There are a total of 3 REITs Sponsored by Mapletree Investments Pte Ltd listed on the Singapore Exchange. All 3 of them are also constituents of the benchmark Straits Times Index (STI), they are: Mapletree Logistics Trust (SGX:M44U) – Listed since July 2005, the REIT is the first Asia-focused logistics REIT in Singapore; Mapletree Industrial Trust (SGX:ME8U) – Listed since October 2010, it invests in industrial and data centre properties in Singapore, United States, and Japan; Mapletree Pan Asia Commercial Trust (SGX:N2IU) – First listed as Mapletree Commercial Trust in April 2011, it was la ..read more

The REIT made its debut as CapitaLand Mall Trust (where it invests in retail malls in Singapore) back when it was listed in July 2002. It was the first REIT listed on the Singapore Exchange. However, it was renamed as CapitaLand Integrated Commercial Trust following its merger with another CapitaLand REIT in CapitaLand Commercial Trust (which invests in office properties in Singapore and Germany). Currently, the REIT is the largest in Singapore by market capitalisation, where it invests in retail, office, as well as integrated development properties. As at 31 December 2023, its portfolio comp ..read more

CapitaLand Ascendas REIT (SGX:A17U), or CLAR for short, is Singapore’s first and largest industrial and business space REIT back when it was listed on the Singapore Exchange in November 2002. It was also the first REIT that I added to my long-term investment portfolio back when I first embarked on my “portfolio building journey” in November 2019 (you can check out a list of all the companies I have investments in here), at S$2.93 – however, I have recently averaged down at S$2.57, and my average invested price for the REIT is at S$2.76. As at 31 December 2023 (which is the financial year end ..read more

Mention about Suntec REIT (SGX:T82U), the first thing that comes to mind is the Suntec City Mall (which is one of the largest shopping malls in Singapore), Suntec City Office Towers, and Suntec Singapore Convention & Exhibition Centre – all of them in the same location. In fact, it is Singapore’s largest integrated commercial development. However, not many know that they also own the following properties: Singapore: One-third interest in One Raffles Quay, Marina Bay Financial Centre Towers 1 & 2, and Marina Bay Link Mall; Australia: 100% interest in 31 Harris Street (Sydney), and 55 C ..read more

There are a total of 5 REITs and business trusts listed on the Singapore Exchange that are sponsored by CapitaLand Investments Limited: CapitaLand Ascendas REIT (SGX:A17U) – Singapore’s first and largest business space and industrial REIT CapitaLand Ascott Trust (SGX:HMN) – largest lodging trust in Asia Pacific CapitaLand India Trust (SGX:CY6U) – first Indian property trust in Asia CapitaLand Integrated Commercial Trust (SGX:C38U) – first and largest REIT listed on the Singapore Exchange CapitaLand China Trust (SGX:AU8U) – Singapore’s largest China-focused REIT Among the 5, I’m currently in ..read more

CapitaLand India Trust (SGX:CY6U), or CLINT for short, as the name implies, invests in properties in the South Asia country. The business trust’s focus is on the growing IT industry, industrial and asset classes, and new economy asset classes such as data centres. As at 31 December 2023 (which is its financial year end), its portfolio comprises 9 world-class IT business parks, 4 industrial and logistics facilities, and 4 data centre developments in India, valued at S$3.0 billion. Even though CLINT is structured as a business trust, it offers stable income distributions similar to a REIT (Real ..read more

Listed on the Singapore Exchange on 12 December 2014, Keppel DC REIT (SGX:AJBU) is Asia’s first pure-play data centre REIT. As the name suggests, it invests in properties used for data centre purposes. On top of that, it also invest in real estate and assets necessary to support the digital economy. Currently, its portfolio comprises 23 data centres strategically located in key data centre hubs in 13 cities in 9 countries across Asia Pacific and Europe. One concern surrounding Keppel DC REIT at the moment is tenant default at its Guangdong Data Centre, to which it has made loss allowances for ..read more

ESCO Technologies Inc. (NYSE:ESE) is a US-listed company that specialises in providing advanced technology solutions for the defence, aerospace, space, wireless, consumer electronics, healthcare, automotive, electric utility, and renewable energy industries. Image Source: ESCO Technologies’ Official Website – https://www.escotechnologies.com As you can see from the screenshot of the company’s website above, it reports its revenue under 3 business segments (I try to explain what each business segment do as layman as I can): (i) Aerospace & Defence (or A&D for short) – with 7 facilitie ..read more

Formed in 1932 from the merger of 3 local banks, Oversea-Chinese Banking Corporation Limited (SGX:O39), or OCBC for short, is the longest established bank in Singapore. It is also the 2nd largest financial services group in Southeast Asia by assets. The Singapore bank is one of the world’s most highly-rated banks, where it was given a credit rating of Aa1 by Moody’s and AA- by both Fitch and S&P. OCBC’s key markets are in Singapore, Malaysia, Indonesia, as well as in Greater China, where it offers a broad array of commercial banking, specialist financial and wealth management services, ra ..read more

Do you know? CapitaLand Integrated Commercial Trust (SGX:C38U) is the first and largest REIT listed on the Singapore Exchange with a market capitalisation of S$13.7 billion as at 31 December 2023. The REIT was first listed as CapitaLand Mall Trust back in July 2002, where it was just a pure-play retail mall REIT, before its merger with CapitaLand Commercial Trust, which invests in office properties in Singapore and Germany. Subsequently, its name was changed to CapitaLand Integrated Commercial Trust, or CICT for short, in November 2020. Currently, CapitaLand Integrated Commercial Trust’s port ..read more