Formed from the merger of 2 Mapletree REITs in August 2022, Mapletree Pan Asia Commercial Trust (SGX: N2IU) invests in retail and/or office properties in key gateway cities in Asia. Currently, its portfolio comprises 17 properties in Singapore, Hong Kong, China, Japan, and South Korea valued at S$15.7 billion. Yesterday (23 January) evening, the Singapore-listed REIT released its results for the 3rd quarter and for the first 9 months of FY2024/25, and in this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its latest distribution payout to unitholders…
Suntec REIT’s 4Q & FY2024 Results Review
Suntec REIT (SGX: T82U) invests in retail and office properties located in Singapore, Australia, and in the United Kingdom. While it boasts a strong portfolio occupancy, its debt profile remains a concern (at least for me). Earlier this evening (23 January), the commercial REIT released its results for the 4th quarter as well as for the full year ended 31 December 2024 (i.e., FY2024). In this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
A Review of Frasers Centrepoint Trust’s 1Q FY2024/25 Business Update
Frasers Centrepoint Trust (SGX: J69U) is a pure-play Singapore REIT, where all of its 9 retail malls and 1 office property are located in the city state. Yesterday (22 January) evening, it has released its business update for 1Q FY2024/25 ended 31 December 2024, and in this post, you will find my review of its latest portfolio occupancy and debt profile…
Mapletree Industrial Trust’s 3Q & 9M FY2024/25 Results Review
Mapletree Industrial Trust (SGX: ME8U), invests in industrial and data centre properties located in Singapore, the United States, and Japan, with a total assets under management of S$9.2 billion. Yesterday (22 January) evening, the Singapore-listed REIT has released its results for the 3rd quarter, as well as for the first 9 months of FY2024/25 ended 31 December 2024, and in this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
Mapletree Logistics Trust’s 3Q & 9M FY2024/25 Results Review
Mapletree Logistics Trust (SGX: M44U), the first Asia-focused logistics REIT back when it was listed on the Singapore Exchange in July 2005, released its results for the 3rd quarter, and for the first 9 months of FY2024/25 ended 31 December 2024 yesterday evening (21 January). In this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
Frasers Centrepoint Trust’s Annual Report for FY2023/24 – Key Highlights to Take Note of
Frasers Centrepoint Trust (SGX: J69U) is a pure-play Singapore REIT with all of its 9 retail malls and 1 office property are located in the country. Following the conclusion of its financial year on 30 September 2024, the REIT has released its annual report on 23 December (apologies for the late update as I was away on vacation then). In this post, you’ll find my summary of its annual report, together with details of its upcoming annual general meeting…
3 Singapore REITs that Invest Solely in European Properties
As of November 2024, the US Federal Reserve have cut interest rates twice (to bring benchmark rates to 4.5-4.75%), while the European Central Bank have cut benchmark borrowings thrice to bring it down to 3.4%. My post today focuses on the latter, where the 3 Singapore-listed, but Europe-based REITs are poised to benefit from lower borrowing costs. Find out what these 3 REITs are in this post, together with more information about each of them, including the assets it invests in, and its latest financial performance, portfolio occupancy and debt profile…
United Hampshire US REIT: What You Need to Know about the Necessity Retail REIT
Last week, I had the privilege of meeting up with Ms. Wong Siew Lu, Head of Investors Relation and Sustainability of United Hampshire US REIT (SGX: ODBU), to gain deeper insights into the REIT. In this post, you will find the essentials you need to know about the US-based REIT – covering its business operations, financial performance, portfolio occupancy, debt profile, and distribution payouts over the 3 full years following its IPO (from FY2021 to FY2023)…
Key Highlights from EC World REIT’s Q3 and 9M FY2024 Results
Distressed China-based, Singapore-listed EC World REIT (SGX: BWCU) released its results for the 3rd quarter, as well as for the first 9 months of FY2024 earlier this evening (12 November). In this post, you will find some of the material developments since the previous quarter, as well as its latest key financial figures, portfolio occupancy, and debt profile…
What I have Learned from CapitaLand Ascott Trust’s Presentation
I had the honour of being invited to a presentation conducted by Ms Serena Teo, CEO of CapitaLand Ascott Trust (SGX: HMN), last Thursday (07 November), where she gave a very detailed presentation on the hospitality REIT’s business update for Q3 FY2024 ended 30 September, as well as its proposed acquisition of lyf Funan Singapore. I was also being shown around the property. In this post, you will find some of the key takeaways from the presentation I have compiled, which I hope will give you a deeper understanding of the REIT…
