Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the first-ever certificate of Shariah compliance to two Estate Investment Trusts (REITs), namely Signature Residency REIT and Rahat Residency…
LONDON: SEGRO plc, a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property, has exchanged contracts to sell a…
LONDON: NewRiver REIT has completed the acquisition of Sprucefield Retail Park, Lisburn from Intu Properties plc for £40 million. The acquisition will generate an additional £3.7 million of annualised Net…
LONDON: Target Healthcare has agreed to the acquisition of eight care homes and 31 retirement apartments, in four separate transactions, for a total consideration of £81.3 million including transaction costs.…
SINGAPORE: Singapore Exchange (SGX) has welcomed Lendlease Global Commercial REIT to its Mainboard under the stock code “JYEU”. Lendlease Global Commercial REIT opened at S$0.935 Wednesday. Lendlease Global Commercial REIT…
SINGAPORE: Manulife US Real Estate Investment Trust (MUST), the first pure-play U.S. office REIT listed in Asia, announced that MUST, through its indirect wholly owned subsidiary, has entered into a…
LONDON: Further to the Company’s £200 million equity issue announced on 13 June, the Board of Directors of LXi REIT, the specialist inflation-protected long income REIT, made certain acquisitions for…
SINGAPORE: Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust (CEREIT), has entered into agreements to acquire three freehold properties in France and three freehold…
EDINBURGH, UK: Sigma Capital Group, residential development and urban regeneration specialist, has launched the Sigma Scottish private rented sector (PRS) Fund, with investment from the Scottish Government’s Building Scotland Fund.Sigma’s…
SINGAPORE: Derivatives volume hit record high during first quarter of 2019 at Singapore Exchange (SGX), reaching daily average volume of more than 1 million contracts per quarter for the first…
SINGAPORE: The respective managers of OUE Commercial REIT and OUE Hospitality Trust jointly announced the proposed merger of OUEC-REIT and OUEC-Trust. Tan Shu Lin, Chief Executive Officer of OUE C-REIT’s…
ISLAMABAD: In continuation of its efforts to foster growth of real estate investment trusts (REITs), the SECP has revamped regulatory framework by introducing significant amendments to the Real Estate Investment…