General S-REITs Discussion Thread

[Andrew833]

rate hike price up ...
flct like run chicken liao

Then better start prepare to catch chicken

 

[audiovideo]

Mint go go go

 

[Andrew833]

Mint go go go

MINT, MNACT and MCT all chiong!
Ops miss out MLT also chiong!

 

[Dividends Warrior]

Ten Rings flying!

 

[dappermen]

eeeeeeeeewwwwwwwwwww

All the 'C"s and all in trilogy eg M out!!!!
most of the big names are NOT impressive too

only gd ones r FLCT

What is KDC? keppel DC? then it is out!!!!! totally not a sustainable Reits @ all

hope soon in the Future, a NO to data centres, it is ok to let Keppel DC go bkrupt or to get biz conversion
https://www.channelnewsasia.com/bus...gapore-temporary-pause-climate-change-1355246

 

[TehSi99]

Then better start prepare to catch chicken

Means got chance to load more before it chiong?

 

[TehSi99]

FCT has strong resistance at 2.33. See if it breaks next week.

 

[Andrew833]

Ten Rings flying!

Got 5 rings now

 

[Andrew833]

Means got chance to load more before it chiong?

FLCT recently more red than green,
Current chart look likely it will test $1.38. If break support will goes below $1.38. Next support is $1.33.
After make a bottom, will rebound, how far it will chiong still a question mark.

 

[TehSi99]

Got 5 rings now

Got 4 rings, because got different views and also price level not good to enter.
I have other smaller caps still doing ok.

 

[yumsang]

FLCT recently more red than green,
Current chart look likely it will test $1.38. If break support will goes below $1.38. Next support is $1.33.
After make a bottom, will rebound, how far it will chiong still a question mark.

hope it can drop to those prices.

 

[Andrew833]

Got 4 rings, because got different views and also price level not good to enter.
I have other smaller caps still doing ok.

Don't have to follow his, just a guide. I got 8 REITs.

hope it can drop to those prices.

Yea, I'm waiting.

 

[limster]

Got 5 rings now

I got 6 rings the same, plus another 4 Hospitality rings

 

[TehSi99]

Hope day can have enough dividend payout to retire + CPF payout.

 

[keithster]

i only have 5 rings... lacking on commercial mostly.

looking at CICT next. any comment if it is a good reit to buy?

will not consider KDC... is deteriorating

 

[demoforce1]

if you are about to choose for your next purchase, A-Reit or p-Life reit?

 

[yumsang]

crouching tiger

 

[dappermen]

will this alleviate some fears of Constant hike in interest rates?

REITs can offset impact of rising rates with a more defensive portfolio?​

https://www.theedgesingapore.com/ca...-impact-rising-rates-more-defensive-portfolio


... For some reason, investors just do not value US S-REITs ?!?!!?!? with commercial properties at more compressed yields. This is despite a rally of sorts in Singapore-based office S-REITs ?— even in the face of higher interest rates.
The US office REITs, which include Keppel Pacific Oak US REIT (KORE), Manulife US REIT (MUST) and Prime US REIT, are trading at DPU yields of between 8% and 9% and discounts to net asset value (NAV). United Hampshire US REIT, which owns retail properties, is trading at 10%.....


Keppac is fantastic! the only US Reits that is worth your attn too! not other Keppels which has power of Shangchi- Rings!!!!!!!!!!!!!! & if the 10rings are trustable , UOB KH a respectable Broker deserved some readings too
& are institutional brains diff from retail, really? i disagree
i didnt imitate UOBKH anyway, i dont believe in imitating, i trusted many purposely observed what Cathie Wood does & then short against!

I own Sassy Sasseur all along as well as latest Keppac , which of the 5 u own, dont Evn hve to imitate but at least shd have 2 or so???

UOBKH TOP YIELD STOCK PICKS :
UtdHampshReitUSD BUY 0.95 0.625 52.0 1.6 14.5 11.2 10.0
ManulifeReit USD BUY 0.80 0.65 23.1 0.8 15.3 12.4 9.3
Sasseur REIT BUY 1.12 0.845 32.5 6.3 17.0 10.2 9.0
KepPacOakReitUSD BUY 1.10 0.71 54.9 (4.1) 15.1 11.3 8.9
Ascendas Reit BUY 3.92 2.77 41.5 0.4 20.2 17.9 6.0
(read only p2& 6 since this is a thread purely on Reits
https://mcusercontent.com/ccf83de3f...il&utm_term=0_d59b491060-47e5dc392f-225545766)

 

[Shion]

Pure-play China S-Reits record strong 2021 growth​

https://www.businesstimes.com.sg/companies-markets/pure-play-china-s-reits-record-strong-2021-growth
LISTED on SGX are 4 S-Reits and 1 property trust with pure exposure to China. These trusts have assets across sub-sectors such as retail malls, logistics and industrial, and office and business parks based in China.

All 5 trusts have recorded stronger rental income and declared increases in distributions made to unitholders for full year 2021. Common themes across their full-year earnings were resilient portfolio occupancy rates, recovery in shopper footfalls and tenant sales, and contributions from acquisitions despite recent Covid-19 resurgences.

CapitaLand China Trust (CLCT), which is diversified across 11 retail assets, 5 business parks and 4 logistics properties, reported 37.5 per cent higher FY2021 distribution per unit (DPU) and 85.2 per cent higher annual net property income (NPI) for the year. Increases were due to new contributions from its recently acquired logistics and business park portfolios, Rock Square and CapitaMall Nuohemule.

CLCT noted better occupancy rate of 96.3 per cent in FY2021, alongside higher tenant sales and shopper traffic of 16.1 per cent and 9.3 per cent respectively despite mall closures and restrictions due to sporadic Covid-19 outbreaks.

Beyond retail malls, CLCT now has a combined 21.9 per cent exposure to new economy assets through its business park and logistics portfolio which registered 7.0 per cent and 2.7 per cent in rental reversion respectively in FY2021. CLCT is also the first S-Reit to secure a loan linked to the sustainability performance of a China portfolio.

Sasseur Reit and its portfolio of 4 retail outlet malls posted 8.5 per cent growth in DPU and 10.1 per cent growth in entrusted management agreement (EMA) rental income in FY2021, despite Covid-19 disruptions.

The Reit saw continued robust consumption trends in the cities where its outlets are located, coupled with intensive promotional efforts with tenants which drove higher sales. Its portfolio occupancy rate rose to 94.5 per cent in Q42021 compared to 93.7 per cent in Q32021. The Reit believes that it will continue to benefit from China's domestic consumption.

EC World Reit (ECW) is a specialised logistics and e-commerce logistics Reit with 8 properties in Hangzhou and Wuhan. The Reit recorded 12.7 per cent growth in NPI and 16.9 per cent increase in DPU, largely due to the absence of one-off rebates provided to tenants in FY2020. Its portfolio has an occupancy rate of 99.2 per cent as at Dec 31, 2021 and is diversified across 3 segments: e-commerce logistics (41.8 per cent of portfolio valuation), port logistics (40.5 per cent), and specialised logistics (17.8 per cent).

On Jan 10, 2022, ECW received a formal notice in relation to the compulsory expropriation of Fu Zhuo Industrial and is entitled to receive compensation based on the expropriation valuation. The Reit does not expect the compulsory expropriation to have a material impact on its portfolio and Fu Zhuo Industrial accounts for under 1.5 per cent of its portfolio valuation and 1.6 per cent of its NPI in FY2021.

BHG Retail Reit across its 6 retail malls reported increases of 14.9 per cent in NPI and 11.3 per cent in DPU for FY2021. The Reit noted that its malls continued to see healthy leasing demands with occupancy rate at 97.0 per cent as at Dec 31, 2021 alongside healthy retention rates. The Reit will remain cautious about risks of Covid-19 resurgence and continues to refresh its malls' offerings to pursue growth opportunities.

Dasin Retail Trust has a portfolio of 7 retail malls and registered increases of 10.9 per cent in NPI and 32.5 per cent in DPU for FY2021. It maintains an occupancy rate of 93.9 per cent across a diversified tenant base with no single trade sector contributing over 25.0 per cent of its gross rental income. The trust manager also looks to source new expansion opportunities with its new strategic partner and major shareholder Sino-Ocean Capital. SGX RESEARCH

 

[vsvs24]

Pure-play China S-Reits record strong 2021 growth​

https://www.businesstimes.com.sg/companies-markets/pure-play-china-s-reits-record-strong-2021-growth
LISTED on SGX are 4 S-Reits and 1 property trust with pure exposure to China. These trusts have assets across sub-sectors such as retail malls, logistics and industrial, and office and business parks based in China.

All 5 trusts have recorded stronger rental income and declared increases in distributions made to unitholders for full year 2021. Common themes across their full-year earnings were resilient portfolio occupancy rates, recovery in shopper footfalls and tenant sales, and contributions from acquisitions despite recent Covid-19 resurgences.

CapitaLand China Trust (CLCT), which is diversified across 11 retail assets, 5 business parks and 4 logistics properties, reported 37.5 per cent higher FY2021 distribution per unit (DPU) and 85.2 per cent higher annual net property income (NPI) for the year. Increases were due to new contributions from its recently acquired logistics and business park portfolios, Rock Square and CapitaMall Nuohemule.

CLCT noted better occupancy rate of 96.3 per cent in FY2021, alongside higher tenant sales and shopper traffic of 16.1 per cent and 9.3 per cent respectively despite mall closures and restrictions due to sporadic Covid-19 outbreaks.

Beyond retail malls, CLCT now has a combined 21.9 per cent exposure to new economy assets through its business park and logistics portfolio which registered 7.0 per cent and 2.7 per cent in rental reversion respectively in FY2021. CLCT is also the first S-Reit to secure a loan linked to the sustainability performance of a China portfolio.

Sasseur Reit and its portfolio of 4 retail outlet malls posted 8.5 per cent growth in DPU and 10.1 per cent growth in entrusted management agreement (EMA) rental income in FY2021, despite Covid-19 disruptions.

The Reit saw continued robust consumption trends in the cities where its outlets are located, coupled with intensive promotional efforts with tenants which drove higher sales. Its portfolio occupancy rate rose to 94.5 per cent in Q42021 compared to 93.7 per cent in Q32021. The Reit believes that it will continue to benefit from China's domestic consumption.

EC World Reit (ECW) is a specialised logistics and e-commerce logistics Reit with 8 properties in Hangzhou and Wuhan. The Reit recorded 12.7 per cent growth in NPI and 16.9 per cent increase in DPU, largely due to the absence of one-off rebates provided to tenants in FY2020. Its portfolio has an occupancy rate of 99.2 per cent as at Dec 31, 2021 and is diversified across 3 segments: e-commerce logistics (41.8 per cent of portfolio valuation), port logistics (40.5 per cent), and specialised logistics (17.8 per cent).

On Jan 10, 2022, ECW received a formal notice in relation to the compulsory expropriation of Fu Zhuo Industrial and is entitled to receive compensation based on the expropriation valuation. The Reit does not expect the compulsory expropriation to have a material impact on its portfolio and Fu Zhuo Industrial accounts for under 1.5 per cent of its portfolio valuation and 1.6 per cent of its NPI in FY2021.

BHG Retail Reit across its 6 retail malls reported increases of 14.9 per cent in NPI and 11.3 per cent in DPU for FY2021. The Reit noted that its malls continued to see healthy leasing demands with occupancy rate at 97.0 per cent as at Dec 31, 2021 alongside healthy retention rates. The Reit will remain cautious about risks of Covid-19 resurgence and continues to refresh its malls' offerings to pursue growth opportunities.

Dasin Retail Trust has a portfolio of 7 retail malls and registered increases of 10.9 per cent in NPI and 32.5 per cent in DPU for FY2021. It maintains an occupancy rate of 93.9 per cent across a diversified tenant base with no single trade sector contributing over 25.0 per cent of its gross rental income. The trust manager also looks to source new expansion opportunities with its new strategic partner and major shareholder Sino-Ocean Capital. SGX RESEARCH

Hmm. Dasin can survive or not ?

The COVID situation in China is also worrying. Can lockdown an important city like Shenzhen for a week.