Singapore Reits

In sum, the travel and tourism-related sectors should see a decent jump in earnings in the next one to two years but growth should moderate eventually. For Electronic Technology, Finance, Technology Service takes a total of 14% of the portfolio, it is build up by VanEck Vector Semiconductor ETF , Apple Inc , and Facebook . I choose to invest in the technology sector because of having good future prospects of technology such as work from home WFH trend and 5G technology. This is also the sector that contributes the most to my portfolio in the year 2020. Of course, the Reits’ performance have been tied to the fates of the sectors they are focused on, which explains the heavy blow delivered to hospitality landlords ART and OUECT. The latter had acquired OUE Hospitality Trust and its hotel assets such as Mandarin Orchard Singapore and Crowne Plaza Changi Airport.

It currently manages four Singapore-listed REITs and seven private equity real estate funds, which hold a diverse portfolio of assets in Asia-Pacific, Europe, the UK and the US. For CICT, the negative share price performance since the merger was first proposed in January 2020 could have been due to the continued uncertain prospects for the retail and office sectors, coupled with the law of diminishing marginal returns at work. CapitaLand is one of the largest real estate companies in Asia, with a total portfolio of S$131.7 billion as at Sept 30, 2019. It currently manages eight listed REITs and business trusts as well as more than 20 private funds. CapitaLand Malaysia Mall Trust is a Bursa Malaysia-listed REIT while Singapore-listed Ascendas REIT is one of the top holdings of many of Asia-Pacific REIT funds in the market. Last year, the industrial sector weathered the storm better than other sectors such as retail and offices.

Vaccinated travel lanes and travel bubbles next year, growth for the sector should pick up in the 1H22. Looking ahead, we see continuous strong support for earnings given a visible pipeline of projects and pent-up demand when Asia reopens. There exists a strong correlation between local interest rates and the Fed policy rates, which ultimately fuels bank’s earnings through a potential expansion in the net interest margin. Likewise, the STI is expected to generate a strong 48% YoY rebound in EPS growth this year, accompanied by a 15% YoY growth next year. You can take a look at the latest financial result, both QOQ and YOY also drop. Fundamentals are cracking.If you think the drop is due to shariah, why other stock which was also excluded by shariah list is not dropping.

The Manulife Investment Asia-Pacific REIT Fund is far the largest in the category, with a fund size of RM801.49 million as at Jan 10. “If you visit Sydney or other major cities in Australia, you will find that the skylines in the central business districts have largely remained unchanged for many years. There is not much new supply of commercial space coming into the market,” he says.

In fact, all of them – except for FLCT – have not recovered to levels before March 2020 when S-Reit prices went into a freefall. This was when the severity of the pandemic was just becoming clearer, and fuelled mass selling by institutional funds as well as margin calls from private banks. In addition, the analyst adds that corporate fundamentals could be worse in Singapore, with falling property prices and rising vacancy rates. However, Credit Suisse stresses that valuations such as previous lows on price-to-book and dividend yields versus bond yields only provide a “rough guide”.

Despite that, he is confident that REITs will remain an attractive asset class as their underlying assets are real estate. “Physical buildings are the underlying assets of REITs, tangible assets which they can visit for themselves. One of the ways local investors can get broad-based exposure to REITs in the region is via unit trust funds. Of the 10 unit trusts listed under the “Equity sector real estate Asia-Pacific” category, nine belong to the conventional category and delivered strong returns of 12.58% to 21.67% over the one-year period ended Jan 3. Driving this rebound are companies that benefit from Singapore’s reopening and/or are levered to economic activities such as banks, real estate investment trust as well as travel and tourism-related names.

One thing bad about this portfolio management was I unable to put in my Option trading derivative if have a chance to find one I will inform at my blog. In fact, an analysis by Morgan Stanley analyst Wilson Ng showed that it even outperformed industrial Reit giants Ascendas Reit, Mapletree Logistics Trust and Mapletree Industrial Trust from the time its merger was first announced. For FLCT, it had the blessing of its logistics assets which rode on increased demand driven by the e-commerce boom amid country lockdowns.

Rents for warehouses and business parks eased slightly by 1.3 per cent and 1.1 per cent respectively in 2020, while rents for multiple-user factory space retreated by 1.8 per cent. Founded in 2004, Link REIT was the first REIT listed in Hong Kong and is currently the largest in Asia in terms of market capitalisation, which stood at HK$171.69 billion as at Jan 3. It has assets in Hong Kong and Mainland China, with a combined portfolio of about 13 million sq ft of retail and office space plus 56,000 parking bays. But right after the crisis, we saw REITs become very resilient, picking up momentum when customers and investors returned to the asset class. Our observation shows that in both interest rate scenarios — during the interest rate hike cycle and interest rate cut cycle — REITs in Asia performed relatively well compared with the equities market,” he says. From a country perspective, Manulife is eyeing buying opportunities in Hong Kong’s REIT industry, which has seen share prices drop 10% to 20% since the start of the Hong Kong protests.

These companies will seek to rent space on rooftops and inside buildings to set up the infrastructure, such as repeaters, to send out 5G signals. Rooftops will then become another source of revenue for the buildings’ management, which will feed into the REITs’ earnings,” he says. While retail investors can directly buy into REITs, Khoo highlights the benefits of investing in a REIT fund. “Investing in a REIT fund gives you access to the expertise and resources of the fund manager, which the average retail investor would have difficulty accessing.

“In many acquisition attempts , management will always paint it as ‘one plus one equals three’ and hence pay a very high value in terms of goodwill. But over the years, some of this goodwill never materialises and is eventually written off.” Whether you are looking to buy or rent properties, we have the most comprehensive property listings in Malaysia. According to the S&P/ASX 200 Index, Australian REITs had registered a total return of 19.36% for the year ended Dec 31, 2019, providing an indicative dividend yield of 4.5% per annum. Moving ahead, the high rate of vaccination and greater likelihood of border reopening should enable a greater flow of foreign tourists next year, possibly uplifting the company’s earnings.

The trust said it had planned to sell the shares at between $1.63 and $1.70 each. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Still, many Reit managers may argue that there is merit to Reit mergers given the boost they can lend to trading liquidity and index inclusion.

All three fund houses believe that REITs are the go-to defensive asset class to look at in the current market environment. “The underlying earnings of REITs are underpinned tenancy agreements, which provide earnings visibility. Investors consider REITs a defensive asset class due to the recurring income, which enables them to pay dividends on a regular basis,” says AmInvest’s Wong.

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company’s share price and its earnings per share . Lastly, to check the percentage for my Stock, REITs, Cash, ETF, and derivatives. Most of my investment was going into REITs for stable income dividend, I can withdraw anytime when I need to use for fast cash, which is better than bank deposit and fixed deposit rate.

Last year, the S&P Asia Pacific REIT Index achieved a total return of 23.01%, which is more than five times the year before at 4.29%. REITs also outperformed equities in Asia-Pacific, which generated a total return of only 18.04%, according to the S&P Asia Pacific Broad Market Index. Midas Holdings , a supplier of aluminum extrusion profiles for train carriages, gained 3.6% to 87.5 cents. DBS Group Holdings raised its share price estimate to S$1.10 from 93 cents and maintained its “buy” rating, saying its order book of about 1.5 billion yuan will boost earnings in the next two years. Ascendas Real Estate Investment Trust , Singapore’s second-biggest publicly traded REIT, declined 5.1% to $1.67 after selling shares at a discount. The company said it sold 185 million shares at $1.63 each, raising $296 million in net proceeds.

The ETF I have consist of growth type and dividend type, this is for diversification and reduce the risk. Okay let’s get to the point, the year 2020 is a challenging year for all the business sectors, some are facing big losses because of the lockdown and restriction to travel. For my 2020 stock investment result of getting, I put it still acceptable, as the technology goes up, while the REITs are performing fairly and hospitality business were facing a challenging time.

Khoo Hsien Liang, portfolio manager at Affin Hwang Asset Management Bhd , points out that REITs as an asset class performed well last year. “On the back of the continued opaque macro and dovish monetary policy stances, investor interest in defensive, dividend-yielding stocks such as REITs is expected to be sustained. The supportive low interest rate environment also allows lower cost of capital for REITs, promoting cheaper funding for yield-accretive acquisitions.

In the long term, though, it will be hard for the share price rises to continue without improving EPS. At the same time, Dr Lee reckons that manufacturers may shelve expansion plans amid the uncertain outlook until demand proves sustainable. He expects rents for multiple-user factory space to remain depressed, while rents for warehouses are likely to improve – barring an increase in stock – on the back of the growth in e-commerce.

“The beauty of being part of a global organisation is that you get to see what is happening in the US. A February 2019 report international tax and advisory firm Grant Thornton points out that populations in Asia-Pacific are ageing more rapidly than in other regions in history. The report adds that small healthcare operators in rural areas are being merged into large groups to create economies of scale. Meanwhile, private investors are actively looking to build day hospitals in the region. Within the STI’s industrial REIT, we favour Ascendas REIT who has strong inorganic growth visibility, and will continue to acquire assets that can future-proof its portfolio.