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

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

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

Despite 2020 being a challenging year due to the COVID-19 global pandemic, it has not prevented some companies from pursuing an initial public offering (IPO) on the SGX. Earlier this week, Nanofilm became the biggest IPO on the Singapore Exchange (SGX) in 2020 when it raised about $510 million. This puts the company’s market capitalisation at $1.7 billion based on its IPO price of $2.59. It also created a new billionaire in Singapore – Dr Shi Xu, formerly an associate professor at NTU. In this week’s edition of 4 Stocks This Week, we look at the four biggest IPOs in 2020 on the SGX and find out how these stocks have performed since being listed. Nanofilm (SGX: MZH) The latest listing on the SGX, Nanofilm is a manufacturing technology company founded in 1999 by then NTU professor Dr S

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

Elite Commercial Trust seems to have filed for IPO during a time of poor market sentiment over the increasing number of Wuhan pneumonia cases that seems to be spreading across China as well as other Asian countries. But I think it will perform well for the IPO as the public offer tranche is only a mere £3.3 Million or 3% of the total IPO offering as reported by the The Business Times. The bulk of the offering will go on to international investor outside the US of £63.2 Million to £74.3 Million. A third tranche of £52.9Mil (44.3%) of the offering is already committed to cornerstone investors- Bank of Singapore, CIMB Bank Berhad Singapore Branch and UBS AG Singapore Branch on behalf of their private banking clients.The sponsors are Elite Partners Holdings Pte Ltd (Fund Management Group),