S-Reits

THE LEVEL GROUND

Investment story trumps size for Reits; the key is to be sufficiently differentiated 

Lessons can be learned from the contrasting fortunes of Centurion Accommodation Reit and UI Boustead Reit

A Top Glove plant in Malaysia. The company's year-to-date average daily trading value, powered by AI-led test demand, rose from S$4.05 million to S$34.7 million year on year.

Tech stocks could surpass S-Reits on iEdge Singapore Next 50 index if growth momentum keeps up: SGX

The growth in technology’s footprint is happening at the expense of defensive, income-oriented segments

The facility is currently fully occupied by four tenants, including the vendor Hup Hin Transport.

Clar buys Tuas logistics property for S$133.9 million

The transaction is expected to be accretive to CapitaLand Ascendas Reit’s DPU

If a new market index is created, it should be explicitly positioned to include companies that list on the Global Listing Board.
MARK TO MARKET

New dynamism: Singapore needs a market index without Reits to support passive flows

ETFs a means of riding market’s revitalisation while neutralising risk of picking the wrong companies, abandoning strong performers too early

Joshua Liaw, CEO of Elite UK Reit's manager, points to capital management and portfolio reconstitution as priorities.

Beyond survival: Elite UK Reit plots next phase of growth

After stabilising the trust, CEO Joshua Liaw looks to more asset repositioning, active portfolio management

Among the STI components that will trade ex-dividend this week are DBS and Frasers Logistics & Commercial Trust.
MARK TO MARKET

Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?

The big question is whether the core businesses of the STI’s constituents can support its next leg up as the impact of major capital return initiatives wanes

CICT's S$3.9 billion Paragon deal is one of the largest S-Reit acquisitions in recent years.
REIT WATCH

S-Reit acquisitions pick up with improved financing

[SINGAPORE] Acquisition activity among Singapore Reits (S-Reits) has picked up this year, signalling a measured return to growth as financing conditions stabilise.

The most striking aspect of the Paragon deal is that the manager of CICT seems less fazed by the ageing property’s need for an asset enhancement initiative than Cuscaden Peak.
HOCK LOCK SIEW

Paragon deal: Why investors should get ready for more Reit mergers and take-private offers

In a less-conducive operating backdrop, smaller Reits may be weeded out, as larger ones play the role of consolidators

Parkway Hospitals Singapore is the master lessee of the Mount Elizabeth, Gleneagles and Parkway East hospitals.

Parkway Life Reit Q1 DPU up 15.1% at S$0.0442 on higher Singapore hospital rents

Revenue falls 2.1% to S$38.2 million, dragging net property income down 2.7% to S$35.8 million

With interest rates possibly being elevated due to higher energy prices driving rising inflation, improving Suntec Reit’s unit price might be challenging.
HOCK LOCK SIEW

Will Hongkong Land seek to control the manager of Suntec Reit or the trust’s most prized properties?

Investing in a Reit where another group is the sponsor may be hardly optimal for the property giant