SGX Listed REIT

MANULIFE US REIT (SGX:BTOU)


MANULIFE US REIT (SGX:BTOU) @ SGinvestors.io
USD 0.700
-0.005 / -0.71%
Share Price as of: 2021-09-28 17:16
Market / ISIN Code: SGX Mainboard / SG1CI1000004
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
My Stocks Investing Journey
Marubozu
2021-09-05 00:00:16
Singapore REIT Monthly Update (Sep 04 – 2021)
Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased slightly from 882.31 to 876.88 (-0.62%) compared to the last month update. Currently the Singapore REIT index is still trading with a range between 816 and 890. As for now, Short term direction: Sideway. Immediate Support at 816, followed by 775. Immediate Resistance at 890. Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on August 7, 2021. Fundamental Analysis of 38 Singapore REITs The following is the compilation of 38 Singapore REITs with colour coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio. Note 1: The Financial Ratio are based on past data and there are lagging indicator
Investment Income For Life
Blade Knight
2021-08-15 20:15:39
United Hamsphire US REIT- High Distribution Yield of 8.1% And Points To Note If Investing In It.
United Hampshire US REIT ("UHREIT") is actually a very resilient SGX listed REIT that is very much misunderstood. It has even been paying out stable distributions during the worst of the COVID induced global recession period in 2020. The recent announcement of its 1st half results with 3.05 cents interim distribution means an annualized high distribution yield of +8.13% based on unit price of US$0.75 as at 12 August 2021. The high distribution yield is one of the highest in SGX listed REITs out there. As with all high yield REIT, there are certain risk that one needs to take note which I will explain towards the end of this post. 1. Why UHREIT is resilient? UHREIT tenants are mostly in US Essential Services (94.8% occupancy) and long WALE of 8 yearsAs seen from above screenshot, UHREI
Investment Moats
Kyith
2021-08-13 00:15:15
Manulife US REIT Cuts Dividend per Unit by 11.5% in their 1H 2021 Update.
Manulife US REIT this morning announced their 1st half 2021 results. They also declared a half-yearly dividend per unit of $0.027. This brings the annualized dividend yield based on the current share price of $0.765 to 7.1% a year. (You can compare this dividend yield to other REIT and high yielding dividend stocks in my Dividend Stock Tracker) This dividend per unit decreased by 11.5% compared to a year ago. Manulife US REIT is not the only office REIT to announced that they decreased the dividend declared for the half-year. Prime US REIT also decreased their dividend per unit. If you review my dividend stock tracker, you would be able to observe that both peers Keppel Pacific Oak and Prime US REIT trade at 8.4% and 8.0% respectively. What caused Manulife US REIT’
My Stocks Investing Journey
Marubozu
2021-08-10 14:49:37
Singapore REIT Monthly Update (Aug 07 – 2021)
InvestFair 2021 is happening! The first edition of InvestFair virtual features speakers and industry experts to bring across insights to WHERE and WHAT to invest in the current market. Click on the above banner to register for the event now. Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 868.08 to 882.31 (+1.64%) compared to the last month update. Currently the Singapore REIT index is still trading with a range between 816 and 890. As for now, Short term direction: Sideway and Up. Immediate Support at 816, followed by 775. Immediate Resistance at 890. Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on July 4, 2021. Fundamental An
AlpacaInvestments
AlpacaInvestments
2021-07-24 13:02:52
Things I've learnt from Manulife Reit's Corporate Presentation
 Attended the Manulife Reit (“MUST”) Corporate Presentation earlier today organized by SmartKarma and SGX. Thought it would be useful for current and potential investors if I summarized the key points that were discussed during the presentation, as well as management’s responses to some of the questions raised by the participants. Firstly, some generic information about MUST. MUST was listed on the SGX in 2016 with three properties. Since then, MUST has grown its AUM via acquisitions, and now owns a total of nine office assets across the US. As of 31 Mar 2021, MUST’s key financial metrics include a gearing ratio of 41.3%, weighted average interest rate of 3.18%, weighted average debt maturity of 2.1 years and a 3.5x interest coverage ratio. Portfolio metrics as of 31 Mar 2021
My Stocks Investing Journey
Marubozu
2021-07-07 01:04:35
Singapore REIT Monthly Update (July 04 – 2021)
Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 849.11 to 868.08 (2.23%) compared to the last month update. Currently the Singapore REIT index is still trading with a range between 816 and 880. As for now, Short term direction: Sideway. Immediate Support at 816, followed by 775. Immediate Resistance at 880. Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on June 6, 2021. Fundamental Analysis of 39 Singapore REITs The following is the compilation of 39 Singapore REITs with colour coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio. Note 1: The Financial Ratio are based on past data and there are lagging indicators. N
The Fifth Person
Julian Kay
2021-07-05 12:23:55
8 things I learned from the 2021 Manulife US REIT AGM
Manulife US Real Estate Investment Trust (MUST) is a REIT listed on the Singapore Exchange since 20 May 2016. MUST’s portfolio comprises nine Class A office properties located in California, Georgia, New Jersey, and the Washington D.C. metropolitan area with a combined asset value of US$2.0 billion (as at 31 December 2020). The COVID-19 pandemic led to a sharp economic decline in the U.S. leading many experts to predict a bleak future for office properties. Similar to many S-REITs, MUST’s unit price declined in 2020 before staging a recovery. At MUST’s 2021 AGM, CEO Jill Smith took investors through MUST’s FY2020 performance and its developments moving ahead. Here are eight things I learned from the 2021 Manulife US REIT AGM. 1. Despite the pandemic, MUST reported higher
My Stocks Investing Journey
Marubozu
2021-06-12 16:46:38
Singapore REIT Monthly Update (May 04 – 2021)
Happening on the 15th and 22nd May 2021, REITs Symposium is into its 7th edition. Across 2 days, we will unveil the developments and opportunities in the REITs Industry. Gain insights into Singapore REITs, and engage with a panel of speakers which include REIT CEOs. Register for free now!     Technical Analysis of FTSE ST REIT Index (FSTAS8670) At the point of writing, the chart of FSTAS8670 is not available on multiple charting platforms. However I am able to find another ticker (FSTRE2000) from MarketWatch. FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 859.68 to 865.91 (+0.72%) compared to last month update. Currently the Singapore REIT index is still trading with a range between 816 and 874. As for now, Short term direction: Sideway. Immediat
A Path to Forever Financial Freedom (3Fs)
B
2021-06-10 14:13:43
Jun 2021 - Portfolio & Transaction Updates
No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Alibaba        300 US$213      84,350.00 23.0% Growth 2. Lendlease Reit   85,000 S$0.79      67,150.00 17.0% Dividend 3. JD        300 US$72.7      29,000.00 8.0% Growth 4. Ping An      2000 HK$81.3      28,400.00 8.0% Matured 5. Huya     1,000 US$16.2      21,380
A Path to Forever Financial Freedom (3Fs)
B
2021-05-23 16:37:22
May 2021 - Portfolio & Transaction Updates
No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Manulife Reit 100,000 US$0.74      98,300.00 26.0% Dividend 2. Alibaba        300 US$211      84,200.00 23.0% Growth 3. Lendlease Reit   85,000 S$0.74      62,900.00 17.0% Dividend 4. JD        300 US$72.7      29,000.00 8.0% Growth 5. Ping An      1000 HK$81.3      14,200.00
Investment Moats
Kyith
2021-05-19 15:49:37
Manulife US REIT, Prime US REIT and KORE’s Results show Challenging US Office Environment.
The three Singapore-listed US office REITs have released their quarter 1 2021 updates. During these operation updates, not a lot of financial results were released. However, if we look at certain metrics from their updates, we might be able to detect certain strengths and weakness about the commercial office markets in the United States. Manulife US REIT’s Occupancy has been falling Manulife US REIT update on Q1 2021 Manulife US REIT update on Q4 2020 Manulife US REIT update on Q3 2020 The occupancy level for Manulife US REIT has been coming down quarter by quarter (read the high occupancy). The weighted average lease expiry (WALE), came down from Q3 2020 to Q4 2020 and stabilized in Q1 2021. A WALE that is going up or maintaining gives us indication
DollarsAndSense.sg
Irving Soh
2021-05-17 16:31:11
Is Now A Good or Bad Time To Buy Hospitality and Office REITs?
With Singapore reverting to a “Phase 2 (Heightened Alert)” to curb the spread of COVID-19, the office and hospitality REITs look to be some of the biggest losers in the stock market. As of this article’s writing, the largest office REITs in Singapore have all traded down relatively sharply when the latest announcement was made on 14 May 2021. Local investors must now be wondering if this is a good time to buy a larger chunk of Singapore Office REITs or whether deeper price cuts will occur going forward. Read Also: 4 Stocks Affected By Phase 2 (Heightened Alert): Sheng Siong (OV8); UG HealthCare (8K7); SIA (C6L); CapitaLand Integrated Commercial Trust (C38U) The logic of asking this question is straightforward. Investors typically aim to buy at a good value (for the right companies) w
DollarsAndSense.sg
Dinesh Dayani
2021-05-05 12:17:15
REITs Report Card 2021: How Singapore REITs Performed In 1st Quarter 2021
With access to properties and relatively good yields, Singapore investors enjoy investing in REITs. Given that the low-interest-rate environment is here to stay, REITs continue to be able to refinance their debt at attractive levels. The one thing REIT investors need to be watchful about is how COVID-19 will change the way we live, work and play – as these will affect the various property types differently and also in different geographic regions. Even one year after COVID-19 was first reported, hospitality REITs continue to be impacted. Meanwhile, logistics, data centre and healthcare REITs are more relevant than ever. Read Also: [2020 Edition] Complete Guide To Start Your REITs Investing Journey In Singapore How Singapore REITs Performed In 1st Quarter 2021 To get a broad overview of h
A Path to Forever Financial Freedom (3Fs)
B
2021-04-13 14:10:10
Apr 2021 - Portfolio & Transaction Updates
No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Manulife REIT 100,000 US$0.74      98,300.00 26.0% Dividend 2. Alibaba        300 US$245      97,000.00 25.0% Growth 3. Lendlease REIT   85,000 S$0.80      68,000.00 18.0% Dividend 4. Starhill REIT   90,000 S$0.55      49,500.00 13.0% Dividend 5. AMD        100 US$79.1      10,500.00 3.0%
My Stocks Investing Journey
Marubozu
2021-04-05 21:04:02
Singapore REIT Monthly Update (Apr 05 – 2021)
Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 826.65 to 859.68 (+3.99%) compared to last month update. Currently the Singapore REIT index is still trading with a range between 816 and 874. As for now, Short term direction: Sideway. Immediate Support at 816, followed by 775. Immediate Resistance at 874. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Mar 4, 2021. Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 Singapore REITs with colour coding of the Distribution Yield, Gearing Ratio and Price to NAV Ratio. Note 1: The Financial Ratio are based on past data and there are lagging indicators. Note 2: This REI
Just my thoughts on investing
Oldman
2021-03-21 14:08:45
Q1 2021 Portfolio Updates
 Market continued its uptrend from 2020, and with the Covid-19 situation stabilising, the old economy counters have started to recover as well. Overall, the local market had moved up along with the rest of the global indexes. As such, some of the sectors are not as cheap as they were during the massive correction last year.TransactionsWith the recent run up, I took profit on the following counters.KimlyDBSOCBC (Partial)ExxonSTI ETF (Partial)Some of the counters were mentioned in this post. For DBS, using 5 years average dividend of $1.09, at $25 it is fairly valued. Of course it can go higher but I am happy with my profit.The reason that I took profit is they have given me decent returns, most up to 5 years worth of dividend that I would have collected. With the sale, I can use it to
Investment Income For Life
Blade Knight
2021-03-19 16:18:42
Ascendas REIT Acquisition of 11 European Data Centres- Disappointing Distribution Yield
I am deeply troubled by the recent announcement (released on 18 March 2021) by Ascendas REIT with regard to the acquisition of 11 European data centres at a cost of S$960Mil. Make no mistake, the venture into acquiring more data centres here is definitely good news for Ascendas REIT and also something that I have always been looking forward. For clarity here, I am referring to the non-user friendly disclosure by both Ascendas REIT as well as SGX which leaves me feeling extremely frustrated as an investor.1. Confusing financials and distribution yieldBeing an investor, the confusing part sets in when I try to do a quick forecast of the new distribution yield. The SGX dividend page for REITs is a real nightmare because it only depicts dividends and does  not account for capital distribu
Investment Income For Life
Blade Knight
2021-03-18 22:49:00
Equity Portfolio Updates (15 Mar 21)
1. Write off remaining estimated residual value for Eagle Hospitality Trust ("EHT")- S$20KI have done a full write off of S$20K of my remaining investment in EHT. Latest update from DBS Trustee is selling off of most of the hotel properties (15 out of 18 properties) via a "stalking horse" bid. The stalking horse bid is a technique use to reserve a minimum floor price during upcoming auction.  The opening bid is way below even the recent market valuation and stapled securities owners will not get anything back after paying off bankers and creditors at such a low price. Good news is that the 3 remaining hotels do not need to be sold off immediately under duress pricing as apparently, they can still be operational and not under chapter 11. Clearly, the only viable option was to appo
A Path to Forever Financial Freedom (3Fs)
B
2021-03-14 20:05:52
Mar 2021 - Portfolio & Transaction Updates
No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % Category 1. Manulife Reit 100,000 US$0.70      93,000.00 26.0% Dividend 2. Lendlease Reit   85,000 S$0.79      67,150.00 19.0% Dividend 3. Starhill Reit   90,000 S$0.53      47,700.00 14.0% Dividend 4. Ascendas Reit   12,000 S$2.91      34,920.00 9.0% Dividend 5. Prime US Reit   30,100 US$0.80      32,000.00 9.0% Dividend 6. ISHAR
Investment Income For Life
Blade Knight
2021-02-27 15:29:27
Resilience In The Face Of Adversity- Prime US REIT Delivered Another Set Of Stellar Results That Beat IPO Forecast
Prime US REIT IPO ("PREIT") debuted on SGX on 19 July 2019 at a price of USD0.88 per unit. PREIT is sponsored by KBS Asia Partners which is one of the largest US commercial real estate managers with USD 28.3 billion under their direct investment and management belt. At one point in time, its market price even hit USD 1.050 per unit in the early part of 2020. Unfortunately, we all know what happened next. The March'20 stock market crash came along due to COVID lockdowns almost everywhere. PREIT share price struggled to break the USD0.80 per unit resistance level until recently. This was surprising given that its earnings has remained resilient during the COVID pandemic due to its excellent property Grade A portfolio, long WALE and good quality tenants. 1. Evaluation of Operations and F





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