Real Estate Investment Trusts (REITs)

CapitaLand Ascendas REIT (SGX: A17U): 1H FY2026 Results Review

From an initial portfolio of just 8 properties in Singapore when it was listed in November 2002, CapitaLand Ascendas REIT (SGX: A17U), or CLAR, has grown into one of Asia’s largest industrial REITs, with 234 properties across Singapore, Australia, the United States, and the United Kingdom/Europe as at end-June 2026. Earlier this evening (5 August 2026), the REIT announced its financial results for 1H FY2026. In this post, I’ll be reviewing its latest financial performance, portfolio occupancy, debt profile, distribution payout, and sharing my thoughts on its latest set of results…

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CapitaLand India Trust (SGX: CY6U): 2Q & 1H FY2026 Results Review

From an initial portfolio of 4 IT business parks at the time of its listing in August 2007, CapitaLand India Trust (SGX: CY6U) has since expanded to own a diversified portfolio comprising 8 IT business parks, 3 industrial facilities, 1 logistics park, and 4 data centre developments across 5 major Indian cities. Earlier today (29 July), the business trust released its results for 2Q and 1H FY2026. In this post, I’ll review its latest financial performance, portfolio occupancy and debt profile, distribution payout, and share my thoughts on how the business trust performed during the period…

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Mapletree Logistics Trust (SGX: M44U): 1Q FY2026/27 Results Review

Mapletree Logistics Trust (SGX: M44U), or MLT, invests primarily in logistics properties and real estate-related assets across the Asia-Pacific region. Its portfolio currently comprises 175 properties spanning 9 geographical markets, with a total value of S$13.1 billion. Earlier this evening (28 July), MLT announced its results for 1Q FY2026/27. In this post, I review its latest financial performance, portfolio occupancy, debt profile and distribution payout to unitholders.

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Frasers Centrepoint Trust (SGX: J69U): 3Q FY2025/26 Business Update Review

Frasers Centrepoint Trust (SGX: J69U), or FCT, is Singapore’s largest owner of suburban retail malls. Its portfolio comprises eight retail malls strategically located across Singapore’s heartlands, together with an office property, with a combined valuation of approximately S$8.4 billion as at 31 March 2026. Earlier this evening (27 July), FCT released its business update for the third quarter of FY2025/26. In this post, I’ll be taking a closer look at the REIT’s latest portfolio occupancy and debt profile statistics from the quarter…

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Mapletree Industrial Trust (SGX: ME8U): 1Q FY2026/27 Results Review

Mapletree Industrial Trust (SGX: ME8U), or MIT, invests primarily in industrial and data centre properties. Its S$8.3 billion portfolio currently comprises 135 properties across Singapore, North America and Japan. Earlier this evening (23 July), MIT announced its results for 1Q FY2026/27. In this review, I examine its latest financial performance, portfolio occupancy, debt profile and distribution payout to unitholders.

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Suntec REIT (SGX: T82U): 2Q & 1H FY2026 Results Review

Since its listing in December 2004 with just 2 properties in Singapore, Suntec REIT (SGX: T82U) has grown its portfolio to 10 commercial properties comprising mainly office and retail assets across Singapore, Australia (Sydney, Melbourne, and Adelaide), and the United Kingdom (London). Earlier this evening (23 July), the REIT released its results for 2Q & 1H FY2026. In this post, I’ll be reviewing its latest financial performance, portfolio occupancy and debt profile, distribution payout to unitholders, as well as sharing my thoughts on its latest set of results…

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Mapletree Industrial Trust (SGX: ME8U): Summary of Annual Report for FY2025/26

Mapletree Industrial Trust (SGX: ME8U), or MIT, is a REIT with a portfolio of industrial properties and data centres across Singapore, North America, and Japan. As at 31 March 2026 (FY2025/26), it owned 136 properties with a total asset value of S$8.3 billion. Following the release of its FY2025/26 annual report on Monday (22 June), this post highlights the REIT’s latest financial performance, challenges facing its North American portfolio, progress on its portfolio repositioning strategy, and management’s plans to navigate these headwinds. I will also be sharing details of its upcoming Annual General Meeting (AGM), along with my thoughts on MIT’s outlook moving forward.

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Mapletree Logistics Trust (SGX: M44U): Summary of Annual Report for FY2025/26

Mapletree Logistics Trust (SGX: M44U), or MLT, is a leading logistics-focused REIT with a portfolio spanning key markets across the Asia-Pacific region. Since its listing in 2005 with just 15 properties, the REIT has grown substantially and today owns 175 logistics assets with a combined valuation of S$13.1 billion. Following the release of its FY2025/26 Annual Report last Friday (19 June), I took a closer look at the REIT’s latest performance, portfolio developments, balance sheet strength, and management’s outlook for the year ahead. In this post, I will share the key highlights from the report, details of its upcoming Annual General Meeting (AGM), as well as my personal observations on how MLT is navigating the current operating environment and positioning itself for long-term growth.

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NTT DC REIT (SGX: NTDU): How Has Singapore’s 3rd Data Centre REIT Performed Since Its IPO?

The surge in artificial intelligence adoption has shone a spotlight on data centres, as the increasing need for data storage and computing power continues to drive demand for these specialised assets. Consequently, many investors have been asking for my thoughts on NTT DC REIT (SGX: NTDU), the third pure-play data centre REIT listed on the Singapore Exchange following its IPO in July 2025. In this post, I’ll walk you through the REIT’s portfolio and share my assessment of its financial performance, portfolio occupancy, and debt profile over its first 3 quarters (from 2Q FY2025/26 to 4Q FY2025/26) as a listed entity.

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EC World REIT (SGX: BWCU): 1Q FY2026 Results Review

EC World REIT (SGX: BWCU) focuses on real estate assets primarily for e-commerce, supply-chain management, and third-party logistics. Its portfolio currently consists of 7 properties valued at about S$554 million. Due to severe cash flow issues and an inability to settle offshore interest payments, the trading of its units has been suspended since August 2023. Earlier this evening (14 May), EC World REIT published its 1Q FY2026 results, and here is my analysis of its most recent financial performance, portfolio occupancy, and debt profile.

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