Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI have seen slight improvements year-over-year, mainly driven by contributions from the newly acquired data centre in Osaka and new leases at the redeveloped property at Mapletree Hi-Tech Park @ Kallang Way. Additionally, distributions declared by joint ventures have significantly increased. Consequently, distribution to unitholders and DPU have improved. Rental Reversion The weighted average rental reversion is at 6.6%. Divestment MIT divested the Tanglin Halt Cluster in March. Relate ..read more

   If you've come across any REIT posts that you think are missing, please don't hesitate to let me know and I'll be more than happy to include them. On the other hand, if you're looking for even more up-to-date information and insights, I highly recommend joining REIT Investing Community or Singapore REITs Post Telegram Channel. You'll find a wealth of knowledge and a great community of like-minded individuals there. See you soon! Article 1) Keppel DC REIT 1Q2024 Operational Updates by My Sweet Retirement 2) Mapletree Industrial Trust (SGX: ME8U): 2024 Full Year Resu ..read more

Basic Profile & Key Statistics Main Sector(s): Retail Country(s) with Assets: Singapore & Malaysia No. of Properties (exclude development/associate/fund): 10 Key Indicators Performance Highlight Gross revenue and NPI have declined YoY due to the divestment of Changi City Point and AEI of Tampines 1. Distribution from joint ventures has improved YoY due to the acquisition of an additional 10% stake in Waterway Point and the acquisition of a 25.5% interest in NEX. Nonetheless, distribution to unitholders and DPU remain similar despite the NPI decline due to higher managem ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue, NPI, distributable amount and DPU declined slightly YoY mainly due to stronger Singapore Dollar against the Indonesia Rupiah and the Japanese Yen. Related Parties Shareholding The REIT sponsor, REIT manager, and directors of the REIT manager hold a relatively high proportion of shareholding. Lease Profile Committed occupancy stands at 100%, with a long WALE and no major lease expiry within 4 years. However, the proportion of income in SGD/major currencies is low. Debt Profile The ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI improved YoY due to better performance from Singapore properties. The amount available for distribution and DPU have improved YoY due to improved NPI, higher forex gain and lower tax expenses. Rental Reversion Portfolio rental reversion is at 2.9%.  Shopper Traffic & Tenant Sales In the latest quarter, both shopper traffic and tenant sales have seen improvement for VivoCity. However, Festival Walk experienced a decline in both shopper traffic and tenant sales.  R ..read more

   If you've come across any REIT posts that you think are missing, please don't hesitate to let me know and I'll be more than happy to include them. On the other hand, if you're looking for even more up-to-date information and insights, I highly recommend joining REIT Investing Community or Singapore REITs Post Telegram Channel. You'll find a wealth of knowledge and a great community of like-minded individuals there. See you soon! Article 1) I Bought MPACT by My Sweet Retirement 2) Why are REIT / Stock prices dropping? Will I buy now or wait? (as a Singapore Investor ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI have seen improvements YoY mainly due to the settlement sum from DXC, which amounts to 13.3 million, inclusive of GST. However, distributable income and DPU have declined mainly due to loss allowance from Guangdong DCs, higher finance costs and less favorable forex hedges. Divestment In April, KDC divested Intellicentre Campus at a significant premium to the original investment and valuation. A$ 90 million from the sales proceeds is reinvested into AU DC Note, which Macquarie Data Centres ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI remain similar YoY. However, income available for distribution declined due to higher finance costs.  Rental Reversion Rental revision for 1Q is at -1.4%. Related Parties Shareholding The directors of the REIT manager hold a relatively high proportion of shares whereas the sponsor holds a relatively low proportion of shares. Lease Profile The lease expiry is well spread, and all properties are freehold. However, the committed occupancy rate is relatively low. Debt Pr ..read more

Below is a comparison using the latest data from comparison tables on SREITs Data page. The most favorable figures are marked in blue and given a +1 score, while the least favorable are in red with a -1 score. The highest score in each category determines the winner. Note that this is a simple comparison without weightage assigned to each figure and this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Overall Ranking Now, let's dive into the details ..read more

   If you've come across any REIT posts that you think are missing, please don't hesitate to let me know and I'll be more than happy to include them. On the other hand, if you're looking for even more up-to-date information and insights, I highly recommend joining REIT Investing Community or Singapore REITs Post Telegram Channel. You'll find a wealth of knowledge and a great community of like-minded individuals there. See you soon! Article 1) REIT Earnings Season is Approaching: 5 Aspects Investors Should Watch for by The Smart Investor 2) Should You Invest In Parkway ..read more