To The Moon

$AIMS APAC Reit(O5RU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight AAREIT reported higher year-on-year gross revenue, supported by stronger rental contributions from its Singapore portfolio. This was partially offset by reduced income from 7 Clementi Loop, which is undergoing asset enhancement works, and the depreciation of the Australian dollar against the Singapore dollar. Despite the revenue growth, net property income (NPI) saw a slight decline due to higher property expenses. Nonetheless, distribution income and distribution per unit (DPU) improved year-on-year, aided by a higher proportion of management fees paid in units, lower trust expenses, higher foreign exchange gain, and the release of retained earnin

$Mapletree Ind Tr(ME8U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI have remained similar YoY. Borrowing costs have decreased due to loan repayment and lower interest on unhedged loans. However, distribution declared by joint ventures has declined significantly YoY due to higher financing costs and the absence of a one-off release of previously withheld amounts. Despite this, the amount available for distribution and DPU rose slightly YoY, supported by the distribution of net divestment gain. Rental Reversion MIT achieved a healthy weighted average rental reversion of +8.1%, reflecting strong leasing momentum across key segments such as Hi-Tech Buildings and Data Centres. Divestment In April

$First Reit(AW9U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight First REIT posted a YoY decline in gross revenue, NPI, distributable income, and DPU. The drop was mainly driven by the depreciation of the Indonesian Rupiah and Japanese Yen against the Singapore Dollar. However, the decline was partially cushioned by stronger rental contributions from its Singapore properties. Related Parties Shareholding REIT Sponsor's Shareholding: Favorable REIT Manager's Shareholding: Favorable Directors of REIT Manager's Shareholding: Moderate Lease Profile Committed Occupancy: Favorable Income Received in SGD/Major Currencies: Less Favorable Highest Annual Lease Expiry in 4 Years: Favorable WALE: Favorable Weighted Average Land

Basic Profile & Key Statistics Key Indicators Performance Highlight SERT delivered a stable set of results for 1Q 2025. Gross revenue remained largely flat year-on-year, while NPI rose 2.4%, helped by higher income from select properties and a reversal of bad debt provisions in France after two tenants settled their arrears. However, distributable income and indicative DPU fell year-on-year, primarily due to higher borrowing costs. Rental Reversion Portfolio rental reversion stood at +1.7% in the quarter. The logistics and light industrial segment saw a +4.9% uplift, while the office segment recorded a slight -0.6% reversion. Asset Enhancement Initiative and Development Two AEIs/developments are committed for Nove Mesto One Industrial Park 1 and Spennyoor, focusing on space expansion a

$Frasers Cpt Tr(J69U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight FCT delivered a stronger YoY performance, with improvements in gross revenue, NPI, distribution from investments, and distribution to unitholders. This was driven by the completion of the AEI at Tampines 1, better overall portfolio performance, and the acquisition of an additional interest in NEX. However, DPU remained flat, largely due to an enlarged unitholder base, lower proportion of management fees paid in units, and the absence of a retention release seen in the previous year. Rental Reversion The retail portfolio achieved a healthy rental reversion of 9%, with Central Plaza reporting an even stronger 10.3%. Shopper Traffic & Tenant Sales

$Mapletree PanAsia Com Tr(N2IU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight MPACT reported a YoY decline in gross revenue, NPI, amount available for distribution, and DPU, mainly due to the divestment of Mapletree Anson in July 2024 and weaker overseas contributions. However, performance was partly cushioned by lower property expenses and steady contributions from VivoCity despite ongoing AEI works. Rental Reversion Portfolio rental reversion for FY24/25 was 3.6%, supported by positive reversions from Singapore properties, while China, Hong Kong and Japan continued to record negative reversions. Shopper Traffic & Tenant Sales At VivoCity, shopper traffic declined marginally by 0.1% YoY, while tenant sales dip

$Mapletree Log Tr(M44U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Mapletree Logistics Trust (MLT) reported a mixed set of results for 4Q FY24/25: Gross revenue and NPI dipped slightly year-on-year, primarily due to lower contributions from China, currency depreciation, and absence of revenue from divested assets. These were partially offset by stronger performance from Singapore, Australia, and Hong Kong SAR, as well as contributions from acquisitions completed in 1Q FY24/25. DPU declined 11.6% YoY to 1.955 cents, impacted by lower NPI, higher borrowing costs, and smaller capital distributions from divestments. Rental Reversion MLT achieved an overall portfolio rental reversion of +5.1% for the quarter. While m

$ParkwayLife Reit(C2PU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight PLIFE delivered a steady performance in 1Q FY25, supported by contributions from acquisitions made in August and December 2024. Gross revenue, NPI, and amount available for distribution grew year-on-year, supported by: Full-quarter contributions from one nursing home in Japan and eleven nursing homes in France Step-up lease arrangements for the Singapore hospital properties However, DPU rose modestly by 1.3% due to an enlarged unitholder base following an equity fundraising exercise. Divestment On 21 April 2025, PLife REIT announced the divestment of its Malaysia portfolio for RM20.09 million (S$6.09 million), which is 4.6% above the average of t

$Keppel DC Reit(AJBU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight KDC delivered a strong YoY performance for 1Q 2025, with improvements across gross revenue, NPI, finance income, distributable income, and DPU. Key drivers include: Contributions from the acquisition of Keppel DC Singapore 7 & 8 and Tokyo Data Centre 1 in 2024 Positive rental reversions and escalations Higher finance income from the Australia Data Centre Note These gains were partially offset by the divestment of Intellicentre Campus and a one-off dispute settlement in 2024. Finance costs also declined, supported by lower interest rates and savings from loan repayments. Rental Reversion & Divestment KDC recorded a 7% rental reversion in 1Q

$Mapletree Ind Tr(ME8U.SI)$ $Mapletree Log Tr(M44U.SI)$ $Mapletree PanAsia Com Tr(N2IU.SI)$ Below is a comparison using the latest data from comparison tables on S-REITs Comparison 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 and this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Fundamental Overvie