Strange that while inflation this year is expected to be 5%, my boss only gave an increment of less than 1.5% to all staff despite making millions of profits in previous years. So this year is actually a net pay cut given the inflationary pressure on almost everything. For example, the price of food keep going up. My fishball noodle at food centre went up from S$3 to S$3.50 per bowl-my close friends told me S$3.50 is considered cheap these days and they are paying S$5.50 per bowl near their workplaces.  The "Great Resignation" at my workplace has also begun with my company's Human Resource department unable to retain a single staff who have resigned and HR is unable to find replacement at the old salary rate. My old buddy from University sent me the link that reads "KPMG S'pore i

Fast coming off the disposal of its locker storage facilities, United Hampshire US REIT ("UHREIT") wasted no time in its announcement on 9 June 2022 that it is acquiring Upland Square Shopping Center in Montgomery, Pennsylvania for US$85.7Mil. This DPU accretive deal will push up future annual distribution yield to 10.38% based on previous closing price of US$0.610 per unit.1.Key benefits of this deal are as follow:1.1  Additional diversification of tenants for UHREIT. Post acquisition, UHREIT top 10 tenants concentration will drop from 60.2% to 56.8%. It thus reduces tenant concentration risk and enhances income resilience.1.2 DPU ImprovementDPU is expected to improve by 2.13% post-acquisition. 6.23 cents will mean a distribution yield of 10.38% based on the previous closing pri

Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 853.56 to 820.69 (-3.85%) compared to last month’s update. FTSE REIT Index is currently trading within the 800-822 range. Support Lines: Blue Resistance Lines: Red Short-term direction: Sideways Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 800 Immediate Resistance at 822, followed by 890   Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on May 1st, 2022.   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. The Financial

Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 864.41 to 853.56 (-1.25%) compared to last month’s update. The Singapore REIT index reached a high of 873 on April 5th, before falling into the 850-862 range since April 7th, staying in that range ever since. Support Lines: Blue Resistance Lines: Red Short-term direction: Sideways Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 850, followed by 807. Immediate Resistance at 862, followed by 890   Previous chart on FTSE ST REIT index can be found in the last post: Singapore REIT Fundamental Comparison Table on April 3rd, 2022.   Fundamental Analysis of 40 Singapore REITs The following is the compilation of 40 Singapo

REITs Symposium is BACK! This year, it’s a MEGA-Hybrid event, which will take place at Suntec Exhibition Hall on 21 May and broadcasted LIVE simultaneously to online viewers! Do express your interest if you want to participate on-site, spaces are limited!   14 REITs will be sending their top management to speak at this event, including SG’s biggest REIT: Capitaland Integrated Commercial Trust, Ascendas REIT and many more! There will also be a panel discussion touching on the themes of sustainability, globalization, re-opening and ESG! Although listed in Singapore, over 80% of S-REITs and property trusts (by both number and market capitalization) own properties outside Singapore across the world, including Asia Pacific, South Asia, Europe and USA. Out of all the S-REITs liste

This article contains affiliate links. DollarsAndSense may receive a share of the revenue from your sign-ups that goes towards keeping the site sustainable. You can read our editorial policy for more information. Real Estate Investment Trusts (REITs) is a popular type of investment in Singapore. In fact, it is so popular that Singapore has grown to become the largest REIT market in Asia ex-Japan with a market capitalisation of $108 billion comprising 42 REITs and Property Trusts. While there are many REITs with both local and overseas property portfolio, many REITs with purely overseas properties have also chosen to list on the Singapore Exchange (SGX). Investors in Singapore are mainly drawn to REIT investments for two reasons. #1 REITs Are Essentially Property Investments. Singapore

Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 827.88 to 864.41 (4.41%) compared to the last month update. The Singapore REIT index rebounded off from the support level at 807 3 times, broke the 836 resistance turned support level and is now trading between the 836-890 range. Support Lines: Blue Resistance Lines: Red Short-term direction: Upwards Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 836, followed by 807. Immediate Resistance at 890. The REIT Index traded between 807 and 836 for much of March, before breaking the 836 resistance on March 17. It has entered a short-term uptrend since then, reaching 864.41 as of now. Previous chart on FTSE ST REIT index can be f

With the invasion of Ukraine by Russia, United Hampshire US REIT ("UH REIT") was not spared the carnage on world-wide stock markets with the already low trading price being further hammered till US$0.61 per unit as at 25 February 2022 (Friday) closing despite the relatively good results just being announced. Given the total DPU for the full FY2021 is US$0.061, this means an extremely attractive distribution yield of exactly +10.0% per annum, not withstanding the fact that the latest acquired properties contribution only came into effect on 14th October 2021. This also means that for FY2022, UH REIT stands to enjoy another upside of 9.5 months of additional rental contribution coming from Penrose Plaza Philadelphia and Colonial Square Shopping Centre Virginia. I will also attempt to el

The net assets value went down overall due to the invasion of Ukraine by Russia. Oil prices soared to USD129 per barrel on fear that the United States and its European allies will be banning imports of Russian oil. As energy prices went out of control, this will impact all aspects of products and services hence stock markets continued to react adversely to the ongoing Russo-Ukrainian war. 1. Portfolio 1- Stocks held in SGX Central DepositoryI have sold off my units in Mapletree NAC Trust and bought additional units in United Hampshire US REIT and Lendlease REIT from the sales proceeds.Lendlease REIT has just announced the remaining acquisition of JEM shopping mall. I am rather intrigued by this additional acquisition of a suburban shopping mall along with its office property signed on

Technical Analysis of FTSE ST REIT Index (FSTAS351020) FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreased from 816.11 to 827.88 (1.44%) compared to the last month update. The Singapore REIT index rebounded off 800 in January 2022 and has stayed within the 800-836 range. Short-term direction: Sideways Medium-term direction: Sideways Long-term direction: Sideways Immediate Support at 800, followed by 775. Immediate Resistance at 836. Following the correction from 800, the REIT Index went on a short-term uptrend until the Russian Invasion of Ukraine, when the REIT Index hit the support level of 807 on both February 24th and 28th. In the past 2 months, it has challenged the resistance of 836 a total of 3 times. It is now at 827.88.       Previous chart on FTSE ST REIT