While ESG requirements are slowly legislated into countries around the world including Singapore, we take a look at how they could impact REITs financially. In this 2nd part of a 2-part series (Read Part 1 here), we interview Elite Commercial REIT on the aspect of ESG, ESG requirements in its area of operations (United Kingdom), how Elite Commercial REIT intends to meet these requirements and the financial impact ESG requirements may cause to their operations.   ESG Requirements in the United Kingdom Kenny: In some countries, there are laws stating that buildings that are let to government agencies must meet certain environmental and sustainability standards. Are there any such requirements in the United Kingdom? Shaldine: Yes, there are. In the UK, there is an EPC (Ener

When we talk about industries that are recession-proof, few would guess logistics. During the 2020 pandemic-induced recession, the growth of e-commerce spurred strong demand for logistics space by third-party logistics (3PL) service providers. The demand for logistics space in Japan, which has the fourth-largest ecommerce market, is expected to grow further in the coming years as consumers embrace online shopping. Furthermore, similar growth is expected in other Southeast Asian countries, where ecommerce is in its nascent stage. Investors looking to have exposure to this growing sector can consider the Daiwa House Logistics Trust (“DHLT”). DHLT (SGX: DHLU) was listed on SGX’s mainboard on 26 November 2021. Though it is an Asia-focused logistics REIT, its current portfolio consists of

  Summary of Daiwa House Logistics Trust Overview DHLT is a Singapore real estate investment trust (“REIT”) established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. DHLT’s key objectives are to provide Unitholders with regular and stable distributions, and to achieve long-term growth in DPU and net asset value (“NAV”) per Unit, while maintaining an optimal capital structure and strengthening the portfolio in scale and quality.   Fundamental and Financial Ratios Type = Logistics and Industrial Properties in Japan Sponsor = Daiwa House Industry Co., Ltd. (TYO:1925) REIT Manager: Daiwa House Asset Management Asia Pte. Ltd Total Units Offered = 244,438,000 Portf

On 3 November 2021, Manulife US REIT (“MUST”) [SGX:BTOU] released its operational updates for the third quarter ended 30 September 2021. I have been invited for a call with the management team for updates on MUST’s 3Q 2021 operations as well as on the U.S. office landscape. I would like to thank Manulife US REIT for this opportunity.   Q&A Section In this section I’ll be touching on selected questions regarding MUST’s operations, and their outlook moving forward. Q: Just wondering, what is your outlook on acquisitions, will you be able to complete an acquisition this year or maybe by next year? A: We’ve looked through 46 properties this year, and we are definitely getting closer to finding properties that we would be interested in acquiring. Q:

In recent years, ESG (Environmental, Social and Governance) Investing has come into the forefront. As investors become more aware of the impact business have on climate change, so will their view towards businesses with more sustainable practices. Several Singaporean corporations have already been recognised for their sustainability efforts, including Capitaland Limited and Cromwell European REIT.     MUST Go Green 2021 Manulife US Real Estate Investment Trust (“MUST”) launched its week-long thought leadership initiative on October 5, 2021 to raise understanding of ESG and how mandatory climate-related disclosures for Singapore financial institutions and asset managers from 2022 will impact REITs and investors. The event, titled MUST Go Green 2021, a thought leader