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Suntec Real Estate Investment Trust (SUNT.SI)

SUNT.SI on Stock Exchange of Singapore

1.85SGD
23 Jun 2017
Change (% chg)

$-0.01 (-0.54%)
Prev Close
$1.86
Open
$1.87
Day's High
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$1.85
Volume
18,663,400
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$1.57

Latest Key Developments (Source: Significant Developments)

Suntec Real Estate Investment Trust says entered into S$600mln facility agreement
Friday, 5 May 2017 06:31am EDT 

May 5 (Reuters) - Suntec Real Estate Investment Trust : :Pdf 1: Ara Trust Management (Suntec) Limited (Entry Into Facility Agreement And Disclosure Pursuant To Rule 704(31) Of The Sgx-st Listing Manual) <<>>.HSBC Institutional Trust Services in its capacity as trustee of Suntec Reit entered into S$600mln facility agreement.Facility agreement entered with various banks to refinance part of its outstanding borrowings.  Full Article

Suntec Real Estate Investment Trust posts Qtrly net property income S$61.8 million
Tuesday, 25 Apr 2017 08:15pm EDT 

April 26 (Reuters) - Suntec Real Estate Investment Trust :1Q FY17 distribution per unit (DPU) of 2.425 cents, 2.3% higher.Qtrly net property income s$61.8 million versus s$54 million.Q1 gross revenue s$88.4 million, up 12.9 percent.Distributable income for period 1 January to 31 March 2017 S$61.8 million , up 3.1%.  Full Article

Suntec Real Estate Investment appoints Chan Kong Leong as CEO
Friday, 2 Dec 2016 04:23am EST 

Suntec Real Estate Investment Trust : Retirement of Yeo See Kiat as chief executive officer and executive director of manager with effect from 31 december 2016 .Appointment of Chan Kong Leong as chief executive officer.  Full Article

Suntec Real Estate Investment Trust acquires interest in Southgate Complex
Friday, 5 Aug 2016 08:15am EDT 

Suntec Real Estate Investment Trust : Acquisition of an interest in southgate complex, Melbourne) . Purchase consideration payable by southgate trust for tranche a is A$289.0 million . Estimated total cost of the acquisition for Suntec reit is approximately A$154.9 million . Pursuant to contract for sale, southgate trust will acquire from dexus trust, a 50% interest in the property . Total acquisition cost will be fully funded by debt or debt capital market instruments . Suntec reit, through southgate trust entered into a contract for sale with perpetual trustee company ltd .  Full Article

Suntec Real Estate Investment Trust says net property income of S$ 52.7 mln vs S$ 56.9 mln
Thursday, 21 Jul 2016 05:30am EDT 

Suntec Real Estate Investment Trust : Qtrly net property income of s$ 52.7 million versus s$ 56.9 million . Qtrly gross revenue of s$ 78.9 million versus s$ 81.4 million . Qtrly distribution per unit of 2.501 cents . For the office portfolio, Suntec city office committed occupancy improved to 98.1% as at 30 June 2016 . Expects the retail contribution from Suntec city to remain stable" .  Full Article

Suntec Real Estate Investment Trust updates on proposed acquisition of strata floors in Suntec Tower Two
Wednesday, 4 Nov 2015 05:54am EST 

Suntec Real Estate Investment Trust:Proposed acquisition and leaseback of strata floors in Suntec Tower Two.Total acquisition outlay is estimated to be approximately S$105.7 million.Entered into a sale and purchase agreement with Maybank Kim Eng Properties Pte. Ltd.Says acquisition is expected to generate a net property income yield of approximately 3.9%.  Full Article

Suntec Real Estate Investment Trust says unit launched S$105 mln 2.83 pct notes
Tuesday, 3 Nov 2015 03:03am EST 

Suntec Real Estate Investment Trust:Suntec Reit Mtn Pte. Ltd launched and priced the s$105 million 2.83 per cent. notes due 2018.Notes will be issued at an issue price of 100 per cent. of their principal amount and in denominations of s$250,000.Net proceeds from the issue of the notes will be used for refinancing the group's existing borrowings.  Full Article

Suntec Real Estate Investment Trust Announces distribution
Thursday, 23 Jul 2015 05:20am EDT 

Suntec Real Estate Investment Trust:Announced a distribution of 2.500 cents per unit in Suntec REIT for the period of 1 April 2015 to 30 June 2015, comprising a taxable income component of 2.014 cents per unit, a tax-exempt income component of 0.247 cents per unit and a capital distribution of 0.239 cents per unit.Distribution that will be paid on Aug 26.  Full Article

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