{"id":42,"date":"2017-01-11T19:00:38","date_gmt":"2017-01-11T11:00:38","guid":{"rendered":"http:\/\/reitsaaa.yieldsavvy.com\/singapore\/?p=42"},"modified":"2017-04-10T20:24:49","modified_gmt":"2017-04-10T12:24:49","slug":"two-warning-signs-sphreit-financial-results","status":"publish","type":"post","link":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/","title":{"rendered":"Two warning signs from SPHREIT Financial Results"},"content":{"rendered":"<p>On 11 Jan 2017, SPHREIT <a href=\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/sphreit-financial-results-ending-30-nov-2016\/\">released it&#8217;s financial results ending 30 Nov 2017<\/a>.<\/p>\n<p>While SPH REIT noted the outlook for Singapore economy remains modest and international visitor arrivals and tourism receipts grown, we noted two warning signs from SPH REIT&#8217;s\u00a0market outlook&#8230;<\/p>\n<p><!--more--><\/p>\n<ol>\n<li>The retail sales index (excluding motor vehicles) declined by 3.8% in Q1 2016, 3.7% in Q2 2016, and 4.2% in Q3 2016.<\/li>\n<li>Most of the trade segments registered decline in sales in Q3 2016, in particular, wearing apparel and footwear (4.2%), food and beverage (10.1%) and watches and jewellery (16.0%).<\/li>\n<\/ol>\n<p>Singapore&#8217;s retail environment remains challenging, and may impact\u00a0SPHREIT&#8217;s performance moving forward.<\/p>\n<blockquote><p>Want to find out how SPHREIT stack up against\u00a0other Singapore REITs? <a href=\"https:\/\/app.yieldsavvy.com\/\" target=\"_blank\">Click here!<\/a><\/p><\/blockquote>\n<p>Reference:\u00a0<a href=\"http:\/\/sphreit.listedcompany.com\/newsroom\/20170111_183402_SK6U_BN8YLIRN8L309VH0.3.pdf\" target=\"_blank\">SPHREIT Presentation Slides<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 11 Jan 2017, SPHREIT released it&#8217;s financial results ending 30 Nov 2017. While SPH REIT noted the outlook for Singapore economy remains modest and international visitor arrivals and tourism receipts grown, we noted two warning signs from SPH REIT&#8217;s\u00a0market outlook&#8230;<\/p>\n","protected":false},"author":4,"featured_media":78,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"generate_page_header":"","footnotes":""},"categories":[40],"tags":[77],"class_list":["post-42","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sphreit-sk6u","tag-sphreit-sk6u"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Two warning signs from SPHREIT Financial Results - YieldSavvy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two warning signs from SPHREIT Financial Results - YieldSavvy\" \/>\n<meta property=\"og:description\" content=\"On 11 Jan 2017, SPHREIT released it&#8217;s financial results ending 30 Nov 2017. While SPH REIT noted the outlook for Singapore economy remains modest and international visitor arrivals and tourism receipts grown, we noted two warning signs from SPH REIT&#8217;s\u00a0market outlook&#8230;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"YieldSavvy\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SingaporeREITsUpdates\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-11T11:00:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-04-10T12:24:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1090\" \/>\n\t<meta property=\"og:image:height\" content=\"818\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/person\/43b5210f501f251d8ed46716cb2fd491\"},\"headline\":\"Two warning signs from SPHREIT Financial Results\",\"datePublished\":\"2017-01-11T11:00:38+00:00\",\"dateModified\":\"2017-04-10T12:24:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#organization\"},\"image\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg\",\"keywords\":[\"SPHREIT (SK6U)\"],\"articleSection\":[\"SPHREIT (SK6U)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\",\"url\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\",\"name\":\"Two warning signs from SPHREIT Financial Results - YieldSavvy\",\"isPartOf\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg\",\"datePublished\":\"2017-01-11T11:00:38+00:00\",\"dateModified\":\"2017-04-10T12:24:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage\",\"url\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg\",\"contentUrl\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg\",\"width\":1090,\"height\":818},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/reits.yieldsavvy.com\/singapore\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Two warning signs from SPHREIT Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#website\",\"url\":\"https:\/\/reits.yieldsavvy.com\/singapore\/\",\"name\":\"YieldSavvy\",\"description\":\"Singapore REITs under one roof\",\"publisher\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/reits.yieldsavvy.com\/singapore\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#organization\",\"name\":\"YieldSavvy.com\",\"url\":\"https:\/\/reits.yieldsavvy.com\/singapore\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/ys-masthead-02.png\",\"contentUrl\":\"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/ys-masthead-02.png\",\"width\":401,\"height\":67,\"caption\":\"YieldSavvy.com\"},\"image\":{\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SingaporeREITsUpdates\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/person\/43b5210f501f251d8ed46716cb2fd491\",\"name\":\"Editor\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Two warning signs from SPHREIT Financial Results - YieldSavvy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Two warning signs from SPHREIT Financial Results - YieldSavvy","og_description":"On 11 Jan 2017, SPHREIT released it&#8217;s financial results ending 30 Nov 2017. While SPH REIT noted the outlook for Singapore economy remains modest and international visitor arrivals and tourism receipts grown, we noted two warning signs from SPH REIT&#8217;s\u00a0market outlook&#8230;","og_url":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/","og_site_name":"YieldSavvy","article_publisher":"https:\/\/www.facebook.com\/SingaporeREITsUpdates\/","article_published_time":"2017-01-11T11:00:38+00:00","article_modified_time":"2017-04-10T12:24:49+00:00","og_image":[{"width":1090,"height":818,"url":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#article","isPartOf":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/"},"author":{"name":"Editor","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/person\/43b5210f501f251d8ed46716cb2fd491"},"headline":"Two warning signs from SPHREIT Financial Results","datePublished":"2017-01-11T11:00:38+00:00","dateModified":"2017-04-10T12:24:49+00:00","mainEntityOfPage":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/"},"wordCount":119,"publisher":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#organization"},"image":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg","keywords":["SPHREIT (SK6U)"],"articleSection":["SPHREIT (SK6U)"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/","url":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/","name":"Two warning signs from SPHREIT Financial Results - YieldSavvy","isPartOf":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#website"},"primaryImageOfPage":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg","datePublished":"2017-01-11T11:00:38+00:00","dateModified":"2017-04-10T12:24:49+00:00","breadcrumb":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#primaryimage","url":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg","contentUrl":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/170111-sk6u-slides-key-highlights.jpg","width":1090,"height":818},{"@type":"BreadcrumbList","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/2017\/01\/two-warning-signs-sphreit-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/reits.yieldsavvy.com\/singapore\/"},{"@type":"ListItem","position":2,"name":"Two warning signs from SPHREIT Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#website","url":"https:\/\/reits.yieldsavvy.com\/singapore\/","name":"YieldSavvy","description":"Singapore REITs under one roof","publisher":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/reits.yieldsavvy.com\/singapore\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#organization","name":"YieldSavvy.com","url":"https:\/\/reits.yieldsavvy.com\/singapore\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/logo\/image\/","url":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/ys-masthead-02.png","contentUrl":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-content\/uploads\/ys-masthead-02.png","width":401,"height":67,"caption":"YieldSavvy.com"},"image":{"@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SingaporeREITsUpdates\/"]},{"@type":"Person","@id":"https:\/\/reits.yieldsavvy.com\/singapore\/#\/schema\/person\/43b5210f501f251d8ed46716cb2fd491","name":"Editor"}]}},"_links":{"self":[{"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/posts\/42","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/comments?post=42"}],"version-history":[{"count":0,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/posts\/42\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/media\/78"}],"wp:attachment":[{"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/media?parent=42"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/categories?post=42"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reits.yieldsavvy.com\/singapore\/wp-json\/wp\/v2\/tags?post=42"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}