Real Estate Investment Trusts (REITs)

A Summary of SPH REIT’s AGM for FY2020/21

Earlier this afternoon, I attended SPH REIT’s (SGX:SK6U) latest annual general meeting for the financial year 2020/21 ended 31 August 2021 to seek out the latest updates from its management. For the benefit of those who did not manage to attend the meeting, I’ve summarised the most important points to take note of in this post. On top of that, you’ll also find results of the 3 resolutions put to vote during the meeting…

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SIAS-Keppel DC REIT Virtual Dialogue Session for the Proposed Investment in NetCo Bonds and Preference Shares – My Summary

SIAS conducted a virtual dialogue session yesterday evening (22 November 2021) with the management of Keppel DC REIT to discuss about its upcoming proposed transaction to invest in NetCo’s bonds and preference shares. Also, unitholders who attended the meeting were able to seek any clarifications they may have directly with the REIT’s management. In this post, you’ll find a list of questions raised during the session, together with responses provided by the REIT’s CEO and CFO…

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What will be the Impact of Impending Interest Rate Hikes on S-REITs?

A couple of days ago, a friend of mine asked for my thoughts about the impact of interest rate hikes on S-REITs, along with the impact on their unit prices. I felt that the question was an interesting one, and possibly one where my readers would also like me to cast some light on. As such, I’ve decided to pen down my response to the question in this post, which I hope you’ll find useful…

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What You Need to Know about Keppel DC REIT’s Proposed Transaction of NetCo’s Bonds and Preference Shares (and EGM Details)

Yesterday evening, data centre REIT in Keppel DC REIT (SGX:AJBU) released details about its upcoming EGM to seek unitholders’ approval on the proposed transaction where they will be subscribing to the bonds and preference shares issued by NetCo (a company established by M1 to own its mobile, fixed, and fibre assets.) In this post, I attempt to explain the transaction in layman terms (as best as I can) – which I hope will be able to help fellow unitholders better understand what the entire transaction is about. You’ll also find details about its upcoming EGM (along with information on how you can sign up to attend if you are a unitholder of the REIT…)

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A Summary of SPH REIT’s Annual Report for FY2020/21

SPH REIT (SGX:SK6U), whose portfolio consists of 5 retail malls (3 in Singapore, and 2 in Australia), released its latest annual report for the financial year 2020/21 ended 31 August 2021, along with notice of its upcoming AGM last Wednesday (27 October 2021.) For the benefit of those who do not have time to go through the entire report, I have compiled a summary containing the most important pointers to take note of in this post, along with details about its upcoming AGM, and my thoughts about the REIT’s latest financial year performance and outlook ahead…

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My Review (and Thoughts) on EC World REIT’s Q3 FY2021 Results

EC World REIT (SGX:BWCU), with its portfolio consisting of 8 logistics properties all located in China, have released its Q3 and 9M FY2021 results after market hours this evening. As a unitholder of the China-based REIT, I have studied the documents posted with interest and in this post, you’ll find a review (along with my thoughts) about its latest set of financial results, portfolio occupancy and debt profile, as well as distribution payouts declared this time round…

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A Summary (and My Thoughts) about Mapletree North Asia Commercial Trust’s 1H FY2021/22 Results

The final Mapletree REIT – in Mapletree North Asia Commercial Trust (SGX:RW0U), have released its financial results for the second quarter, as well as for the first half of the financial year 2020/21 ended 30 September 2021 after market hours last Thursday (28 October 2021.) In this post, you will find a summary, along with my thoughts as a unitholder, about the REIT’s latest set of financial results, as well as its portfolio occupancy and debt profile, and also its distribution payout declared for unitholders for the period under review…

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What You Need to Know about Mapletree Commercial Trust’s 1H FY2021/22 Results

Blue-chip retail, office, and business park REIT Mapletree Commercial Trust (SGX:N2IU) released its financial results for the first half of the financial year 2021/22 ended 30 September 2021 after market hours this evening. In this post, you will read about my review of its latest set of financial results, portfolio occupancy and debt profile, and also its distribution payout to unitholders…

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Frasers Centrepoint Trust’s 2H and Full-Year Results for 2020/21 – My Review

This morning, Frasers Centrepoint Trust (SGX:J69U), with 9 retail properties and 1 office property all located in heartland areas in Singapore, released its financial results for the second half, as well as for the full-year ended 30 September 2021 (FY2020/21.) In this post, you will read about my review of the REIT’s latest set of results in terms of its financial performance, portfolio occupancy and debt profile, and distribution payout to unitholders…

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A Summary of Mapletree Industrial Trust’s Q2 FY2021/22 Results (and My Thoughts)

Mapletree Industrial Trust (SGX:ME8U), with a mix of industrial and data centre properties in various geographical locations in its portfolio, reported its financial results for the second quarter ended 30 September 2021 after market hours last evening. As a unitholder of the blue-chip REIT, I have studied its latest set of results and in this post, you will find a summary (along with my personal thoughts to share) about its latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout for the current quarter under review…

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