Ben Carlson and Michael Batnick’s Animal Spirits have become a great podcast to listen to. If you are the sort that wants a short 30 minute entertaining take on what are some of the best financial data points out there, and discussion on some of the latest articles that they have read (they read a lot), this is the one.  They have introduced a Talk your book segment where they bring on some interesting financial products that they find, could have a role in your portfolio, and ask the people behind it to talk about it. You will appreciate the way they context the discussion to a strategic level, thinking about whether you need this financial product in your portfolio. In last week’s episode, they brought on the folks behind Fundamental Income to talk about their new Net Le

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) changed from 869.49  to 858.67 (-1.24%) as compared to last post on Singapore REIT Fundamental Comparison Table on May 5, 2019. The REIT index is currently facing immediate resistance of 875 (the previous high in 2018) and trading within a falling wedge consolidation range between 848 to 870.  Based on the current chart pattern and and momentum,  the sentiment is BULLISH and the trend for Singapore REIT direction is still UP with a pause. All eyes will be focusing on whether the REIT index can break the 2018 high (875) and 2013 high (892) back in May 2013. Another scenario would be a break down of the 848 immediate support and we will see a larger correction of REIT

Real Estate Investment Trusts (REITs) are a favourite investment for Singapore investors. This is primarily due to its property-heavy investments and relatively high distribution yields. REITs Share Price Performance In 1st Half 2019 The first aspect of figuring out how REITs have done in the first half of 2019 is to look at how its share price has moved in the year-to-date (ytd) 2019. The chart below shows the price movements of the SGX S-REIT 20 Index, comprising the top 20 REITs listed in Singapore. As we can see, its share price has increased 10.3% since the start of the year, to 1337.3. However, looking at the past quarter, prices does look like it has taken a slight dip. Source: ShareInvestor In general, REITs have had a strong performance, in terms of just price appreciation, in th

Keppel DC REIT (KDC REIT) is a pure-play data centre REIT listed on the Singapore Exchange. The REIT invests in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes. KDC REIT’s portfolio comprises 15 data centres — with a total attributable lettable area of 1.1 million square feet — strategically located in key data centre hubs in 10 cities across eight countries in Asia-Pacific and Europe. As at 31 December 2018, the portfolio was valued at approximately S$2.0 billion. No matter how advanced civilization becomes, we can’t escape the need for physical real estate. The more we rely on technology to run our lives, the more data centres we need to store and compute our information. In the Keppel DC REIT 201

Find my interview as one of the panelists in insideINVEST. Panelists Kenny Loh (Senior Consultant of an Independent Financial Adviser) Chan Kum Kong (Head of Research and Product, SGX) Nupur Joshi (CEO, REITAS)   With growing interest in REITs and retail investors hunt for higher yields amidst the uncertainties in the macro environment, hear what our panel of experts have to say about S-REITs.   S-REITs have performed well over the past 10 years. What are your views of this asset class moving forward? Kenny: The FTSE ST REIT Index, which represents the Singapore REIT sector, has gone up by 114% in 10 years and translates to a compounded annual growth rate (CAGR) of 8.8% excluding dividend yield. The worst correction from the peak is about 22% during this 10-year period. Moving

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) continued the bullish rally raising from 866.27 to 869.49 (+0.37%) as compared to last post on Singapore REIT Fundamental Comparison Table on April 1, 2019. The REIT index continues to trade upward in the uptrend and currently getting very near to the immediate resistance of 875 (the previous high in 2018) after the recent minor correction which was supported by the 50D SMA.  Based on the current chart pattern and and momentum,  the sentiment is BULLISH and the trend for Singapore REIT direction is UP. All eyes will be focusing on whether the REIT index can break the 2018 high (875) and 2013 high (892) back in May 2013. We shall see whether the following fundamental REI

In the first two parts of this 4-part series, we highlighted six chosen stocks as part of our ‘The Avengers’ investment portfolio. Want to make a guess which other SG stocks fall into the chosen group of elite stocks in our ‘The Avengers’ investment portfolio? Investors Takeaway: Which SG Stock Deserves To Be Part Of “The Avengers”? Black Panther: Keppel DC REIT One Of A Kind Just like Black Panther is one-of-a-kind superhero, Keppel DC REIT is the only pure-play data centre REIT listed on SGX with an investment mandate to focus only on data centres. Its current portfolio is valued at $2 billion, spanning across Asia Pacific and Europe. Backed By Increasing Digitalisation And Cloud Adoption From a business perspective, Keppel DC REIT’s outlook is underpinned by increasing

Here are three REITs that had delivered a strong 4Q18 that investors will rue missing out on them. Investors Takeaway: 3 REITs That Investors Will Rue Missing Out On Keppel DC REIT Keppel DC REIT made a strong end to FY18 with a gross rental income growth of 26.2 percent year-on-year. The boost in gross rental income came largely from recent acquisitions of maincubes Data Centre, KDC Singapore 5 and KDC Dublin 2. Overall, Keppel DC REIT’s net property income rose by 24.6 percent with 4Q18 delivering on both revenue (30.5 percent) and net property income (30.1 percent). Moving forward, Keppel DC REIT remains one of the few REITs in Singapore capable of making accretive acquisitions, supported by a low cost of capital. Acquisitions are expected to deliver a solid 3-5 percent growth in DP

The second part of key insights into Keppel DC REIT's (SGX: AJBU) business strategy and update.

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) continued the bullish rally raising from 842.91 to  866.27 (+2.77%) as compared to last post on Singapore REIT Fundamental Comparison Table on Mar 4, 2019. The REIT index continues to rise sharply in the uptrend and currently closing in the immediate resistance of 875 (the previous high in 2018). Based on the current chart pattern and and momentum,  the trend for Singapore REIT direction is UP but upside may be limited.  It remains to be seen whether the REIT index can break the 2018 high (875) and 2013 high (892) back in May 2013. We shall see whether the following fundamental REIT data to support the technical bull run.   Fundamental Analysis of 39 Singapore REIT

KEPPEL DC REIT (SGX: AJBU) and CapitaLand Commercial Trust (SGX: C61U) will be releasing earnings updates this week. Here's what to look out for.

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) continued the bullish rally raising from 832.03 to 842.91 (+1.31%) as compared to last post on Singapore REIT Fundamental Comparison Table on Feb 4, 2019. The REIT index retraced and successfully tested the 820 resistance-turned-support to continue the uptrend. In addition, this bullish uptrend is supported by a strong volume.   Based on the current chart pattern and trend analysis, the trend for Singapore REIT direction is UP!  There is a chance for Singapore REIT index to test the immediate resistance at about 875 (the previous high in 2018) based on current market sentiment and bullish momentum. This represents another 4% upside potential from current level before t

After steadily raising interest rates for the past 2 years, the Fed is indicating that it could take a pause from more interest rate hikes. The officials are signalling that they will wait and monitor the market before deciding whether the economy is strong enough for another rate hike. With interest rate risk deflating and the flight to safety trend, most S-REITs are showing significant positive return over end-2018 share price. KGI notes that this will continue to be the dominant trend moving forward. As such, despite recent capital gains, KGI believes that the current valuation of S-REITs is still moderately attractive for investors to enter into S-REIT investments. KGI: Ranking S-REITs On 4 Investment Criteria To help investors decipher which S-REITs to invest in, KGI categorised the S

The US Federal Reserve has indicated that 2019 will likely see slower interest rate hikes. This comes on the back of mounting macroeconomic uncertainties, that has seen investors turn to less risky investments. This may benefit REITs in three ways: # 1 Traditionally, REITs take on a lot of debt to fund its capital-intensive property investments. Slower interest rate hikes in 2019 will ease the growing pressure on REITs, in terms of debt repayment. # 2 Markets are efficient – which means that prices of REITs would have taken into consideration that rate hikes would continue as normal. This stance of slowing down the interest rate hikes in 2019 is new information for the market, and may give REITs a boost. (Do note that most of this new information should already be priced into the markets

We're taking a look at the latest financial performance and valuation of Keppel DC REIT (SGX: AJBU).

Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) had a huge rally last month from 777.45  to 832.03 (+7.00%) as compared to last post on Singapore REIT Fundamental Comparison Table on Jan 1, 2019. The REIT index broke out from an down trend channel and critical resistance at 800, and reversed to an uptrend with spike in volume just in 1 month! This bull’s move was fast and furious! Most investors were not able to capture this large bullish move if they were not watching the stock market every day. Based on the current chart pattern and trend analysis, the trend for Singapore REIT direction is UP!  There is a chance for Singapore REIT index to test the immediate resistance at about 875 (the previous high in 2018) b