Mapletree Industrial Trust (SGX:ME8U) invests in income producing properties used for industrial and data centre purposes, where at the time of writing, its portfolio comprises 85 properties in Singapore, 1 property in Japan, and 56 properties in North America (including 13 data centres held through the joint venture with Mapletree Investments Pte Ltd) valued at S$9.3 billion. After market hours yesterday (25 October), the industrial and data centre REIT have made available its results for the 2nd quarter, as well as for the 1st half of FY2023/24 ended 30 September, and in this post, I will be reviewing its latest financial results, portfolio occupancy and debt profile, as well as its distribution payouts to unitholders…
Frasers Centrepoint Trust’s 2H and FY2022/23 Results – My Review
Frasers Centrepoint Trust (SGX:J69U) is a Singapore-listed REIT that invests predominantly in retail properties – at the time of writing, its portfolio comprises of 10 retail malls located in the various suburban locations in Singapore, as well as 1 office property (also located in Singapore). This morning (25 October), the REIT have made available its results for the 2nd half, as well as for the full-year ended 30 September 2023 (i.e., FY2022/23), and in this post, you will find my review of its financial results, portfolio occupancy and debt profile, as well as its distribution payout to unitholders…
My Review of Mapletree Logistics Trust’s Q2 and 1H FY2023/24 Results
Mapletree Logistics Trust (SGX:M44U) was the first Asia-focused REIT when it was listed on the Main Board of the Singapore Exchange back in July 2005. As the name suggests, it invests in a diversified portfolio of income producing logistics properties. At the time of writing, it has 189 properties in its portfolio with a total assets under management of S$13.3 billion. In this post, you will find my review of the logistics REIT’s results released yesterday evening (24 October), in terms of its latest financial performance, portfolio occupancy and debt profile, along with its distribution payout to unitholders…
Suntec REIT’s Q3 FY2023 Business Update: What You Need to Know
Listed on the Singapore Exchange since December 2004, Suntec REIT (SGX:T82U) invests in income producing real estate properties in Singapore, Australia, as well as in the United Kingdom used for retail and office purposes. Last Friday (20 October) evening, the REIT have made available its business update for the 3rd quarter of the financial year ended 30 September (i.e., Q3 FY2023), and in this post, you will find my review of its key financial figures, portfolio occupancy and debt profile, along with its distribution payout to unitholders…
iShares MSCI Japan ETF (NYSE ARCA:EWJ) – What You Need to Know Before You Invest in It
Among the topics in my discussions with fellow retail investors over the past couple of months, one of them was about investing in other countries for diversification – and one of the countries being mentioned is Japan, due to it being the 3rd largest economy in the world, and also the fact that the weak Japanese Yen against the US dollar makes the country’s assets attractive to foreign investors. Besides studying and buying individual Japanese stocks, you can also get diversification and be invested in a basket of Japanese stocks by investing in an ETF – and one of them you may want to have a look at is the iShares MSCI Japan ETF (NYSE ARCA:EWJ). In this post, I will be sharing with you researches I have done, including information about the underlying index it tracks, fees of the ETF, dividend payout to investors, breakdown of the sectors of the constituents of the ETF, brief introduction on the top 10 companies that make up the biggest weightage in the ETF, along with my preferred buy points based on its weekly price movements since its inception…
What You Need to Know about Keppel DC REIT’s Q3 FY2023 Business Update
Asia’s first pure-play data centre REIT in Keppel DC REIT (SGX:AJBU) has just made available its business update for the 3rd quarter of FY2023 after market hours in the evening (16 October). As a unitholder of the data centre REIT, I have studied its latest ‘report card’ and in this post, you will find my review of its key financial figures, as well as its portfolio occupancy and debt profile…
3 Key Lessons I have Learned as a Retail Investor
Just like anyone who is starting out to build his/her long-term investment portfolio, the journey is anything but ‘smooth sailing’. Chance are the obstacles you are faced with are exactly the same, if not similar to what I have faced. In today’s post, you will find 3 key lessons I have learned in the last 3+ years as a retail investor which I hope you will find useful, and at the same time, inspire and motivate you to get started (if you are still sitting on the fence)…
Opinion: Should REITs Invest Solely in Properties in Singapore?
For those of you who have studied the latest results released by the REITs listed in Singapore, you will notice that apart from higher borrowing costs, for those with properties overseas, unfavourable foreign exchange as a result of a strong Singapore dollar (where the REITs report its financial figures in) is another reason for the weaker distribution payout (compared to last year.) On the latter, one of the questions asked by a number of unitholders is whether the REITs should divest the overseas properties and focus solely in Singapore. In today’s post, you will find my take on this…
My Analysis of Frasers Logistics & Commercial Trust
Initially listed as Frasers Logistics & Industrial Trust back in 20 June 2016, it was renamed to Frasers Logistics & Commercial Trust (SGX:BUOU), or FLCT for short, after its merger with Frasers Commercial Trust on 29 April 2020. As at the end of the financial year 2021/22 on 30 September 2022, the REIT’s portfolio comprised of 105 industrial and commercial properties worth approximately S$6.7 billion across 5 major developed markets. Apart from learning more about the REIT’s investments, you will also learn about its financial performances, portfolio occupancy and debt profile, as well as distribution payouts to unitholders over the last 4 financial years, as well as in the 1st half of the current financial year 2022/23…
Impact of High Interest Rate Environment on REITs. Are They a Sell?
One of the questions I’m asked by many, in light of the current high interest rate environment, and distribution payouts being negatively impacted, is whether they should divest their investments in the REITs they have. No doubt distribution payout in the near-term is going to be weaker compared to last year, but are they really a sell? The best way for me to explain this is to show you a quick evaluation on the things I look at when I study a REIT’s latest quarter results/business update, which you can find in today’s post…
