| Latest Forum Topics / Alpha Integrated RE Last:0.49 -- |
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SABANA REIT
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Alignment
Elite |
26-Jul-2026 00:15
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Yes, because they were buying the ESR stake which took their shareholding above the threshold where they had to make a mandatory offer. But if you look deeper, the requirement was to make a mandatory offer of at least the same price as they bought the ESR stake at. However Volare chose not to offer this minimum price, but chose a much higher price than the price they paid for ESR' s stake. This was done because they genuinely wanted to buy more shares rather than just fulfil the mandatory requirement.
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pkli899
Supreme |
24-Jul-2026 14:44
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I don' t think there will be one. Volare was then mandatory required to make the offer.
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Alignment
Elite |
24-Jul-2026 12:02
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Meanwhile 24 August will be the point 6 months after Volare' s previous offer closed. From then onwards Volare will be free to make another privatisation offer at a higher price than the previous one. | ||||
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Joelton
Supreme |
24-Jul-2026 09:39
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Alpha Integrated Reit&rsquo s H1 DPU rises 19.4% to S$0.0203 on higher occupancy and rental reversions Alpha Integrated REIT&rsquo s (AI-REIT) (SGX:M1GU) distribution per unit rose by 19.4% y-o-y to 2.03 cents for 1HFY2026 ended June 30. Gross revenue for 1HYF2026 was up by 5.2% y-o-y to $62.4 million while net property income (NPI) grew by 10.8% to $37.2 million. Meanwhile, total amount declared for distribution increased by 19.4% y-o-y to $22.8 million due to lower financing costs as a result of a more favourable interest rate environment. As at June 30, AI-REIT&rsquo s committed portfolio occupancy improved to 95.0%, up from 85.7% a year ago, driven by strong tenant retention rate of 92.7%. Portfolio average rental reversion was at 10.9%, slightly lower from 12.6% a year ago. According to the manager, AI-REIT&rsquo s new leasing team secured renewals for more than 77% of the leases expiring this year, while engaging tenants on FY2027 lease renewals to support income visibility. At the same time, AI-REIT secured more than 23,000 sqm of new leases secured in 1HFY2026, bringing total leasing activity to over 62,000 sqm during the period. Portfolio&rsquo s weighted average lease expiry (WALE) stood at 2.5 years as at June 30. On the capital management front, AI-REIT&rsquo s aggregate leverage reduced to 34.9% as at June 30, compared to 35.8% a year ago. All-in financing cost was reduced to 3.76% while interest coverage ratio improved to 4.2 times. Following the reporting period, AI-RTI will complete the refinancing of its $75 million loan facilities in July for a further three-year period. The manager says that this refinancing is expected to reduce financing costs while extending its debt maturity from 1.9 years to 2.4 years on a pro forma basis as at June 30. &ldquo Looking ahead, we will continue to actively manage our financing arrangements and evaluate opportunities to optimise our capital structure in support of sustainable long-term value creation for unitholders,&rdquo says Karen Lee, CEO of the manager. &ldquo Building on the strong operational momentum achieved in the first half of the year, and with a stronger balance sheet and an aligned internal management platform, AI-REIT is confident to continue in its mission to deliver sustainable growth and long-term returns for our unitholders,&rdquo adds Bhavik Doshi, chairman of the manager. As at 11.35am, units in AI-RETI were unchanged at 51.5 cents. |
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asianguy
Senior |
23-Jul-2026 19:58
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Very good set of result: KEY HIGHLIGHTS - 1H 2026 DPU increased by 19.4% y-o-y to 2.03 cents - Successfully secured refinancing for the S$75.0 million loan maturing in March 2027 - All-in financing cost reduced to 3.76%1 from 4.13%2 - Healthy aggregate leverage at 34.9% providing debt headroom for portfolio expansion - Interest Coverage Ratio (&ldquo ICR&rdquo ) increased to 4.2x from 3.6x3 - Highest committed occupancy rate achieved in the last 5 years at 95.0% with positive rental reversion of 10.9% - AI-REIT continues to realise benefits from cost efficiencies, strengthened governance, enhanced tenant partnerships and improved unitholder alignment |
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asianguy
Senior |
23-Jul-2026 19:51
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Starting to reap the benefit of internalisation of manager and AEI. More good quarters to come ! Hurray!
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Hzwusr
Member |
23-Jul-2026 09:09
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Congrats to all, DPU at 0.0203 (2.03) cents. | ||||
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Hzwusr
Member |
22-Jul-2026 14:33
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Yesterday hit 0.525. Hold on tight and wait for results tomorrow. All the best to all unit holders, and congrats to those who did not paper hand at 0.48. | ||||
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Hzwusr
Member |
17-Jul-2026 10:01
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Next Thurs 23 July we will know. IMO now most sreits trades above their NAV, 1.2 or 1.3 times. So for this i would think it will inch closer to 0.53 cents to become 1 times book value. Assumes it hits 0.53, based on conservative 0.0183 last payout, it will be 6.9% dividend. If based on adjusted 0.0204 DPU, it will gives 7.6% dividend. | ||||
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pkli899
Supreme |
15-Jul-2026 15:19
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For so long price was staying between .475 to .485. Now that it' s near to results date, price finally broke out. Indication that it' s a very good one? |
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Hzwusr
Member |
15-Jul-2026 12:29
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Assumed it is S$0.0204 DPU over current trade price S$0.505, this will translate to 8% dividend yield.
Results will announce on 23 July. |
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Alignment
Elite |
12-Jul-2026 23:23
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As we are getting close to the DPU payment date the share price should climb everything else being equal because of the accruing distribution. Assuming the share price has half a year of accrued distribution (S$0.0204 a share based on the 4Q pre capital allowance adjustment figure), that implies a clean share price of S$0.48 against which the annualised DPU of S$0.0408 would imply a DPU yield of 8.5%! |
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asianguy
Senior |
10-Jul-2026 19:42
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Finally hitting $0.50 all time high ! This REIT has bright prospects, given the current 7.1% dividend yield ! | ||||
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Hzwusr
Member |
17-Jun-2026 14:55
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Today hit 0.495, clearing 0.50s soon. | ||||
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Alignment
Elite |
15-Jun-2026 14:29
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If this ceasefire is real, should be good for REITs and bad for banks (to pick two examples) everything else equal due to the inflation/interest rate impacts. | ||||
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Hzwusr
Member |
15-Jun-2026 13:04
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Next round of dividend should be announce soon, based on historic payout. Hold tight and hold strong, do not paper hands, still a discount to NAV. | ||||
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Alignment
Elite |
11-Jun-2026 23:52
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Yes I believe you are correct. 300m units pledged to Morgan Stanley to obtain a loan. Presumably these are Volare' s shares. | ||||
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pkli899
Supreme |
11-Jun-2026 15:10
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Can somebody explain what is going on? How Mitsubishi UFJ Financial Group, Inc ended up with 26.667% of Alpha? It was noted no consideration involved in this transaction. 300,000,000 units pledged to Morgan Stanley to obtain a loan? |
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Alignment
Elite |
25-May-2026 20:46
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https://links.sgx.com/1.0.0/corporate-announcements/LX3UXRBM6ALQS1MU/5cfcbee2a29b7efa21e1a0670f4b96e17473b066a2956783d932dafc1edecceb AGM minutes: " it was noted that based on the results for the financial year ended 31 December 2025 and the first-quarter performance, the AIREIT delivered results that exceeded initial expectations." |
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Alignment
Elite |
07-May-2026 21:20
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The strong AIMS APAC REIT results were driven by its Singaporean assets, highlighting in particular how tight the logistics market is in Singapore at present. Re-emphasises that Alpha' s focus on Singapore puts it in a very good place amongst the SGX listed REITs | ||||
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