Real Estate Investment Trusts (REITs)

What You Need to Know about EC World REIT’s Q3 and 9M FY2022 Results

China-based e-commerce and port logistics REIT in EC World REIT (SGX:BWCU), with 7 properties in its portfolio, have released its results for the 3rd quarter, as well as for the first 9 months of the financial year 2022 ended 30 September 2022 after market hours yesterday (09 November 2022.) As a unitholder of the REIT, I have studied the documents posted and in this post, you’ll find my review of its latest financial results, portfolio occupancy and debt profile, as well as its distribution payout to unitholders for the current period under review…

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Key Aspects from CapitaLand Ascendas REIT’s Q3 FY2022 Business Update to Take Note of

CapitaLand Ascendas REIT (SGX:A17U), with a total of 230 properties in its portfolio and total assets under management of approximately S$16.5 billion, reported its business update for the third quarter of FY2022 ended 30 September 2022 shortly after market hours this evening (31 October 2022.) As the REIT have switched to half yearly reporting of its financial results, it only reported its portfolio occupancy and debt profile this time round, both of which you’ll read about in this post, along with my thoughts about them…

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My Review of Mapletree Pan Asia Commercial Trust’s Results for 1H FY2022/23

Mapletree Pan Asia Commercial Trust (SGX:N2IU) is the last of the 3 listed Mapletree REITs to release its financial results for the first half of the financial year 2022/23 ended 30 September 2022 after market hours yesterday (27 October 2022.) This is the first time the enlarged REIT have released its financial results following its merger with Mapletree North Asia Commercial Trust in August 2022 and renamed (from Mapletree Commercial Trust.) In this post, I’ll be reviewing its latest financial results, how the REIT’s portfolio occupancy and debt profile have been affected (positively and/or negatively) from the merger, and also its distribution payout to unitholders for the period under review (i.e. 1H FY2022/23)…

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Mapletree Industrial Trust’s Q2 and 1H FY2022/23 Results – My Review

Industrial and data centre REIT in Mapletree Industrial Trust (SGX:ME8U) have released its financial results for the second quarter, as well as for the first half of the financial year 2022/23 ended 30 September 2022 yesterday evening (26 October 2022.) As a unitholder of the blue-chip REIT, I have studied its latest set of results and in this post, you’ll find my review of its financial performance, portfolio and debt profile, along with its distribution payout declared for the current quarter under review…

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Key Highlights of Keppel DC REIT’s Q3 FY2022 Business Update

Keppel DC REIT (SGX:AJBU), Singapore’s first pure-play data centre REIT with a total of 23 data centre properties in its portfolio at the time of writing, have released its business updates for the 3rd quarter of FY2022 ended 30 September 2022 after market hours yesterday (26 October 2022.) In this post, you’ll find my review of the REIT’s latest set of financial figures, as well as its portfolio occupancy and debt profile…

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What You Need to Know about Suntec REIT’s Q3 FY2022 Business Update

Suntec REIT (SGX:T82U), whose portfolio comprises of retail and office properties in Singapore, Australia, and the United Kingdom worth a total of S$12.1bn at the time of writing, have made available its business update for the third quarter of FY2022 (ended 30 September 2022) early this morning (26 October 2022.) In this post, you’ll read about my review on the REIT’s latest set of financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…

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Frasers Centrepoint Trust’s 2H and Full-Year Results for FY2021/22 – What You Need to Know

Early this morning (26 October 2022), Frasers Centrepoint Trust (SGX:J69U) – a predominantly suburban retail mall REIT with a total of 9 retail mall properties and 1 commercial property, released its results for the 2nd half, as well as for the full year ended 30 September 2022 (i.e. FY2021/22.) In this post, you’ll find my review on the REIT’s latest set of financial results, portfolio occupancy and debt profile, as well as its distribution payout declared to its unitholders…

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Key Aspects from Mapletree Logistics Trust’s Q2 and 1H FY2022/23 Results to Take Note of

Mapletree Logistics Trust (SGX:M44U), whose portfolio comprises of 186 logistics properties in 9 countries, and a total assets under management of S$12.9bn, have made available its financial results for the second quarter, as well as for the first half of the financial year 2022/23 ended 30 September 2022 after market hours this evening (25 October 2022.) In this post, you’ll find key aspects (along with my review) about the logistics REIT’s latest financial results, portfolio occupancy and debt profile, as well as its distribution payout to unitholders declared for the current period under review…

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My Review of CapitaLand Integrated Commercial Trust’s Q3 FY2022 Business Update

With a total of 26 retail, office, and integrated development properties in Singapore, Australia, and Germany, CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, is the first REIT in my long-term investment portfolio to have made available its results for the 3rd quarter of FY2022 after market hours last Friday (21 October 2022.) In this post, you will find my review of the REIT’s financial performance (as this is the 3rd quarter, the REIT only reported a snippet of its financial results), along with its portfolio occupancy and debt profile…

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7 Blue Chip REITs, Current Headwinds, and My Thoughts

Singapore-listed REITs (or S-REITS for short) have been sold down in recent months mainly due to fears of interest rate hikes impacting the sustainability of distribution payouts, and also for their lack of acquisitions (due to higher funding costs and current economic headwinds) potentially hurting revenue growth. In today’s post, you’ll find the 7 REITs in Singapore’s blue-chip Straits Times Index (STI), their current distribution yield (based on payouts in the latest financial year), along with my thoughts about the current headwinds facing the REITs…

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