S-REIT Pair Trade Idea: Long CLAR SP and SHORT Keppel REIT on Industry Fundamentals
S-REITs have wrapped up their Q4 results and we see divergence in industry fundamentals. We like industrial and retail given stronger...
426 Views
Digital Core REIT Placement - Taking a Turn for the Better After All the Negative News
Digital Core REIT (DCREIT SP) is looking to raise at least US$100m in its primary placement. The proceeds will be used to fund potential...
489 Views
Embassy Office Parks REIT Block - Likely Well Flagged and Overhang Will Be Removed
Blackstone (BX US) is looking to raise around US$834m through a secondary block deal. This will be a clean-up as Blackstone fully exits from...
612 Views
SIA Placement Lockup - Time for Another Trim of Its US$7bn Stake
Temasek raised around US$300m via its secondary selldown in Singapore Airlines (SIA SP) in Jun 2023. The lockup from that placement will expire soon.
677 Views
Mapletree Industrial Trust Placement - Data Centre Exposure Still on the Rise
Mapletree Industrial Trust (MINT SP) is looking to raise at least S$202m (US$150m) in its primary placement. In this note, we'll run the deal...
510 Views