Issues surrounding the China-based port logistics and e-commerce REIT, particularly on the completion of its proposed divestment of 2 properties to repay 25% of its borrowings, have gotten unitholders worried – especially since the completion of the transaction has been delayed time and again. I have sought the investors’ relations clarification on this, together with issues surrounding the plunge in occupancy in Wuhan Meiluote, status of renewal of leases due in FY2024, as well as the REIT’s latest debt profile following its successful refinancing of all of its borrowings on 31 May 2023. You can find responses from the REIT in this post…
A Summary of Mapletree Industrial Trust’s Latest Annual Report for FY2022/23
Following the conclusion of the financial year on 31 March 2023, blue-chip industrial and data centre REIT in Mapletree Industrial Trust (SGX:ME8U) have released its annual report early this morning. For the benefit of those who do not have time to go through it, you can find my summary of it in this post, along with details about the REIT’s upcoming AGM…
Why I am Staying Invested in Suntec REIT
Consistent financial performances, high portfolio occupancy rate of its properties, healthy debt profile, along with a stably growing distribution payout over the years were reasons why I’ve made the investment decision in Suntec REIT (SGX:T82U) back in February 2020. No doubt its gearing ratio is currently close to the regulatory limit of 45.0%, I have continued to stay invested in the REIT. In this article, you’ll learn about 3 reasons why I’ve made this decision…
A Look into my Latest Portfolio Addition: CapitaLand India Trust (SGX:CY6U)
CapitaLand India Trust (SGX:CY6U) is the latest addition to my long-term investment portfolio on Tuesday (16 May 2023.) Just like for all my new investments, I will always write a post to share about reasons for making this move, and this one’s no different – in this post, you’ll find 5 main reasons why I’ve invested in the India-based Singapore-listed REIT…
CapitaLand Investment’s Group of REITs – What You Need to Know
There are a total of 5 REITs listed in Singapore managed by CapitaLand Investment (SGX:9CI), the largest fund manager in the country, where it is also the largest unitholder in each of the REITs and business trusts. In this post, I’d be sharing with you more about each of the 5 CapitaLand REITs – in terms of the asset types it invests in, its 10-year performance (financial, portfolio occupancy and debt profile), and also highlights of its Q1 FY2023 business update…
What You Need to Know about EC World REIT’s Q1 FY2023 Results
Earlier this evening (12 May 2023), China-based e-commerce and port logistics REIT in EC World REIT (SGX:BWCU) released its financial results for the 1st quarter of the financial year ended 31 March 2023 (i.e. Q1 FY2023.) As a unitholder of the REIT, I have studied its results and in this post, you’ll find my review of its latest financial performance, portfolio occupancy, and also its debt profile…
7 REITs that Invests in Specialised Asset Classes
One of the things retail investors may look at is whether the REIT invests in different asset classes, or specialise in one asset class – in today’s post, I will be talking about the latter, where you’ll find 7 Singapore-listed REITs that invests in properties belonging to a specific asset class…
CapitaLand Ascendas REIT’s Q1 FY2023 Business Update: What You Need to Know
Singapore’s first and largest listed business space and industrial REIT with over 220 properties in its portfolio valued at S$16.7 billion, CapitaLand Ascendas REIT (SGX:A17U), have released its business update for the first quarter of the financial year ended 31 March 2023 (i.e. Q1 FY2023) after market hours this evening (02 May 2023.) In this post, you’ll find the essentials you need to know about its portfolio occupancy and debt profile reported for the current quarter under review…
My Review of Mapletree Logistics Trust’s Q4 and Full Year 2022/23 Results
Mapletree Logistics Trust (SGX:M44U) is the first Asia-focused logistics REIT in Singapore with 185 logistics properties in 9 countries in its portfolio with an assets under management of S$12.8 billion. Yesterday morning (01 May 2023), the REIT have made available its results for the 4th quarter, and also for the full year ended 31 March (i.e. FY2022/23.) In this post, you’ll find my review of its latest financial results, portfolio occupancy and debt profile, and also its distribution payout to unitholders for the current period under review…
CapitaLand Ascendas REIT’s AGM for FY2022 – My Summary
Earlier this afternoon (28 April 2023), CapitaLand Ascendas REIT (SGX:A17U), or CLAR for short, held its AGM for the financial year ended 31 December 2022, and I’ve watched the proceedings online as a unitholder. For the benefit of those who weren’t able to attend, you can find a summary of the presentation made by its CEO, Mr William Tay, responses to questions posed by in-person AGM attendees, and results of the 4 resolutions put to vote in the meeting in this post…
