SPH REIT (SGX:SK6U)’s FY21 (Sep 2020 to Aug 2021) revenue rose by 14. On Monday evening (29 March 2021), SPH REIT (SGX:SK6U), with properties in Singapore (namely Paragon, The Clementi Mall, and The Rail Mall) and in Australia (a 85. 58 Singapore cents for the fourth quarter ended August. SPH REIT's Share Price trades at a compelling yield of 6. 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. 7 per cent, said the Reit in a business update on Monday (Feb 13), and puts the DPU. S. Hope to catch a nice uptrending wave for SPH Reit as the price bounces off. Distributed by Public , unedited and unaltered, on 25 November 2021 03:09:02 UTC . Ltd. Asia’s most international, multi-asset exchange, operating securities, fixed income and derivatives markets to the highest regulatory standards. 3 cents) for 1HFY2023 ended June, up 6. 31b, giving it a gearing ratio of 25. 86 cents for the period from 24 July 2013 (listing date) to 30 November 2013. . last Friday (29 October), to acquire all of the issued ordinary shares of SPH for S$2. SPH REIT's inaugural distribution was 1. ) In this post, you'll find an analysis of the REIT's results in terms of its financial performance, portfolio occupancy and debt profile, and its distribution per. Securities Act or otherwise pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or. 9372 is: 3. 1. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. 36 apiece. 5m) from a fund (Australian Prime Property Fund – Retail) which is managed by Lendlease Real Estate. Keppel's final offer of $2. SPH REIT Management Pte. In particular, the units of PARAGON REIT have not been and will not be registered under the U. . CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee have reiterated “add” with an unchanged target price of $1. SPH REIT. SPH REIT’s key asset is the Paragon mall, which enjoyed a 25. 6. LTD. Courier 158 Dunlop Street EastSPH shareholders can choose to receive either $2. S. Platform. Ltd. WITH its offer to acquire Singapore Press Holdings (SPH) having been approved by shareholders of the mainboard-listed property player, Cuscaden Peak has started despatching to shareholders the forms for them to choose between getting all cash or a combination of cash and SPH Reit SK6U units. Join REITirement - SREIT. Data from SPH REIT’s latest disclosure have been updated into the Singapore REITs table. Paragon REIT Units Real Estate Investment Trust. The company is based in Singapore. Kindly feedback to us for any discrepancies in data. Invest at least 75% of total assets in real estate or cash. The higher topline results were due to full year. Follow us on Facebook and join our channel for the latest updates. Disclaimer. SPH Reit's DPU in Q1 down 13% to 1. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 5 cents on Jan 12. FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 748. Disclaimer. , as manager (the “Manager”) of SPH REIT (“SPH REIT”), is making an offering (the “Offering”) of 308,884,000 units representing undivided interests in SPH REIT (“Units”) for subscription at the Offering Price (as defi ned below) (the “Offering Units”). 12-Jul-2021 18:43:20. 209 photos. 3m. 351 comprises 86. 602 cash and 0. 9% in FY19, owing to. SPH REIT maintained its strong portfolio occupancy rate of 97. 28 Jan 2021. Summary. 4K links. Morningstar Rating. 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. "Keppel will hold a remaining stake in SPH REIT and Keppel REIT of. For context, the second largest shareholder holds about 26% of. Disclosure Of Interest/ Changes In Interest Of Trustee-Manager/ Responsible Person - Disclosure Of Interest/Changes In Interest Of The Manager Of SPH REIT. The mall is South Australia’s largest shopping centre spanning c. 602 in cash and 0. This came following the completion of an offer by Cuscaden to take SPH (Singapore Press Holdings) private, which resulted in. The Manager's key objective for SPH REIT is to provide Unitholders with regular and stable distributions, and sustainable long. LTD. The DPU for. 782 SPH REIT units per share. 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. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook. The group holding the most number of shares in the company, around 33% to be precise, is individual investors. SPH REIT (SGX:SK6U) entered into a contract to acquire 50% stake in Westfield Marion Shopping Centre, Adelaide, South Australia from Australian Prime Property Fund Retail managed by Lend Lease Real Estate Investments Limited for AUD 670 million on November 7, 2019. The move will serve to "strengthen the offerings of SPH Media and, in particular, that of The Business Times", the group said in a media release on Wednesday (Nov 1). The part cash part share offer dated 15 Nov 2021 is based on the SPH Reit price of $1. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the U. 602 cash per share plus 0. MORE STORIES. SPH REIT and SPH REIT Management Pte Ltd Announces Resignation of Chua Hwee Song as Non Executive Non Independent Director Jul 07 Cuscaden Peak Pte. A poor SPH REIT does not bode well for them. 6 million for the nine months ended 31 May, an increase of 22% year-on-year. SPH REIT. The change will take effect from Jan 3 at 9am,. SPH REIT’s gearing ratio remains stable at 30. Retail investors net buy S$390 million of S-Reits in H1 2023. On 7th November 2019, SPH REIT announced the acquisition of 50% in Westfield Marion Shopping Centre, Adelaide, South Australia. SPH REIT and SPH REIT Management Pte Ltd Announces Resignation of Chua Hwee Song as Non Executive Non Independent Director. SPH Media to acquire Tech in Asia; no layoffs expected. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 798(1) Being the value of 0. 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. Feb. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Login with PasswordKEPPEL Reit has divested its stake in its Brisbane property for A$275 million (S$277. 4 total based on SPH REIT closing price of S$1. 596 Keppel REIT units and 0. 975), it is valued at $2. 90 Projected DPU Yield = 5. Distributed by Public, unedited and unaltered, on 27 May 2022 09:42:19 UTC. Name) Tay Zheng YuPARAGON REIT is a real estate investment trust that owns and manages prime retail and office properties in Singapore. SPH REIT to merge with MPACT or CICT? Lifetime Membership When SPH shareholders approved the acquisition by Cuscaden Peak on 22 March 2022, the writing was on the wall that SPH REIT would be the next to be acquired. SPH REIT MANAGEMENT PTE. SPH REIT's (SGX:SK6U) top owners are individual investors with 33% stake, while 31% is held by private companies. 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. SPH REIT published this content on 07 June 2022 and is solely responsible for the information contained therein. 36445, not much difference from the all cash offer of $2. . S. 38 cents. 782 SPH REIT shares with an indicative value of. Announcement Title Mandatory Cash Dividend/ Distribution Date &Time of Broadcast 09-Feb-2022 17:36:49 Status New Corporate Action Reference SG220209DVCAYU2P Submitted By (Co. Announcement Title. In particular, the units of PARAGON REIT have not been and will not be registered under the U. This growth was largely driven by a gradual recovery in operating environment but partially offset by an increase in property operating expenses due to higher electricity rates (~+30% y-o-y). 782 units) for each SPH share. SPH Reit, a real estate investment trust, will change its name to Paragon Reit to better reflect its vision and mission in the Asia-Pacific retail landscape. If we remove this S$ 7. 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. Legal Name SPH REIT Management Pte Ltd. Disclaimer. SPH chief executive Alan Chan said: "The special dividend will reward shareholders for their investment in the SPH Group and, through SPH's stake in SPH Reit, they will continue to benefit from the establishment of SPH Reit. The company's market. In particular, the units of PARAGON REIT have not been and will not be registered under the U. Market / ISIN. Platform. SPH REIT (SGX:SK6U)’s 1H22 ending Feb 2022 (FY22) gross revenue grew 1. 44%, according to CGS-CIMB’s estimates. Felicia Tan Fri, Apr 29, 2022 • 08:19 AM GMT+08 • 2 min read. SI), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. 4% stake in SPH REIT (SGX:SK6U) for approximately SGD 380 million. 8% y-o-y to S$277. Read more at straitstimes. 7% from S$0. 6 years. Unlock. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. CI. Chart. 6% improvement in tenant sales for 12MFY2022, in line with a pick up in footfall in the Orchard Road area. LTD. 9640 per unit on 29 April 2022. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. General. (the "Company "), as manager of SPH REIT, wishes to announce that the Company has elected to receive the base fee component of the management fee for the period from 1 March 2021 to 31 May 2021 in the form of units in SPH REIT (the "Base Fee "). 2% y-o-y. Mandatory Cash Dividend/ Distribution. the SPH REIT Chain Offer will not be made unless as a result of the Cuscaden Scheme and the election by SPH Eligible Shareholders for the All Cash Consideration, Cuscaden and its concert parties own 30 per cent. In all, this values SPH at $3. Our data shows SPH REIT has a return on equity of 5. The information behind this electronic gatepost is only being made available to residents of Singapore. 35, while units of SPH Reit ended 0. PARAGON REIT MANAGEMENT is a Subsidiary Company of. Operating Status Active. SPH REIT published this content on 16 February 2022 and is solely responsible for the information contained therein. Paragon REIT engages in the direct and indirect investments on a portfolio of income-producing real estate used primarily for retail purposes. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. The REIT is bound by a chain offer, resulting from its sponsor’s ongoing. Money & Me: First Reit, CapitaLand, Daiwa, Digital Core Reit and the best of the S-Reit pivots (December 2021) Money and Me: VTL’s and hospitality and retail, a new Reit ETF and Making sense of offers for SPH (November 2021)SPH REIT - Units (SPHEF) Dividend Data Stock Data Avg Price Recovery N/A. 2 per cent, at 89 cents on Wednesday. Against the backdrop of global vaccination drives and a gradual recovery in tenants’ sales, SPH REIT’s near-term focus is to maintain healthy occupancy and sustainable rental income in. S. Offeror Cuscaden Peak had received valid acceptances of its chain offer in respect of. Feb. Net asset value per unit as at 31 August 2022 remained stable at. 2% y-o-y) was in line, forming 79% of our 16-month FY22F. 6% has turned unconditional in all respects, according to a bourse filing on Thursday (Jun 2). 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. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. 09% of the Units. 3%, while its peers’ DPU yields have generally recovered to their respective 5-year means. Find out its share. SPH REIT maintained a solid portfolio occupancy rate of 97. SGD 0. 73. 8 million changing hands. SPH REIT has a healthy balance sheet with low gearing. 26 cents) of FY2020 distributable income. Paragon REIT Reports Unchanged DPU of SG$0. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. LTD. 0172 for Four Months to December 2022 Period. $12. Date Of Release Of 2020 Second Quarter Results. Jul 01, 2022 11:47 AM. SPH REIT (SGX:SK6U) announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. 72 cents for SPH REIT units after adjusting for distributions. Singapore Hospitality / Property Development / Aluminium Assistant to CFO Stamford Land Corporation (Hospitality / Property Development). 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. 782 of an SPH Reit unit through a distribution-in-specie by SPH. 02. 0. 1% on a forward basis and below. Thus SPH’s cash and cash equivalent is $312 – $63 x 0. 06 and pre pandemic high of $1. 099 per share, comprising cash of 66. 9% less than the total consideration. ABOUT SPH REIT 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. 12-month FY22 revenue grew 1. Discover historical prices for SK6U. For the full year, gross revenue and net property income (NPI) jumped 7. SPH REIT, in my opinion, is a decently-run REIT that has demonstrated a good track record of NPI and DPU growth. VICTORIA, BC (September 10, 2010) - Partners Real Estate Investment Trust. SPH REIT is trading at ~6% DPU yield, below its 5-year mean of 5. Acquisition ( SPH buys and incubates the property and SPH REIT uses rights issue, placement and debt to acquire it) The third option looks plausible. 86 cents for the period from 24 July 2013 (listing date) to 30 November 2013. Download Telegram About. It is well served by the Hillview MRT station about 250 metres away and a network of public bus services. CapitaLand Ascendas Real Estate Investment Trust. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 2 per cent of SPH Reit having completed its scheme to take SPH private. , as manager of SPH REIT announced that pursuant to the Fourth Amended and Restated Facility Agreement, an incremental facility notice (together with the Facility, the "Aggregate Facilities") was established for a five-year loan of $50 million. Goola Warden Thu, Apr 14, 2022 • 08:31 PM GMT+08 • 1 min read. 596 Keppel REIT units valued at S$0. 975. 6-2% to factor in 2 weeks of mandated rental rebates and lower fees paid in units. PARAGON REIT Announces Distribution for the Period from 1 September 2022 to 31 December 2022, Payable on 28 March 2023. 72 Singapore cents for the four months ended Dec 31, 2022, unchanged from a year ago. 9%, underpinned by higher occupancy at its Singapore assets and recovering tenant sales, while its WALE remains healthy at 5. Ltd. 72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. sg. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. However, when SPH REIT reported its first-half fiscal year 2020 (FY 2020) earnings, it announced that the DPU would be just S$0. Yes the company SPH REIT (SGX:SK6U) pays a quarterly dividend of $0. SPH REIT Commits To Pass On Fully The Property Tax Rebate Granted By The Singapore Government To Tenants Adversely Impacted By COVID-19, And Will Continue To Provide Further Rental Rebates. 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. MT. 2% premium over the one-month volume weighted average price. Feb. communications functions in the SPH Group and sits on several steering and senior management committees. Ltd. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. Distributed by Public, unedited and unaltered, on 15 June 2022 04:02:03 UTC. 3% y-o-y respectively, mainly on contributions from Figtree Grove (Sydney) and full year contribution from Rail Mall. SPH REIT (SGX:SK6U) ’s portfolio occupancy at 98. 099 per share when it was tabled. 3 million. SPH bidding war ‘imminent’: UOB analysts. Consequently, portfolioDisclaimer. 5 per cent, lower at 97 cents. 68 cents for 1H FY2022, increasing by 9. Disclaimer. Ltd. 108 (A slight increase due to the improvement of SPH REIT share price). SPH REIT announced that SPH REIT is changing its financial year end from 31 August to 31 December. 35, while units of SPH Reit ended 0. We know SPH REIT has $63 mil in cash but not sure about Seletar Mall. The group’s newspaper ad revenue YoY decline has increased from 12. 602 in cash and 0. Distributed by Public, unedited and unaltered, on 03 June 2022 03:21:01 UTC. 3. The information behind this electronic gatepost is only being made available to residents of Singapore. Stock XSES Rating as of Nov 17, 2023. 782 of an SPH Reit unit. 995 %. Distributed by Public, unedited and unaltered, on 20 May 2022 02:54:02 UTC. The information behind this electronic gatepost is only being made available to residents of Singapore. 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 2022Stock analysis for PARAGON REIT (SK6U:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. SPH REIT’s Portfolio: With a total of just 2 retail malls during its IPO (Paragon and The Clementi Mall), CEO Ms Susan Leng shared that its portfolio have expanded to 5 malls – with The Rail Mall acquired in June 2018, an 85% stake in the Figtree Grove (in Australia) acquired in December 2018, and a 50% stake in Westfield Marion (in. 1. SPH REIT maintained its strong portfolio occupancy rate of 97. SPH REIT announced full year revenue of S$281. This includes a cash injection of $80 million, $30 million worth of SPH shares and SPH REIT units (Approximately 23. The Reit will be led by its sponsor, Cuscaden Peak Investments, a consortium of tycoons and investors. SPH Reit aims to be a premier retail real estate investment trust with a portfolio of quality income-producing retail properties. Prior to that, shares of SPH closed flat at $2. 0. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. Read more at The Business Times. SPH REIT has a portfolio of five assets in Singapore and Australia. 36. Sph Reit Management Pte Ltd, 1000 Toa Payoh North, News Centre. 782 SPH REIT units for every SPH share held. 2 cents, Business News & Top. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Market / ISIN Code: SGX Mainboard / SG2G02994595. NPI at S$209. The REIT justified its action based on challenging conditions in both their Singapore and Australian malls. 2) 0. 3 Key Takeaways from me on the Rival SPH offer. 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. Blog. 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. 2 billion, Keppel will be offering S$2. 9 per cent. 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. In its upcoming financial release, for which it has yet to confirm the release date, the Reit is expected to report a 16-month. SPH REIT published this content on 13 June 2022 and is solely responsible for the information contained therein. Apps. (iv) TPR and the REIT Manager are subsidiaries of TPPL. Chain offer price for SPH REIT. This will comprise cash of 66. (ii) The REIT Manager owns approximately 4. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments . What this means is that SPH, which owns about 65% of SPH REIT, will transfer. Therefore, the current financial year will be a 16-month period from 1 September 2021 to 31 December 2022. SINGAPORE: SPH Media has entered into an agreement to acquire technology media company Tech in Asia (TIA). The proposed acquisition will be by way of a scheme. Based on its Q3 FY17 report, it has total liabilities of S$922m and total assets of S$3. Improved performance in 1H FY2022 reflecting SPH REIT's resilient portfolio of assets. 782) + Cash ($1. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. 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. 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. The portfolio of SPH REIT comprises the following five quality and well located commercial properties in Singapore and Australia:In short, for every 1,000 SPH shares owned, the shareholder gets $668 in cash, $715 worth of Keppel Reits and $716 worth of SPH Reits. 72 cents per unit, the minimum offer price for SPH Reit. Home Guide Guide to Dividend. Distributed by Public , unedited and unaltered, on 27 December 2021 02:56:04 UTC . Disclaimer. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. SPH REIT published this content on 20 May 2022 and is solely responsible for the information contained therein. SPH REIT continues to manage its assets proactively and work with its various stakeholders to capitalise on the gradual market recovery. #1. Notes. sg. The Rail Mall, acquired by then SPH REIT on 28 June 2018, is located along Upper Bukit Timah Road. . 596 units) and SPH REIT (0. 0. 0172 for Four Months to December 2022 Period. REITirement - SREIT. Announcement Title. SPH REIT is managed by SPH REIT Management Pte. More On This Topic Keppel's privatisation offer for SPH viewed positively. SPH REIT announced a change of financial year-end from 31 Aug to 31 Dec to align with its sponsor, Cuscaden Peak. 08 last Friday after the Reit announced it had raised $164. Disclaimer. , a wholly-owned subsidiary of Singapore Press Holdings Limited. More On This Topic SPH seeks to buy back outstanding $500m of 3. Prior to that, shares of SPH closed flat at $2. 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. As part of the arrangement, the company announced that SPH shareholders will receive consideration of S$2. Platform. 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. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). In addition to the distribution of SPH Reit shares to SPH shareholders amounting to S$1. 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. Note Includes only corporate actions with Ex-Date within upcoming 3 months. Search for stock quotes, share prices, market data and trading information of all equity securities traded on Singapore Exchange. The name change will take effect from Jan 3, 2023, onwards. CGS-CIMB Adjusts Paragon REIT's Price Target to SG$1. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 668, as well as 0. What is the dividend yield of SPH REIT? SPH REIT - SK6U has a dividend yield of 5. 19 Jul 2023. 06:08 Outlook for Reits. 02. , a wholly-owned subsidiary of Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited). The ratio is calculated by dividing the trailing 12 months EBITDA by the trailing 12 months interest. Stock analysis for PARAGON REIT (SPHREIT:SP) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Paragon REIT Reports Unchanged DPU of SG$0. The offer satisfied the minimum acceptance condition of 50 per cent of the issued SPH Reit units as at June 1, making it unconditional in all respects. 4 per cent to. IPO Price = $0. Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022. To put that amount in perspective, SPH is currently trading at S$1. Note Daily OHLC share price according to SGX Ready Market transactions. 3% y-o-y. Based on current share price of SPH Reit ($0. 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. 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. Join. 099 per SPH share, which represents a 16. It is offering each shareholder the option of an all-cash offer of $2. 2m (-2% h-o-h), coming in at 98% of our full-year forecast. Disclaimer. 782 of an SPH Reit unit. 66% for 1H FY2022 with a weighted average term to maturity of 2. 238 million, in a transaction expected to be funded by a combination of debt and internal resources. SPH REIT has a portfolio of five assets in Singapore and Australia. 40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2. Share Price as of: -. SPH REIT, in my opinion, is a decently-run REIT that has demonstrated a good track record of NPI and DPU growth. More On This Topic Keppel's privatisation offer for SPH viewed positively. 1. com. 8 per cent voted against it.