EC World REIT (SGX: BWCU) invests in properties in China used primarily for e-commerce, supply-chain management, and 3rd party logistics purposes, as well as real estate assets. Currently, its portfolio comprises 7 properties located within the largest e-commerce sectors of Hangzhou in the Yangtze River Delta and Wuhan. Last Friday (12 July), the REIT released its annual report for the financial year ended 31 December 2023 (i.e., FY2023 – the REIT sought for extension to conduct its AGM from the Singapore Exchange due to delays in divestment of 2 assets) and in this post, you will find key highlights in the report to take note of, along with questions I have submitted to the REIT’s management for their response, together with information about its upcoming AGM…
Mapletree Pan Asia Commercial Trust’s Annual Report for FY2023/24 – Key Highlights to Take Note of
Mapletree Pan Asia Commercial Trust (SGX: N2IU), or MPACT for short, formed following the merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust in August 2022, invests in commercial properties used for retail and office purposes in key gateway markets in Asia. Currently, its portfolio comprises 18 properties valued at S$16.5 billion. Following the conclusion of the financial year on 31 March 2024 (i.e., FY2023/24), the REIT have published its annual report last Friday (28 June 2024), and in this post, you will find key highlights to take note of, together with details on its upcoming AGM…
What You Need to Know: Highlights from Mapletree Logistics Trust’s FY2023/24 Annual Report
When it was listed in the Singapore Exchange back in 2005, Mapletree Logistics Trust (SGX: M44U) was the country’s first Asia-focused logistics REIT. Currently, it has 187 properties in 9 countries valued at S$13.2 billion. Following the conclusion of the financial year on 31 March 2024 (i.e., FY2023/24), the logistics REIT have published its annual report yesterday (25 June) morning and in this post, you will find key highlights to take note of, together with details of its upcoming AGM…
Battle of the Titans: CapitaLand Integrated Commercial Trust vs. Mapletree Pan Asia Commercial Trust
Both CapitaLand Integrated Commercial Trust (SGX: C38U) and Mapletree Pan Asia Commercial Trust (SGX: N2IU) invest in properties primarily used for retail and office purposes. For those who only have sufficient funds for one, which should he/she invest? In this article, I will be putting the key statistics reported by the 2 REITs side-by-side to find out which potentially makes a ‘better buy’…
Key Highlights from Mapletree Industrial Trust’s Annual Report for FY2023/24
Mapletree Industrial Trust (SGX: ME8U) invests in real estate assets used primarily for industrial and data centre purposes. Following the end of financial year on 31 March 2024 (i.e., FY2023/24), the REIT has published its annual report on Tuesday (18 June). In this post, you’ll find key highlights from the report, along with information about the upcoming AGM…
Which is the Better Buy: Mapletree Industrial Trust or CapitaLand Ascendas REIT?
Last month (May 2024), my blog readers suggested that I compare REITs investing in similar property types to determine which is a “better buy” in my presentation at the REITs Symposium. This topic was suggested once again in a recent poll conducted by James Yeo, founder of InvestKaki, where community members on InvestingNote wanted to hear my thoughts during our interview. Today, you will find a comparison of Mapletree Industrial Trust (SGX: ME8U) and CapitaLand Ascendas REIT (SGX: A17U), both investing in industrial and data centre properties, to find out which might be a ‘better buy’…
‘building your REIT-irement portfolio’ Now in Local Bookstores
Some of you have asked if my book, ‘building your REIT-irement portfolio’ can be found in the local bookstores. I’m happy to announce that it is now available for sale in the bookstores in Singapore and Malaysia, made possible by AceMedia Sdn Bhd. More details in this post…
EC World REIT’s Q1 FY2024 Results: What You Need to Know
EC World REIT (SGX:BWCU) is a China-based port logistics and e-commerce REIT listed on the Singapore Exchange, where it currently has 7 properties in its portfolio. Trading of the REIT has been suspended since 31 August 2023 due to a lack of funds necessary to repay its interest expenses due. The REIT released its financial results for Q1 FY2024 ended 31 March yesterday evening (13 May), and in this post, you will find my review of its latest financial performance, as well as its portfolio occupancy and debt profile…
An Analysis of Results by the Trio of Mapletree REITs for Q4 & FY2023/24
There are a total of 3 Mapletree REITs listed on the Singapore Exchange, and I am invested in all of them. This time round, Mapletree Pan Asia Commercial Trust (SGX:N2IU) was the first to release its Q4 and full-year results for 2023/24 ended 31 March 2024 on 24 April, followed by Mapletree Industrial Trust (SGX:ME8U) a day later on 25 April, and then Mapletree Logistics Trust (SGX:M44U) on 29 April. In this post, you will find my analysis of each of the 3 Mapletree REITs’ results in terms of its latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
CapitaLand Integrated Commercial Trust’s AGM for FY2023: My Summary
Debuted as CapitaLand Mall Trust when it was listed back in July 2002, it was renamed as CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, after its merger with CapitaLand Commercial Trust in November 2020. As at 31 December 2023, its portfolio comprises retail, office, and integrated development properties in Singapore, Germany, and Australia valued at S$24.5 billion. Earlier this afternoon (29 April), the REIT held its AGM for FY2023 which I’ve attended virtually, and in this post, you will find a summary the CEO’s presentation, responses to questions raised by fellow AGM attendees, as well as results of the 4 resolutions put to vote during the meeting…
