All 31 S-REITs have given investors an average total return of 17.6 per cent for the period spanning January to Aug 4 this year. “If you were to compare REITs with the physical market for the average individual investors out there, your rental yield is probably in the range of about 3 per cent and … Read more
Here’s the DPU summary of 6 Singapore REITs who reported earnings in week of 1-4 Aug 2017…
Here’s the DPU summary of 6 Singapore REITs who reported earnings in week of 1-4 Aug 2017…
Here’s the DPU summary of 18 Singapore REITs who reported earnings in week of 24-28 Jul 2017…
Here’s the DPU summary of 7 Singapore REITs who reported earnings in week of 17-21 Jul 2017…
Here’s the DPU summary of 3 Singapore REITs who reported earnings in week of 10-14 Jul 2017…
“Although challenging business conditions continue to bring about a slowdown in the industrial property market, we are establishing the foundation for ESR-REIT’s next stage of development by employing a proactive asset and lease management strategy and exercising a prudent capital and risk management approach to our business. In doing so, we remain committed towards unlocking value for our Unitholders and ensuring that we are well-positioned to capitalise on any market upside.”
Mr. Adrian Chui, CEO
“We are pleased to deliver 2Q FY2017 DPU of 1.466 cents. Despite a soft industrial market, the leasing team has secured more than 110K sq ft of new leases and completed more than 200K sq ft of renewals and forward renewals in this quarter, raising portfolio occupancy to 92.6%. With 7.6% of the portfolio NLA expiring in the second half of 2017, the key asset management focus remains to retain existing tenants and improve occupancy in the multi-tenanted buildings and 72 Loyang Way. With the full utilisation of the security deposit received for 72 Loyang Way, the distributable income will be negatively impacted until the Manager finds a suitable replacement anchor tenant.”
Mr Roy Teo, CEO
“SPH REIT has continued to maintain its track record of 100% committed occupancy and delivered stable performance. We remain committed to our management philosophy that treats the relationship with tenants as a partnership, focusing on sustainable returns for both tenants and landlord. We will continue to work closely with our tenants to ride through the challenges in the retail industry, including optimization of sales productivity, embracing the fast-changing consumer expectations, identifying opportunities in e-commerce and technology advancement. This firm partnership and the well-established positioning of our properties would underpin the long-term sustainability of SPH REIT.”
Ms Susan Leng, CEO
Here’s the DPU summary of 6 Singapore REITs who reported earnings in week of 8-12 May 2017…