SGX Listed REIT

MANULIFE US REIT (SGX:BTOU)


USD 0.745
-0.020 / -2.61%
Share Price as of: 2020-09-24 17:16
Market / ISIN Code: SGX Mainboard / SG1CI1000004
GICS® Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Office REITs


Manulife US REIT Blogger ArticlesMANULIFE US REIT Blogger Articles SGX Listed MANULIFE US REIT (SGX:BTOU) Blogger Articles BTOU.SI Blogger Articles
Dr Tee (Ein55)
Dr Tee (Ein55)
2020-09-23 20:29:03
28 Singapore and Global Information Technology Stocks (通风报讯)
Information Technology (IT) is everywhere in modern world, a stock with strong IT related business would have bright future for investment.  Therefore, an investor may consider 28 IT stocks in Singapore, especially those defensive growth stocks. In this article, you will learn from Dr Tee on 4 Singapore IT Giant Stocks which are efficient in making money with economic moat but having mixed impacts during COVID-19 stock crisis. Bonus for readers who could read every words of the entire article: 7 global IT giant stocks. 1) IT Retail Giant Stock – Challenger Technologies (SGX: 573) 2) Software Giant Stock – Silverlake Axis (SGX: 5CP) 3) Data Center Giant REITs – Keppel DC Reit (SGX: AJBU) – Mapletree Industrial Trust (SGX: ME8U) Nearly
DollarsAndSense.sg
Dinesh Dayani
2020-08-18 15:36:41
S-REIT Report Card: Here’s How Singapore REITs Performed In Third Quarter 2020
Apart from just manoeuvring an economic downturn in 2020, everyone is also combating a very real health threat. The combination of this has also led to major disruptions in the way we live, work and play, accelerating economic trends that should have been years in the making. Along with this, the properties – including REITs – that enable us to live, work and play have all been impacted. In the short term, volatility may spark sharp rises and dips in market prices, in the longer-term, some types of properties may become less relevant entirely. In our REITs Report Card, which we publish each quarter, we look at how S-REITs have performed as a whole and individually. How Have Singapore REITs Fared In The YTD 2020? The iEdge S-REIT Index is a free-float market capitalisation weighted inde
The Fifth Person
Kenji Tay
2020-08-11 23:43:02
How to invest in Singapore REITs for passive income – a beginner’s guide
Retail investors are drawn to real estate investment trusts (also commonly known as REITs) because of the passive income they offer. Sinagpore REITs can fetch a decent yield, ranging between 5-8% per annum. While REITs are great vehicles to build a dividend portfolio, you will still need to pick the right ones at the right price in order to grow your portfolio and maximise your dividends. So what are REITs? REITs are investment trusts that pool investors’ money to buy and own income-producing real estate. These properties are leased out to tenants who, in turn, pay rental income to the REIT. Like all property investors, REITs can also acquire new properties, enhance and improve existing ones, or increase rental rates to grow their income. As an investor, you are entitled to
Dr Tee (Ein55)
Dr Tee (Ein55)
2020-08-09 20:05:06
42 Singapore REITs & 16 Business Trusts (稳如泰山)
Singapore REITs are popular investment for passive income through stable dividend stocks. In this article, you will learn on how to invest in 21 giant stocks from 42 Singapore REITs and 16 Business Trusts with 3 key strategies (Striker / Mid-fielder / Defender) in 8 categories: 1) Retail REITs 2) Office REITs 3) Industrial REITs 4) Healthcare REITs 5) Diversified REITs 6) Data Center REIT 7) Hospitality REIT 8) Business Trusts There are 6 Singapore REITs which are also Business Trusts, so total there are 42 + 16 – 6 = 52 Singapore REITs and Business Trusts as of current stock market. Currently, out of 30 STI Index stocks, 5 are REITs. Soon, SPH (SGX: T39) with declining trading market capitalization (lower share price and/or lower trading volume) will be r
REIT-TIREMENT
Vince
2020-08-07 00:16:23
Manulife US REIT Analysis @ 4 August 2020
Basic Profile & Key StatisticsManulife US REIT (MUST) was listed on 20 May 2016 and is trading in USD. MUST invests in office properties across 5 states in US.Lease ProfileOccupancy is healthy at 96.2%. WALE is long at 5.7 years. From the latest presentation, 55% of the lease by rental income will be expiring in 2025 and beyond without breakdown, if we consider before 2025, then the highest lease expiry of 17.5% falls in the year 2022. All of its properties are freehold. Debt ProfileGearing ratio is slightly high at 39.1%. Cost of debt is high at 3.3% even with 100% secured debt. Fixed rate debt is high at 92.7%. Interest cover ratio is moderate at 3.8 times. WADE is short at 2.3 years where the highest debt maturity of 26.8% falls in the year 2021. MUST has refinanced part of its
DollarsAndSense.sg
Dinesh Dayani
2020-06-03 20:38:57
[2020 Edition] Complete Guide To Start Your REITs Investing Journey In Singapore
This article was first published on 19 June 2018 and updated with the latest information. This article contains links to our affiliate partners. DollarsAndSense may receive a share of revenue from your sign-ups. Real Estate Investment Trusts (REITs) is a popular type of investment in Singapore. In fact, it is so popular that Singapore has grown to become the largest REIT market in Asia ex-Japan. This is mainly down to two reasons. #1 REITs are essentially property investments. Singaporeans’ fascination for property investments stem from its meteoric rise since our island nation gained independence. Even on the back numerous property cooling measures enforced to reduce speculation in residential properties, sky-high prices mean that property investments remain out of reach for ordinary
My Stocks Investing Journey
Marubozu
2020-05-30 13:23:09
3 Singapore REITs which have completed V Shape Recovery
While many investors are still waiting for the next market crash and trying to figure out the what is going on, FTSE ST REIT index has rebounded c.40% since the bottom on Mar 23, 2020. There are 3 important lessons learned for Investing in this market crash: (1) Stock Market is NOT the economy. The stock market is forward looking and moves ahead of the economy. (2) Don’t invest based on news (3) Stay focus on what the chart and the price-action tell you. That’s the truth on what is going on in the stock market.   Today is a very bullish day for Singapore REITs. It is very rare to see such huge price movement in a day. Furthermore, there are many  REITs breakout from the consolidation based on chart patterns.   CapitaMall Trust breakouts from Ascending Triangle char
Investment Moats
Kyith
2020-05-14 09:33:36
Which Singapore REIT will Survive and Thrive Better During this Challenging Period?
DBS has a pretty good report out which shows some of the “stress-test” they put the REITs listed in Singapore through. For those serious in investing in REITs, this is a good blueprint how you can assess the defensiveness of REITs in times of stress. This kind of assessment is very quantitative and should not be the only way you assess the REIT’s defensiveness. You have to layer the qualitative aspect as well. Let me share some of the main takeaways. The Metrics that DBS uses to Measure Whether Each Singapore REITs Will Survive Better Firstly, we have to be clear what they mean when they measure the survivability of the REITs. I do not get a clear statement from the report but after reviewing the report, a REIT survives better by coming through this
AlpacaInvestments
AlpacaInvestments
2020-05-11 11:33:26
Singapore REITs: Do Leasehold Land Tenures Matter for Valuations?
I had intended to write on this topic for the longest time, but school commitments meant that this was put on hold. With an entire month ahead before my internship begins, time is aplenty for me to do more in depth research into companies and sectors, so watch this space closely for more articles!Recently, a conversation with someone on Reits led to the discussion on this topic – whether the underlying land tenure of a Reit matters when making an investment decision. In short, I believe that it does, even if this detail is often overlooked by investors, who may prefer to focus on the yield instead. I believe that while looking at the yield of a Reit is important, we should also consider the underlying land tenure of the Reits’ assets as an important decision making metric. In this arti
Profit Hunting
BlackCat
2020-05-08 13:21:43
What I am doing
I am using two strategies: 'dividend stocks' and 'market timing'.Am now 40% invested, all in dividend stocks/REITs/trusts, mostly SGX listed. The big ones are Netlink Trust and Manulife US REIT, with smaller positions in Frasers Centerpoint Trust and Mapletree Commercial Trust.I think the last month's rally is a bear market rally.  I am waiting for a correction to continue buying Frasers Centerpoint Trust and Mapletree Commercial, plus Brookfield Infrastructure Trust.  This will take me up to 60% invested.I'm willing to catch falling knives when buying dividend stocks.  Even though they will be affected by the recession (except Netlink), all the SGX-listed stocks above should survive without raising capital, unless revenue drops by more than half.  Once the economy reco
Investment Moats
Kyith
2020-04-13 08:54:08
Manulife US REIT and Keppel Pacific OAK Reverts Back to Old Group Structure after Section 267A Finalization
Somewhere in September 2018, the share prices of two Office REITs with properties in the United States went down a lot. In Keppel Pacific Oak’s rights issue document, they stated, in a certain formal way that, that should there be changes in certain tax rules, there might be material impact on their dividend per unit. This has got to do with whether their United States sub corporation can use interest expense as a tax shield. We know that with interest expense, you can bring down your taxable income, thus you pay less tax expense. This increases the cash flow to pay dividends. If a company cannot do that anymore there will be a material impact. The worry is that REITs like Keppel Pacific OAK, Manulife US REIT’s dividend per unit will be impacted by 30%.
Investment Moats
Kyith
2020-03-27 11:58:34
Updates from Manulife US REIT & Prime US REIT
Most of the REIT investors endure some extreme volatility in this March Madness. Their holdings have quite a good run in 2019. Coming into 2020, investors believe that the low rate environment is here to stay. Even when the threat of Corvid-19 reaching the United States and Europe, investors rationalize that when the interest rate plunge, this must be a more conducive environment for the REITs. What comes next is that in a span of 2 weeks, many REITs saw their stock prices plunge 50%. Manulife US REIT and Prime US REIT both endure the same fate as their peers. In the past 2 days, both REITs provided some updates to analysts, so as to address the potential uncertainties of investors. Since then both REITs saw their share price go up 20-25%. Manulife’s share price h
Profit Hunting
BlackCat
2020-02-23 16:50:17
Bought TLT
Bought TLT (20 year treasuries) in 14th Feb.  310 shares at $144.78.Mostly as a hedge for my China/India and IAG positions.SPY is overextended, but still keeps going up.  Gold and long-term bonds are also going up, so they don't believe in the previous sentence.  I wait for SPY to drop, probably taking the rest of my stocks with it, and for the Fed to lower rates by a lot (0.5 or 1%).  Gold and TLT cushion me in this scenario, and give me some money to play with if the market corrects like in 4Q18.This weekend, the coronavirus has broken out in Italy and South Korea, spectacularly for the latter.  Markets should go down....but with so much stimulus, I don't know if they will.I am now:50% invested in stocks.  Slightly more than half of that is long term dividen
Profit Hunting
BlackCat
2019-11-08 20:19:30
Bought CSE Global, Gazprom and a European Bank
Made three trades in the past month.Bought CSE Global at 46c.  They are a technology company, primarily servicing the oil and gas sector and secondarily, government infrastructure.  Most of their work is project based - they talk about recurring income, but I'm not sure how 'recurring' it really is.  I bought because it was fairly cheap and it 5% yield is probably sustainable.  I can collect it while I wait for oil sentiment to improve.  Key numbers to watch are its order book, and receivables (they had a big problem with them in mid-2017).  Its 2% of my portfolio, due to its lumpy (project based) earnings.Bought Gazprom at USD 6.91, a Russian gas giant supplying Europe and China.  It was cheap, paying a 7 percent yield (before 10% Russian withholding tax
Profit Hunting
BlackCat
2019-09-22 07:43:33
Manulife US Reit acquisition of 400 Capitol
The recent announcement seems OK.  Not good, not bad. just OK.It is a Class A office building in Sacremto downtown (CBD), possibly a "trophy", being the "tallest building in Sacramento...forming an integral part of the city’s skyline. The Property is widely considered the premier building in the market and is downtown Sacramento’s address of choice for premier law, financial service, accounting, and professional service firms."Average of 2.3% rental escalations per annum.Committed occupancy is 94.9%, though the small print says that excludes one tenant that has exited since then.Manulife says that rentals have space to move up:The 2019 Q2 Cushmand and Wakefield report that I found gives Downtown Sacremto's asking rent as  $3.18 (p3), which would be $38.16 per year. 
Profit Hunting
BlackCat
2019-07-10 07:56:40
US Prime REIT
Kyith at investmentmoats has already covered this IPO's buildings and basic metrics.  No need to repeat it here.  They seem decent, except for the leverage.But he thought they may need to raise money for expansion after listing.  I want to look further at their growth potential.Growth PotentialTheir leverage upon listing will be 37%, limiting their ability to borrow more money.Is there scope to grow by increasing occupancy?  Not much.  In their 2020 projections that the 7.4% yield (@ 100% payout) are based on, they already assume a high occupancy rate:Is there scope for rent increases?  Summarising the Property Market Report (Section F) of the prospectus:Not much here either.  Note that this 3% increase is in gross rent, the percent increase in Net P
Profit Hunting
BlackCat
2019-06-30 22:10:09
Dividend stocks: My first big bet
I bought a lot of Netlink Trust and a little Manulife US REIT in the last few weeks.  Enough to give me around SGD 6K of dividends a year.Now I've got 70,000 shares of Netlink Trust at an average of 85.4c, and 26,800 shares of Manulife at an average USD 0.861c.Why did I pick these stocks?Netlink Trust is a defensive counter, one of the few whose earnings would be unaffected by a recession. And still (barely) trading at a reasonable yield.  Long term, its residential revenue should follow the growth in Singapore household formation.  Its Non-Building Access Point's (NBAPs) should grow with internet-of-things/smart-city coming now, and 5G coming later.  I can't see any disrupting technology on the horizon, though I need to remind myself to keep a lookout.Manulife US Reit
Profit Hunting
BlackCat
2019-05-21 21:10:47
Dividend Portfolio
Inspired by posts like this and this, I've decided to slowly start a dividend portfolio.  I'm looking for stocks with a 6% yield -  the hard part is to judge if its sustainable.I aim to buy SGD 8K worth of stocks per month for the next 3 years.  Plus a little more when I get my bonus.   This should give me a 300K portfolio in 3 years, with an income of 18K per year.  I expect a serious downturn in the next few years, which would make me buy faster.I've started with:Cromwell Reit (10,000 shares) - not great, but had an 8% yield which is probably sustainable.Netlink Trust (12,000 shares) - low yield, under 6%, but very stable.  I can't see any threat from 5G, and NBAP revenue may grow from IOT.Manulife REIT (6,800 shares) - 6% yield, US economy still l





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