General S-REITs Discussion Thread

Shion

Shion

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FCT, KReit, MCT among safer Reit options amid return to Heightened Alert: DBS​


https://www.businesstimes.com.sg/st...t-options-amid-return-to-heightened-alert-dbs
FRASERS Centrepoint Trust (FCT), Keppel Reit (KReit) and Mapletree Commercial Trust (MCT) are among the preferred Singapore real estate investment trust (S-Reit) picks of DBS, as the country returns to Phase 2 (Heightened Alert) in a bid to control the spread of Covid-19.

The brokerage has also recommended several industrial Reits as "safe harbours".

On Tuesday, Singapore's Covid-19 taskforce reinstated a ban on dining at food and beverage outlets. These F&B players will only be allowed to offer takeaways and deliveries.

Social gatherings outside the home will also be limited to group sizes of two people. These new restrictions will last for about a month.

DBS expects the restrictions will lead to a 6 to 10 per cent cut in earnings estimates for retail Reits, which may have to grant rental rebates to their F&B tenants.


"With restaurants now possibly facing up to two months of not having dine-in customers, we fear that some restaurants may be forced to throw in the towel," the brokerage said in a report dated Wednesday.


But DBS continues to like FCT, which is exposed to the "more resilient essential tenant trades". Most of FCT's malls are located in the suburban parts of Singapore, and tend to be frequented by shoppers in need of groceries or other essentials.


DBS has a "buy" call on FCT and a target price of S$3, which is 25 per cent above the trust's close on Wednesday at S$2.40.

Meanwhile, an extension of the current work-from-home arrangements could affect office leasing momentum.

But DBS is positive on the outlook for KReit and MCT as it sees them as "better positioned to attract new economy tech firms".

It has "buy" calls on both with target prices of S$1.40 and S$2.25, respectively. Units of KReit closed Wednesday at S$1.19 while MCT closed at S$2.12.

Within the Reit space in general, DBS said industrial Reits have the "clearest growth trajectory" just now, as their tenants are least likely to be affected by Covid-related restrictions.

The brokerage sees warehouses and business parks leading the recovery, and it has "buy" calls on Mapletree Logistics Trust (target price S$2.35, close on Wednesday S$2.08), Mapletree Industrial Trust (target price S$3.25, close on Wednesday S$2.88), Ara Logos Logistics Trust (target price S$0.85, close on Wednesday S$0.87) and Aims Apac Reit (target price S$1.60, close on Wednesday S$1.57).

DBS also highlighted the healthcare-focused Parkway Life Reit (PLife Reit) for its resilient earnings profile.

PLife Reit owns 53 healthcare-related properties, including three of Singapore's largest private hospitals: Mount Elizabeth Hospital, Gleneagles Hospital and Parkway East Hospital.

The brokerage has a "buy" call on PLife Reit with a target price of S$5.75, reflecting upside potential of 21.3 per cent from the close on Wednesday at S$4.74.
 
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TehSi99

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Kept on positive office when wfh is default. There is only more upside than downside. And no one know how long we can cont still be positive.
 
wutawa

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singqian said:
Depends on how long u hold... I think can DCA quaterly and KIV for few years instead of few weeks
Click to expand...
I been holding for years. I dont tink reit is good to dca or kiv, too many corporate actions.
 
D

dappermen

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really ctept? https://www.syfe.com/magazine/top-3...tm_source=campaign_monitor&utm_term=READ MORE

4 those who wanna convenience -

https://www.syfe.com/magazine/retur...tm_source=campaign_monitor&utm_term=READ MORE
For new customers only

  • 40REIT: Get $40 cash bonus when you invest $5,000 in Syfe REIT+
  • 200REIT: Get $200 cash bonus when you invest $20,000 in Syfe REIT+
The promo codes cannot be stacked. Terms and conditions apply.

For current Syfe customers

  • 30REIT: Get $30 cash bonus when you make a minimum top-up of $500 in your REIT+ portfolio for 6 consecutive months.
 
wira

wira

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dappermen said:
really ctept? https://www.syfe.com/magazine/top-3-singapore-reits-in-2021/?utm_medium=email&utm_campaign=Newsletter 100 - clients&utm_content=Newsletter 100 - clients+CID_523faaab849db467d3dffa8ea3bb9a6b&utm_source=campaign_monitor&utm_term=READ MORE

4 those who wanna convenience -

https://www.syfe.com/magazine/retur...tm_source=campaign_monitor&utm_term=READ MORE
For new customers only

  • 40REIT: Get $40 cash bonus when you invest $5,000 in Syfe REIT+
  • 200REIT: Get $200 cash bonus when you invest $20,000 in Syfe REIT+
The promo codes cannot be stacked. Terms and conditions apply.

For current Syfe customers

  • 30REIT: Get $30 cash bonus when you make a minimum top-up of $500 in your REIT+ portfolio for 6 consecutive mont
Click to expand...
hmm can i stil use this promo code if i just registered an account yesterday but have not funded it yet ?
how to enter this code?
 
A

Andrew833

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limster said:
I am holding (from highest value to lowest) MLT, MCT, MINT. I don't DCA, just use corporate actions/DRIP to acquire more shares from time to time.
Click to expand...
Didn't complete your collection of full set? 1 more to go (MNACT).
 
S

singqian

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Andrew833 said:
Didn't complete your collection of full set? 1 more to go (MNACT).
Click to expand...

If since going to collect individual REITs from Mapletree, Keppel, Frasers.

Why not just go for REITs ETF? @.@ I.e:- Lion-Phillip S-REIT ETF or NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (inclusive outside SG)


J69U FRASERS CENTREPOINT TRUST
BUOU FRASERS LOGISTICS & COM TRUST
AJBU Keppel DC Reit
K71U Keppel Reit
N2IU Mapletree Com Tr
ME8U Mapletree Ind Tr
M44U Mapletree Log Tr
RW0U Mapletree NAC Tr
 
A

Andrew833

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singqian said:
If since going to collect individual REITs from Mapletree, Keppel, Frasers.

Why not just go for REITs ETF? @.@ I.e:- Lion-Phillip S-REIT ETF or NikkoAM-StraitsTrading Asia Ex Japan REIT ETF (inclusive outside SG)


J69U FRASERS CENTREPOINT TRUST
BUOU FRASERS LOGISTICS & COM TRUST
AJBU Keppel DC Reit
K71U Keppel Reit
N2IU Mapletree Com Tr
ME8U Mapletree Ind Tr
M44U Mapletree Log Tr
RW0U Mapletree NAC Tr
Click to expand...
1) In form of liquidity, individual stock is better than ETF.
2) Why pay others to manage while you can manage your own portfolio.
3) Mapletree is good to collect all but other may not be the same. So collect only the best not just because of big name.
 
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