Real Estate Investment Trusts (REITs)

CapitaLand Ascendas REIT’s Annual Report for FY2023 – My Summary

CapitaLand Ascendas REIT (SGX:A17U), or CLAR for short, is Singapore’s first and largest business space and industrial REIT, with its portfolio comprising 227 properties in Singapore, Australia, the United States, as well as in the United Kingdom/Europe valued at S$16.9 billion. Following the conclusion of the financial year on 31 December 2023 (i.e., FY2023), the REIT have published its annual report, together with details of its upcoming AGM, yesterday (02 April 2024) morning. Here’s my summary of it, together with my thoughts about the the REIT’s latest full-year results…

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CapitaLand Integrated Commercial Trust’s Annual Report for FY2023: Key Pointers to Take Note of

CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, is Singapore’s first and largest-listed REIT. At the time of writing, its portfolio comprises 26 retail, office, and integrated development properties in Singapore, Germany, and Australia valued at S$24.5 billion. Last Thursday (28 March 2024) morning, the REIT released its annual report for the financial year ended 31 December 2023 (i.e., FY2023), and in this post, you will find my summary of the key points to take note, along with details of its upcoming AGM…

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Suntec REIT’s Annual Report for FY2023: What You Need to Know

Suntec REIT (SGX:T82U), with retail and office properties in Singapore (one of the properties Singaporeans can immediately associate is its namesake mall, office towers, and convention centre), Australia (where it has properties in Sydney, Melbourne, and Adelaide), and in the United Kingdom (with its 2 office properties located in London), have published its annual report for the financial year ended 31 December 2023 (i.e., FY2023) yesterday (27 March 2024) morning. For the benefit of those who do not have the time to go through the report, you can find my summary of it in this post, together with details about its upcoming annual general meeting…

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My Summary of Keppel DC REIT’s FY2023 Annual Report

Listed in December 2014, Keppel DC REIT (SGX:AJBU) is Asia’s first pure-play data centre REIT. Since then, it has grown from 8 to 23 assets, with assets under management up from approximately $1.0 billion to $3.7 billion. Following the conclusion of its financial year on 31 December 2023 (i.e., FY2023), the data centre REIT has published its annual report yesterday (26 March 2024) morning, and in this post, you will find my summary of it, together with details about its upcoming AGM…

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What You Need to Know about CapitaLand India Trust’s Annual Report for FY2023

With a total of 17 properties in 5 top tier cities in India (Bangalore, Chennai, Hyderabad, Mumbai, and Pune) worth a total of S$3.0 billion as at 31 December 2023, CapitaLand India Trust (SGX:CY6U) is focused on capitalising on the growing IT industry, industrial and logistics asset class, and new economy asset classes such as data centres. Yesterday (25 March 2024) morning, the business trust have released its annual report for the financial year ended 31 December 2023 (i.e., FY2023). In this post, you will find my summary of key points to take note of in the report, together with details of its upcoming annual general meeting…

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An In-Depth Analysis of EC World REIT’s Q4 and FY2023 Results

EC World REIT (SGX:BWCU) is a China-based e-commerce and port logistics REIT where it currently has 6 properties in its portfolio. Trading for the REIT is currently suspended, and the management certainly have a lot of issues to iron out. As a unitholder, I continue to stay updated on the latest, and in this post, you will find my review of its latest 4th quarter and full-year financial results, portfolio occupancy, and debt profile which was posted on Tuesday evening (27 February 2024)…

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CapitaLand Ascendas REIT, CapitaLand India Trust, and CapitaLand Integrated Commercial Trust’s 2H and FY2023 Results Review

Out of the 5 REITs managed by CapitaLand Investment Ltd (SGX:9CI), 3 are in my long-term investment portfolio – CapitaLand India Trust (SGX:CY6U), CapitaLand Ascendas REIT (SGX:A17U), and CapitaLand Integrated Commercial Trust (SGX:C38U). They have since released their results for the 2nd half, as well as for the full year ended 31 December 2023 (i.e., FY2023), and in this post, you will find my review of their financial performances, portfolio occupancy and debt profile, along with their distribution payout to unitholders…

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My Analysis of Mapletree Industrial, Logistics, and Pan Asia Commercial Trust’s Q3 & 9M FY2023/24 Results

All 3 Mapletree REITs have since released their financial results for the 3rd quarter, as well as for the first 9 months of FY2023/24 – starting off with Mapletree Logistics Trust on 24 Jan, Mapletree Industrial Trust on 25 Jan, and then Mapletree Pan Asia Commercial Trust on 29 Jan. In this post, you will find my analysis of their latest results in terms of their financial performance, portfolio occupancy and debt profile, as well as their distribution payout to unitholders…

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A Breakdown of Keppel DC REIT’s 2H and FY2023 Results

Keppel DC REIT (SGX:AJBU) is Singapore’s first pure-play data centre REIT when it was listed on 12 December 2014. Currently, its portfolio comprises a total of 23 data centre properties in 9 countries worth a total of S$3.6 billion. The data centre REIT have released its results for the full year ended 31 December 2023 (i.e., FY2023) early this morning (26 January 2024), and in this post, you will find a review of its latest financial figures, portfolio occupancy and debt profile, along with its distribution payout to unitholders…

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Understanding Suntec REIT’s Latest FY2023 Results

Listed on the Singapore Exchange since 9 December 2004, Suntec REIT (SGX:T82U) is a commercial REIT where it invests primarily in retail and office properties in Singapore, Australia, and in the United Kingdom. The REIT have made available its results in FY2023 early this morning (24 January 2024), and in today’s post, you will find an in-depth review of the latest financial figures, portfolio occupancy, debt profile, and its distribution payout to unitholders…

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