Raphael Lim

UMS Integration has gained from the strong AI-driven chip demand worldwide, posting a 43% rise in Q1 profit to S$14 million.
SECTOR SWEEP: TECH

AI capex cycle drives institutional inflows and gains for Singapore’s listed tech manufacturers

Stocks focused on semiconductor equipment and testing, or AI-driven hardware, mostly see valuation expansions

In its Q1 2026 business update, Clar reported over S$1.6 billion of accretive acquisitions during the quarter, with initial net property income yields of 4.3 to 7.4 per cent.
REIT WATCH

Industrial S-Reits maintain operational resilience while undertaking  portfolio rejuvenation

Industrial real estate investment trusts in Singapore (S-Reits) continued to show resilient operating performance in their latest results, supported by positive rental reversions, healthy occupancy am...

Keppel DC Reit's Tokyo Data Centre 3. The Reit posted stronger earnings in Q1 FY2026, with its distribution per unit rising 13.2%.
REIT WATCH

S-Reits commence Q1 reporting season on a positive start

They are coming from a position of relative strength, with largely stabilised balance sheets and favourable refinancing dynamics

CapitaLand Ascott Trust – which marks the 20-year anniversary of its Singapore Exchange listing this month – saw revenue grow 4 per cent in the second half to S$439.1 million.
REIT WATCH

Most hospitality and lodging S-Reits post higher H2 revenue, payouts

[SINGAPORE] Hospitality and lodging real estate investment trusts in Singapore (S-Reits) have shown robust operating performance, with mostly stable to higher distributions in their latest earnings re...

Keppel DC Reit delivered a strong performance in FY2025, with distributable income growing 55.2% year on year.
REIT WATCH

Data centre S-Reits stay resilient on AI tailwinds

[SINGAPORE] Pure-play data centre (DC) real estate investment trusts in Singapore (S-Reits) have delivered resilient financial performance in their latest results ended December, with high occupancy a...

In August 2025, Lendlease Global Commercial Reit announced that it was divesting the office component of Jem for S$462 million.
REIT WATCH

Five S-Reits that saw strong growth in trading activity in H2 2025

[SINGAPORE] Trading activity in the Singapore real estate investment trust (S-Reit) sector rose overall in the second half of 2025 compared with the first half, amid new Reit listings and a number of ...

S-Reits' unit prices have rebounded this year, but some analysts note that their performance lags that of the broader Singapore market.
REIT WATCH

S-Reits set for best year since 2019 with 14.7% total returns in the year to date

Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date

Occupancy at Alpha Integrated Reit's New Tech Park asset grew to 94.7% as at end-September, from 86% in June.
REIT WATCH

Industrial S-Reits deliver stable operating performance in Q3

Knight Frank Research expects industrial real estate indicators to remain resilient for the rest of this year as well as into early 2026

Suntec City Mall's Q3 rental reversion stands at 8.6%, moderating from 21.6% in the preceding quarter.
REIT WATCH

Q3 reporting season kicks off with growth in S-Reits’ distributions

[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over t...

The amount that S-Reits have raised so far this year exceed the S$2.9 billion recorded in 2024 and the S$1.9 billion in 2023.
REIT WATCH

S-Reits fundraising uptrend continues in 2025, with S$4 billion raised year to date

Close to half of this year’s funds have come from the primary markets