in China’s domestic consumption.”

Mr Soh Kim Soon, Chairman

  • 2.74 cents (1Q 2017)

Read more

Ascott Reit Financial Results Ending 31 Mar 2017

“Ascott Reit remains focused on providing Unitholders with stable returns and are constantly on the lookout for quality assets to enhance our portfolio. Sheraton Tribeca New York Hotel, which we acquired last year, continues to achieve above 90% occupancy. Ascott Reit’s recent successful rights issue was 182% oversubscribed. We will use the proceeds to acquire Citadines City Centre Frankfurt, Ascott Reit’s first property in the city, Citadines Michel Hamburg, and Ascott Orchard Singapore. These properties are expected to further strengthen Ascott Reit’s portfolio, increase our earnings base, and give us stable income through master leases.”

Mr Bob Tan, Chairman

  • 1.51 cents (1Q 2017)

Read more

Cache Logistics Trust Financial Results Ending 31 Mar 2017

“Our focus in FY2017 is on improving operating performance in the Singapore portfolio wherever possible in view of the acute oversupply in the market and industry headwinds. As we have articulated to investors, we intend to continue with our portfolio rebalancing and growth strategy to grow and diversify our revenue contributions outside of Singapore. We are proud of our presence in Australia which contributes approximately 15.0% and 22.2% of gross revenue and gross floor area currently.”

Mr Daniel Cerf, Chief Executive Officer

  • 1.8 cents (1Q 2017)

Read more

CapitaMall Trust Financial Results Ending 31 Mar 2017

“Against a backdrop of global uncertainties and subdued business sentiment, CMT continues to deliver stable financial returns to unitholders. Underpinned by the consistent performance of CMT’s underlying portfolio, distribution per unit in 1Q 2017 held steady compared with a year ago, despite the closure of Funan for redevelopment. As at 31 March 2017, CMT’s portfolio occupancy remained high at 97.7%.”

Mr Wilson Tan, CEO

  • 2.73 cents (1Q 2017). XD 28 Apr 2017.

Read more

Pin It on Pinterest