Mapletree Logistics Trust (SGX:M44U) is the first Asia-focused logistics REIT listed on the Singapore Exchange in July 2005. Back then, its portfolio comprised just 15 properties valued at S$422.0m. Fast forward to today, its portfolio now comprises 193 properties valued at S$13.5 billion. After market hours this evening (25 July), the logistics REIT have published its latest results for the first quarter ended 30 June (i.e., Q1 FY2023/24), and in this post, you will find my review of its financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
My Review of Keppel DC REIT’s 1H FY2023 Results
Listed on the Singapore Exchange in December 2014, Keppel DC REIT (SGX:AJBU) is the first pure play data centre REIT in Asia, where its portfolio comprises 23 data centres across 9 countries. After market hours today (24 July 2023), the REIT have made available its results for the first half of the financial year ended 30 June 2023 (i.e., 1H FY2023). In this post, you will find my review of its latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
EC World REIT’s AGM for FY2022 – My Summary
Early this morning (24 July 2023), EC World REIT (SGX:BWCU) held its AGM for the financial year ended 31 December 2022 (i.e., FY2022), which I have attended as a unitholder in-person to seek the latest updates by the management. In this post, you will find a summary of the presentation by the REIT’s CEO Mr Goh Toh Sim, responses to questions raised by fellow AGM attendees, and also results of the 3 resolutions put to vote during the meeting…
My Summary of Mapletree Logistics Trust’s AGM for FY2022/23
Following the conclusion of the financial year on 31 March 2023 (i.e., FY2023/24), Mapletree Logistics Trust (SGX:M44U) held its AGM earlier this afternoon (19 July) where I have attended virtually. In this post, you will find a summary of the presentation made by its CEO and CFO, responses to questions raised by fellow AGM attendees, and results of the 3 resolutions put to vote during the meeting…
Mapletree Industrial Trust’s AGM for FY2022/23 – My Summary
Blue-chip industrial and data centre REIT in Mapletree Industrial Trust (SGX:ME8U) held its AGM for the financial year ended 31 March 2023 (i.e., FY2022/23) yesterday afternoon which I have attended as a unitholder. For the benefit of those who did not manage to attend, you can read about a summary of the presentation made by its CEO and CFO, responses to questions posed by fellow AGM attendees, and results of the 3 resolutions put to vote during the meeting here…
5 Singapore-Listed REITs with the Highest Interest Coverage Ratios
When it comes to evaluating a REIT’s debt profile, apart from its gearing ratio (or aggregate leverage as some REITs would refer to it as), I also look at its interest coverage ratio (where my preference is towards those that maintain it at above 5.0x over the years). In this post, you will find 5 Singapore-listed REITs with the highest interest coverage ratios – where you will learn about the asset classes each of them invest in, together with its financial performance, portfolio occupancy, debt profile, and distribution per unit over the last 5 years…
Mapletree Pan Asia Commercial Trust’s Annual Report for FY2022/23 – What You Need to Know
Mapletree Pan Asia Commercial Trust (SGX:N2IU), a commercial REIT with 18 properties in key gateway cities in Asia including Singapore, Hong Kong, China, Japan, and South Korea, released its annual report for the financial year ended 31 March 2023 (i.e., FY2022/23) this morning. In this post, you will find my summary of key highlights in the report to take note of, together with details of its upcoming 12th annual general meeting…
What You Need to Know from EC World REIT’s Annual Report for FY2022
Last Saturday (01 July 2023), China-based e-commerce and port logistics REIT in EC World REIT (SGX:BWCU) have made available its annual report for the financial year ended 31 December 2022 (i.e., FY2022.) In this post, you will find my summary of it, together with details of its upcoming AGM, and also 3 questions I am intending to ask the management in-person…
Mapletree Logistics Trust’s Annual Report for FY2022/23: What You Need to Know
Mapletree Logistics Trust (SGX:M44U), Singapore’s first Asia Pacific focused logistics REIT where its currently invested in 185 properties in 9 countries, with a total assets under management of S$12.8 billion, have made available its annual report for the financial year ended 31 March 2023 (i.e., FY2022/23) this morning (28 June 2023.) For the benefit of those who do not have the time to go through the report, you can read a summary of it here, together with details of its upcoming AGM…
5 Singapore-Listed REITs with the Lowest Gearing Ratios
In the high interest rate environment we are in right now, it goes without saying that retail investors will be more inclined towards investing in REITs with a lower gearing ratio. However, gearing ratio should not be only thing we look at to base our investment decisions on. In this post, you will find 5 Singapore-listed REITs with the lowest gearing ratios, along with information about each of them including the assets it invests in, its financial performance, portfolio occupancy and debt profile, and its distribution payout to unitholders over the last 5 years…
