SGX Market Updates

S-REIT Earnings Schedule - 2019 June Quarter


PUBLISHED ON |

11 July 2019

  • SPH REIT will be the first to kick off the latest quarterly reporting season for S-REITs today with the release of its fiscal third quarter results ended 31 May 2019.

  • Keppel REIT will announce its results next Monday, followed by Keppel DC REIT, CapitaLand Commercial Trust, Soilbuild Business Space REIT and First REIT in the same week. 

  • The iEdge S-REIT Index has 36 constituents, with a combined market capitalisation of S$98 billion. These 36 constituents averaged a total return of 23.1% in the 2019 YTD, bringing their 1Y and 3Y returns to 20.1% and 41.9% respectively.




SPH REIT will kick off the current financial reporting season for Singapore REITs later today with the release of its fiscal 3Q 2019 earnings. Keppel REIT will follow with its results next Monday, while Keppel DC REIT, CapitaLand Commercial Trust, Soilbuild Business Space REIT and First REIT will release their earnings later in the week. The indicative schedule of earnings releases for the remaining REITs and Business Trusts is provided below. For confirmed earnings release dates in the weekly Economic Calendar, click here.

The table below highlights the confirmed and estimated dates of earnings releases by Singapore REITs and Business Trusts, sorted by date.

S-REIT SGX Code Earnings Release Date Date Type Reporting Period
SPH REIT SK6U 11-Jul-19 Confirmed Q3
Keppel REIT K71U 15-Jul-19 Confirmed Q2
Keppel DC REIT AJBU 16-Jul-19 Confirmed Q2
CapitaLand Commercial Trust C61U 17-Jul-19 Confirmed Q2
Soilbuild Business Space REIT SV3U 18-Jul-19 Estimated Q2
First REIT AW9U 18-Jul-19 Estimated Q2
ESR-REIT J91U 22-Jul-19 Confirmed Q2
Frasers Commercial Trust ND8U 22-Jul-19 Confirmed Q3
Mapletree Logistics Trust M44U 22-Jul-19 Confirmed Q1
Frasers Centrepoint Trust J69U 23-Jul-19 Confirmed Q3
Mapletree Industrial Trust ME8U 23-Jul-19 Confirmed Q1
CapitaLand Mall Trust C38U 23-Jul-19 Estimated Q2
Ascott Residence Trust A68U 24-Jul-19 Estimated Q2
Cache Logistics Trust K2LU 25-Jul-19 Confirmed Q2
Mapletree Commercial Trust N2IU 25-Jul-19 Confirmed Q1
Ascendas India Trust CY6U 25-Jul-19 Estimated Q1
Sabana Shari'ah Compliant Industrial REIT M1GU 25-Jul-19 Estimated Q2
Suntec REIT T82U 26-Jul-19 Confirmed Q2
AIMS APAC REIT O5RU 26-Jul-19 Estimated Q1
CapitaLand Retail China Trust AU8U 26-Jul-19 Estimated Q2
CDL Hospitality Trusts J85 26-Jul-19 Estimated Q2
Frasers Hospitality Trust ACV 26-Jul-19 Estimated Q3
OUE Hospitality Trust SK7 26-Jul-19 Estimated Q2
Starhill Global REIT P40U 26-Jul-19 Estimated FY19
Mapletree North Asia Commercial Trust RW0U 29-Jul-19 Confirmed Q1
Ascendas REIT A17U 30-Jul-19 Estimated Q1
Parkway Life REIT C2PU 31-Jul-19 Confirmed Q2
Far East Hospitality Trust Q5T 31-Jul-19 Estimated Q2
Frasers Logistics & Industrial BUOU 1-Aug-19 Estimated Q3
Ascendas Hospitality Trust Q1P 2-Aug-19 Estimated Q1
Lippo Malls Indonesia Retail Trust D5IU 2-Aug-19 Estimated Q2
OUE Commercial REIT TS0U 2-Aug-19 Estimated Q2
RHT Health Trust RF1U 2-Aug-19 Estimated Q1
Manulife US REIT BTOU 5-Aug-19 Estimated Q2
EC World REIT BWCU 7-Aug-19 Estimated Q2

Source: Bloomberg & SGX (data as of 10 July 2019)




Performances of iEdge S-REIT Index Constituents

The iEdge S-REIT Index has 36 constituents with a combined market capitalisation of S$98 billion. These constituents averaged a total return of 23.1% in the 2019 year-to-date, bringing their one-year and three-year total returns to 20.1% and 41.9% respectively.

The table below details the constituents of the iEdge S-REIT Index, sorted by market capitalisation.

Name SGX
Code
Market
Cap
S$m
Total
Return
YTD
%
Total
Return
1 Yr
%
Total
Return
3 Yr
%
PB
(x)
Div Yld
(%)
CapitaLand Mall Trust C38U 9774 19.4 33.5 43.0 1.1 4.3
Ascendas REIT A17U 9618 23.5 20.8 50.0 1.2 5.3
CapitaLand Commercial Trust C61U 8212 28.1 29.4 73.0 1.0 4.0
Mapletree Commercial Trust N2IU 5905 26.8 32.8 65.3 1.1 4.5
Mapletree Logistics Trust M44U 5815 30.7 30.1 90.5 1.0 5.1
Suntec REIT T82U 5478 13.6 12.9 28.8 0.9 5.0
Mapletree Industrial Trust ME8U 4634 23.6 22.9 53.7 1.4 5.3
Mapletree North Asia Commercial Trust RW0U 4582 30.2 32.5 75.3 0.8 5.4
Keppel REIT K71U 4287 13.1 17.9 38.0 0.8 4.4
Frasers Centrepoint Trust J69U 2929 25.5 26.6 49.2 1.1 4.1
SPH REIT SK6U 2871 14.0 17.2 37.8 1.1 5.1
Ascott Residence Trust A68U 2827 24.5 27.0 44.6 0.8 6.1
Frasers Logistics & Industrial Trust BUOU 2534 25.1 23.4 58.0 1.2 6.3
Keppel DC REIT AJBU 2258 26.9 24.9 70.7 1.5 4.4
CDL Hospitality REIT J85 1991 16.5 9.3 41.4 1.1 6.0
ESR-REIT J91U 1825 11.5 16.4 23.9 0.8 6.7
Parkway Life REIT C2PU 1821 17.1 15.5 33.8 1.6 4.4
Starhill Global REIT P40U 1712 19.0 27.7 20.8 0.8 5.6
Manulife US REIT * BTOU 1669 21.4 11.9 37.2 1.2 5.9
CapitaLand Retail China Trust AU8U 1588 20.9 13.7 29.5 1.0 6.1
OUE Commercial REIT TS0U 1518 18.2 -6.9 7.7 0.6 6.1
Frasers Commercial Trust ND8U 1504 25.2 27.7 56.9 0.9 5.8
Ascendas India Trust CY6U 1449 32.5 43.6 67.3 1.1 5.4
Frasers Hospitality Trust ACV 1354 5.3 12.1 18.7 0.9 6.3
OUE Hospitality Trust SK7 1339 12.8 0.2 27.4 1.1 6.5
Far East Hospitality Trust Q5T 1295 14.9 14.9 32.5 0.8 5.4
Ascendas Hospitality Trust Q1P 1194 41.2 40.8 85.9 0.9 6.1
AIMS APAC REIT O5RU 1026 15.5 13.9 29.9 1.0 7.4
Cache Logistics Trust K2LU 852 18.4 11.3 21.8 1.1 7.7
First REIT AW9U 840 12.3 -12.6 2.2 1.3 8.1
Lippo Malls Indonesia Retail Trust D5IU 680 34.4 -19.1 -13.7 1.0 8.2
Soilbuild Business Space REIT SV3U 659 11.6 3.0 19.3 1.0 7.7
EC World REIT BWCU 605 14.6 17.3 17.1 0.8 7.9
IREIT Global * UD1U 495 11.7 10.0 33.1 1.1 7.3
Sabana Shari'ah Comp Ind REIT M1GU 484 22.1 12.4 24.7 0.8 6.5
RHT Health Trust ^ RF1U 15 109.2 109.1 113.9 0.9 NA
Average 23.1 20.1 41.9 1.0 5.9

Source: Bloomberg & StockFacts (data as of 10 July 2019)
* Manulife US REIT is traded in USD, IREIT Global is traded in EUR, with their SGD equivalents shown in the table.
^ Note: RHT Health Trust is a pure cash trust.







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