Mapletree Logistics Trust (SGX: M44U), the first Asia-focused logistics REIT back when it was listed on the Singapore Exchange in July 2005, released its results for the 3rd quarter, and for the first 9 months of FY2024/25 ended 31 December 2024 yesterday evening (21 January). 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…
Frasers Centrepoint Trust’s Annual Report for FY2023/24 – Key Highlights to Take Note of
Frasers Centrepoint Trust (SGX: J69U) is a pure-play Singapore REIT with all of its 9 retail malls and 1 office property are located in the country. Following the conclusion of its financial year on 30 September 2024, the REIT has released its annual report on 23 December (apologies for the late update as I was away on vacation then). In this post, you’ll find my summary of its annual report, together with details of its upcoming annual general meeting…
3 Singapore REITs that Invest Solely in European Properties
As of November 2024, the US Federal Reserve have cut interest rates twice (to bring benchmark rates to 4.5-4.75%), while the European Central Bank have cut benchmark borrowings thrice to bring it down to 3.4%. My post today focuses on the latter, where the 3 Singapore-listed, but Europe-based REITs are poised to benefit from lower borrowing costs. Find out what these 3 REITs are in this post, together with more information about each of them, including the assets it invests in, and its latest financial performance, portfolio occupancy and debt profile…
United Hampshire US REIT: What You Need to Know about the Necessity Retail REIT
Last week, I had the privilege of meeting up with Ms. Wong Siew Lu, Head of Investors Relation and Sustainability of United Hampshire US REIT (SGX: ODBU), to gain deeper insights into the REIT. In this post, you will find the essentials you need to know about the US-based REIT – covering its business operations, financial performance, portfolio occupancy, debt profile, and distribution payouts over the 3 full years following its IPO (from FY2021 to FY2023)…
Key Highlights from EC World REIT’s Q3 and 9M FY2024 Results
Distressed China-based, Singapore-listed EC World REIT (SGX: BWCU) released its results for the 3rd quarter, as well as for the first 9 months of FY2024 earlier this evening (12 November). In this post, you will find some of the material developments since the previous quarter, as well as its latest key financial figures, portfolio occupancy, and debt profile…
What I have Learned from CapitaLand Ascott Trust’s Presentation
I had the honour of being invited to a presentation conducted by Ms Serena Teo, CEO of CapitaLand Ascott Trust (SGX: HMN), last Thursday (07 November), where she gave a very detailed presentation on the hospitality REIT’s business update for Q3 FY2024 ended 30 September, as well as its proposed acquisition of lyf Funan Singapore. I was also being shown around the property. In this post, you will find some of the key takeaways from the presentation I have compiled, which I hope will give you a deeper understanding of the REIT…
A Review of CapitaLand Integrated Commercial Trust’s Q3 and 9M FY2024 Business Update
CapitaLand Integrated Commercial Trust (SGX: C38U), or CICT for short, invests in commercial properties used for retail or office purposes. As of 30 June 2024, its portfolio comprises 21 properties in Singapore, 2 in Germany, and 3 in Australia, valued at S$24.5 billion. This morning (05 November), CICT have released its business update for the 3rd quarter, as well as for the first 9 months of FY2024, and you can find my review of its key financial figures, along with its portfolio occupancy and debt profile in this post…
The Essentials You Need to Know about Mapletree Industrial Trust’s Q2 and 1H FY2024/25 Results
Mapletree Industrial Trust (SGX: ME8U), or MIT for short, invests in industrial and data centre properties in Singapore, the United States, and Japan. As of 30 September 2024, MIT’s portfolio comprises 140 properties with a total assets under management at S$8.9 million. Last evening (29 October), MIT released its results for the 2nd quarter and for the 1st half of FY2024/25 ended 30 September, and you can find its latest financial figures, portfolio occupancy and debt profile, and distribution payout to unitholders in this post…
What I Learned from the Engagement Session with Keppel’s REITs and Business Trust Management
Last Friday (25 October), I had the privilege of attending an insightful engagement session over lunch with the management of 4 Keppel REITs and business trusts – Keppel Infrastructure Trust (SGX: A7RU), Keppel DC REIT (SGX: AJBU), Keppel REIT (SGX: K71U), and Keppel Pacific Oak US REIT (SGX: CMOU). Apart from presenting key highlights of the performances reported for Q3 FY2024 ended 30 September, the management also answered a range of questions we had. I have compiled key takeaways from the session in this post, which I hope you will find useful in staying informed and up-to-date on these 4 Keppel-managed entities…
Key Highlights from CapitaLand Ascendas REIT’s Q3 FY2024 Business Update
CapitaLand Ascendas REIT (SGX: A17U), or CLAR for short, invests in properties serving the following 3 segments – business spaces and life sciences, industrial and data centres, and logistics. As of 30 June 2024, its portfolio comprises 229 properties located in Singapore, the United States, Australia, as well as in the United Kingdom/Europe valued at S$16.9 billion. In today’s post, you will find some of the key highlights from CLAR’s latest business update for Q3 FY2024 released earlier this evening (25 October) in terms of its latest portfolio occupancy and debt profile…
