Of course not, some ignorant people just want to poke
General S-REITs Discussion Thread
- Thread starter Dividends Warrior
- Start date
It's entirely possible for anyone to write anything they want.
It's up to ourselves to choose what to believe. =)
Daisin could become the next Eagle.
ECWorld shouldnt be as bad.....probably the next First Reit.
Both KORE and PRIME did relatively ok in a challenging US mkt...and we can see MUST has been consistently underperforming.
Personally I hope KORE and PRIME can merge as well since Temasek is a major shareholder for both. Scale matters.
merge (again)??!?!
EC World just extend refinancing, so temp still fine.
Don't like any REIT with Keppel sponsor, better don't merge. I see Prime as the best performing US REIT.
Shion
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Higher payouts from S'pore's hotel Reits as demand recovers
https://www.straitstimes.com/busine...ts-from-spores-hotel-reits-as-demand-recovers
SINGAPORE - Shareholders of Singapore's three listed hospitality real estate investment trusts (Reits) will enjoy higher dividend payouts on the back of a recovery in travel this earnings season.
Ascott Residence Trust, CDL Hospitality Trusts and Far East Hospitality Trust have posted impressive first-half results, thanks to a surge in travel demand.
Ascott, a unit of the CapitaLand group, last week unveiled distribution per stapled security (known more commonly as dividend per share or DPS) of 2.33 cents for the first half ending June 30, up 14 per cent from the year before.
Meanwhile, CDL's first-half DPS jumped 67.2 per cent as strong leisure demand saw occupancy rates at its numerous hotels rise.
The company declared a first-half dividend of 2.04 cents, compared with 1.22 cents a year ago, as leisure demand spiked after the April border reopening.
As its hotels in Singapore, Britain and the Maldives filled up, net property income collectively grew by 37.8 per cent for the half year to end-June.
It is similar for Far East Hospitality Trust, whose first-half DPS surged 40 per cent to 1.54 cents per unit, compared with 1.1 cents during the first half of last year.
Boosting the dividend payout cache to $30.6 million were divestment gains from the sale of its properties at Village Residence Clarke Quay.
Although gross first-half revenue slid 1.4 per cent to $41 million due to the divestment, net property income for the group grew 3.5 per cent to $37.5 million.
What is particularly encouraging is the strong growth in occupancy and top-line revenue for the three Singapore-listed hospitality Reits.
Ascott's properties in France and Britain have outperformed pre-pandemic levels, while the revenue outlook in other markets like Japan and China looks strong.
During a recent interview with The Straits Times, chief executive Kevin Goh highlighted that the group also has a growing stable of rental housing and student accommodation.
He said the group plans to increase its asset allocation into longer-stay and more revenue-resilient student accommodation and rental apartments from 15 to 20 per cent now, to 25 to 30 per cent of portfolio value over the coming decade.
For CDL, first-half revenue per available room (RevPAR) for its Singapore hotels like W Singapore surged 72.1 per cent to $123.
"Hospitality Reits benefit from the resurgence in and pent-up demand for travel," noted UOB Kay Hian analyst Jonathan Koh.
"Tickets for the Singapore Grand Prix in September have sold out and meeting, incentive, convention and exhibition events should pick up in the second half of 2022."
DBS Group Research noted that RevPAR recovery for the three hospitality Reits in the April to June period had been the "sharpest" in any single quarter, with some markets seeing a doubling in the numbers.
"The performance was led by a global recovery in both occupancy and room rates, with the exception of Japan and China," its Aug 2 report said. "We believe this is just the start of a meaningful upturn in RevPAR to more normalised rates."
TP of S reits? here:
https://mcusercontent.com/ccf83de3f...il&utm_term=0_d59b491060-1202d6b90b-225545766
In terms of transparency and governance: we can see Maple are not as gd as it deemed
To shortlist non-big names that are overrated usually , in the top10 w consistent not--disappointing pricing? Only FLCT (wanna it foreign? only Keppac)
Why not DC? NET income reason only?! ref 7: 50
gd that he ans who said I/r up means reits willb killed?!?!
https://mcusercontent.com/ccf83de3f...il&utm_term=0_d59b491060-1202d6b90b-225545766
In terms of transparency and governance: we can see Maple are not as gd as it deemed
To shortlist non-big names that are overrated usually , in the top10 w consistent not--disappointing pricing? Only FLCT (wanna it foreign? only Keppac)
Why not DC? NET income reason only?! ref 7: 50
gd that he ans who said I/r up means reits willb killed?!?!
endlssorrow
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Capland mall 2.09 again
Hahaha
Hahaha
Weakness in the price.
if they can afford those courses, let them be!
i saw some (here) recommended that office will be opened up upon all restrictions(covid) lifted , what a joke!
no1 shd
we will nevr return to the time of pre-covid!
and all intvw qns consist of does the co. allow WFH?
we dont even need biz times to teach us the following: we alrdy knew
https://www.businesstimes.com.sg/op...utm_source=facebook&utm_medium=social-organic
who based our bets on offices?!
Why suntec is never in my radar is cos it has alot of office towers, and it is ALOT, way too much
i saw some (here) recommended that office will be opened up upon all restrictions(covid) lifted , what a joke!
no1 shd
we will nevr return to the time of pre-covid!
and all intvw qns consist of does the co. allow WFH?
we dont even need biz times to teach us the following: we alrdy knew
https://www.businesstimes.com.sg/op...utm_source=facebook&utm_medium=social-organic
who based our bets on offices?!
Why suntec is never in my radar is cos it has alot of office towers, and it is ALOT, way too much
The reality is we are already opened up to go back office. What's more left to open up?
With the new form of working style during covid, it is now a reality that people are used or even want to continue the hybrid of wfh and office. Even your bosses with young children also want to wfh.
The other reality is those food outlets, stalls in food courts, etc that depend on office workers had closed down since and remain vacant till now. It shows only the number and trend of people going back to office.
In fact, I go to office now because I do not want to stay at home for a change.
Last edited:
demoforce1
Master Member
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what you mean "stay at home for a change"?
Old-sch co. Will make staff return
i doubt uS!
In fact alot of co. R all hybrids now ie wk 2 day in office, 3day wfh
U returning doesnt mean the rest are….
My article are talking abt Usa esp
i doubt uS!
In fact alot of co. R all hybrids now ie wk 2 day in office, 3day wfh
U returning doesnt mean the rest are….
My article are talking abt Usa esp
"In fact, I go to office now because I do not want to stay at home for a change."
I am wfh most of the time even now. So for a change, i go back to the office.
If CICT , FCT or LReit take over this 4 billion portfolio , most likely will suffer.
https://www.theedgesingapore.com/ca...-takes-closer-look-bidders-mercatus-portfolio
https://www.theedgesingapore.com/ca...-takes-closer-look-bidders-mercatus-portfolio
Thanks for sharing.
Everyone has different opinions. If this deal is bad, CICT and FCT and LReits would not have participated in the bid in the first place. Unless there is something going on which we all are unaware.
FCT and LREIT too small to eat all.
CICT got chance but will be highly in debts.
Link REIT got chance
REITs sponsors may take part in the biding.
If allow to acquire separately, will be good for all shareholders in REITs.
CICT gearing will hit 45%.. I actually prefer Link to get this deal as i believe it will trigger massive right issue with diluting DPU affecting my holding on FCt or CICT..
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