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02-03 08:38

Mapletree Industrial Trust's 3Q FY24/25 Result Review

$Mapletree Ind Tr(ME8U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI have improved YoY mainly due to higher contributions from the Osaka Data Centre, newly acquired property in Japan and better performance across the portfolio. Distribution declared by joint ventures has declined significantly YoY due to higher borrowing costs. Overall, the amount available for distribution and DPU have improved slightly YoY amid the similar distribution from divestment gain. Rental Reversion The weighted average rental reversion stands at 9.8%, reflecting strong leasing momentum across the portfolio. Acquisition On 29 October, MIT completed the acquisition of a second property in Japan, further expanding its
Mapletree Industrial Trust's 3Q FY24/25 Result Review

Mapletree Logistics Trust's 3Q FY24/25 Result Review

$Mapletree Log Tr(M44U.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI showed a slight  YoY decline, primarily driven by lower contributions from China and the weakening of foreign currencies against the SGD. The amount distributable to unitholders and DPU declined due to a combination of higher borrowing costs, reduced distributions from divestment gains, and increased tax expenses. Rental Reversion The overall portfolio rental reversion stood at 3.4%, which is a positive sign. However, China continued to experience negative rental reversions. Notably, Australia saw a significant double-digit rental reversion Divestment In November, 3 properties were divested while 6 are pending dive
Mapletree Logistics Trust's 3Q FY24/25 Result Review

Sabana Industrial REIT's 2H FY24 Review

$Sabana Reit(M1GU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue and NPI improved YoY, driven by positive rental reversions across the portfolio. Total income available for distribution also increased, supported by higher NPI and lower expenses related to internalization, despite a rise in finance costs. Additionally, the total distribution amount declared saw a higher proportion due to lower retention compared to the previous year. Rental Reversion The rental reversion for 3Q and 4Q stands at 9.7% and 27.1%, respectively. Notably, Sabana has achieved positive rental reversions for 16 consecutive quarters. Asset Enhancement Initiative Multiple AEIs are being carried out across the portfolio.  Rel
Sabana Industrial REIT's 2H FY24 Review

Frasers Group's REITs Comparison @ 15 January 2025

$Frasers HTrust(ACV.SI)$ $Frasers L&C Tr(BUOU.SI)$ $Frasers Cpt Tr(J69U.SI)$ 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 and this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Unweighted Ranking Fundamental Ov
Frasers Group's REITs Comparison @ 15 January 2025

CapitaLand Group's REITs/BizTrust Comparison @ 12 January 2025

$CapLand Ascendas REIT(A17U.SI)$ $CapLand Ascott T(HMN.SI)$ $CapLand IntCom T(C38U.SI)$ $CapLand India T(CY6U.SI)$ $CapLand China T(AU8U.SI)$ 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 and this may not
CapitaLand Group's REITs/BizTrust Comparison @ 12 January 2025

Keppel Group's REITs Comparison @ 8 January 2025

$KEPPEL REIT(K71U.SI)$ $Keppel DC Reit(AJBU.SI)$ $KepPacOakReitUSD(CMOU.SI)$ 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 and this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Unweighted Ranking Fundamental Overv
Keppel Group's REITs Comparison @ 8 January 2025

Mapletree Group's REITs Comparison @ 5 January 2025

$Mapletree Log Tr(M44U.SI)$ $Mapletree PanAsia Com Tr(N2IU.SI)$ $Mapletree Ind Tr(ME8U.SI)$ 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 and this may not be an apple-to-apple comparison as each focuses on a different sector or a different geographical location.  Unweighted Ranking Fu
Mapletree Group's REITs Comparison @ 5 January 2025
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2024-12-27

Singapore Retail Focused REITs Comparison @ 22 December 2024

$Frasers Cpt Tr(J69U.SI)$ $CapLand IntCom T(C38U.SI)$ $Lendlease Reit(JYEU.SI)$ $StarhillGbl Reit(P40U.SI)$ $PARAGON REIT(SK6U.SI)$ 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 Fund
Singapore Retail Focused REITs Comparison @ 22 December 2024
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2024-12-23

U.S. Office REITs Comparison @ 18 December 2024

$Prime US ReitUSD(OXMU.SI)$ $KepPacOakReitUSD(CMOU.SI)$ $ManulifeReit USD(BTOU.SI)$ 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 Profile, Diversification Profile & Key Financial Metr
U.S. Office REITs Comparison @ 18 December 2024
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2024-12-18

Singapore Office Focused REITs Comparison @ 10 December 2024

$Suntec Reit(T82U.SI)$ $OUEREIT(TS0U.SI)$ $Mapletree PanAsia Com Tr(N2IU.SI)$ $KEPPEL REIT(K71U.SI)$ 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 @ 10 December 2024
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2024-12-16

Logistics Focused REITs Comparison @ 8 December 2024

$Mapletree Log Tr(M44U.SI)$ $Daiwa Hse Log Tr(DHLU.SI)$ $ESR-REIT(J91U.SI)$ $AIMS APAC Reit(O5RU.SI)$ $EC World Reit(BWCU.SI)$ 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 Fun
Logistics Focused REITs Comparison @ 8 December 2024
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2024-12-10

Industrial REITs Comparison - Part 2 @ 5 December 2024

$AIMS APAC Reit(O5RU.SI)$ $Cromwell Reit EUR(CWBU.SI)$ $Sabana Reit(M1GU.SI)$ $DigiCore Reit USD(DCRU.SI)$ $ESR-REIT(J91U.SI)$ 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 Fundament
Industrial REITs Comparison - Part 2 @ 5 December 2024
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2024-12-09

Industrial REITs Comparison - Part 1 @ 3 December 2024

$Mapletree Ind Tr(ME8U.SI)$ $Frasers L&C Tr(BUOU.SI)$ $CapLand Ascendas REIT(A17U.SI)$ $Keppel DC Reit(AJBU.SI)$ 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 Pr
Industrial REITs Comparison - Part 1 @ 3 December 2024
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2024-12-06

Data Centre Focused REITs Comparison @ 1 December 2024

$Mapletree Ind Tr(ME8U.SI)$ $Keppel DC Reit(AJBU.SI)$ $DigiCore Reit USD(DCRU.SI)$ 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 Profile, Diversification Profile & Key Financial Metrics: D
Data Centre Focused REITs Comparison @ 1 December 2024
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2024-12-04

Hospitality Trusts Comparison @ 28 November 2024

$Acro HTrust USD(XZL.SI)$ $Frasers HTrust(ACV.SI)$ $CapLand Ascott T(HMN.SI)$ $CDL HTrust(J85.SI)$ $Far East HTrust(Q5T.SI)$ 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,
Hospitality Trusts Comparison @ 28 November 2024
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2024-12-02

European Office Focused REITs Comparison @ 26 November 2024

$Cromwell Reit SGD(CWCU.SI)$ $IREIT Global SGD(UD1U.SI)$ $EliteComREIT GBP(MXNU.SI)$ $Cromwell Reit EUR(CWBU.SI)$ $IREIT Global EUR(8U7U.SI)$ 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 Ra
European Office Focused REITs Comparison @ 26 November 2024
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2024-11-28

China Retail Focused REITs Comparison @ 21 November 2024

$BHG Retail Reit(BMGU.SI)$ $CapLand China T(AU8U.SI)$ $Sasseur Reit(CRPU.SI)$ 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 Profile, Diversification Profile & Key Financial Metrics: D
China Retail Focused REITs Comparison @ 21 November 2024
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2024-11-26

Cromwell European REIT's 3Q FY24 Result Review

$Cromwell Reit SGD(CWCU.SI)$ $Cromwell Reit EUR(CWBU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Despite similar gross revenue, NPI has improved YoY. However, distributable income has declined mainly due to higher interest costs. Rental Reversion The rental reversion for 3Q 2024 stands at 2.3%. Related Parties Shareholding REIT Sponsor's Shareholding: Moderate REIT Manager's Shareholding: Less Favorable Directors of REIT Manager's Shareholding: Less Favorable Lease Profile Occupancy: Moderate Income Received in SGD/Major Currencies: Less Favorable WALE: Less Favorable Highest Lease Expiry in 4 Years: Favorable Weighted Average Land Lease Expiry: Moderate Debt Profile
Cromwell European REIT's 3Q FY24 Result Review
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2024-11-25

Frasers Logistics & Commercial Trust's 2H FY24 Result Review

$Frasers L&C Tr(BUOU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Year over year, gross revenue and adjusted NPI have seen improvement, mainly driven by contributions from Ellesmere Port, which achieved practical completion in December 2023 and from the acquisition of German logistics properties in March 2024. However, distributable income to unitholders and DPU have declined YoY despite a higher distribution from divestment gain mainly due to higher finance costs and 100% of management fees being paid in cash. Rental Reversion FLCT achieved strong portfolio rent reversion for the FY24, with 12.8% for incoming vs outgoing and 23.6% for average vs average. Acquisition On 5th November, FLCT completed
Frasers Logistics & Commercial Trust's 2H FY24 Result Review
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2024-11-22

AIMS APAC REIT's 1H FY25 Result Review

$AIMS APAC Reit(O5RU.SI)$ Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue, NPI and distributions to unitholders improved YoY, driven by rental growth across portfolios and income from the sale of electricity and renewable energy certificates generated from the rooftop solar photovoltaic systems at 6 Singapore properties. On the other hand, DPU remains similar due to the enlarged unitholder base from the mid-2023 equity fundraising. Rental Reversion Rental reversion for 1Q and 2Q is 12.8% and 23.9% respectively. Asset Enhancement Initiatives There are 2 ongoing AEIs, which are targeted to be completed by 1Q FY 2026. There are also ongoing upgrades related to ESG, including toilet upgrading, installation
AIMS APAC REIT's 1H FY25 Result Review

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