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RIP Betty White

on January 02, 2022

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Thanks for the comedic gems...

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CICT's Gallileo property, the English Theatre Frankfurt and Commerzbank

Capita Land Integrated Commercial Trust's (CICT) property in Frankfurt (Germany), Gallileo, is at the centre of a kerfuffle between a theater company, German government ministries and Commerzbank. What is the Gallileo? This is a freehold Grade A commercial property, in the prime Central Business District (CBD) of Frankfurt, Germany. It was acquired at an agreed property value of €356.0 million (approximately S$569.6 million) (on 100% basis). CCT (as CICT was known pre-merger of Capitaland and Ascendas) will hold a 94.9% stake and CapitaLand will hold the remaining 5.1% stake in the Gallileo property through a special purpose vehicle. The main tenant is Commerzbank, one of Germany's biggest bank, leasing 100% of the property. They came to be the main tenant because they took over Dresdner bank in 2009. Building of the Gallileo started in 1999 and ended 2003. According to the old slides in 2018 at the time of CICT's acquisition , " Commerzbank AG's lease expires in

Upcoming SGX REIT results announcements for 3Q

The SGX published a s chedule of upcoming REIT results announcement dates . The table is in picture format and isn't too friendly for copy and pasting. Here is the same list in a table format. Feel free to copy and paste them into your Google calendar or other calendars, to keep track. Name Ticker Date of release Time of release Type Period Mapletree Log Tr M44U Oct 24, 2023 After Market Financial Results Half Year Far East HTrust Q5T Oct 25, 2035 Before Market Business Update 3rd Quarter Frasers Cpt Tr J69U Oct 25, 2035 Before Market Financial Results Full Year Mapletree Ind Tr ME8U Oct 25, 2035 After Market Financial Results Half Year CapLand India T CY6U Oct 26, 2023 After Market Business Update 3rd Quarter CapLand IntCom T C38U Oct 26, 2023 Before Market Business Update 3rd Quarter DigiCore Reit USD DCRU Oct 26, 2023 After Market Business Update 3rd Quarter Mapletree PanAsia Com Tr N2IU Oct 26, 2023 After Market Financial Results Half Year CapLand Ascendas REIT A17U Oct 27, 202

ICYMI: Capitaland China Trust dialogue with shareholders

The Securities Investment Association of Singapore (SIAS) is organizing a dialogue with the CEO of Capitaland China Trust Mr Tan Tze Wooi. Date: 26 September 2023 Time: 7pm to 8pm Format: via Zoom Sign up here . The information provided on this finance blog is for educational and informational purposes only and should not be construed as financial or investment advice. You should always do your own research and due diligence before making any investment decisions. Any reliance you place on the information provided is strictly at your own risk. I will not be liable for any losses or damages that may arise from your use of the information provided on this blog. Remember, investing involves risks and there is no guarantee that any investment will achieve its objectives or that any investment strategy will be successful. Always consult with a licensed financial professional before making any investment decisions.

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RIP Betty White

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