SGX Listed REIT

ESR-REIT (SGX:J91U)


ESR-REIT (SGX:J91U) @ SGinvestors.io
SGD 0.385
-0.005 / -1.28%
Share Price as of: 2021-05-18 16:09
Market / ISIN Code: SGX Mainboard / SG1T70931228
Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Industrial REITs


ESR-REIT Blogger ArticlesESR-REIT Blogger Articles SGX Listed ESR-REIT (SGX:J91U) Blogger Articles J91U.SI Blogger Articles
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
My Stocks Investing Journey
Marubozu
2021-05-04 21:53:26
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
Investment Income For Life
Blade Knight
2021-04-16 12:26:32
The Sabana REIT Showdown Between Sponsor And Unit-Holders
I used to be a unit-holder of Sabana REIT back in 2011. I recalled its unit price dropped after IPO (@ S$1.05 per unit) and then I started accumulating units for investment. Anyway, I held onto Sabana REIT for a short time due to its high dividend yield after the decline in price post IPO. But once I observed that the previous management seems to be having trouble getting new tenants and a potential cut-back in dividends, I got extremely worried and exited towards the end of 2012. But if one has been holding on to Sabana REIT since IPO, the total returns if inclusive of dividends is actually just a loss of less than 10% albeit the unit price dropping by more than half- so still not too bad. Since the end of March'21, I have started taking up a small investment stake into Sabana REIT despit
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
Singvestor a Singaporean personal finance and investing blog
singvestor
2021-03-31 05:19:08
One year later: how did my trades made during the market bottom of March 2020 perform?
One year has passed since Covid escalated and markets hit rock bottom in March 2020.  How did my trades perform and what did I learn? In March 2020 I made 27 trades across 10 counters. Today I got inspired by fellow investing blogger My 15 Hour Work Week who revisited all his trades from the worst time of the Covid market turmoil last year. Following Mr. 15HWW’s example, here is what I did… March 4, 2020 Stocks are selling off, what a bargain! Bought: 100 shares of DBS for SGD 23.9 each for a total of SGD 2,390 Bought: 1,100 shares of SINGTEL for SGD 2.99 each for a total of SGD 3,289 March 10, 2020 Is this the begin of a major sell off? STI ETF below SGD 3, so cheap! Bought: 900 shares of STI ETF for SGD 2.85 each for a total of SGD 2,565 Financial Times cover for March 10 l
DollarsAndSense.sg
Dinesh Dayani
2021-02-14 20:25:03
S-REIT Report Card: Here’s How Singapore REITs Performed In 2020
2020 was a precarious year for property owners. Globally, travel has grinded to a halt, impacting hospitality properties. Even Retail, office and industrial properties have been affected to varying degrees, given the strict COVID-19 management measures. 2020 also feels like the harbinger of the new normal – accelerating trends to an extreme level. We already knew work-from-home was on the rise, online shopping growth was outpacing sales in brick-and-mortar stores, food delivery services were taking over F&B outlets and more. For REIT owners, distribution income was affected due to various countries implementing some form of cost sharing initiatives as shutdowns and “circuit breakers” we enforced. More than that, REIT investors also have to consider the longer term impacts of COVI
My Stocks Investing Journey
Marubozu
2021-01-24 22:50:11
Singapore REIT Fundamental Analysis Comparison Table Jan 24 – 2021
Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 854.19 to 877.59 (+2.74%) compared to last month update. Currently the Singapore REIT index has started an uptrend after broke the resistance of about 852 and 874. As for now, Short term direction: Up trend. (All 20D, 50D and 200D SMA have started trending up) Immediate Support at 874 (Resistance turned Support) Immediate Resistance at 900, followed by 940. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Dec 20, 2020. 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.
My Stocks Investing Journey
Marubozu
2021-01-04 19:21:40
Singapore REIT Fundamental Analysis Comparison Table Dec 20 – 2020
Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 828.26  to 854.19 (+3.13%) compared to last month update. Currently the REIT index is testing the resistance of about 852 of a sideway consolidation range. As for now, Short term direction: Sideway, until breakout of the resistance (starts up trend) or breakdown of the support (starts down trend). Immediate Support at 819 Immediate Resistance at 852, followed by 874. Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Nov 22, 2020. Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 REITs in Singapore with colour coding of the Distribution Yield, Gearing Ratio and Pric
SIAS
sias
2020-12-06 18:58:10
Vaccine hopes and Wall St’s record highs continue to provide support
The STI fell 16 points or 0.56% to 2,839.89; Main support came from vaccine news and US all-time highs; Moderna’s vaccine could be in Singapore this month; Credit Bureau Asia was latest mainboard IPO; SGX RegCo issued Trade with Caution on ISOTeam’s shares; LMIRT’s shareholders grill managers on Indon mall purchase; Sabana-ESR Reit merger scuppered A soft week after a sterling November The Straits Times Index in November gained 382 points or almost 16%, so it should come as no surprise that for the first week of December, it fell 16 points or 0.56% to 2,839.89. Despite this fall however, the underlying sentiment remained firm, helped mainly by positive developments on the vaccine front that have given rise to hopes that economies will soon reopen after being closed for most of thi
My Stocks Investing Journey
Marubozu
2020-12-03 10:56:53
Singapore REIT Fundamental Analysis Comparison Table Nov 22 – 2020
Technical Analysis of FTSE ST REIT Index (FSTAS8670) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 822.03 to 828.26 (+0.76%) compared to last month update. Currently the REIT index is currently back in trading on sideway consolidation, after recovered from a sudden sell off last few weeks. As for now, Short term direction: Sideway, until breakout of the resistance (starts up trend) or breakdown of the support (starts down trend). Immediate Support at 819 Immediate Resistance at 852, followed by 874.   Previous chart on FTSE ST REIT index can be found in the last post Singapore REIT Fundamental Comparison Table on Oct 24, 2020.   Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 REITs in Singapor
SIAS
sias
2020-11-30 08:54:22
Commentary: Sabana-ESR-Reit merger: Minority unitholders should make voices heard
First published in Business Times on 30 November 2020 It is not often that minority shareholders get the chance to determine the outcome of a significant corporate deal, but the proposed merger between Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and ESR-Reit is one such instance since substantial shareholders, both managers and concert parties will abstain from voting. It is crucial to note that although Sabana Reit’s and ESR-Reit’s extraordinary general meetings will be held on Dec 4, these are online meetings. This means that voting will be by proxy, which in turn means that the relevant forms have to be submitted by 10am on Dec 1. A key point of contention has been the scheme consideration, which implies a discount to Sabana ReitR
SIAS
sias
2020-11-28 09:50:18
Virus hopes, Biden transition and Wall Street’s new highs helps lift sentiment
The STI continued its recent rise, gaining 1.5% at 2,855.82; Record highs on Wall Street helped boost sentiment; US stocks’ rise came after signs of smooth transition to Biden govt; Top Glove’s shares slide after factory closures due to worker infections; Broadway Industrial in play on news of US$50m asset sale to Seksun; SIA issued $500m notes at 3.5% via private placement; Sabana-ESR Reit merger proxy advisers recommend voting in favour. STI’s recent recovery continued with 1.5% gain Notwithstanding the fact that Singapore’s October factory output fell an unexpected 0.9% year-on-year, the Straits Times Index still managed a 42-points or 1.5% rise over the week to 2,855.82. This rise came despite weakness over Wednesday to Friday. Helping support prices were continued hopes of
My Stocks Investing Journey
Marubozu
2020-10-03 13:05:23
Singapore REIT Fundamental Analysis Comparison Table Sep 21 – 2020
Technical Analysis of FTSE ST REIT Index (FSTAS8670) TSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased slightly from 835.40 to 854.51 (+2.28%) compared to last month update. REIT Index has rebounded c45% as of Sep 21 from the bottom on Mar 23, 2020. Currently the REIT index is currently trading on sideway consolidation, sandwiched between a very tight range between 817 support and 854 resistance. There is a Bollinger Band Squeeze with very tight range and low volatility on FTSE ST REIT Index. The index can start big move in either direction. There is a Golden Cross of 20D SMA above 200D SMA and the REIT index has moved above all the 3 moving averages. As for now, Short term direction: Sideway and up (if REIT index can stay above all the 3 moving av
REIT-TIREMENT
Vince
2020-08-07 00:11:19
ESR-REIT (Previously Cambridge Industrial Trust) Analysis @ 19 July 2020
Basic Profile & Key StatisticsESR-REIT is previously known as Cambridge Industrial Trust, renamed in June 2017 after ESR acquired a dominant stake in Cambridge Industrial Trust. Subsequently, ESR-REIT merged with Viva Industrial Trust in October 2018 and again announced another merger news with Sabana REIT this week. ESR-REIT adopted half-yearly reporting but maintain its quarterly distribution.Lease ProfileOccupany is slightly low at 91.1%.  Both WALE and weighted average land lease expiry are short at 3.4 years and 28.82 years respectively. The highest lease expiry of 23.4% fall in the year 2022, which is close to SREITs median level.Debt ProfileGearing is high at 41.8%. Cost of debt is high at 3.5% but all of its debts are unsecured debt. Fixed rate debt of 88.3% is high. Inter
REIT-TIREMENT
Vince
2020-07-05 23:21:04
Case Studies for SREITs with Capital Distribution from Disposal
In previous post, I did calculations for DPU downfall for SREITs with more than 5% income support in their distribution. For this post, we will look at another aspect in which SREITs use its capital distribution to boost their DPU. I will only focus on SREITs with more than 5% capital distribution from disposal in their distribution.Before we start, we will need to set the definition right. There are quite a numbers of SREITs that used the phrase "capital distribution" in their Distribution Statement and this misled a lot of people to think that such dividend is from their cash holding. In fact, most "capital distribution" are refer to distributable income from oversea properties. In tax perspective, income from oversea properties is considered as "capital distribution". Of course, distrib
REIT-TIREMENT
Vince
2020-06-06 15:34:27
Updated Shared SREITs Data Spreadsheet & SREITs Site Page
After previous post of Case Studies for SREITs with Capital Distribution from Disposal, I've plan to do some update on my shared SREITs Data spreadsheet and SREITs Sites. Afterall, I have never really review these both a long time. SREITs result date page is also updated with SPH REIT being the first to announce result on 1st Apr.Below are the updated items in SREITs Data:i) Distribution from DisposalAdded distribution from disposal column. As mentioned in previous post, some SREITs used this to boost its DPU. It is very easy to miss out this type of info in their financial statement.ii) 3rd SectorIn view of more and more merger between SREITs from different sector, I have added SREITs 3rd sector column. Notable merger between different sectors are:a) Capitaland Mall Tr
REIT-TIREMENT
Vince
2020-03-28 21:04:12
SREITs Basic Fundamental Review - 2020 Mar
Based on 4Q 2019 Result. Click to Enlarge* Ascendas India Trust and Dasin Retail Trust are Business Trusts.The above table is extracted from spreadsheet in SREITs Data page.Dividend Yield:YieldAverageMedianLowestHighestHealthcare8.10%8.10%4.34%11.86%Retail9.16%8.32%5.48%18.13%Office8.18%7.55%4.97%12.02%Hospitality17.49%11.35%9.4%42.71%Industrial8.37%7.66%3.54%13.4%Logistics9.52%10.43%5.07%12.14%* Based on REIT Major SectorFinancial Metrics:Financial MetricsUnitAverageMedianLowestHighestPrice/ NAVtime0.790.710.151.91Market Cap, BS$2.00B0.96B0.17B10.04BProperty Yield (Annualized)%5.895.843.399.30Distribution on Management Feestime8.378.343.9719.02Distribution on Capital (Annualized)%4.114.091.605.64Distribution Margin%52.3554.9821.1771.32* SREITs in Foreign Currencies converted to
REIT-TIREMENT
Vince
2020-03-22 14:32:27
SREITs that Adopted Half-Yearly Financial Reporting
SGX recently made amendments to Rule 705 of Listing Manual which were effective from 7 February 2020 in which companies can choose to adopt half-yearly financial reporting instead of quarterly financial reporting like previously. As of now around 50% of SREITs pay out dividend quarterly. If SREITs adopt this new half-yearly reporting, would their distribution frequency be revised to semi-annual too ?As of now, below is the list of SREITs that have announced their change: No. Name Reporting Remark 1 ARA US Hospitality Trust, USD Half-Yearly 2 Ascendas India Trust Half-Yearly 3 Ascendas REIT Half-Yearly 4 Ascott Residence Trust Half-Yearly 5 Cache Logistics Trust Half-Yearly 6 CapitaLand Commercial Trust Quarterly Remain 7 CapitaLand





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