Analysing Cache Logistics Trust is not easy. And it is not because of its business scale. In fact, with only 27 properties, Cache Logistics Trust is the smallest player among Ascendas REIT and Mapletree Logistics Trust. The difficulty in understanding Cache Logistics Trust is because the past two years had been such a whirlwind for this S-REIT that one wonders how on earth this S-REIT managed to stay the course till now. When debt-laden HNA Group acquired the previous Sponsor of Cache Logistics Trust (CWT Limited) in 2017, it was a sign of things to come. In 2018, CWT sold off all its stake in Cache Logistics Trust to the manager, ARA. Currently, ARA is the largest shareholder of this S-REIT, with stake amounting to 9.6%. With a market capitalization of merely $783 million, Cache Logistic

Crisis? What crisis? Mapletree Logistics Trust (MLT) rubbished all talks of market downturn as its unit price went on a rampant to smash a record high in July 2019. What a magnificent run! Christmas certainly come early for MLT as it went on a billion dollar shopping spree. Not that investors are complaining of course as the unit price rocketed to a stunning high of $1.65 on 5 July 2019. Subsequently, the unit price was brought down to earth to the current level of $1.60. Those who had bought MLT during its IPO in 2005 would have no regrets. Its public offer of 357.4 million units at $0.68 per unit was 43.88 times over-subscribed, reflecting the strong demand for the REIT. Over the years, the management had delivered the goods as the unit price of Mapletree Logistics Trust climbed steadily

Since I bought Frasers Logistics and Industrial Trust (SGX: BUOU) last year at an average price of S$1.05, its units have climbed around 15%. Despite the run-up in price, I still believe it remains an attractive investment. With that in mind, here are three reasons why I intend to hold on to this industrial-focused real estate investment trust (REIT) for now. Favourable leases Frasers Logistics and Industrial Trust, which is backed by property giant Frasers Property Ltd (SGX: TQ5), boasts a solid portfolio of properties with favourable leases. As of 30 June 2019, it had 59 Australian properties and 22 European properties.  The properties in Australia have a weighted average lease expiry of six years and negotiated annual rental increment of 3.1%. 92% of its European properties a

In the first eight months of 2019, Singapore’s benchmark Straits Times Index (STI), comprising the 30 largest and most liquid stocks listed in Singapore, delivered a total return of 4.8%. During this period, Singapore’s 30 most actively traded stocks in the first eight months delivered a total return of 11.5%, or more than double the STI. The top 30 most actively traded stocks comprised 24 stocks from the STI, and six additional stocks: Mapletree Logistics Trust (MLT) Suntec REIT Mapletree Commercial Trust (MCT) Mapletree North Asia Commercial Trust (MNACT) AEM Holdings Mapletree Industrial Trust (MINT) The six STI stocks that were not part of the top 30 most actively traded stocks, included: UOL Group SATS Sembcorp Industries Golden Agri-Resources Dairy Farm International Holdings

Hutchison Port Holdings Trust (SGX: NS8U) will be booted out of the Straits Times Index (SGX: ^STI), Singapore’s stock market bellwether. Instead, Mapletree Commercial Trust (SGX: N2IU), owner of Singapore’s largest shopping mall VivoCity, will take its place. The changes will be applied after the market close on Friday, 20 September 2019 and will be effective come Monday, 23 September 2019. The index’s co-creators – Singapore Press Holdings Limited, Singapore Exchange Limited, and FTSE Russell – made the announcement yesterday after the stock market closed. The shuffling is part of the September quarterly review of the Straits Times Index (STI). Differing fortunes   Hutchison Port Holdings Trust has not been performing well financially over the pa

While most investors invest in REITs to obtain a steady stream of dividend income, the fact is that REITs also grow over time, either through organic means (through asset enhancement initiatives or renovations) or through mergers and acquisitions. Acquisitions are a favoured method because it will instantly provide a boost to both asset size (and value) and usually also comes with an increase in distribution per unit (DPU). Investors need to be discerning though – not all acquisitions are beneficial for the REIT. Some assets may be sub-par, and even for quality assets, REITs may also end up over-paying for them, resulting in value destruction for existing unitholders. Investors should carefully size up the facts and figures relating to each acquisition to assess if it boosts the ove

With the REITs’ reporting season just over, investors who are searching for a strong REIT to invest in may be drawn to the stable of industrial REITs listed on the local stock exchange. Industrial REITs may make great investments if their portfolios consist of quality, well-located assets with long land tenure. Consistently strong demand for industrial space should prop up rental rates and ensure positive rental reversion over time, leading to higher distribution per unit (DPU) for investors. I decided to look at which industrial REIT offers the best investment prospects, choosing from five REITs that are well-known in the industrial space and have good historical track records. They are ESR-REIT (SGX: J91U), Mapletree Logistics Trust (SGX: M44U), Mapletree Industrial Trust (SGX: ME

As one of the most popular investments in Singapore, we keep a close eye on the performance of S-REITs. After the corporate earnings announcements each quarter, we compile a comprehensive summary on our REITs Report Card column. How Singapore REITs Share Prices Have Fared In 2019, So Far Before we look at how individual REIT prices have moved, let’s look at the broad S-REIT indices in Singapore. There are two main indices – the iEdge S-REIT Index and the iEdge S-REIT 20 Index. The iEdge S-REIT Index comprises all the REITs listed in Singapore, while the iEdge S-REIT 20 Index, as its name suggests, only comprise the 20 largest and more tradeable REITs on the iEdge S-REIT Index. Read Also: Complete Guide To Investing In Singapore REITs The chart below depicts the iEdge S-REIT Index fluc

Mapletree Logistics Trust (SGX: M44U) is a real estate investment trust (REIT) that owns 137 logistics properties around Asia and Australia. There are three good reasons for investors to like the REIT now. A solid track record One of the very first things to like about MLT is its solid historical financial performance. Over the last five years, MLT has grown its gross revenue from S$330.1 million in FY14/15 to S$454.3 million in FY18/19. Similarly, its distributable income grew from S$184.9 million to S$270.0 million during the period. Consequently, distribution per unit (DPU) grew from 7.500 Singapore cents in FY14/15 to 7.941 Singapore cents in FY18/19. Such numbers should be appealing to investors looking for investments with sustainable income, but can MLT sustain its historical

Mapletree Logistics Trust (SGX: M44U) and Cache Logistics Trust (SGX: K2LU) are both real estate investment trusts (REITs) in Singapore’s stock market that focus on logistics properties. But over the past five years, the two REITs have given their investors very different experiences. In that time, Mapletree Logistics Trust’s shares have produced a dividend-adjusted return of 80% and significantly outperformed Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), which climbed by 12% after including gains from dividends. Meanwhile, Cache Logistics Trust’s shares have delivered a 5% loss. Will Mapletree Logistics Trust continue to be the better investment compared to Cache Logistics Trust for the next five years? Let’s take a look. Busine

Right now, Cache Logistics Trust’s (SGX: K2LU) share price of S$0.73 gives it a high dividend yield of 8.0%, based on its trailing dividend of 5.811 Singapore cents per share. In fact, Cache Logistics Trust has one of the highest yields among the real estate investment trusts (REITs) in Singapore’s stock market. (Technically, a REIT has a unit price, not a share price, and it doles out a distribution, not a dividend – but let’s not split hairs here!) But any investor who’s attracted to Cache Logistics Trust for its high dividend yield should be aware of the risks involved. Here are three reasons why I think the REIT’s dividend will likely fall in the future. Business background Cache Logistics Trust is managed by ARA Asset Management, a company that was

Investors choose to invest in real estate investment trusts (REITs) mainly for income, as REITs are investment vehicles that own income-generating properties. These properties provide steady, consistent and recurring rental income for the REIT, and regulations stipulate that 90% of a REIT’s earnings have to be paid out as distributions to unitholders. While the stability of a REIT’s distribution is a key attraction for investors, an added bonus will be REITs that are able to deliver consistent increases in their distribution per unit (DPU) over the long-term. Such REITs engage in a variety of methods to grow both their asset bases and their DPU. Such methods include organic growth initiatives such as asset enhancement initiatives and positive rental reversions, as well as acqu

Mapletree Logistics Trust (SGX: M44U) has a large and well-diversified portfolio of logistics assets in various countries. Here are three reasons why I like this REIT.

Mapletree Logistics Trust (MLT) is Singapore’s first Asia Pacific-focused logistics real estate investment trust with a portfolio of 141 properties in Singapore, Hong Kong, Japan, China, Australia, South Korea, Malaysia and Vietnam. As of 31 March 2019, MLT’s portfolio was valued at S$8.0 billion. To me, warehouses used to be a regular commodity. However, the rise of e-commerce has given certain logistic properties a competitive advantage over others – especially those in prime locations near logistic hubs that can expedite same-day delivery to customers. Over the past two decades, Hong Kong has seen a migration of warehouses towards the northwest New Territories, from Hong Kong Island and Kwun Tong to the Kwai Tsing/Tsuen Wan district which are close to cargo terminals and

The re-escalating US-China trade war spate has emphasized the importance for manufacturing operations to diversify out of China. One of the prime destinations to achieve such economic sense is Vietnam. Its economy is already strategically plugged into the regional manufacturing supply chain and offers a close substitute to China as a key component of the supply chain. Furthermore, with Vietnam’s trade surplus against the US, US is also keen to entertain more trade with Vietnam. Here are six Singapore stocks that offers investors exposure to the Vietnamese market. Investors Takeaway: 6 SG Stocks To Ride On Vietnam’s Growth Potential ThaiBev ThaiBev is one of the best proxies for exposure to Vietnam’s enormous growth potential. ThaiBev derives around 25 percent of its sales from

Listed in 2005, Mapletree Logistics Trust (MLT) owns a diverse portfolio of income-producing logistics properties located across Singapore, Japan, China, Korea, Australia, Malaysia, and Vietnam. As of 24 July 2019, MLT is worth S$5.8 billion in market capitalisation, making it one of the largest logistics REITs in Singapore. In this article, I’ll cover its recent developments, latest annual results, and stock valuation. Here are 12 things to know about MLT before you invest: 1. As of 31 March 2019, MLT’s portfolio comprised 141 properties worth S$8.0 billion, up from 124 properties worth S$6.5 billion the year before. This rise in portfolio value is attributable to the following acquisitions: FY2019 AcquisitionsAcquisition DatePurchase Price (S$ million) 50% stake

Mapletree Logistics Trust (SGX: M44U) has delivered a higher distribution to unitholders for the latest financial quarter.

Mapletree Logistics Trust (SGX: M44U) recently had its Annual General Meeting. Here's what I took away from it on five countries they operate in around the region.

Current Price on 15th June 2019 = $1.58Yield = 5.12%  Price-to-book Ratio = 1.35Assets per unit = $2.23Debt per unit = $1.06 (including current liabilities and perpetual securities)Gearing = 47.5%Secured NAV = $1.17 (74% of trading price)One of my friends messaged me saying that he has bought into Mapletree Logistics Trust and it prompts me to just take a look at it. MLT's share price shot up by a lot recently from $1.23 at the start of the year to its current price at $1.58. I took time to look at the statistics of this REIT.Their yield is now at 5.12% which is quite low, probably the lowest among the industrial REITs. Their price-to-book ratio also seems to be very high at 1.35 which means we are buying at a premium of 35%. Their gearing is also quite high considering perpetual

I'm not really in a mood to blog this week so I'll just keep today's article short and sweet just to update everyone on my attempts to hire a domestic helper without a notice of assessment.a) Wild Goose chase to find out whether my dad already has a fixed deposit account.The week began with with me finding a fixed deposit statement with my dad's name on this made in 2016 when we hired our previous maid, there would have been a possibility that we already have a fixed deposit account to get our next helper.So I went to the bank with my mum to make enquiries about my dad's account. Unfortunately, banks have to comply with secrecy laws and even with my mum's marriage certificate, the bank cannot even let us know whether the account would exist. I ended up rushing to the hospital to get my dad