Unit prices of REITs have fallen by quite a bit from their highs in recent months, as retail investors shy away from them due to impacts of interest rate hikes on distribution payouts. That got me thinking if the situation is so bad to the extent that it warrants a divestment. To help me with my analysis, I have put together some statistics from the debt profiles of all the REITs I’ve invested in (8 of them in total) to find out the extent in which they are likely to be impacted from the high interest rate environment, and you can read about them in today’s post…
What You Need to Know about EC World REIT’s Q4 & FY2022 Results
After market hours yesterday (23 February 2023), China-based e-commerce and port logistics REIT in EC World REIT (SGX:BWCU) have published its results for the 4th quarter, as well as for the full year ended 31 December 2022 (i.e. FY2022.) Here’s my review of the REIT’s latest financial results, portfolio occupancy, debt profile, along with its distribution payout…
CapitaLand Ascendas REIT vs. Mapletree Industrial Trust – Which is Better?
CapitaLand Ascendas REIT (SGX:A17U) and Mapletree Industrial Trust (SGX:ME8U) have similar profiles in that both REITs invest in industrial and data centre properties. Recently, I was asked a question on which REIT to invest if he/she only has funds for one. The best way to answer this question is to look at the statistics recorded by both REITs – its financial performance, distribution payout to unitholders, portfolio occupancy, and debt profile – all of which you’ll read about in today’s comparison post, along with which REIT is the ‘cheaper’ one among the 2…
Which Mapletree REIT Had the Most Resilient Set of Q3 and 9M FY2022/23 Results?
All 3 Mapletree REITs (in Mapletree Logistics Trust, Mapletree Industrial Trust, and Mapletree Pan Asia Commercial Trust) have since released their Q3, and 9M FY2022/23 results. In this post, I have put key statistics (about their financial results, portfolio occupancy, debt profile, and distribution payout to unitholders) side-by-side to find out which has the strongest performance. On top of that, I have also put their valuations (based on their unit prices at the time of writing of this post) side-by-side to find out which is the ‘cheapest’, and which is the ‘most expensive’, and also share by observations about the strengths and weaknesses of each Mapletree REIT (based on their latest results…)
CapitaLand Ascendas REIT’s 2H and FY2022 Results – What You Need to Know
Singapore’s first and largest listed business space and industrial REIT in CapitaLand Ascendas REIT (SGX:A17U) have made available its results for the second half, as well as for the full year ended 31 December 2022 (i.e. FY2022) after market hours yesterday (01 February 2023.) In today’s post, you’ll read about my review of the REIT’s latest financial performance, portfolio occupancy and debt profile, and also its distribution payouts declared…
CapitaLand Integrated Commercial Trust’s Q4 & FY2022 Results – My Review
Singapore’s first and largest-listed REIT, CapitaLand Integrated Commercial Trust (SGX:C38U), or CICT for short, with 26 properties in its portfolio (all for retail and/or office purposes) and a total property value of S$24.2bn, have made available its results for the fourth quarter, as well as for the full-year ended 31 December 2022 (i.e. FY2022) early this morning (01 February 2023.) In today’s post, you’ll read about my review of the REIT’s latest financial performance, portfolio occupancy and debt profile, along with its distribution payout to unitholders…
Mapletree Pan Asia Commercial Trust’s Q3 & 9M FY2022/23 Results – What You Need to Know
Mapletree Pan Asia Commercial Trust (SGX:N2IU), formed as a result of a merger between 2 Mapletree REITs (in Mapletree Commercial Trust and Mapletree North Asia Commercial Trust) in August 2022, have made available its results for the third quarter, and for the first 9-months of FY2022/23 after market hours yesterday (31 January 2023.) In this post, you’ll find my review of the REIT’s latest financial performance, portfolio occupancy and debt profile, as well as its distribution payout to unitholders for the period under review (the REIT have once again reverted to paying out a distribution to its unitholders on a quarterly basis, in-line with the other 2 Mapletree REITs…)
My Review of Keppel DC REIT’s Q4 & FY2022 Results
Asia’s first pure-play data centre REIT in Keppel DC REIT (SGX:AJBU), with a total of 23 data centres in 9 geographical locations in its portfolio, have made available its results for the fourth quarter, as well as for the full-year ended 31 December 2022 (i.e. FY2022) this evening (31 January 2023.) In today’s post, you’ll find my review of the REIT’s latest set of financial results, portfolio occupancy and debt profile, as well as distributions declared to its unitholders (for the second half of the year…)
What You Need to Know about Mapletree Industrial Trust’s Q3 & 9M FY2022/23 Results
Mapletree Industrial Trust (SGX:ME8U), a blue-chip REIT with a total of 141 properties in its portfolio, have made available its results for the third quarter, as well as for the first 9 months of the financial year 2022/23 ended 31 December 2022 after market hours yesterday (26 January 2023.) As a investor of the REIT, I have studied its latest set of results and in this post, you’ll find my review about its financial performance, portfolio occupancy and debt profile, along with its distribution payout to unitholders (for the period under review…)
What You Need to Know about Frasers Centrepoint Trust’s Q1 FY2022/23 Business Update
With 9 retail malls (all located in the various heartland locations), along with 1 office property in its portfolio, Frasers Centrepoint Trust (SGX:J69U) is a pure-play Singapore REIT. After market hours this evening (26 January 2023), it has made available its business updates for the first quarter of the financial year 2022/23 ended 31 December 2022, which you’ll find my review on in this post…
