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SGX:J91U

7 stories mentioning SGX:J91UUpdated 8d ago

Every FINWIRES story that references SGX:J91U, newest first.

Asia

ESR REIT's DPU Up 2.4% in H1

ESR REIT (SGX:J91U) distribution per unit or DPU was up 2.4% during the first half of the year to SG$0.1151 from SG$0.11239 a year earlier, according to a Tuesday filing with the Singapore Exchange.Amount available for distribution rose 3.2% to SG$93 million from SG$90.1 million.Net property income fell 2.2% to SG$162.7 million compared with SG$166.3 million in the year-ago period.Gross revenue edged down 0.3% year over year to SG$222.3 million from SG$222.9 million.

SGX:J91U
Asia

ESR REIT to Divest Ang Mo Kio Industrial Building for SG$33.3 Million

ESR REIT (SGX:J91U) has agreed to divest the Ang Mo Ko Industrial building in Singapore for SG$33.3 million, according to a Tuesday filing with the Singapore Exchange.The divestment of the property, which has a gross floor area of 16,754 square meters, is expected to complete in the third quarter of the year.Net proceeds from the disposal will be used to repay debt, fund acquisitions and asset enhancement initiatives.

SGX:J91U
Asia

Singapore Shares Close Higher Despite AI Concerns Linger

Singapore shares closed in the green on Friday despite broader regional losses as investors remained skeptical over potential returns from the spending on AI stocks.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,539.54 and 5,588.34 throughout the day. It ended the session at 5,588.34, up 6.58 points or 0.1% compared to Thursday's close.On the corporate front, shares of Centurion (SGX:OU8) were down nearly 2% at the close as its subsidiary, Westlite Juniper (Mandai), accepted an offer from JTC Corp. to extend the tenancy of premises at 1A Tuas Avenue 2 Dormitory in Singapore.ESR REIT (SGX:J91U) agreed to acquire a 100% stake in a freehold logistics property located in Melbourne, Australia, for AU$52.5 million.Meanwhile, HG Metal Manufacturing (SGX:BTG), along with unnamed joint venture partners, submitted a tender called by Singapore's National Environment Agency for the development and operation of a metal recovery facility.

^STISGX:BTGSGX:J91USGX:OU8
Asia

ESR REIT to Acquire Australian Logistics Asset for AU$53 Million

ESR REIT (SGX:J91U) agreed to acquire a 100% stake in a freehold logistics property located in Melbourne, Australia, for AU$52.5 million, according to a Thursday filing with the Singapore Exchange.The property has a gross lettable area of around 23,229 square meters and a 100% occupancy rate.The property is currently leased out to a government-backed company, HealthShare Victoria.The manager will fund the acquisition through property divestments and debt financing, with the acquisition expected to conclude during the third quarter.

SGX:J91U
Asia

Singapore Shares Extend Gains as Tech Rally Drives Surge

Singapore shares extended gains on Wednesday, despite mixed regional gains as investors remained bullish on technology and AI stocks.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,323.33 and 5,414.84 throughout the day. It ended the session at 5,369.57, up 27.33 points or 0.5% compared to Tuesday's close.On the corporate front, Avarga (SGX:X5N) closed under 1% higher as it received an approval from the Singapore High Court to convene a scheme meeting for shareholders to vote on the proposed scheme of arrangement.Beng Kuna Marine (SGX:BEZ) units, Asian Sealand Offshore & Marine subsidiary bagged new contracts in the first half of the year.Meanwhile, ESR REIT (SGX:J91U) signed sales and purchase agreements to acquire five institutional grade freehold logistics properties in Melbourne, Australia, for AU$276.8 million.

^STISGX:BEZSGX:J91USGX:X5N
Asia

ESR REIT Completes Divestment of Property for SG$114 Million

ESR REIT (SGX:J91U) completed the divestment of 46ATP Property for SG$113.5 million, according to a Tuesday filing with the Singapore Exchange.Following the divestment, the REIT's portfolio comprises 62 properties across Singapore, Japan and Australia.

SGX:J91U
Asia

ESR REIT's Distributable Income Up 1.4% in Q1

ESR REIT's (SGX:J91U) distributable income rose by 1.4% in the first quarter to SG$44.8 million from SG$44.2 million a year earlier, according to a filing with the Singapore Exchange on Friday.Net property income declined by 2.3% to SG$80.6 million from SG$82.5 million in the year-ago period.Gross revenue edged down 0.4% year over year to SG$110.1 million from SG$110.5 million, following the divestment of two non-core assets in 2025.The REIT reported an occupancy of 91.3% during the period.

SGX:J91U

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