Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 666.29 to 632.65 (5.04%) compared to last month’s update. The REIT index is now trading in a downward parallel channel, breaking the 20D SMA support again (now turned resistance). The new support is now the bottom line of the parallel channel, followed by the 591 support (low during the March 2020 crash). Short-term direction: Down Medium-term direction: Down Long-term direction: Down Immediate Support at 591 Immediate Resistance at 20D SMA, 50D SMA FTSE RE ..read more

2nd April 2024 Money and Me: Manulife US REIT where could it be heading? Are we at the tail end of the down cycle for S-Reits? Who are the S-REITs winners and losers of Q1 2024? How should investors be reading Manulife US REIT’s management change? And where can we find attractive opportunities in Japan-exposed S-REITs? Michelle Martin finds out with Kenny Loh, REIT Specialist and Independent Financial Advisor.     Note: The above analysis are my own personal views and are NOT buy or sell recommendations. Investors who would like to leverage my extensive research and y ..read more

2nd April 2024 Money and Me: Manulife US REIT where could it be heading? Are we at the tail end of the down cycle for S-Reits? Who are the S-REITs winners and losers of Q1 2024? How should investors be reading Manulife US REIT’s management change? And where can we find attractive opportunities in Japan-exposed S-REITs? Michelle Martin finds out with Kenny Loh, REIT Specialist and Independent Financial Advisor.     Note: The above analysis are my own personal views and are NOT buy or sell recommendations. Investors who would like to leverage my extensive research and y ..read more

15th March 2024 Money and Me: Will more S-REIT’s suspend distributions? Who were the best and worst S-REITs performers of February 2024? And with US inflation staying persistent, how might this affect the US Fed interest rate cut roadmap and ultimately, the growth of S-REITs for the rest of this year? Which S-Reit’s could be mutl-baggers and why? Michelle Martin asks Kenny Loh, REIT Specialist and Independent Financial Advisor.     Note: The above analysis are my own personal views and are NOT buy or sell recommendations. Investors who would like to leverage my extensive research a ..read more

  Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 653.16 to 666.29 (2.01%) compared to last month’s update. The REIT index is now trading in a sideways, with the 50D SMA (666) being the immediate resistance. Short-term direction: Sideways Medium-term direction: Down Long-term direction: Down Immediate Support at 20D SMA Immediate Resistance at 50D SMA FTSE REIT Index Chart Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on March 3rd, 2024. &nb ..read more

  Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 676.08 to 653.16 (-3.39%) compared to last month’s update. The REIT index is now trading in a downward channel, with the 20D SMA being the immediate resistance. It has broken the previous low in Oct 2022 (support), and has a new support at 611. Short-term direction: Down Medium-term direction: Down Long-term direction: Down Immediate Support at 611 (previous low in Oct 2023) Immediate Resistance at 20D SMA, followed by 200D SMA FTSE REIT Index Chart Previou ..read more

16th February 2024 Money and Me: US Office Reits – the immediate outlook is bleak but there are opportunities for investors We take a closer look at the deterioration of the pure play US office Reit sector. With the US Fed interest rate path as vague as ever, which companies are likely to struggle and can investors find attractive opportunities? Michelle Martin asks Kenny Loh, REIT Specialist and Independent Financial Advisor.       Note: The above analysis are my own personal views and are NOT buy or sell recommendations. Investors who would like to leverage my extensive rese ..read more

As interest rates rise and costs increase, Singapore REIT managers are navigating tough waters. We had the opportunity to host a panel of top industry leaders shed light on how they’re adapting – and what savvy investors need to know. The conversation revolved around the impact of interest rates on Singapore Real Estate Investment Trusts (REITs). SPECIAL GUEST: Emelia Tan, Director of Research at the Singapore Exchange (SGX); Nupur Joshi, CEO of the REIT Association of Singapore (REITAS); and Kenny Loh, Wealth Advisory Director and REIT Specialist at REITSavvy. With over 40 years ..read more

This article first appeared on REITsavvy, my new website featuring my own REITs screener. MANULIFE US REIT unveiled its FY2023 financial results on February 8, 2024. The REITsavvy team made a visit to MUST to attend the live briefing session and met with the management team. Here are key highlights that investors should know of. *Image from MUST REIT presentation slide Quick Glance In the fiscal year 2023, MANULIFE US REIT demonstrated growth with a 2.7% increase in gross revenue and a slight uptick of 1.3% in Net Property Income (NPI). It’s heartening to witness these improvements desp ..read more

新年快乐! Have a happy Chinese New Year! Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 712.46 to 676.08 (-5.11%) compared to last month’s update. The REIT index is now in a downward parallel channel, with the 200D SMA being the immediate resistance, followed by the 739 as the next resistance. Short-term direction: Down Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 662 (previous low in Oct 2022) Immediate Resistance at 200D SMA, 739 FTSE REIT Index Chart Previous chart on FTSE ..read more