Real Estate Investment Trusts (REITs)

Investing in Singapore’s Hospitality Scene: A Look at the 5 Listed REITs

The hospitality sector was among the hardest hit during the Covid-19 pandemic in 2020. Fast forward to today, with the virus now considered endemic, life has returned to normal. Many countries are reporting tourism numbers exceeding pre-pandemic levels, and the same trend can be observed in hotels and serviced residences, both in terms of occupancy and rates. For investors interested in gaining exposure to the hospitality sector, here are 5 Singapore REITs with hospitality assets you may want to have a look at…

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6 Industrial REITs in Singapore Boasting Strong Local Portfolios

REITs in Singapore diversify their investments across the various property sectors, such as retail, office, industrial, data centres, and hospitality, with each of them specialising in one or more of these sectors. Today, my focus is on industrial REITs with a focus in Singapore, either in terms of revenue contribution or asset value. Here are 6 of them that meet this criterion, where you will learn about the properties in their portfolio, together with highlights of their latest financial performance, portfolio occupancy and debt profile, as well as their distribution payout to unitholders…

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Expanding Your Horizons: 6 Singapore REITs with a Global Diversification for Your Investment Portfolio

For those of you who prefer to invest in REITs that have a diversified portfolio in terms of the number of countries it has properties in, here are 6 of them you can have a look at – you will find the properties they invest in, the degree of concentration they have in each geographical location, along with a review of their latest financial results, distribution payout, and also their occupancy and debt profile…

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Understanding CapitaLand India Trust, CapitaLand Ascendas REIT, and CapitaLand Integrated Commercial Trust’s 1H FY2024 Results

Out of the 5 CapitaLand REITs and business trusts listed on the Singapore Exchange, I am invested in 3 – CapitaLand Ascendas REIT (SGX: A17U), CapitaLand India Trust (SGX: CY6U), and CapitaLand Integrated Commercial Trust (SGX: C38U). In this post, you will find my review of each of the 3 REITs’ latest financial performance, portfolio occupancy and debt profile, as well as distribution payout to unitholders…

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Evaluating EC World REIT’s Results for Q2 and 1H FY2024

EC World REIT (SGX: BWCU) is a China-based e-commerce and port logistics REIT with a portfolio currently consisting of 7 properties in the country. Trading of the REIT’s units remains suspended. After market hours yesterday (7 August), EC World REIT released its financial results for the 2nd quarter and the 1st half of FY2024. In this post, I will review its latest financial figures, portfolio occupancy, and debt profile…

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My Review of the Mapletree REITs’ Q1 FY2024/25 Results

There are 3 Mapletree REITs listed on the Singapore Exchange – Mapletree Industrial Trust (SGX: ME8U), Mapletree Logistics Trust (SGX: M44U), and Mapletree Pan Asia Commercial Trust (SGX: N2IU), and I am a unitholder of all of them. In this post, you will find my review on each of the 3 Mapletree REITs’ results for Q1 FY2024/25 ended 30 June in terms of their latest financial performance, portfolio occupancy and debt profile, and their distribution payouts to unitholders…

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An Analysis of Keppel DC REIT’s Results for 1H FY2024

When it was listed on the Singapore Exchange in December 2014, Keppel DC REIT (SGX: AJBU) was Asia’s first pure-play data centre REIT. At the time of writing, its portfolio comprises 23 data centre REITs in 10 countries, with a total assets under management of S$3.9 billion. This morning (26 July), the data centre REIT released its results for the 1st half of FY2024 (ended 30 June), and in this post, you will find my review of its latest financial performance, portfolio occupancy and debt profile, as well as distribution payout to unitholders…

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Suntec REIT’s 1H FY2024 Results: A Review of its Performance

Listed on the Singapore Exchange since December 2004, Suntec REIT (SGX: T82U) invests in income-producing properties used for office and/or retail purposes. At the time of writing, it owns properties in Singapore, Australia (in Adelaide, Melbourne, and Sydney), and in the United Kingdom (in London), with a total assets under management of over S$12 billion. In this post, you will find my review of the REIT’s latest results for the 1st half of FY2024 (ended 30 June) released yesterday evening (25 July) in terms of its financial performance, portfolio occupancy and debt profile, and its distribution payout to unitholders…

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Frasers Centrepoint Trust’s Q3 FY2023/24 Business Update: A Review of its Portfolio Occupancy and Debt Profile

Frasers Centrepoint Trust (SGX: J69U), the largest suburban retail mall owner in Singapore with 9 retail malls and 1 office property in its portfolio valued at S$7.1 billion, was among the first to release its business update for the 3rd quarter of the financial year ended 30 June (i.e., FY2023/24) yesterday evening (25 July). In this post, you will find a quick review of the REIT’s latest portfolio occupancy and debt profile…

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Singapore Healthcare REITs Face-Off: Parkway Life REIT vs. First REIT

There are 2 healthcare REITs listed on Singapore Exchange – Parkway Life REIT (SGX: C2PU) and First REIT (SGX: AW9U). At the time of writing (17 July), the former is trading at S$3.71, while the latter is trading at S$0.245. Of course, in terms of price, First REIT is much cheaper. But what about in terms of performance (particularly its financial results, portfolio occupancy and debt profile, as well as distribution payout to unitholders), which of the 2 healthcare REITs is better? Let us have a look at them in this post…

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