Author: Triple Huat

Four major events to look out for in 2018

Happy 2018! It has been a hiatus since our last few posts. At every stage of our lives, things evolves which requires more of our attention. Nonetheless, triplehuat would like to wish all readers a blissful, peaceful and bullish 2018! Huat ah!! As announced by PM Lee yesterday, Singapore’s economy performed better than expected by growing 3.5%, more than double the initial forecast. This is good news for the country as we continue to ride on the global economic upswing. As evident, the prospects for 2018 seems promising and likely to be rosier than past years. How true can...

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EzHuat’s take on Viva Industrial Trust Q2 results

Viva Industrial Trust (‘VIT’) is a Singapore-focused business park and industrial real estate investment trust. Its portfolio focuses predominantly on business parks and industrial properties in Singapore. Here is a summary of the Q2 report card: (i) Distribution Per Unit (DPU) achieved a 6.3% hike to 1.861 Singapore cents. (ii) VIT’s gross revenue also grew 18.0% to $27.6m, partly driven by a $2.3m increase in contributions from Viva Business Park (VBP) and a $1.9m contribution from the Chin Bee acquisition. (iii) Its Net Property Income (NPI) rose 17.5% to $20.2m from a year ago. (iv) Occupancy at VIT’s Jackson...

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