General S-REITs Discussion Thread

[singqian]

if not sure what to buy, for starters, can look at REIT ETFs

https://blog.seedly.sg/singapore-reit-etfs-guide/

read this before... I got Reit, ETF liao.. want to be more diversify , so need to explore other industry...

 

[revhappy]

I have always stayed away from hospitality. Too exposed to economic cycles and pandemics. The SARS period scared me off this sector. Thank goodness, bcos when covid 19 struck last year, my portfolio has zero exposure to the hospitality sector.

Suburban malls in Singapore is still alright. But I am the most confident in logistics, data centres and healthcare assets.

Dont you believe in this concept that everything is in the price and whatever you know, most institutions already know?

I am always amazed, with just direct 1st order analysis in stock picking and how it works. I always think of 2nd and 3rd order effects and end up never buying the stock.

 

[发哨子2020]

Ascott +10%< recently from below $1.
Capital gain faster than the dividend.

 

[limster]

I'm ok with Hospitality. It really is not as cyclical as airlines.my portfolio's top 20 holdings contain 4 REITs, 2 of them are hospitality.

(1) CDL HT because it was a multibagger from GFC and I never took profit.
(2) Ascott Residence Trust (got merged with Ascendas - which was a great buy because there was an offer that was not accepted by management, but at least it sent a good signal that Ascendas HT properties were actually worth their NAV as someone was willing to buy it, and the price was a lot below NAV)

The others in my top 20 are Frasers Centrepoint Trust, and Mapletree Logistics Trusts, also GFC multibaggers I have to say I am surprised that FCT has recovered to above its preferential offering price. I only subscribed to my allocation which was 9000 (rounded up to nearest 1000) and didn't apply for excess cos' I was not that confident..... next time must just follow DW!

 

[TehSi99]

read this before... I got Reit, ETF liao.. want to be more diversify , so need to explore other industry...

How about Syfe Reits portfolio?

 

[Andrew833]

hospitality reits got chance boh

Ascott Residence Trust up more than 10%

 

[Andrew833]

How about Syfe Reits portfolio?

If you don't know how or which Reits to pick then choose ETF. Check their portfolio top 10 holding to decide which is better one.
ETF is average out in a basket so up and down will be slow.

 

[发哨子2020]

When the interest rate is potentially up..... you all are kancheong spider and loading up on rate-sensitive reits?

Many reits are easily up >20-40%(my estimate) since April 2020.

 

[发哨子2020]

There are other non-local REITs listed here doing quite well but ignored .

Heard of Sasseur , Elite ,United Hampshire or Cromwell ?
Prime US , Manulife REITs are on SGX too.

 

[Andrew833]

When the interest rate is potentially up..... you all are kancheong spider and loading up on rate-sensitive reits?

Many reits are easily up >20-40%(my estimate) since April 2020.

Interest rate up is only temporary, if now didn't buy Reits on low then when interest rate when down it's too late lol.

 

[kkcheng77]

example 5% and above dividends / share price and also low volatility...

I also looking. Willing to dump entire savings if can find one.
Closest is CPF SA, try hit FRS with annual top ups.

 

[starbugs]

I'm ok with Hospitality. It really is not as cyclical as airlines.my portfolio's top 20 holdings contain 4 REITs, 2 of them are hospitality.

(1) CDL HT because it was a multibagger from GFC and I never took profit.
(2) Ascott Residence Trust (got merged with Ascendas - which was a great buy because there was an offer that was not accepted by management, but at least it sent a good signal that Ascendas HT properties were actually worth their NAV as someone was willing to buy it, and the price was a lot below NAV)

Agree with this. It is of course easy on hindsight to slam hospitality reits but it also depends on which reit you hold. E.g. Ascott easily yields 6% normally and even during Covid, it still yields nearly 3%. Now nearly back to pre-Covid levels. That's resilience.

 

[DevilPlate]

I also looking. Willing to dump entire savings if can find one.
Closest is CPF SA, try hit FRS with annual top ups.

Yes, max SA first including your spouse.

 

[发哨子2020]

The 2021-2022 economy should be much better than 2020.
Not surprised to see the interest rate up later.
Usually the market doesn’t react too much if expected.

Interest rate up is only temporary, if now didn't buy Reits on low then when interest rate when down it's too late lol.

 

[DevilPlate]

Agree with this. It is of course easy on hindsight to slam hospitality reits but it also depends on which reit you hold. E.g. Ascott easily yields 6% normally and even during Covid, it still yields nearly 3%. Now nearly back to pre-Covid levels. That's resilience.

Ascott is safer as it also have serviced apt.

 

[DevilPlate]

The 2021-2022 economy should be much better than 2020.
Not surprised to see the interest rate up later.
Usually the market doesn’t react too much if expected.

Provided DPU rise in tandem with int rate then reits will be Ok

 

[发哨子2020]

2020 was the year for capital gain for the REITs, easily + 20-40% .

Dividend was a bonus.
And this is like 3- 8 years of dividend packed into a few months of holding.
Or in another way your yield is much higher than listed in dividend.sg.

 

[Andrew833]

The 2021-2022 economy should be much better than 2020.
Not surprised to see the interest rate up later.
Usually the market doesn’t react too much if expected.

If FED say interest up, that will affect greatly.
10 yr bond up will down again, just like stock market. Sector rotation lol.

 

[homer123]

Some of these SGX foreign reits have been doing much better than s-reit in term of dpu and totally unaffected by 2020 covid..
Yield easily beat more than high 7% and above
https://thesmartinvestor.com.sg/3-promising-reits-you-should-keep-an-eye-on/

There are other non-local REITs listed here doing quite well but ignored .

Heard of Sasseur , Elite ,United Hampshire or Cromwell ?
Prime US , Manulife REITs are on SGX too.

 

[yumsang]

hospitality reits got chance boh

cdlht
hope is not 昙花一现... priest go higher

wind direction may be changing