With retail and office properties in Singapore, Australia, and in the United Kingdom, Suntec REIT (SGX:T82U) is one of the 9 REITs I have investments in. Following the conclusion of the financial year on 31 December 2022, the Singapore-listed REIT held its AGM yesterday afternoon (20 April 2023,) which I attended in-person (as there are no options for unitholders to attend virtually, and I’ve got questions to raise.) In today’s post, you’ll find my summary of the meeting, including the presentation by the REIT’s CEO, responses to questions that fellow meeting attendees and myself raised, and also results of the 5 resolutions put to vote during the meeting…
My Summary of CapitaLand Integrated Commercial Trust’s AGM for FY2022, and EGM
CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, a blue-chip retail and office REIT with properties in Singapore, Germany, and Australia, held its AGM (for the financial year ended 31 December 2022), as well as its EGM (to seek unitholders’ approval for the REIT’s proposed entry into the ‘New Singapore Property Management Agreement’) yesterday afternoon (19 April 2023.) I’ve attended both meetings virtually, and for the benefit of those who weren’t able to attend, you’ll find summaries of presentation for both meetings by the REIT’s CEO, Mr Tony Tan, responses to questions raised by meeting attendees in-person, as well as results to the resolutions put to vote during the meetings…
What You Need to Know about Keppel DC REIT’s Q1 FY2023 Business Update
Keppel DC REIT (SGX:AJBU) is Asia’s first pure-play data centre REIT, with its portfolio comprising 23 data centres located in 9 different countries (Australia, China, Germany, Ireland, Italy, Malaysia, Singapore, the Netherlands, as well as in the United Kingdom.) After market hours this evening (18 April 2023), the REIT has made available its business update for the first quarter of the financial year 2023 ended 31 March 2023. In this post, you’ll find my review of some of its key financial figures, along with its portfolio occupancy, and debt profile…
Key Takeaways from CapitaLand Ascendas REIT’s FY2022 Annual Report
Singapore’s first and largest business space REIT in CapitaLand Ascendas REIT (SGX:A17U), or CLAR for short, has released its latest annual report for the financial year ended 31 December 2022 (i.e. FY2022) early this morning (06 April 2023.) For the benefit of those who weren’t able to attend the meeting, in this post, you’ll find some of the key takeaways from the report to take note of, along with details about its upcoming AGM…
7 Singapore-Listed REITs with a Diversified Portfolio
Some retail investors prefer to invest in REITs whose portfolio comprises of properties of a particular property type (such as those invested solely in retail, or data centre properties), while some prefer to invest in REITs that invest in a mix of property type. My post today focuses on latter, where you’ll learn about 7 Singapore-REITs with a diversified portfolio – particularly, the property types each REIT invests in, along with looking at its occupancy profile…
Ready to REITire Series Video #5 – Navigating through Changing Trends
2 things have changed since the outbreak of the Covid-19 pandemic – people are now used to, and want to continue to ‘work from home’ instead of working in the offices, along with buying whatever they need online – that said, how will these changing trends affect the office and retail properties respectively? In the final part of this ‘Ready to REITire’ video series, filmed together with the team at The Joyful Investors, you can find out our views on this…
My Summary of Suntec REIT’s Annual Report for FY2022
Suntec REIT (SGX:T82U) is a Singapore-listed REIT where its portfolio comprises of retail and office properties in Singapore, Australia, as well as in the United Kingdom with a total assets under management of S$12 billion. This morning (29 March 2023), the REIT published its annual report for the financial year ended 31 December 2023 and in this post, you’ll find my summary of the most important points to take note of, along with details about its upcoming AGM (and questions I intend to ask in-person…)
Keppel DC REIT’s Annual Report for FY2022 – What You Need to Know
With 23 data centres strategically located in key data centre hubs, Keppel DC REIT (SGX:AJBU) is the first pure-play data centre REIT in Asia. This morning (28 March 2023), it has released its annual report for the financial year ended 31 December 2022, which you’ll find my notes about (I’ve compiled this for the benefit of those who do not have the time to study the entire report), along with details about its upcoming AGM…
Ready to REITire Series Video #4 – The Impact of Rising Interest Rates on REITs
The days of low interest rates are well and truly over, with the Federal Reserve hiking interest rates by 7 times last year (in 2022) to bring Federal Funds to 4.25% to 4.50% at the end of the year (from a rate of 0% to 0.25% before the hikes.) As REITs need to take on bank borrowings to fund for acquisitions, how will the rise in interest rates affect their growth? In the 4th instalment of the ‘Ready to REITire’ video series done together with The Joyful Investors, we will be sharing our thoughts, along with why REITs still make good investments…
Ready to REITire Series Video #3 – 3 Potential ‘Red Flags’ to Look out for
Are REITs in your investment portfolio free from these 3 ‘red flags’? In this 3rd of the 5-part of the ‘Ready to REITire’ done in collaboration with the great team at The Joyful Investors, we’ll be sharing with you what they are – knowing what these 3 ‘red flags’ are, and making sure the REITs you’ve or are going to invest in are free from them will help to significantly reduce the likelihood of you making a bad investment decision…
