3 REITs Trading Near their All-Time Highs

The Smart Investor2020-10-22

Real estate investment trusts (REITs) have suffered a beating in March when the market suffered a massive meltdown. As cuts in distribution per unit (DPU) started to happen, some investors started to ...

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Comments

LPN
2021-06-14
LPN
Good
377tkr
2021-05-24
377tkr
MIT -good entry price now?
Alvin1975
2021-02-26
Alvin1975
Why Mapletree ind keep dropping

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The REIT’s portfolio includes 53 properties across Singapore, Japan and Malaysia.\nParkway Life’s share price has risen over 21% in the past year and hit a peak of S$4.29 in September 2020. It’s now trading at around S$4.08.\nAs a healthcare-focused REIT, Parkway Life has managed to hold steady amidst the turbulence of the pandemic.\nThe REIT reported revenue growth of 4.9% year-on-year for the second quarter ended 30 June 2020, during a period where many other REITs saw a fall in revenue due to rental rebates and waivers.\nThis resilience has allowed Parkway Life to raise its DPU for the same period by 2.5% year-on-year to S$0.0336.\nThe REIT is on track to maintain their record of raising DPU every single year since its IPO in 2007.\nGoing forward, the REIT will enjoy increased rental income from its properties.\nIn Singapore, the minimum guaranteed rent (MGR) for hospitals will increase by 1.17% for one year, from 23 August 2020 onwards. This figure is pegged to the consumer price index (CPI), where the MGR will increase by a rate of CPI + 1%.\nThe REIT is also focused on acquiring more assets in the healthcare space, with the aim of reducing concentration risk and increasing DPU.\nFrasers Logistics & Commercial Trust (SGX: BUOU)\nFrasers Logistics & Commercial Trust, or FLCT, is a logistics and commercial REIT that manages 99 properties worth S$6 billion in five major developed markets across the world.\nFLCT’s share price is up 4.7% since 21 October 2019 and reached a high of S$1.47 in September.\nFLCT’s strength comes from its well-diversified portfolio of high-quality tenants.\nNo single tenant accounts for more than 4.8% of FLCT’s portfolio by gross rental income (GRI).\nIt also counts MNCs such as Alphabet(NASDAQ: GOOGL) and Bayerische Motoren Werke AG(ETR: BMW) amongst their tenants.\nIn its latest business update for the quarter ended 30 June 2020, the REIT reported a high portfolio occupancy of 97.2%, as well as a healthy weighted average lease expiry (WALE) of 5.2 years.\nThe resilience of FLCT amidst the greatest financial crisis since 2009 has certainly justified the merger between Frasers Logistics & Industrial Trust and Frasers Commercial Trust(SGX: ND8U) that was completed earlier in April.\nWant to know what stocks we like for our portfolio? See for yourself now. SimplyCLICK HEREto scoop up a FREE copy of our special report. As a bonus, we also highlight 6 blue chips stocks trading at a 10-year low. But you will want to hurry – this free report is available for a brief time only.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":185267925,"gmtCreate":1623654529167,"gmtModify":1704207905231,"author":{"id":"3578563881684908","authorId":"3578563881684908","authorIdStr":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578563881684908"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185267925","repostId":1179593782,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":131813929,"gmtCreate":1621844555861,"gmtModify":1704363174486,"author":{"id":"3582001642809284","authorId":"3582001642809284","authorIdStr":"3582001642809284","name":"377tkr","avatar":"https://static.tigerbbs.com/25cbfadab64a300119ffe30a37937ff2","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3582001642809284"},"htmlText":"MIT -good entry price now?","listText":"MIT -good entry price now?","text":"MIT -good entry price now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131813929","repostId":1179593782,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":368846371,"gmtCreate":1614312015993,"gmtModify":1704770510069,"author":{"id":"3573788625955643","authorId":"3573788625955643","authorIdStr":"3573788625955643","name":"Alvin1975","avatar":"https://static.tigerbbs.com/beba0668af2d109b87221754e75935b3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573788625955643"},"htmlText":"Why Mapletree ind keep dropping","listText":"Why Mapletree ind keep dropping","text":"Why Mapletree ind keep dropping","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368846371","repostId":1179593782,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":3,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1179593782"}