Real Estate Investment Trusts (REITs)

CapitaLand India Trust’s Annual Report 2024: Key Highlights

CapitaLand India Trust (SGX: CY6U), or CLINT, offers a good option for investors in Singapore looking to diversify their investment portfolio to benefit from the growing Indian economy. Currently, the business trust’s portfolio comprises 10 IT Parks, 4 industrial and logistic facilities, and 4 data centre developments in key Indian cities of Bangalore, Chennai, Hyderabad, Mumbai, and Pune, worth a total of S$3.7 billion. Following the conclusion of the financial year on 31 December 2024, CLINT published its annual report 2024 last Thursday (27 March 2025), and in this post, you’ll find key pointers to take note of, along with details of its upcoming AGM…

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Suntec REIT’s Annual Report 2024: Key Highlights

Suntec REIT (SGX: T82U) invests in retail and office properties in Singapore, Australia, and in the United Kingdom, with its total assets under management at over S$12 billion. Following the conclusion of the financial year on 31 December 2024 (i.e., FY2024), the REIT has published its annual report 2024 on Tuesday (25 March 2025). In this post, you’ll find a summary of the key points to take note of, along with details of its upcoming AGM. On top of that, you’ll also find clarifications I’ve sought from the REIT’s management on 2 issues – the expected decline in its distribution payout due to the REIT being no longer eligible for any concessionary withholding tax distributions from Australia, as well as its growth plans ahead…

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CapitaLand Integrated Commercial Trust’s Annual Report 2024: Key Highlights

Do you know that CapitaLand Integrated Commercial Trust (SGX: C38U), or CICT for short, is Singapore’s first and largest-listed REIT? The Singapore-listed REIT invests in retail and office properties in Singapore, Germany, and Australia. Following the conclusion of the financial year on 31 December 2024 (i.e., FY2024), CICT has published its annual report 2024 on Monday (24 March 2025), to which you’ll find a summary of the key pointers to take note of in this post, together with details of its upcoming AGM…

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What I Learned from My Meetup with the Management of CapitaLand India Trust

Do you know: India is currently the world’s most populous country. It is also the 5th largest global economy. For Singaporean investors seeking exposure to India’s real estate market, CapitaLand India Trust (SGX: CY6U), or CLINT, is one you can consider, where it invests in business parks, industrial and logistics facilities, and data centre developments. Recently, I had the honour of meeting up with CLINT’s CEO Mr Gauri Shanker Nagabhushanam, and CFO, Mr Cheah Ying Soon in-person to learn more about CLINT’s growth strategy, as well as seek clarifications on various investors’ concerns, and in this post, you’ll find a summary of key insights shared during the session…

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EC World REIT’s 4Q & FY2024 Results Review

Beleaguered Singapore-listed, but China-based EC World REIT (SGX: BWCU) invests in real estate used primarily for e-commerce, supply chain management, and logistics purposes, with its portfolio currently comprising 7 properties located predominantly in one of the largest e-commerce sectors in the Yangtze River Delta. Last evening (24 February), the REIT released its results for the 4th quarter, as well as for FY2024, and in this post, you will find my review of its latest financial figures, portfolio occupancy and debt profile…

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CapitaLand Ascendas REIT’s 2H & FY2024 Results Review

CapitaLand Ascendas REIT (SGX: A17U), Singapore’s first and largest-listed business space and industrial REIT, invests in properties across 3 segments – business space and life sciences, industrial and data centres, as well as logistics. As of 31 December 2024, its portfolio comprises 229 properties located in Singapore, the United States, Australia, as well as in the United Kingdom/Europe worth S$16.8 billion. Earlier this evening (06 February), the industrial REIT released its results for the 2nd half, as well as for the full year ended 31 December 2024 (i.e., FY2024), and in this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…

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CapitaLand Integrated Commercial Trust’s 2H & FY2024 Results Review

Singapore’s first and largest-listed REIT, CapitaLand Integrated Commercial Trust (SGX: C38U), invests in properties used for retail and/or office purposes. As of 31 December 2024, its portfolio comprises 21 properties in Singapore, 2 in Germany, and 3 in Australia, with a total property value of S$26.0 billion. This morning (05 February), the commercial REIT released its results for the 2nd half, and for the full year ended 31 December 2024 (i.e., FY2024). In this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…

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CapitaLand India Trust’s 4Q & FY2024 Results Review

As the name implies, CapitaLand India Trust (SGX: CY6U) invests primarily in business space properties in India. As of 31 December 2024, its portfolio comprises 10 IT business parks, 1 logistics park, 3 industrial facilities, and 4 data centre developments in India, with a total assets under management of S$3.2 billion. Yesterday (27 January) evening, the business trust released its 4Q and FY2024 results, and in this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, along with its distribution payout to unitholders…

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Mapletree Pan Asia Commercial Trust’s 3Q & 9M FY2024/25 Results Review

Formed from the merger of 2 Mapletree REITs in August 2022, Mapletree Pan Asia Commercial Trust (SGX: N2IU) invests in retail and/or office properties in key gateway cities in Asia. Currently, its portfolio comprises 17 properties in Singapore, Hong Kong, China, Japan, and South Korea valued at S$15.7 billion. Yesterday (23 January) evening, the Singapore-listed REIT released its results for the 3rd quarter and for the first 9 months of FY2024/25, and in this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its latest distribution payout to unitholders…

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Suntec REIT’s 4Q & FY2024 Results Review

Suntec REIT (SGX: T82U) invests in retail and office properties located in Singapore, Australia, and in the United Kingdom. While it boasts a strong portfolio occupancy, its debt profile remains a concern (at least for me). Earlier this evening (23 January), the commercial REIT released its results for the 4th quarter as well as for the full year ended 31 December 2024 (i.e., FY2024). In this post, you’ll find my review of its latest financial figures, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…

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