General S-REITs Discussion Thread

[highsulphur]

don't worry, short term pain long term gain

Let's just hope we are still alive in the "long term" to reap the rewards

 

[stanlawj]

Link REIT (823.HK) showing bottoming momentum signs.

US Dept of Govt Efficiency (DOGE) has been launched. As the name suggest, no more waste, so it is repurposed from existing US Digital Service.

UST 10 year long bond yields falling rapidly since 3 days ago, now back to end-Dec 2024 yields. Still long way down to go.

Now's the time for REITS to shine!

 

[starbugs]

I was wondering why the US office reits rose so much today. Turns out it's due to this:

https://www.reuters.com/world/us/trump-orders-federal-workers-back-office-full-time-2025-01-21/

 

[Shion]

US office REITs close with double-digit growths after Trump’s return to office mandate​

https://www.theedgesingapore.com/ne...it-growths-after-trumps-return-office-mandate

Units in US office REITs listed on the Singapore Exchange (SGX) rose after US President Donald Trump issued a mandate for federal workers to return to the office full-time.

Units in Keppel Pacific Oak US REIT (KORE), which owns freehold office buildings and business campuses in cities such as Sacramento, Denver, Nashville, Dallas, Austin, Houston and Orlando, closed 3.5 US cents or 15.9% higher at 25.5 US cents on Jan 21.

Similarly, units in Manulife US REIT (MUST) closed 1.3 US cents higher or 14.77% up at 10.1 US cents on the same day. MUST owns a portfolio of 10 office properties in the states of Arizona, California, Georgia, New Jersey, Virginia and Washington D.C. On Jan 10, however, the REIT announced that it would report a loss for the FY2024 ended Dec 31, 2024, from fair value losses on its depreciating portfolio. Based on the year-end 2024 valuations, MUST’s portfolio valuation fell by 9.3% or US$116.6 million ($158.57 million) to US$1.14 billion down from US$1.25 billion as at Dec 31, 2023.

At the same time, units in Prime US REIT , which owns 13 prime US offices across 12 key US office markets, closed 2.1 US cents higher or 12.21% up at 19.3 US cents on Jan 21.

UOB Kay Hian maintained its “buy” calls for KORE and Prime US REIT with unchanged target prices of 32 US cents and 33 US cents respectively after the executive order.

 

[ask_yip]

MLT result not so good

dpu drop q-o-q

 

[Euqorab]

SREITs reporting season is here!

Thanks guru

I just wait for divisions, little also happy

 

[TehSi99]

MLT result not so good

dpu drop q-o-q

If temporary, then maybe good chance to buy if price drops.

 

[mooseolly]

Thought MLT will crash one more time because bad earning and lower DPU.

 

[ask_yip]

ya surprised that MLT not dropping but MIT is dropping lol

 

[TehSi99]

Thought MLT will crash one more time because bad earning and lower DPU.

Who knows. Maybe drop tomorrow.

 

[jpathzone]

Not quite understand the charting in MooMoo and Tiger. The SRT chart seems to adjust downwards after the dividend ex-date . The historical chart value appears different from Yahoo, Financial Times

 

[lunafan]

MLT result not so good

dpu drop q-o-q

I thought the results were good?
Only 1.2% drop in dpu and financing cost shows that it’s peak already
Furthermore, good rental reversion and improved occupancy rate

 

[ctan84]

I thought the results were good?
Only 1.2% drop in dpu and financing cost shows that it’s peak already
Furthermore, good rental reversion and improved occupancy rate

Huh where you get your news and figures from? Y-O-Y drop is 11.1% in DPU leh.

 

[Dividends Warrior]

MINT results.
(Vested)

 

[mooseolly]

MINT results.
(Vested)

Do you have the MLT one?

 

[ask_yip]

MLT - not so OK
MIT - good
MPACT -??

see tonight result lol

 

[Dividends Warrior]

Do you have the MLT one?

Yes, I do.

My Dividend Growth Portfolio

 

[yslvlys]

As much as im vested, I'm pretty pessimistic with the upcoming results

Wow u are right, most REITS post bad results..

 

[Dividends Warrior]

Keppel DC results.
(Vested)

 

[limster]

https://www.cnbc.com/2025/01/24/singapore-eases-monetary-policy-for-the-first-time-since-2020.html
S$ going to weaken? REITs with foreign income will finally benefit?