U.S. stock futures surged Monday night as optimism grew over possible progress in U.S.-Iran peace talks and oil prices fell sharply. Dow futures jumped 441 points (+0.9%), while S&P 500 and Nasdaq-100 futures rose 0.9% and 1.2%-1.3%, respectively. President Donald Trump said negotiations with Iran were “proceeding nicely,” though he warned military action could resume if talks fail. Crude oil reacted strongly, with West Texas Intermediate prices dropping about 6%, helping extend the recent stock market rally.

Singapore-listed REITs (S-Reits) continue to attract investors mainly for their stable rental income and dividend distributions, especially amid changing interest rates and funding costs. Investor focus remains on occupancy, rental growth, lease visibility, and predictable income streams. Retail investors have significantly increased buying activity in 2026, with net retail inflows reaching about S$925 million by May 21 — roughly double 2025 levels. Much of the buying targeted underperforming REITs seen as potential rebound opportunities, while some purchases reflected confidence in improving fundamentals such as occupancy and leasing momentum.
Several REITs highlighted positive operational trends:
UI Boustead Reit improved occupancy to 92.2% through new leases and expanded into Japan logistics assets for income diversification.
Daiwa House Logistics Trust benefits from long lease expiries and stable logistics demand.
CapitaLand India Trust and CapitaLand Ascendas Reit continue to see leasing and occupancy support.
Mapletree Industrial Trust benefits from demand for data centres and high-spec industrial assets.
Keppel Reit and Lendlease Global Commercial Reit are improving assets and leasing performance.
Parkway Life Reit maintains stable healthcare-related rental income supported by ageing demographics.
Overall, the S-Reit market remains diversified across logistics, industrial, office, retail, healthcare, hospitality, and data centres, supported by recurring distributions, transparency, liquidity, and active investor engagement.

FLCT to acquire four logistics and industrial properties in Europe for about €294.9 million

Global Resource Construction’s subsidiary wins $95.7 mil civil engineering works contract

VinFast names founder’s son chairman amid losses, US setbacks

SATS earnings up 17% y-o-y to $285.2 mil for FY2026; declares final dividend of 5 cents

Aspial Lifestyle’s $60 mil private placement attracts institutional investors including JPMorgan and Value Partners

Geo Energy expects ‘further clarity’ on Indonesia’s proposed plan on centralised control of commodity exports

Mapletree Industrial Trust’s proposed divestment in the US is at a premium to valuation

EuroSports Global to raise more than $1.9 mil placing out new shares at 7.5 cents each

Jardine Matheson buys Australia-based diagnostic chain at enterprise value of A$3.4 bil

Boustead more than doubles H2 profit to S$197.7 million

CDL’s Singapore property sales fall to S$609.6 million in Q1, global hotel RevPAR rises 4.3%

Boustead more than doubles H2 profit to S$197.7 million
The board has proposed a final ordinary dividend of S$0.04 a share and a special dividend of S$0.045 a share, subject to shareholders’ approval. Both dividends may be taken in cash and/or scrip.
Including the interim dividend of S$0.015 a share that has already been paid, total dividends for FY2026 amount to S$0.10 a share, up from S$0.075 for FY2025.

Frasers Logistics & Commercial Trust grows presence in Europe with 4 property acquisitions. This represents a 1.5 per cent discount to their appraised value and a 0.9 per cent discount to the average of two independent valuations for each property.

Several major Malaysian companies reported mixed quarterly results, with cost controls, one-off gains, and sector-specific challenges shaping earnings. Axiata Group posted a 71% jump in 1Q net profit to RM273.8 million despite weaker revenue, thanks to lower costs. MISC saw profit rise 5% to RM741.4 million, supported by ship disposal gains and stronger associate contributions, while declaring an 8 sen dividend. Sime Darby more than tripled earnings to RM654 million due to a RM434 million land sale gain.

In contrast, British American Tobacco Malaysia recorded its first quarterly loss of RM35.15 million as revenue halved amid illicit trade and retail display ban costs, while Inari Amertron saw profits nearly halve because of weaker RF segment demand and forex losses.

Meanwhile, growth stories included ITMAX System, whose profit rose 24% on smart city rollouts, and Gamuda, whose Australian renewable energy projects secured government-backed support with a 15-year revenue safety net.

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