Suntec REIT (SGX:T82U) is a retail and office REIT with properties in Singapore, Australia, as well as in the United Kingdom. This morning (20 January 2023), it has made available its results for the fourth quarter, as well as for the full-year ended 31 December 2022 (i.e. FY2022.) In this post, you will read about my review of the REIT’s latest financial performance, portfolio occupancy and debt profile, and also its distribution payout to unitholders…
My Review of Mapletree Logistics Trust’s Q3 & 9M FY2022/23 Results
Mapletree Logistics Trust (SGX:M44U), Singapore’s first Asia-Pacific focused logistics REIT, and also a constituent of Singapore’s benchmark Straits Times Index (STI) since December 2019, 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 (19 January.) As a unitholder of the blue-chip logistics REIT, I have studied its latest set of results and in this post, you will read about my review of its financial performance, portfolio occupancy and debt profile, along with its distribution payout to unitholders for the current period under review (the REIT is one of the few that is continuing to pay out a distribution to its unitholders on a quarterly basis…)
Frasers Centrepoint Trust’s AGM for FY2021/22 – My Summary
Suburban retail mall REIT in Frasers Centrepoint Trust (SGX:J69U) held its AGM for the financial year 2021/22 earlier this morning (17 January 2023), which I’ve attended as a unitholder to receive the latest updates from the management, along with catching up with fellow unitholders in-person. For the benefit of those who weren’t able to attend the meeting, in this post, you can read about a summary I’ve compiled on the CEO’s presentation, responses to questions raised by fellow AGM attendees, along with results of the 3 resolutions put to vote during the meeting…
My Summary of Frasers Centrepoint Trust’s Latest Annual Report for FY2021/22
With 9 retail malls located in the various suburban areas across Singapore, Frasers Centrepoint Trust (SGX:J69U) is one of the largest suburban mall owners in the country. This morning (22 December), the REIT released its annual report for the financial year that concluded on 30 September, along with notice of AGM. For those who do not have the time to go through the entire report, in this post, I have compiled a summary of the most important points you need to take note of, along with details about its upcoming AGM…
My Summary of EC World REIT’s EGM on 16 December 2022
This morning (16 December 2022), EC World REIT (SGX:BWCU) held its EGM to seek unitholders’ approval on the proposed divestment of 2 properties in its portfolio to raise funds for the repayment of at least 25% of its borrowings by 31 December 2022. I’ve attended the meeting as a unitholder and for the benefit of those who weren’t able to attend, you can read about a summary of the presentation made by the REIT’s CEO, Mr Goh Toh Sim, along with a list of questions raised and responses provided by the REIT’s management, and also results of the resolution put to vote during the meeting…
EC World REIT: What You Need to Know before Attending the Upcoming EGM
On 03 October, EC World REIT (SGX:BWCU) announced the proposed divestment of 2 properties in its portfolio to raise 25% of its total borrowings for repayment by 31 December. An EGM will be convened on 16 December to seek unitholders’ approval. Since the announcement was released, I have been trying to seek clarifications with REIT’s investor relations with a series of questions. In this post, you’ll find all the questions I have raised, along with responses by the REIT. On top of that, you’ll also find all the questions unanswered (even till today), my request for assistance from Security Investors Association (Singapore) (SIAS), details of its upcoming EGM, and finally, my thoughts about this whole episode…
What You Need to Know about EC World REIT’s Q3 and 9M FY2022 Results
China-based e-commerce and port logistics REIT in EC World REIT (SGX:BWCU), with 7 properties in its portfolio, have released its results for the 3rd quarter, as well as for the first 9 months of the financial year 2022 ended 30 September 2022 after market hours yesterday (09 November 2022.) As a unitholder of the REIT, I have studied the documents posted and in this post, you’ll find my review of its latest financial results, portfolio occupancy and debt profile, as well as its distribution payout to unitholders for the current period under review…
Key Aspects from CapitaLand Ascendas REIT’s Q3 FY2022 Business Update to Take Note of
CapitaLand Ascendas REIT (SGX:A17U), with a total of 230 properties in its portfolio and total assets under management of approximately S$16.5 billion, reported its business update for the third quarter of FY2022 ended 30 September 2022 shortly after market hours this evening (31 October 2022.) As the REIT have switched to half yearly reporting of its financial results, it only reported its portfolio occupancy and debt profile this time round, both of which you’ll read about in this post, along with my thoughts about them…
My Review of Mapletree Pan Asia Commercial Trust’s Results for 1H FY2022/23
Mapletree Pan Asia Commercial Trust (SGX:N2IU) is the last of the 3 listed Mapletree REITs to release its financial results for the first half of the financial year 2022/23 ended 30 September 2022 after market hours yesterday (27 October 2022.) This is the first time the enlarged REIT have released its financial results following its merger with Mapletree North Asia Commercial Trust in August 2022 and renamed (from Mapletree Commercial Trust.) In this post, I’ll be reviewing its latest financial results, how the REIT’s portfolio occupancy and debt profile have been affected (positively and/or negatively) from the merger, and also its distribution payout to unitholders for the period under review (i.e. 1H FY2022/23)…
Mapletree Industrial Trust’s Q2 and 1H FY2022/23 Results – My Review
Industrial and data centre REIT in Mapletree Industrial Trust (SGX:ME8U) have released its financial results for the second quarter, as well as for the first half of the financial year 2022/23 ended 30 September 2022 yesterday evening (26 October 2022.) As a unitholder of the blue-chip REIT, I have studied its latest set of results and in this post, you’ll find my review of its financial performance, portfolio and debt profile, along with its distribution payout declared for the current quarter under review…
