Here’s how the real estate investment trust (REIT) markets performed across Asia Pacific on Thursday, 21 May 2020.
Arena REIT(ARF) shares jumped 2.83% to A$2.18 after the company announced its entire portfolio was still open and trading, and expected to pay a dividend in the range of 6.75 and 6.85 cents per share for the second half of FY20.
The largest swings went to Waypoint REIT (WPR), formerly Viva Energy REIT (VEA), with shares up 3.39% to A$2.44, and Unibail-Rodamco-Westfield (URW), which fell a further 4.34% to A$3.75.
The S&P/ASX 200 A-REIT Index traded sideways, up just 0.02% to 1,182.5, while the S&P/ASX 200 Index dipped 0.41% to 5,550.40.
J-REITs moved against the wider market, with the Tokyo Stock Exchange REIT Index up 0.25% to 1,614.62, and the Nikkei 225 Index down 0.21% to 20,552.31.
Daiwa House REIT Investment Corp. (8984) said it would issue a JPY 5bn package of ‘green’ investment corporation bonds to pay back JPY 5bn in short-term financing, according to a statement. The company’s share price closed 0.30% lower at JPY 261,800.
Keppel DC REIT (AJBU) acquired its tenant at a data centre in the Netherlands for €1 to maintain a direct relationship with the sub-tenant, according to a stock exchange filing. The company’s shares closed 1.65% lower at S$2.39.
Frasers Centrepoint Trust (J69U) stocks recorded the biggest rise, up 4.19% to S$2.24, while Ascendas India Trust (CY6U) shares fell 2.17% to S$1.35.
The FTSE ST Real Estate Investment Trusts Index finished the day unchanged, down 0.02% at 774.79, while the FTSE Straits Times Index closed 0.19% lower at 2,557.03.
The Hang Seng REIT Index edged 0.92% lower to 5,850.44, while the Hang Seng Index dipped 0.49% to 24,280.03.
The FTSE Bursa Malaysia KLCI Index climbed 1.18% to 1,452.11.
In New Zealand, Kiwi Property Group Ltd. (KPG) shares were up 4.44% to NZ$0.94, while Goodman Property Trust (GMT) was down 1.52% to NZ$2.27.
Learn more about Asia Pacific REITs:
|REITS in Australia||REITs in Thailand|
|REITs in Japan||REITs in Taiwan|
|REITs in Singapore||REITs in Korea|
|REITs in Hong Kong||REITs in New Zealand|
|REITs in Malaysia||REITs in India|