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2023-03-11

European Office Focused REITs Comparison @ 8 March 2023

$EliteComREIT GBP(MXNU.SI)$ $IREIT GLOBAL(UD1U.SI)$ $Cromwell Reit EUR(CWBU.SI)$ $Cromwell Reit SGD(CWCU.SI)$ Below is the comparison for European office-focused REITs based on the latest result, extracted from SREITs Data page: Image generated from Playground AI Fundamental Basic & Key Statistics: Winner: Cromwell European REIT Related Parties Shareholding: Winner: Elite Commercial REIT Lease Profile: Winner: Elite Commercial REIT Debt Profile: Winner: IREIT Global Diversification Profile: Winner: Cromwell European REIT Key Financial Metrics: Winner: Elite Commercial REIT Gr
European Office Focused REITs Comparison @ 8 March 2023
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2022-02-26

CapitaLand Integrated Commercial Trust Review @ 16 February 2022

$CapLand IntCom T(C38U.SI)$Basic Profile & Key StatisticsCapitaLand Integrated Commercial Trust (CICT) invests in mainly Retail and Office properties which currently owns 23 properties in Singapore and Germany.Performance HighlightGross revenue, NPI and distributable income have increased YoY due to enlarged portfolio from the merger with CapitaLand Commercial Trust in October 2020. However, DPU is lower due to the enlarge unitholders base from merger.Tenant Sales & Shopper TrafficThe shopper traffic and tenant sales for 4Q are similar to 3Q due to phase 2 heightened alert and stabilization phase which ended in 21 Nov. After which, some slight improvement achieved in 4Q. As compared to 2019 average, FY21 tenant sales has
CapitaLand Integrated Commercial Trust Review @ 16 February 2022
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2023-07-29

Mapletree Logistics Trust Review @ 26 July 2023

$MAPLETREE LOGISTICS TRUST(M44U.SI)$ Basic Profile & Key Statistics Main Sector(s): Logistics Country(s) with Assets: Singapore, China, Hong Kong, Japan, Australia, South Korea, Malaysia, Vietnam & India No. of Properties (exclude development/associate/fund): 190 Key Indicators Performance Highlight Gross revenue and NPI declined YoY mainly due to the depreciation of RMB, JPY, KRW and AUD against SGD. Borrowing costs have increased as well as a result of higher interest rates. However, the amount distributable to unitholders and DPU increased slightly YoY due to higher distribution from divestment proceeds as well as full distribution of written back provision of capital gain tax. Excluding distribution from divestment proceeds (fo
Mapletree Logistics Trust Review @ 26 July 2023
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2023-04-30

First REIT Review @ 25 April 2023

$FIRST REAL ESTATE INV TRUST(AW9U.SI)$ Basic Profile & Key Statistics Main Sector(s): Healthcare, Hospitality & Retail Country(s) with Assets: Indonesia, Singapore & Japan No. of Properties (exclude development/associate/fund): 32 Key Indicators Performance Highlight Gross revenue, NPI and distributable income improved YoY mainly due to the Contribution from 14 Japan Nursing Homes which were acquired in 2022. However, DPU has improved slightly as compared to distributable income due to an enlarged unitholder base. Related Parties Shareholding REIT Sponsor's Shareholding: Above median by 20% or more REIT Manager's Shareholding: Above median by 20% or more Directors of REIT Manager's Shareholding: Above median by 20% or more Lease Pro
First REIT Review @ 25 April 2023
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2022-03-14

Industrial REITs Comparison - Part 1 @ 15 March 2022

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ Below is the comparison for industrial REIT (with market cap S$ 3.5 B and above) based on the latest result, extracted from comparison tables on SREITs Data page:Photo by Kateryna Babaieva from PexelsFundamental* Growth Trend for DPU is not adjusted for equity fundraising.REIT with the most number of green cells:1) Basic Profile & Key Statistics - AREIT2) Related Parties Shareholding - FLCT3) Lease Profile - FLCT4) Debt Profile - KDC5) Diversification - AR
Industrial REITs Comparison - Part 1 @ 15 March 2022
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2023-04-09

Frasers Group's REITs Comparison @ 6 April 2023

$Frasers Hospitality Tr.(FRSRF)$ $FRASERS CENTREPOINT TRUST(J69U.SI)$ $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ Below is the comparison for Frasers group's REITs based on the latest result, extracted from comparison tables on SREITs Data page. Note that this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Fundamental Basic & Key Statistics: Winner: Frasers Logistics & Commercial Trust Related Parties Shareholding: Winner: Frasers Centrepoint Trust Lease Profile: Winner: Frasers Logistics & Commercial Trust Debt Profile: Winner: Fraser
Frasers Group's REITs Comparison @ 6 April 2023
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2023-04-02

China Retail Focused REITs/BizTrust Comparison @ 30 March 2023

$CapLand China T(AU8U.SI)$ $SASSEUR REIT(CRPU.SI)$ $BHG RETAIL REIT(BMGU.SI)$ $DASIN RETAIL TRUST(CEDU.SI)$ Below is the comparison for China retail-focused REITs based on the latest result, extracted from comparison tables on SREITs Data page. However, note that Dasin Retail Trust data is based on 3Q 2022 as the 4Q result is yet to be released. Image generated from Playground AI Fundamental Basic & Key Statistics: Winner: Sasseur REIT Related Parties Shareholding: Winner: Tie between CapitaLand China Trust, Dasin Retail Trust & Sasseur REIT Lease Profile: Winner: Tie between Capit
China Retail Focused REITs/BizTrust Comparison @ 30 March 2023

Singapore Office Focused REITs Comparison @ 15 September 2024

$Mapletree PanAsia Com Tr(N2IU.SI)$ $KEPPEL REIT(K71U.SI)$ $Suntec Reit(T82U.SI)$ $OUEREIT(TS0U.SI)$ 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.  Unweighted Ranking Fundamental Overview, Related Parties Shareholding & Lease Profile: Debt Prof
Singapore Office Focused REITs Comparison @ 15 September 2024
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2022-03-13

Data Centre Focused REITs Comparison @ 13 March 2022

$DigiCore Reit USD(DCRU.SI)$ $KEPPEL DC REIT(AJBU.SI)$ $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ Below is the comparison for data centre focused REITs based on the latest result  (include Digital detail from IPO prospectus), extracted from SREITs Data page:Image byananititfromPixabayFundamental* Growth Trend for DPU is not adjusted for equity fundraising.REIT with the most number of green cells:1) Basic Profile & Key Statistics - MIT2) Related Parties Shareholding - DCR3) Lease Profile - DCR & MIT4) Debt Profile - DCR5) Diversification - MIT6) Key Financial Metrics - K
Data Centre Focused REITs Comparison @ 13 March 2022
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2023-04-07

ESR Group's REITs Comparison @ 4 April 2023

$ARA US HOSPITALITY TRUST(XZL.SI)$ $ESR-REIT(J91U.SI)$ $SABANA SHARI'AH COMPLIANT REIT(M1GU.SI)$ Below is the comparison for ESR group's REITs based on the latest result, extracted from comparison tables on SREITs Data page. Note that this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Fundamental Basic & Key Statistics: Winner: ESR-LOGOS REIT Related Parties Shareholding: Winner: ARA US Hospitality Trust Lease Profile: Winner: ESR-LOGOS REIT Debt Profile: Winner: Sabana Industrial REIT Diversification Profile: Winner: ESR-LOGOS REIT Key Financial Metrics: W
ESR Group's REITs Comparison @ 4 April 2023
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2022-03-06

United Hampshire US REIT Review @ 6 March 2022

$UtdHampshReitUSD(ODBU.SI)$  Basic Profile & Key Statistics United Hampshire US REIT (UHREIT) invests in Retail and Logistics (self-storage) properties which currently owns 24 properties in U.S. Performance Highlight As compared to 2H 2020, gross revenue, NPI, distributable income and DPU have improved YoY due to higher contribution from self-storage properties as well as newly acquired properties. Tenant Sales Tenant sales has improved YoY for the 4 anchor tenants. Acquisition In November 2021, UHREIT has completed the acquisition of Penrose Plaza and Colonial Square. Divestment UHREIT has announced for proposed divestment for Elizabeth and Perth Amboy self-storage properties. The divestment gain is at US$ 3.1 mil
United Hampshire US REIT Review @ 6 March 2022
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2022-12-29

ESR Group's REITs Comparison @ 27 December 2022

$ARA US HOSPITALITY TRUST(XZL.SI)$ $ESR-REIT(J91U.SI)$ $SABANA SHARI'AH COMPLIANT REIT(M1GU.SI)$  Below is the comparison for ESR group's REITs based on the latest result, extracted from comparison tables on SREITs Data page.Note that this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location. Fundamental Basic & Key Statistics: Winner: ESR-LOGOS REIT Related Parties Shareholding: Winner: Tie Lease Profil
ESR Group's REITs Comparison @ 27 December 2022
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2023-05-06

CapitaLand India Trust Review @ 3 May 2023

$CapLand India T(CY6U.SI)$ Basic Profile & Key Statistics Main Sector(s): Office & Logistics Country(s) with Assets: India No. of Properties (exclude development/associate/fund): 10 Key Indicators Performance Highlight Total property income and NPI increased YoY mainly due to high occupancy and contribution from Aurum Q1, Arshiya Warehouse 7 and Industrial Facility in Mahindra World City which were acquired between Nov 2021 to May 2022. Rental Reversion Besides ITPB, ITPC and aVance Hyderabad, rental reversion is positive for other properties. Acquisition ITPP-H acquisition was approved by unitholders at an EGM on 17 April 2023 and is expected in 1H 2023.  Pipeline (3rd Party Forward Purchase) Construction for aVance 5 is completed
CapitaLand India Trust Review @ 3 May 2023
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2023-03-17

Industrial REITs Comparison - Part 1 @ 14 March 2023

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ $KEPPEL DC REIT(AJBU.SI)$ $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ Below is the comparison for industrial REITs (with market cap S$ 3B and above) based on the latest result, extracted from comparison tables on SREITs Data page: Image generated from Playground AI Fundamental Basic & Key Statistics: Winner: Mapletree Industrial Trust Related Parties Shareholding: Winner: Tie between Frasers Logistics & Commercial Trust & Mapletree Industrial Trust Lease Profile: Winner: Frasers Logistics & Com
Industrial REITs Comparison - Part 1 @ 14 March 2023
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2023-05-21

Mapletree Logistics Trust Review @ 18 May 2023

$MAPLETREE LOGISTICS TRUST(M44U.SI)$ Basic Profile & Key Statistics Main Sector(s): Logistics Country(s) with Assets: Singapore, China, Hong Kong, Japan, Australia, South Korea, Malaysia, Vietnam & India No. of Properties (exclude development/associate/fund): 191 Key Indicators Performance Highlight Gross revenue and NPI declined slightly YoY mainly due to the depreciation of RMB, JPY, KRW and AUD against SGD. However, distribution to unitholders improved slightly mainly due to a combination of hedging at the distribution level, higher management fees received in units and lower tax expenses. Rental Reversion Rent reversion for the latest quarter is at +3.1%. Acquisition MLT announced the proposed acquisition of 8 properties in  Ja
Mapletree Logistics Trust Review @ 18 May 2023
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2022-10-14

SPH REIT Review @ 12 October 2022

$SPH REIT(SK6U.SI)$ Basic Profile & Key Statistics Main Sector(s): Retail & Healthcare Country(s) with Assets: Singapore & Australia No. of Properties (exclude development/associate/fund): 5 Key IndicatorsPerformance HighlightFor 2H FY22, gross revenue and NPI have improved yoy due to lower rental assistance granted and improvement in tenant sales. However, distributable income, distribution and DPU are lower yoy. The distribution for 2H 2021 included S$ 7.2 mils deferred distribution from FY2020.While for 12M FY22, gross revenue, NPI, distributable income, distribution to unitholders and DPU have improved slightly yoy. The distribution for 12M FY22 included S$ 14.5
SPH REIT Review @ 12 October 2022
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2023-02-26

Far East Hospitality Trust Review @ 23 February 2023

Basic Profile & Key Statistics Main Sector(s): Hospitality, Retail & Office Country(s) with Assets: Singapore No. of Properties (exclude development/associate/fund): 12 Key Indicators Performance Highlight Despite the divestment of Central Square on 24 March 2022, gross revenue, NPI and the income available for distribution increased yoy mainly due to higher income from the hotels' segment. Revenue per Available Room REVPAR has been improving for both hotels and serviced residences where REVPAR for hotels has recovered to 90% of the 2019 level and REVPAR for serviced residences has surpassed the 2019 level. Asset Enhancement Initiative AEI for Orchard Rendezvous Hotel has been completed forecourt and outdoor refreshment area as well as enhancement and repainting of the facade.
Far East Hospitality Trust Review @ 23 February 2023
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2022-04-05

Top 10 Singapore REITs with the Highest YTD Returns in 2022 Q1

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ $CapLand IntCom T(C38U.SI)$ $MAPLETREE LOGISTICS TRUST(M44U.SI)$ Photo by Kindel Media from PexelsAt the 2021 year-end, many expected 2022 would be a better year for economic recovery due to the easing of COVID-19 restrictions and more and more borders re-opening. However, due to the war between Russia and Ukraine, the recovery is affected. Fortunately, towards the end of March, most Singapore REITs have rallied upon the announcement of COVID-19 restriction easing and border opening. The first quarter of 2022 is a bumpy one for Singapore REITs, most a
Top 10 Singapore REITs with the Highest YTD Returns in 2022 Q1
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2022-03-27

SREITs Fundamental Review @ 27 March 2022

$CapLand IntCom T(C38U.SI)$ $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ $MAPLETREE LOGISTICS TRUST(M44U.SI)$ * Above is extracted from SREITs Data - Overview Tab** Ascendas India Trust and Dasin Retail Trust are Business TrustsKey Statistics* SREITs in foreign currencies are converted to SGD for Market Cap Comparison** Dividend yields are based on REIT Major Sector* SREITs in foreign currencies are converted to SGD for Market Cap ComparisonLease Profile Committed occupancy≥ 99.5% Digital Core REIT Elite Commercial REIT First REIT Lendlease Global Commercial REIT Parkway Life REIT
SREITs Fundamental Review @ 27 March 2022
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2022-03-13

U.S. Office REITs Comparison @ 14 March 2022

$Prime US ReitUSD(OXMU.SI)$ $MANULIFE US REIT(BTOU.SI)$ $KEPPEL-KBS US REIT(CMOU.SI)$  Below is the comparison for U.S. Office Focused REITs based on the latest result, extracted from comparison tables on SREITs Data page: Photo by Aleksandar Pasaric from Pexels Fundamental * Growth Trend for DPU is not adjusted for equity fundraising. REIT with the most number of green cells: 1) Basic Profile & Key Statistics - Tie 2) Related Parties Shareholding - Tie 3) Lease Profile - MUST 4) Debt Profile - Prime 5) Diversification - Prime 6) Key Financial Metrics - Prime 7) Growth Trend - K
U.S. Office REITs Comparison @ 14 March 2022

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