If you've encountered any REIT posts you think need to be included, please let me know; I'll gladly include them. On the other hand, if you're looking for even more up-to-date information and insights, I recommend joining the 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) Should You Invest In ESR LOGOS REIT [Fundamental Analysis] by Consulting Dan 2) CapitaLand Integrated Commercial Trust (SGX: C38U): 2024 First Quarter Business Upd ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Despite a slight increase in gross revenue, NPI has declined slightly due to higher tax and property expenses. However, income available for distribution and DPS have declined significantly due to higher finance costs. Revenue per Available Room RevPAR has experienced an uplift for properties located in Australia, Japan, and Malaysia, while witnessing a decrease for those in Singapore and the U.K. Related Parties Shareholding The directors of REIT manager hold a high proportion. Lease Profile ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI saw a YoY uptick, driven by increased rentals and recoveries. Despite this, distributions to unitholders remained steady, as management opted to receive more management fees in cash. Meanwhile, DPU faced a notable decline, impacted by the enlarged unitholder base from the mid-2023 equity fundraising. Rental Reversion Rental reversion for 4Q and FY is at 31.7% and 24.3% respectively. Asset Enhancement Initiatives There are 2 ongoing AEIs, which are expected to commence lease by Q1 FY26 an ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue, NPI and amount distributable to unitholders remain similar YoY. However, it's worth noting that the slight increase in distributable income is attributed to the distribution of divestment gain amounting to S$12 million this year, compared to S$2.86 million last year. DPU on the other hand, declined YoY due to an enlarged unitholder base. Rental Reversion  Rental reversion for 4Q FY23/24 is at 2.9%.  Acquisition In February, MLT completed the acquisition of Farrukhnagar in Delhi. Ad ..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) Frasers Centrepoint Trust 1H2024 Financial Results by My Sweet Retirement 2) Bought back Mapletree Pan Asia Commercial Trust (M ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI declined slightly YoY mainly due to the depreciation of the Japanese Yen. On the other hand, the amount available for distribution and DPU have improved YoY probably due to the foreign exchange gain arising from hedging. Related Parties Shareholding The REIT sponsor and directors of the REIT manager hold a relatively high proportion of shares, while the REIT manager holds a relatively low proportion. Lease Profile The committed occupancy is high and WALE is long with no major lease e ..read more

Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI declined YoY mainly due to lower income resulting from the divestment of  Bari Europa, Bari Trieste and Piazza Affari. Coupled with higher net finance costs, distributable income and indicative DPU declined YoY.  Rental Reversion The rental reversion for 1Q 2024 stands at 9.2%. Divestment In 1Q FY23, CEREIT divested Grojecka 5. While in April, CEREIT divested Via Brigata Padova 19 and Grandinkulma.  Development Redevelopment for Nervesa 21 was comp ..read more

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