ON average, S-Reits have maintained an average gearing ratio of 36.8 per cent, based on latest company filings which were extracted in mid-August 2022. The 5 S-Reits with the lowest gearing ratios reported are Digital Core Reit, Sasseur Reit, Frasers Logistics & Commercial Trust, SPH...

DBS Group Research analysts Yeo Kee Yan and Janice Chua are anticipating more “sideways gyrations” for the benchmark Straits Times Index (STI) as the Fed continues to be bent on arresting inflation by raising rates, even if it comes at the expense of sub-par growth.To the analysts, the better-th...

Higher inflationary pressures and interest rates have been the key bugbears for Singapore REITs (S-REITs) in the first half of the year. DBS Group Research analysts see brighter days ahead as S-REIT managers have taken steps to mitigate these pressures.“With real estate fundamentals for most secto...

Sasseur REIT Price target: Maybank Securities ‘buy’ $1.08 CGS-CIMB Research ‘add’ $1.06 DBS Group Research ‘buy’ $1.10 Easing China headwinds, strength in EMA structure Analysts remain confident in Sasseur REIT following its recent 1HFY2022 ended June results announcement, which saw dis...

Analysts are positive on Sasseur REIT following its recent 1HFY2022 ended June results announcement, which saw distribution per unit (DPU) grow by 1.1% y-o-y to 3.410 cents from 3.373 cents a year ago. This is the REIT’s highest 1H period DPU in four years.While 2QFY2022’s DPU was 1.6% lower y-o...

OUTLET mall-focused Sasseur Reit on Friday (Aug 12) posted a 1.6 per cent fall in distribution per unit (DPU) to 1.588 Singapore cents in Q2 ended June, as Covid-19 lockdowns in China hit retail sales.

The manager of Sasseur REIT has reported a distribution per unit (DPU) of 1.588 cents for the 2QFY2022 ended June, 1.6% lower y-o-y.This brings the REIT’s 1HFY2022 DPU to 3.410 cents, up by 1.1% y-o-y and the highest first half DPU in four years.The lower 2QFY2022 DPU was due to the 6.5% y-o-y dec...

Among the S-REITs and property trusts with Chinese assets, CapitaLand China Trust (CLCT) stands apart. Besides being the largest among this group, it is sponsored by a Singaporean company and is also the only REIT with a sound capital management strategy.Sound assets, a diversified portfolio with di...

Among the S-REITs and property trusts with Chinese assets, CapitaLand China Trust (CLCT) is - apart from being the largest among them, and sponsored by a Singaporean company - the only REIT with a sound capital management strategy.Sound assets, a diversified portfolio with diversified tenants and go...

DBS Group Research analysts see entry opportunities into Singapore REITs amid a period of “heightened fear”, while data centre S-REITs are worth a shot.That said, investors have turned more defensive amid recession fears, while the momentum for acquisitions are likely derailed, say the analysts,...

REITs’ unit prices are affected by a myriad of factors. For investors and market watchers who wonder why REITs’ price to net asset value ratios (P/NAV) vary between more than 2x for ParkwayLife REIT (PLife REIT) to 0.53x for Lippo Mall Indonesia REIT (LMIRT) and BHG Retail REIT, look no further ...

On May 23, unitholders of Mapletree Commercial Trust (MCT) voted overwhelmingly in an extraordinary resolution to change its fee structure to that of Mapletree North Asia Commercial Trust (MNACT), which MCT is acquiring. MCT’s current fee structure constitutes a base fee of 0.25% per annum of the ...

CGS-CIMB Research is reiterating its “buy” recommendation on Sasseur REIT with a target price of $1.06.This comes on the back of the REIT announced its latest 1QFY2022 ended March business update, which saw distribution per unit (DPU) come in 3.58% higher y-o-y at 1.822 cents. This growth includ...

CGS-CIMB Research analyst Lock Mun Yee has kept an “add” rating on Sasseur REIT with an unchanged target price of $1.06.Sasseur REIT reported a 1QFY2022 ended March distribution per unit (DPU) of 1.822 cents up 3.6% y-o-y at 24.6% of Lock’s FY2022 forecast, reflecting a payout ratio of 90%.The...

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, is finding itself caught in a rising interest rate environment as it carries out a refinancing exercise for its quickly maturing loans.