There are 3 Mapletree REITs listed on the Singapore Exchange – Mapletree Industrial Trust (SGX: ME8U), Mapletree Logistics Trust (SGX: M44U), and Mapletree Pan Asia Commercial Trust (SGX: N2IU), and I am a unitholder of all of them. In this post, you will find my review on each of the 3 Mapletree REITs’ results for Q1 FY2024/25 ended 30 June in terms of their latest financial performance, portfolio occupancy and debt profile, and their distribution payouts to unitholders…
An Analysis of Keppel DC REIT’s Results for 1H FY2024
When it was listed on the Singapore Exchange in December 2014, Keppel DC REIT (SGX: AJBU) was Asia’s first pure-play data centre REIT. At the time of writing, its portfolio comprises 23 data centre REITs in 10 countries, with a total assets under management of S$3.9 billion. This morning (26 July), the data centre REIT released its results for the 1st half of FY2024 (ended 30 June), and in this post, you will find my review of its latest financial performance, portfolio occupancy and debt profile, as well as distribution payout to unitholders…
Suntec REIT’s 1H FY2024 Results: A Review of its Performance
Listed on the Singapore Exchange since December 2004, Suntec REIT (SGX: T82U) invests in income-producing properties used for office and/or retail purposes. At the time of writing, it owns properties in Singapore, Australia (in Adelaide, Melbourne, and Sydney), and in the United Kingdom (in London), with a total assets under management of over S$12 billion. In this post, you will find my review of the REIT’s latest results for the 1st half of FY2024 (ended 30 June) released yesterday evening (25 July) in terms of its financial performance, portfolio occupancy and debt profile, and its distribution payout to unitholders…
Frasers Centrepoint Trust’s Q3 FY2023/24 Business Update: A Review of its Portfolio Occupancy and Debt Profile
Frasers Centrepoint Trust (SGX: J69U), the largest suburban retail mall owner in Singapore with 9 retail malls and 1 office property in its portfolio valued at S$7.1 billion, was among the first to release its business update for the 3rd quarter of the financial year ended 30 June (i.e., FY2023/24) yesterday evening (25 July). In this post, you will find a quick review of the REIT’s latest portfolio occupancy and debt profile…
Singapore Healthcare REITs Face-Off: Parkway Life REIT vs. First REIT
There are 2 healthcare REITs listed on Singapore Exchange – Parkway Life REIT (SGX: C2PU) and First REIT (SGX: AW9U). At the time of writing (17 July), the former is trading at S$3.71, while the latter is trading at S$0.245. Of course, in terms of price, First REIT is much cheaper. But what about in terms of performance (particularly its financial results, portfolio occupancy and debt profile, as well as distribution payout to unitholders), which of the 2 healthcare REITs is better? Let us have a look at them in this post…
Key Highlights from EC World REIT’s Annual Report for FY2023
EC World REIT (SGX: BWCU) invests in properties in China used primarily for e-commerce, supply-chain management, and 3rd party logistics purposes, as well as real estate assets. Currently, its portfolio comprises 7 properties located within the largest e-commerce sectors of Hangzhou in the Yangtze River Delta and Wuhan. Last Friday (12 July), the REIT released its annual report for the financial year ended 31 December 2023 (i.e., FY2023 – the REIT sought for extension to conduct its AGM from the Singapore Exchange due to delays in divestment of 2 assets) and in this post, you will find key highlights in the report to take note of, along with questions I have submitted to the REIT’s management for their response, together with information about its upcoming AGM…
Mapletree Pan Asia Commercial Trust’s Annual Report for FY2023/24 – Key Highlights to Take Note of
Mapletree Pan Asia Commercial Trust (SGX: N2IU), or MPACT for short, formed following the merger of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust in August 2022, invests in commercial properties used for retail and office purposes in key gateway markets in Asia. Currently, its portfolio comprises 18 properties valued at S$16.5 billion. Following the conclusion of the financial year on 31 March 2024 (i.e., FY2023/24), the REIT have published its annual report last Friday (28 June 2024), and in this post, you will find key highlights to take note of, together with details on its upcoming AGM…
What You Need to Know: Highlights from Mapletree Logistics Trust’s FY2023/24 Annual Report
When it was listed in the Singapore Exchange back in 2005, Mapletree Logistics Trust (SGX: M44U) was the country’s first Asia-focused logistics REIT. Currently, it has 187 properties in 9 countries valued at S$13.2 billion. Following the conclusion of the financial year on 31 March 2024 (i.e., FY2023/24), the logistics REIT have published its annual report yesterday (25 June) morning and in this post, you will find key highlights to take note of, together with details of its upcoming AGM…
Battle of the Titans: CapitaLand Integrated Commercial Trust vs. Mapletree Pan Asia Commercial Trust
Both CapitaLand Integrated Commercial Trust (SGX: C38U) and Mapletree Pan Asia Commercial Trust (SGX: N2IU) invest in properties primarily used for retail and office purposes. For those who only have sufficient funds for one, which should he/she invest? In this article, I will be putting the key statistics reported by the 2 REITs side-by-side to find out which potentially makes a ‘better buy’…
Key Highlights from Mapletree Industrial Trust’s Annual Report for FY2023/24
Mapletree Industrial Trust (SGX: ME8U) invests in real estate assets used primarily for industrial and data centre purposes. Following the end of financial year on 31 March 2024 (i.e., FY2023/24), the REIT has published its annual report on Tuesday (18 June). In this post, you’ll find key highlights from the report, along with information about the upcoming AGM…
