Author: kktan

 

November 2017

With effect from 01 Jan 2017, REITDATA will incorporate both Filter and Sort features on the tables for Daily Yield Reporting for REIT, Shipping Trust and Other Trust. This allows reader to sort the table (Yield / Gearing sort may be useful) or filter to a particular company to look at its data.

NOTE : The Tables will be Automatically Updated Everyday at 20:00 hrs based on the Closing Share Price and Latest Exchange Rate from XE for Yield Computation. Note that the Date of this Post does not get updated automatically and may be showing an earlier date.

Results Announcement:

 

REITs :

 REIT  Period  Mkt  DPU cts  Yield  NAV  Gearing  Assets Type

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NOTES :

  • FE-HTrust : Above Yield is Computed using last 4Qs DPU : 4.14ct = 1.12ct (Dec16) + 1.12ct (Sep16) + 0.97ct (Jun17) + 0.93ct (Mar17)
  • A-HTrust : Above Yield is Computed Using latest 4Qs DPU = 5.7ct = 1.31ct (Q118) + 3.01ct (2H17) + 1.38ct (Q217) ; DPU Not Paid as Semi-Annual Payout Policy
  • OUE C-REIT : Above Yield is Computed using last 4Qs DPU : 5.09ct = 2.38ct (1H17) + 2.5ct (2H16) ; Advanced DPU = 1ct (1-Jan-17 to 16-Mar-17)
  • FLT : Advanced DPU = 1.75ct (1-Apr-17 to 5-Jul-17)
  • YTL StarHill : Above Yield is Computed using last 4Qs DPU : 4.92ct = 1.26ct (Dec16) + 1.30ct (Sep16) + 1. 18ct (Jun17) + 1.18ct (Mar17)
  • MGCCT : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield is Computed Using latest 4Qs DPU : 7.342ct = 1.851ct (Q117) + 3.731ct (2H17) + 1.76ct (Q216)
  • CDL H-Trust :Above Yield is Computed using last 4Qs DPU : 10.2ct = 4.1ct (1H17) + 5.55ct (2H16)
  • A-REIT : DPU Not Paid as Semi-Annual Payout Policy       ; Above Yield is Computed Using latest 4Qs DPU = 15.689ct = 4.049ct (Q118) + 3.993ct (Q317) + 3.852ct (Q417) + 3.795ct (Q217)
  • MCT : Above Yield is Computed using last 4Qs DPU : 8.82ct = 2.28ct (Dec16) + 2.05ct (Sep16) + 2.23ct (Jun17) + 2.26ct (Mar17)
  • FHT : DPU Not Paid as Semi-Annual Payout Policy
  • CRCT : Above Yield Uses Latest 4Qs DPU = 4.73ct (2H16) + 5.36ct (1H17) = 10.09ct
  • AIMSAMPReit : Above Yield is Computed using last 4Qs DPU : 10.08ct = 2.77ct (Dec16) + 2.75ct (Sep16) + 2.5ct (Jun17) + 2.78ct (Mar17)
  • Suntec : Above Yield is Computed Using latest 4Qs DPU = 10.049ct = 2.596ct (Q416) + 2.535ct (Q316) + 2.493ct (Q217) + 2.425ct (Q117)
  • VIT : Annualised DPU = 7.464ct
  • Sabana : Annualised DPU = 3.25ct
  • AscottREIT : Above Yield Uses Latest 4Qs DPU = 4.392ct (2H16) + 3.356ct (1H17) = 7.748ct
  • FCOT : Annualised DPU = 9.62ct
  • CLT : Annualised DPU = 7.22ct
  • CMT : Above Yield Uses Latest 4Qs DPU = 2.73ct (Mar17) + 2.88ct (Dec16) + 2.78ct (Sep16) + 2.75ct (Jun17) = 11.14ct
  • PLife : Above Yield is Computed Using Recurring DPU = 3.10ct ie Excl. 0.22ct Divestment Gain (2nd of 4 Tranches)
  • FCT : Above Yield is Computed using last 4Qs DPU : 11.745ct = 2.89ct (Dec16) + 2.815ct (Sep16) + 3.00ct (Jun17) + 3.040ct (Mar17) ; Jun16 DPU Incl. $2.1M Retained in Prior Qs
  • FirstREIT : Annualised DPU = 8.63ct
  • ESR REIT : Annualised DPU = 3.824ct
  • SPHREIT : Above Yield is Computed using last 4Qs DPU = 1.34ct (Nov16) + 1.41ct (Aug16) + 1.37ct (May17) + 1.40ct (Feb17) =5.52ct
  • IREIT Global : DPU 100% Hedged @ €1 : S$1.55 for FY17
  • MLT : Includes 0.06ct Divestment Gain for 8 Qs & 0.2ct for 4Qs from Sep-15 ie DPU = 1.79ct (Jun-16) if Excl Divestment Gains
  • EC World : IPO Prospectus : DPU FY16 = 3.34ct (1-Jun-16 to 31-Dec-16) ; FY17 5.94ct ; Gearing 28.9% ; NAV $0.88 ; Listing on 28-Jul-16 @ $0.81 2pm
  • Frasers Industrial & Logistics Trust : IPO Prospectus ; DPU : FY16 = 2.03ct (1-Jun-16 to 30-Sep-16) ; FY17 = 6.25ct ; Listing on 21-Jun-16 9AM @ $0.89 ; NAV Using Latest A$ Exchange Rate from XE
  • Manulife REIT : IPO Prospectus ; DPU : FY16 = US3.65ct (1-May-16 to 31-Dec-16) @ 1.3592 Exchange Rate; FY17 = US5.87ct @ 1.3658 ; Gearing = 36.8% ; NAV = US$0.79 ; Listing on 20-May-16 2pm @ US$0.83
  • BHG REIT : IPO Prospectus ; DPU : FY15 = 0.76ct (1-Nov-15 to 31-Dec-15) / 0.53ct if exclude sponsor waiver ; FY16 = 5.08ct / 3.56ct if exclude sponsor waiver ; Gearing = 33.5% ; NAV = $0.826 ; Listing on 11-Dec-15 2pm @ $0.80
  • OUE H-Trust : Rights Circular dated 15-Mar-16 ; 33-for-100 Rights Issue @ $0.54 (TERP = $0.7092 @ $0.765) ; Proforma FY15 DPU = 4.89cts <- 5.84ct ; NAV = $0.81 <- $0.90 ; Gearing = 37.8% <- 42%
  • IREIT Global : Rights Circular ; 45-for-100 Rights Issue @ $0.468 (TERP = $0.7004 @ $0.805) ; Proforma FY14 DPU = €1.53cts (Same as Actual) ; NAV = €0.48 -> €0.41 ; Gearing 31.8% -> 43.7%
  • Keppel DC REIT : IPO Prospectus ; DPU : FY15 = 6.36ct ; FY16 = 6.65ct ; Gearing = 27.8% ; NAV = $0.87 ; Listing on 11-Dec-14 2pm @ $0.88
  • IREIT Global : IPO Prospectus ; DPU : FY14 (1-Jul-14 to 31-Dec-14) = 3.33ct ; FY15 = 7.01ct ; FY16 = 7.01ct ; Gearing = 33.2% ; NAV = $0.78 ; Listing on 13-Aug-14 2pm @ $0.88

 

Shipping Trusts (non-REITs)

 Trust  Period  Mkt  DPU cts  Yield  NAV  Assets Type

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NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest US$ Exchange Rate from XE)
  • Rickmers : Delisted on 27-Jul-17 9am
  • FSL : 30-Jun-12 : Suspends Div Payout till 30-Jun-13 ; Restriction on DPU Payout Continues after 30-Jun-13

Other Trusts (non-REITs)

 Trust  Period  Mkt  DPU cts  Yield  NAV  Assets Type

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NOTES :

  • a-iTrust : DPU Not Paid as Semi-Annual Payout Policy
  • Accordia : Above Yield Computed Using DPU = 6.22ct = 3.59ct (2H17 – Mar17) + 0.73ct (Q217 – Sep16) + 2ct (Q118 – Jun17) ; DPU Not Paid as Semi-Annual Payout Policy
  • HPH Trust : DPU in HK$ ; Mkt Price in US$ ; Yield Computed Using Latest HK$ Exchange Rate fm XE) ; Yield Computed Using 1H (Jun17) = HK9.5ct + 2H (Dec16) = HK16.6ct
  • APTT : Above Yield uses DPU = 6.5ct ; FY17 Guidance = 6.5ct ie 1.625ct / Q
  • Daisin : IPO Prospectus : DPU FY17 = 6.8ct (3.07ct if Exclude Waiver) ; FY18 = 7.2ct (3.78ct if Exclude Waiver) ; NAV RMB4.918 ; Gearing 27.3% Listing on 20-Jan-17 2pm @ $0.80
  • Religare : FY17 DPU Payout Reduced to 95% from current 100% ; Special DPU = 24.8ct on 28-Oct-16 fm Disposal of 51% in FHTL
  • Indiabulls : Yield Computed Using 0ct (2H16) + 0.0638ct (1H16)
  • Indiabulls : 5-for-1 Shares Consolidation on 25-Aug-15
  • KIT : Previously Cityspring + Offer of Units-in-Specie for Previous KIT ; Started Trading on 18 May 15
  • Indiabulls : Maiden DPU on 1H (Sep12) Declared since Listing on 11-Jun-08

October 2017

Results Announcement

  • 9 Oct 17 : SPHREIT
  • 13 Oct 17 : SB REIT
  • 16 Oct 17 : Keppel DC
  • 16 Oct 17 : KIT
  • 17 Oct 17 : Keppel REIT
  • 17 Oct 17 : ESR
  • 19 Oct 17 : FCOT
  • 20 Oct 17 (AM) : CCT
  • 20 Oct 17 : MGCCT
  • 20 Oct 17 : CMT
  • 23 Oct 17 : CRCT
  • 23 Oct 17 : MLT
  • 23 Oct 17 : FirstREIT
  • 23 Oct 17 : Sabana
  • 24 Oct 17 (AM) : AscottREIT
  • 24 Oct 17 : CLT
  • 24 Oct 17 : MIT
  • 25 Oct 17 (AM) : FCT
  • 25 Oct 17 : MCT
  • 25 Oct 17 : a-iTrust
  • 26 Oct 17 (AM) : AIMSAMPReit
  • 27 Oct 17 (AM) : CDL H-Trust
  • 27 Oct 17 (AM) : VIT
  • 27 Oct 17 : FHT
  • 27 Oct 17 : Starhill
  • 27 Oct 17 : Suntec
  • 30 Oct 17 : A-REIT
  • 30 Oct 17 : HPH Trust
  • 1 Nov 17 : OUE H-Trust
  • 2 Nov 17 (AM) : FLT
  • 2 Nov 17 (AM) : FE-HTrust
  • 2 Nov 17 : LMIR
  • 2 Nov 17 : OUE C-REIT
  • 3 Nov 17 (AM) : Manulife
  • 6 Nov 17 : A-HTrust
  • 7 Nov 17 : BHG
  • 8 Nov 17 : EC World
  • 8 Nov 17 : FSL
  • 9 Nov 17 (AM) : PLife
  • 9 Nov 17 : IREIT Global
  • 9 Nov 17 : Netlink
  • 10 Nov 17 : Daisin
  • 13 Nov 17 (AM) : APTT
  • 13 Nov 17 : Accordia
  • 14 Nov 17 : RHT

 

REITs : Average Yield = 6.325%

REIT

Period

Mkt

DPU cts

Yield

NAV

Gearing

Assets Type

SoilbuildBizREIT

Q3 – Sep17

$0.660

1.3740

8.327%

$0.710

37.90%

Industrial (12) : Business Park 34% + Industrial 66% by NPI
Lippo Malls Tr

Q2 – Jun17

$0.435

0.9000

8.276%

$0.368

30.60%

Retail (Indonesia) – 21
EC World Reit

Q2 – Jun17

$0.780

1.5400

7.897%

$0.900

29.20%

Port, Warehouse & e-Commerce Infrastructure in China
Viva Ind Tr

Q3 – Sep17

$0.980

1.9000

7.692%

$0.788

39.60%

Industrial (9) : Biz Park (51.8%) + Light Industrial (21.1%) + Logistics (16.6%) + Hotel (10.5%) by NPI
IREIT Global

1H – Jun17

$0.765

2.8900

7.556%

$0.672

41.30%

Offices : Germany (5)
Cache Log Trust

Q3 – Sep17

$0.820

1.5410

7.456%

$0.769

43.60%

Industrial (19) : Singapore (82%) + Australia (17%) + China (1%) by Gross Revenue
BHG Retail Reit

1H – Jun17

$0.740

2.7400

7.405%

$0.830

32.40%

Retail (China) – 5
AIMSAMP Cap Reit

Q2 – Sep17

$1.445

2.5500

7.336%

$1.364

37.30%

Industrial (27) : Singapore + Australia
ManulifeREIT USD

1H – Jun17

$0.905

3.2300

7.138%

$0.840

30.40%

Offices : USA (3)
Frasers Com Tr

Q4 – Sep17

$1.385

2.4070

6.952%

$1.580

34.70%

Singapore (54.4%) + Australia (45.6%) by NPI
ESR-REIT

Q3 – Sep17

$0.555

0.9640

6.948%

$0.632

36.70%

Industrial (48)
Sabana REIT

Q3 – Sep17

$0.460

0.7900

6.804%

$0.560

36.00%

Industrial (20)
OUE Com Reit

1H – Jun17

$0.720

2.3800

6.778%

$0.860

36.40%

Office (83.1%) + Retail (16.9%) ; Singapore (80.4%) + China (19.6%) by Revenue
Ascendas-hTrust

Q1 – Jun17

$0.875

1.3100

6.514%

$0.890

32.70%

Hotels (11) : Australia (48%) + Japan (27%) + Singapore (14%) + China (10%) by NPI
OUE Htrust

Q2 – Jun17

$0.805

1.2100

6.460%

$0.760

38.20%

Hotel (78%) + Retail (22%) by NPI
FHT

2H – Sep17

$0.785

2.5137

6.404%

$0.816

32.10%

Hotel (9) + Serviced Apt (6) : Australia (38%) + Singapore (22%) + UK (18%) + Japan (9%) + Malaysia (7%) + Germany (6%) by NPI
Mapletree GCC Tr

1H – Sep17

$1.175

3.7140

6.336%

$1.246

38.50%

Retail + Office : HK (69.3%) + China (30.7%) by NPI ; Retail (61.4%) + Office (36.6%) by NPI
First REIT

Q3 – Sep17

$1.385

2.1400

6.195%

$1.006

32.60%

Hospitals (14 – 1 in S Korea) + Hotel (Indonesia – 2) + Nursing Home (Singapore – 3)
Mapletree Ind Tr

Q2 – Sep17

$1.940

3.0000

6.186%

$1.410

30.00%

Industrial (85)
StarhillGbl Reit

Q1 – Sep17

$0.770

1.2000

6.182%

$0.910

35.40%

Retail + Office : Singapore (61.1%) + Australia (23.7%) + Malaysia (11.4%) + Others (2.9%) by Revenue
CapitaR China Tr

Q3 – Sep17

$1.660

2.3700

6.084%

$1.610

35.40%

Retail (China) – 10
Frasers L&I Tr

Q3 – Jun17

$1.115

1.7500

5.967%

$0.920

29.30%

Industrial (Australia) – 54
Mapletree Log Tr

Q2 – Sep17

$1.270

1.8870

5.943%

$1.030

33.70%

Industrial (124)
Ascott Reit

Q3 – Sep17

$1.195

1.6900

5.931%

$1.220

31.90%

Serviced Apts (74) : Asia Pacific (59.6%) + Europe (27.9%) + US (12.5%) by Assets
Far East HTrust

Q2 – Jun17

$0.700

0.9700

5.914%

$0.897

32.80%

Hotels (64.8%) + Commercial (22.3%) + Serviced Apts (12.9%) by Revenue
Ascendas Reit

1H – Sep17

$2.740

8.1080

5.822%

$2.130

33.10%

Industrial (131) : Singapore (85%) + Australia (15%) by Valuation
CDL Htrust

Q3 – Sep17

$1.635

2.2900

5.810%

$1.475

33.30%

Hotels : Singapore (57.2%) + NZ (13.1%) + Australia (9.8%) + UK (7.5%) + Maldives (6.7%) + Japan (3.3%) by NPI
Mapletree Com Tr

Q2 – Sep17

$1.555

2.2400

5.794%

$1.370

36.40%

Retail + Office
SPHREIT

Q4 – Aug17

$1.000

1.4200

5.530%

$0.950

25.40%

Retail (2)
CapitaMall Trust

Q3 – Sep17

$2.020

2.7800

5.515%

$1.920

34.70%

Retail (16) + Office
Frasers Cpt Tr

Q4 – Sep17

$2.170

2.9700

5.484%

$2.020

29.00%

Retail (6) + 31.17% of Hektar (MREIT)
Fortune Reit HKD

1H – Jun17

$9.420

25.5300

5.420%

$13.390

28.40%

Retail (HK) – 17
Suntec Reit

Q3 – Sep17

$1.950

2.4830

5.127%

$2.090

36.80%

Office (68%) + Retail (26%) + Convention (6%) by Income
Keppel DC REIT

Q3 – Sep17

$1.375

1.7400

5.062%

$0.960

32.10%

Data Centres – 12 + 1 (Under Devt)
Keppel Reit

Q3 – Sep17

$1.175

1.4000

4.766%

$1.410

38.80%

Office (8) : Singapore (87%) + Australia (13%) by Asset Value
CapitaCom Trust

Q3 – Sep17

$1.735

2.0200

4.657%

$1.820

36.00%

Office (72%) + Retail (17%) + Hotel (11%) by Gross Rental Income
ParkwayLife Reit

Q2 – Jun17

$2.850

3.320

4.351%

$1.680

37.40%

Hospitals + Nursing Homes = 49 : Singapore 60% + Japan 40% by Gross Revenue

NOTES :

  • Mkt Price is as on 31-Oct-17
  • A-REIT : Above Yield is Computed Using latest 4Qs DPU = 15.953ct = 4.049ct (Q118) + 3.993ct (Q317) + 3.852ct (Q417) + 4.059ct (Q218)
  • Suntec : Above Yield is Computed Using latest 4Qs DPU = 9.997ct = 2.596ct (Q416) + 2.483ct (Q317) + 2.493ct (Q217) + 2.425ct (Q117)
  • YTL StarHill : Annualised DPU = 4.76ct
  • VIT : Annualised DPU = 7.538ct
  • CDL H-Trust : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield is Computed using last 4Qs DPU : 9.5ct = 2.29ct (Q317) + 4.1ct (1H17) + 3.11ct (Q416)
  • AIMSAMPReit : Above Yield is Computed using last 4Qs DPU : 10.6ct = 2.77ct (Dec16) + 2.55ct (Sep17) + 2.5ct (Jun17) + 2.78ct (Mar17)
  • MCT : Above Yield is Computed using last 4Qs DPU : 9.01ct = 2.28ct (Dec16) + 2.24ct (Sep17) + 2.23ct (Jun17) + 2.26ct (Mar17)
  • FCT : Above Yield is Computed using last 4Qs DPU : 11.9ct = 2.89ct (Dec16) + 2.97ct (Sep17) + 3.00ct (Jun17) + 3.040ct (Mar17) ; Jun16 DPU Incl. $2.1M Retained in Prior Qs
  • CLT : Annualised DPU = 6.114ct ; 18-for-100 Rights @ $0.632 on 9-Oct-17 Entitled to Accrued DPU
  • AscottREIT : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield Uses Latest 4Qs DPU = 2.042ct (Q416) + 3.356ct (1H17) + 1.69ct (Q317) = 7.088ct
  • Sabana : Annualised DPU = 3.13ct
  • FirstREIT : Annualised DPU = 8.58ct
  • MLT : Advanced DPU = 1.706ct (1-Jul-17 to 21-Sep-17) + 0.181ct (22-Sep-17 to 30-Sep-17) to be paid with Q3 DPU
  • CRCT : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield Uses Latest 4Qs DPU = 2.37ct (Q416) + 5.36ct (1H17) + 2.37ct (Q317) = 10.10ct
  • CMT : Above Yield Uses Latest 4Qs DPU = 2.73ct (Mar17) + 2.88ct (Dec16) + 2.78ct (Sep17) + 2.75ct (Jun17) = 11.14ct
  • MGCCT : Above Yield is Computed Using latest 4Qs DPU : 7.445ct = 3.714ct (1H18) + 3.731ct (2H17)
  • CCT : DPU Not Paid as Semi-Annual Payout Policy
  • ESR REIT : Annualised DPU = 3.856ct
  • SPHREIT : Above Yield is Computed using last 4Qs DPU = 1.34ct (Nov16) + 1.42ct (Aug17) + 1.37ct (May17) + 1.40ct (Feb17) =5.53ct
  • FE-HTrust : Above Yield is Computed using last 4Qs DPU : 4.14ct = 1.12ct (Dec16) + 1.12ct (Sep16) + 0.97ct (Jun17) + 0.93ct (Mar17)
  • A-HTrust : Above Yield is Computed Using latest 4Qs DPU = 5.7ct = 1.31ct (Q118) + 3.01ct (2H17) + 1.38ct (Q217) ; DPU Not Paid as Semi-Annual Payout Policy
  • OUE C-REIT : Above Yield is Computed using last 4Qs DPU : 5.09ct = 2.38ct (1H17) + 2.5ct (2H16) ; Advanced DPU = 1ct (1-Jan-17 to 16-Mar-17)
  • FLT : Advanced DPU = 1.75ct (1-Apr-17 to 5-Jul-17)
  • PLife : Above Yield is Computed Using Recurring DPU = 3.10ct ie Excl. 0.22ct Divestment Gain (2nd of 4 Tranches)
  • IREIT Global : DPU 100% Hedged @ €1 : S$1.55 for FY17
  • MLT : Includes 0.06ct Divestment Gain for 8 Qs & 0.2ct for 4Qs from Sep-15 ie DPU = 1.79ct (Jun-16) if Excl Divestment Gains
  • EC World : IPO Prospectus : DPU FY16 = 3.34ct (1-Jun-16 to 31-Dec-16) ; FY17 5.94ct ; Gearing 28.9% ; NAV $0.88 ; Listing on 28-Jul-16 2pm @ $0.81
  • Frasers Industrial & Logistics Trust : IPO Prospectus ; DPU : FY16 = 2.03ct (1-Jun-16 to 30-Sep-16) ; FY17 = 6.25ct ; Listing on 21-Jun-16 9AM @ $0.89 ; NAV Using Current Exchange Rate A$1 : S$1.0436 fm Yahoo Finance
  • Manulife REIT : IPO Prospectus ; DPU : FY16 = US3.65ct (1-May-16 to 31-Dec-16) @ 1.3592 Exchange Rate; FY17 = US5.87ct @ 1.3658 ; Gearing = 36.8% ; NAV = US$0.79 ; Listing on 20-May-16 2pm @ US$0.83
  • BHG REIT : IPO Prospectus ; DPU : FY15 = 0.76ct (1-Nov-15 to 31-Dec-15) / 0.53ct if exclude sponsor waiver ; FY16 = 5.08ct / 3.56ct if exclude sponsor waiver ; Gearing = 33.5% ; NAV = $0.826 ; Listing on 11-Dec-15 2pm @ $0.80
  • OUE H-Trust : Rights Circular dated 15-Mar-16 ; 33-for-100 Rights Issue @ $0.54 (TERP = $0.7092 @ $0.765) ; Proforma FY15 DPU = 4.89cts <- 5.84ct ; NAV = $0.81 <- $0.90 ; Gearing = 37.8% <- 42%
  • IREIT Global : Rights Circular ; 45-for-100 Rights Issue @ $0.468 (TERP = $0.7004 @ $0.805) ; Proforma FY14 DPU = €1.53cts (Same as Actual) ; NAV = €0.48 -> €0.41 ; Gearing 31.8% -> 43.7%
  • Keppel DC REIT : IPO Prospectus ; DPU : FY15 = 6.36ct ; FY16 = 6.65ct ; Gearing = 27.8% ; NAV = $0.87 ; Listing on 11-Dec-14 2pm @ $0.88
  • IREIT Global : IPO Prospectus ; DPU : FY14 (1-Jul-14 to 31-Dec-14) = 3.33ct ; FY15 = 7.01ct ; FY16 = 7.01ct ; Gearing = 33.2% ; NAV = $0.78 ; Listing on 13-Aug-14 2pm @ $0.88

Shipping Trusts (non-REITs)

Trust

Period

Mkt

DPU cts

Yield

NAV

Assets Type

FSL Trust

Q2 – Jun17

$0.083

0.00

0.000%

$0.390

Shipping Trust

NOTES :

  • All in US$ except for FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.3603 : US$1 fm Yahoo Finance)
  • Rickmers : Delisted on 27-Jul-17 9am
  • FSL : 30-Jun-12 : Div Payout till 30-Jun-13 ; Restriction on DPU Payout Continues after 30-Jun-13

Other Trusts (non-REITs)

Trust

Period

Mkt

DPU cts

Yield

NAV

Assets Type

Kep Infra Tr

Q2 – Jun17

$0.555

0.930

6.703%

$0.307

Infrastructure
Ascendas-iTrust

1H – Sep17

$1.150

2.810

4.887%

$0.790

India – Industrial Park (7)
Indiabulls Trust

2H – Mar17

$0.255

0.000

0.250%

$1.273

India – Office
HPH Trust USD

1H – Jun17

$0.430

9.500

7.782%

HK$4.53

Ports – HK (38%) + China (62%) by Revenue
RHT HealthTrust

2H – Jun17

$0.840

2.370

5.643%

$0.845

India – Healthcare (18)
Asian Pay TV Tr

Q2 – Jun17

$0.580

1.625

11.207%

$0.850

Taiwan PayTV
Accordia Golf Tr

Q1 – Jun17

$0.750

2.000

8.293%

$0.890

Japan Golf Courses – 89
Dasin Retail Tr

1H – Jun17

$0.805

3.010

7.478%

$1.490

China – Retail (4)
NetLink NBN Tr

FY18 – IPO

$0.825

2.930

5.335%

$0.864

Fibre Network Infrastructure

NOTES :

  • CroesusRT : Delisted on 26-Oct-17
  • Accordia : Above Yield Computed Using DPU = 6.22ct = 3.59ct (2H17 – Mar17) + 0.73ct (Q217 – Sep16) + 2ct (Q118 – Jun17) ; DPU Not Paid as Semi-Annual Payout Policy
  • HPH Trust : DPU in HK$ ; Mkt Price in US$ ; Yield Computed Using Latest Exchange Rate HK$7.7995 : US$1 fm Yahoo Finance) ; Yield Computed Using 1H (Jun17) = HK9.5ct + 2H (Dec16) = HK16.6ct
  • APTT : Above Yield uses DPU = 6.5ct as FY17 Guidance = 6.5ct ie 1.625ct / Q
  • Daisin : IPO Prospectus ; DPU FY17 = 6.8ct (3.07ct if Exclude Waiver) ; FY18 = 7.2ct (3.78ct if Exclude Waiver) ; NAV RMB4.918 ; Gearing 27.3% Listing on 20-Jan-17 2pm @ $0.80
  • Religare : FY17 DPU Payout Reduced to 95% from current 100% ; Special DPU = 24.8ct on 28-Oct-16 fm Disposal of 51% in FHTL
  • Indiabulls : Halted from 23-Jun-16 as Free Float is Only 3% ; Yield Computed Using 0ct (2H16) + 0.0638ct (1H16)
  • Indiabulls : 5-for-1 Shares Consolidation on 25-Aug-15
  • KIT : Previously Cityspring + Offer of Units-in-Specie for Previous KIT ; Started Trading on 18 May 15
  • Indiabulls : Maiden DPU on 1H (Sep12) Declared since Listing on 11-Jun-08

Month End Prices – 2017

REIT

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

A-HTrust

S$0.705

S$0.735

S$0.755

S$0.780

S$0.780

S$0.780

S$0.825

S$0.840

S$0.835

S$0.855

S$0.875

A-REIT

S$2.270

S$2.460

S$2.500

S$2.520

S$2.560

S$2.620

S$2.610

S$2.700

S$2.660

S$2.700

S$2.740

AIMSAMPIReit

S$1.310

S$1.360

S$1.355

S$1.385

S$1.395

S$1.420

S$1.480

S$1.440

S$1.405

S$1.420

S$1.445

AscottREIT

S$1.130

S$1.135

S$1.165

S$1.085

S$1.095

S$1.125

S$1.155

S$1.190

S$1.175

S$1.195

S$1.195

BHG REIT

S$0.655

S$0.650

S$0.665

S$0.740

S$0.715

S$0.705

S$0.740

S$0.735

S$0.750

S$0.745

S$0.740

CapitaRChina

S$1.370

S$1.420

S$1.425

S$1.480

S$1.590

S$1.555

S$1.640

S$1.660

S$1.595

S$1.635

S$1.660

CCT

S$1.480

S$1.525

S$1.560

S$1.545

S$1.625

S$1.660

S$1.660

S$1.720

S$1.740

S$1.655

S$1.735

CDL HTrust

S$1.340

S$1.415

S$1.415

S$1.435

S$1.550

S$1.625

S$1.655

S$1.600

S$1.630

S$1.610

S$1.635

CLT

S$0.810

S$0.810

S$0.820

S$0.845

S$0.865

S$0.885

S$0.915

S$0.885

S$0.875

S$0.835

S$0.820

CMT

S$1.885

S$1.940

S$1.970

S$1.970

S$1.970

S$1.990

S$1.975

S$2.010

S$2.170

S$2.080

S$2.020

EC World

S$0.760

S$0.710

S$0.740

S$0.755

S$0.760

S$0.785

S$0.810

S$0.775

S$0.775

S$0.780

S$0.780

ESR-REIT

S$0.540

S$0.565

S$0.575

S$0.580

S$0.585

S$0.575

S$0.590

S$0.565

S$0.555

S$0.575

S$0.555

FE-HTrust

S$0.600

S$0.600

S$0.585

S$0.600

S$0.600

S$0.635

S$0.670

S$0.670

S$0.660

S$0.670

S$0.700

FHT

S$0.650

S$0.665

S$0.685

S$0.710

S$0.730

S$0.710

S$0.725

S$0.740

S$0.745

S$0.760

S$0.785

First REIT

S$1.265

S$1.270

S$1.285

S$1.310

S$1.350

S$1.320

S$1.340

S$1.350

S$1.330

S$1.335

S$1.385

FLT

S$0.925

S$0.940

S$0.975

S$0.985

S$1.010

S$1.005

S$1.080

S$1.095

S$1.075

S$1.090

S$1.115

Fortune

HK$8.610

HK$9.020

HK$8.610

HK$8.700

HK$9.060

HK$9.360

HK$9.480

HK$9.720

HK$9.240

HK$9.100

HK$9.420

FrasersComm

S$1.260

S$1.255

S$1.270

S$1.280

S$1.340

S$1.390

S$1.425

S$1.400

S$1.395

S$1.380

S$1.385

FrasersCT

S$1.900

S$2.000

S$2.000

S$2.110

S$2.110

S$2.120

S$2.140

S$2.100

S$2.110

S$2.130

S$2.170

IREIT Global

S$0.715

S$0.735

S$0.755

S$0.725

S$0.745

S$0.750

S$0.760

S$0.790

S$0.765

S$0.755

S$0.765

Keppel DC REIT

S$1.020

S$1.010

S$1.035

S$1.050

S$1.060

S$1.105

S$1.145

S$1.160

S$1.160

S$1.170

S$1.175

Keppel REIT

S$1.185

S$1.195

S$1.180

S$1.200

S$1.240

S$1.295

S$1.290

S$1.280

S$1.285

S$1.345

S$1.375

LMIR

S$0.370

S$0.390

S$0.390

S$0.395

S$0.425

S$0.415

S$0.445

S$0.460

S$0.435

S$0.430

S$0.435

Manulife

S$0.825

S$0.855

S$0.840

S$0.840

S$0.840

S$0.875

S$0.900

S$0.920

S$0.965

S$0.935

S$0.905

MCT

S$1.395

S$1.530

S$1.500

S$1.530

S$1.595

S$1.545

S$1.595

S$1.605

S$1.535

S$1.550

S$1.555

MGCT

S$0.950

S$0.955

S$0.985

S$1.020

S$1.070

S$1.065

S$1.080

S$1.110

S$1.125

S$1.155

S$1.175

MIT

S$1.645

S$1.645

S$1.665

S$1.780

S$1.790

S$1.825

S$1.860

S$1.855

S$1.855

S$1.885

S$1.940

MLT

S$1.020

S$1.050

S$1.075

S$1.095

S$1.130

S$1.170

S$1.195

S$1.200

S$1.230

S$1.220

S$1.270

OUE C-REIT

S$0.695

S$0.700

S$0.700

S$0.705

S$0.700

S$0.700

S$0.715

S$0.730

S$0.715

S$0.720

S$0.720

OUE H-Trust

S$0.660

S$0.695

S$0.695

S$0.690

S$0.720

S$0.710

S$0.745

S$0.755

S$0.760

S$0.780

S$0.805

PLife

S$2.360

S$2.430

S$2.430

S$2.520

S$2.560

S$2.620

S$2.680

S$2.710

S$2.690

S$2.740

S$2.850

Sabana

S$0.380

S$0.385

S$0.435

S$0.505

S$0.455

S$0.420

S$0.465

S$0.450

S$0.480

S$0.465

S$0.460

SB REIT

S$0.640

S$0.635

S$0.645

S$0.675

S$0.665

S$0.685

S$0.720

S$0.710

S$0.730

S$0.700

S$0.660

SPH REIT

S$0.950

S$0.970

S$0.970

S$0.980

S$0.985

S$1.000

S$1.000

S$1.000

S$1.000

S$1.000

S$1.000

StarHill Gbl

S$0.740

S$0.765

S$0.740

S$0.755

S$0.770

S$0.775

S$0.780

S$0.780

S$0.745

S$0.770

S$0.770

Suntec

S$1.650

S$1.730

S$1.730

S$1.790

S$1.770

S$1.835

S$1.870

S$1.900

S$1.895

S$1.875

S$1.950

VIT

S$0.755

S$0.765

S$0.765

S$0.795

S$0.815

S$0.840

S$0.885

S$0.925

S$0.945

S$0.935

S$0.980

Performance – September 2017

STI +14.7% : 3304.29 (Sep-17) vs 2880.76 (Dec-16)

Rank – Capital Gains

REIT

Sep-17

Dec-16

Gain

VIT

$ 0.935

$ 0.755

23.8%

Sabana

$ 0.465

$ 0.380

22.4%

Mapletree GCC Tr

$ 1.155

$ 0.950

21.6%

A-HTrust

$ 0.855

$ 0.705

21.3%

CDL Htrust

$ 1.610

$ 1.340

20.1%

MapletreeLog

$ 1.220

$ 1.020

19.6%

CapitaRChina

$ 1.635

$ 1.370

19.3%

Ascendasreit

$ 2.700

$ 2.270

18.9%

OUE H-Trust

$ 0.780

$ 0.660

18.2%

Fraser LT

$ 1.090

$ 0.925

17.8%

Frasers Htrust

$ 0.760

$ 0.650

16.9%

Lippo Malls Tr

$ 0.430

$ 0.370

16.2%

ParkwayLife Reit

$ 2.740

$ 2.360

16.1%

K-REIT

$ 1.170

$ 1.020

14.7%

MIT

$ 1.885

$ 1.645

14.6%

BHG REIT

$ 0.745

$ 0.655

13.7%

SuntecReit

$ 1.875

$ 1.650

13.6%

Keppel DC REIT

$ 1.345

$ 1.185

13.5%

Manulife

$ 0.935

$ 0.825

13.3%

FrasersCT

$ 2.130

$ 1.900

12.1%

CapitaComm

$ 1.655

$ 1.480

11.8%

FE-HTrust

$ 0.670

$ 0.600

11.7%

MCT

$ 1.550

$ 1.395

11.1%

CapitaMall

$ 2.080

$ 1.885

10.3%

FrasersComm

$ 1.380

$ 1.260

9.5%

SB REIT

$ 0.700

$ 0.640

9.4%

AIMSAMP Cap Reit

$ 1.420

$ 1.310

8.4%

ESR-REIT

$ 0.575

$ 0.540

6.5%

AscottREIT

$ 1.195

$ 1.130

5.8%

Fortune Reit HK$

$ 9.100

$ 8.610

5.7%

IREIT Global

$ 0.755

$ 0.715

5.6%

First REIT

$ 1.335

$ 1.265

5.5%

SPHREIT

$ 1.000

$ 0.950

5.3%

StarhillGbl Reit

$ 0.770

$ 0.740

4.1%

OUE C-REIT

$ 0.720

$ 0.695

3.6%

CLT

$ 0.835

$ 0.810

3.1%

EC World

$ 0.780

$ 0.760

2.6%

NOTES :

  • Not Adjusted for Rights or New Issues Which May Be at a Discount
  • Sep-17 : End Sep-17 Mkt Price
  • Dec-16 : End Dec-16 Mkt Price
  • Gain : Capital Gains = (Sep-17 Mkt Price – Dec-16 Mkt Price) / (Dec-16 Mkt Price)

September 2017

 

 

 

REITs : Average Yield = 6.473% (Excludes Saizen)

REIT

Period

Mkt

DPU cts

Yield

NAV

Gearing

Assets Type

Cache Log Trust

Q2 – Jun17

$0.835

1.8000

8.647%

$0.770

43.40%

Industrial (19) : Singapore (83%) + Australia (16%) + China (1%) by Gross Revenue

SoilbuildBizREIT

Q2 – Jun17

$0.700

1.4660

8.377%

$0.720

37.90%

Industrial (12) : Business Park 32% + Industrial 68% by NPI

Lippo Malls Tr

Q2 – Jun17

$0.430

0.9000

8.372%

$0.368

30.60%

Retail (Indonesia) – 21

Viva Ind Tr

Q2 – Jun17

$0.935

1.8610

7.983%

$0.790

39.10%

Industrial (9) : Biz Park (50.4%) + Light Industrial (23.4%) + Logistics (15.4%) + Hotel (10.8%) by NPI

EC World Reit

Q2 – Jun17

$0.780

1.5400

7.897%

$0.900

29.20%

Port, Warehouse & e-Commerce Infrastructure in China

IREIT Global

1H – Jun17

$0.755

2.8900

7.656%

$0.672

41.30%

Offices : Germany (5)

AIMSAMP Cap Reit

Q1 – Jun17

$1.420

2.5000

7.606%

$1.386

36.30%

Industrial (27) : Singapore + Australia

BHG Retail Reit

1H – Jun17

$0.745

2.7400

7.356%

$0.830

32.40%

Retail (China) – 5

Sabana REIT

Q2 – Jun17

$0.465

0.8100

6.989%

$0.560

37.00%

Industrial (21)

Frasers Com Tr

Q3 – Jun17

$1.380

2.3979

6.971%

$1.520

35.90%

Singapore (52.7%) + Australia (47.3%) by NPI

ManulifeREIT USD

1H – Jun17

$0.935

3.2300

6.909%

$0.840

30.40%

Offices : USA (3)

OUE Com Reit

1H – Jun17

$0.720

2.3800

6.778%

$0.860

36.40%

Office (83.1%) + Retail (16.9%) ; Singapore (80.4%) + China (19.6%) by Revenue

OUE Htrust

Q2 – Jun17

$0.780

1.2100

6.667%

$0.760

38.20%

Hotel (78%) + Retail (22%) by NPI

Ascendas-hTrust

Q1 – Jun17

$0.855

1.3100

6.667%

$0.890

32.70%

Hotels (11) : Australia (48%) + Japan (27%) + Singapore (14%) + China (10%) by NPI

ESR-REIT

Q2 – Jun17

$0.575

0.9560

6.650%

$0.633

37.90%

Industrial (49)

FHT

Q3 – Jun17

$0.760

1.2374

6.513%

$0.749

34.10%

Hotel (9) + Serviced Apt (6) : Australia (38%) + Singapore (20%) + UK (17%) + Japan (14%) + Malaysia (6%) + Germany (5%) by NPI

Ascott Reit

1H – Jun17

$1.195

3.3560

6.484%

$1.190

32.40%

Serviced Apts (73) : Asia Pacific (61.6%) + Europe (28.4%) + US (10%) by Assets

First REIT

Q2 – Jun17

$1.335

2.1400

6.464%

$1.004

31.00%

Hospitals (13 – 1 in S Korea) + Hotel (Indonesia – 2) + Nursing Home (Singapore – 3)

Mapletree GCC Tr

Q1 – Jun17

$1.155

1.8510

6.357%

$1.244

39.40%

Retail + Office : HK (69.4%) + China (30.6%) by NPI ; Retail (62%) + Office (36.5%) by NPI

Mapletree Ind Tr

Q1 – Jun17

$1.885

2.9200

6.196%

$1.400

29.80%

Industrial (86)

Mapletree Log Tr

Q1 – Jun17

$1.220

1.8870

6.187%

$1.020

39.00%

Industrial (127)

Far East HTrust

Q2 – Jun17

$0.670

0.9700

6.179%

$0.897

32.80%

Hotels (64.8%) + Commercial (22.3%) + Serviced Apts (12.9%) by Revenue

CapitaR China Tr

1H – Jun17

$1.635

5.3600

6.171%

$1.520

35.30%

Retail (China) – 11

StarhillGbl Reit

Q4 – Jun17

$0.770

1.1800

6.143%

$0.910

35.30%

Retail + Office : Singapore (62.5%) + Australia (23.0%) + Malaysia (12.5%) + Others (2.0%) by Revenue

Frasers L&I Tr

Q3 – Jun17

$1.090

1.7500

6.104%

$0.920

29.30%

Industrial (Australia) – 54

CDL Htrust

1H – Jun17

$1.610

4.1000

5.994%

$1.545

38.70%

Hotels : Singapore (58.1%) + Australia (10.2%) + Maldives (7.6%) + NZ (14.2%) + UK (6.1%) + Japan (3.7%) by NPI

Ascendas Reit

Q1 – Jun17

$2.700

4.0490

5.811%

$2.040

33.90%

Industrial (132) : Singapore (86%) + Australia (14%) by Valuation

Mapletree Com Tr

Q1 – Jun17

$1.550

2.2300

5.690%

$1.370

36.40%

Retail + Office

Fortune Reit HKD

1H – Jun17

$9.100

25.5300

5.611%

$13.390

28.40%

Retail (HK) – 17

CapitaCom Trust

1H – Jun17

$1.655

4.5900

5.547%

$1.770

35.20%

Office (73%) + Retail (16%) + Hotel (11%) by Gross Rental Income

SPHREIT

Q3 – May17

$1.000

1.3700

5.520%

$0.940

25.60%

Retail (2)

Frasers Cpt Tr

Q3 – Jun17

$2.130

3.0000

5.514%

$1.920

30.00%

Retail (6) + 31.17% of Hektar (MREIT)

Keppel DC REIT

1H – Jun17

$1.345

3.6300

5.398%

$0.931

27.70%

Data Centres – 12 + 1 (Under Devt)

Suntec Reit

Q2 – Jun17

$1.875

2.4930

5.359%

$2.094

36.10%

Office (69%) + Retail (28%) + Convention (3%) by Income

CapitaMall Trust

Q2 – Jun17

$2.080

2.7500

5.356%

$1.910

34.70%

Retail (16) + Office

Keppel Reit

Q2 – Jun17

$1.170

1.4200

4.855%

$1.400

38.50%

Office (8) : Singapore (89%) + Australia (11%) by Asset Value

ParkwayLife Reit

Q2 – Jun17

$2.740

3.3200

4.526%

$1.680

37.40%

Hospitals + Nursing Homes = 49 : Singapore 60% + Japan 40% by Gross Revenue

Saizen REIT

2H – Jun15

$0.033

2.930

0.000%

$1.210

35.00%

Residential (Japan) – 136

NOTES :

  • Mkt Price is as on 30-Sep-17
  • FE-HTrust : Above Yield is Computed using last 4Qs DPU : 4.14ct = 1.12ct (Dec16) + 1.12ct (Sep16) + 0.97ct (Jun17) + 0.93ct (Mar17)
  • A-HTrust : Above Yield is Computed Using latest 4Qs DPU = 5.7ct = 1.31ct (Q118) + 3.01ct (2H17) + 1.38ct (Q217) ; DPU Not Paid as Semi-Annual Payout Policy
  • OUE C-REIT : Above Yield is Computed using last 4Qs DPU : 5.09ct = 2.38ct (1H17) + 2.5ct (2H16) ; Advanced DPU = 1ct (1-Jan-17 to 16-Mar-17)
  • FLT : Advanced DPU = 1.75ct (1-Apr-17 to 5-Jul-17)
  • YTL StarHill : Above Yield is Computed using last 4Qs DPU : 4.92ct = 1.26ct (Dec16) + 1.30ct (Sep16) + 1. 18ct (Jun17) + 1.18ct (Mar17)
  • MGCCT : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield is Computed Using latest 4Qs DPU : 7.342ct = 1.851ct (Q117) + 3.731ct (2H17) + 1.76ct (Q216)
  • CDL H-Trust :Above Yield is Computed using last 4Qs DPU : 10.2ct = 4.1ct (1H17) + 5.55ct (2H16)
  • A-REIT : DPU Not Paid as Semi-Annual Payout Policy ; Above Yield is Computed Using latest 4Qs DPU = 15.689ct = 4.049ct (Q118) + 3.993ct (Q317) + 3.852ct (Q417) + 3.795ct (Q217)
  • MCT : Above Yield is Computed using last 4Qs DPU : 8.82ct = 2.28ct (Dec16) + 2.05ct (Sep16) + 2.23ct (Jun17) + 2.26ct (Mar17)
  • FHT : DPU Not Paid as Semi-Annual Payout Policy
  • CRCT : Above Yield Uses Latest 4Qs DPU = 4.73ct (2H16) + 5.36ct (1H17) = 10.09ct
  • AIMSAMPReit : Above Yield is Computed using last 4Qs DPU : 10.08ct = 2.77ct (Dec16) + 2.75ct (Sep16) + 2.5ct (Jun17) + 2.78ct (Mar17)
  • Suntec : Above Yield is Computed Using latest 4Qs DPU = 10.049ct = 2.596ct (Q416) + 2.535ct (Q316) + 2.493ct (Q217) + 2.425ct (Q117)
  • VIT : Annualised DPU = 7.464ct
  • Sabana : Annualised DPU = 3.25ct
  • AscottREIT : Above Yield Uses Latest 4Qs DPU = 4.392ct (2H16) + 3.356ct (1H17) = 7.748ct
  • FCOT : Annualised DPU = 9.62ct
  • CLT : Annualised DPU = 7.22ct
  • CMT : Above Yield Uses Latest 4Qs DPU = 2.73ct (Mar17) + 2.88ct (Dec16) + 2.78ct (Sep16) + 2.75ct (Jun17) = 11.14ct
  • PLife : Above Yield is Computed Using Recurring DPU = 3.10ct ie Excl. 0.22ct Divestment Gain (2nd of 4 Tranches)
  • FCT : Above Yield is Computed using last 4Qs DPU : 11.745ct = 2.89ct (Dec16) + 2.815ct (Sep16) + 3.00ct (Jun17) + 3.040ct (Mar17) ; Jun16 DPU Incl. $2.1M Retained in Prior Qs
  • FirstREIT : Annualised DPU = 8.63ct
  • ESR REIT : Annualised DPU = 3.824ct
  • SPHREIT : Above Yield is Computed using last 4Qs DPU = 1.34ct (Nov16) + 1.41ct (Aug16) + 1.37ct (May17) + 1.40ct (Feb17) =5.52ct
  • IREIT Global : DPU 100% Hedged @ €1 : S$1.55 for FY17
  • MLT : Includes 0.06ct Divestment Gain for 8 Qs & 0.2ct for 4Qs from Sep-15 ie DPU = 1.79ct (Jun-16) if Excl Divestment Gains
  • EC World : IPO Prospectus : DPU FY16 = 3.34ct (1-Jun-16 to 31-Dec-16) ; FY17 5.94ct ; Gearing 28.9% ; NAV $0.88 ; Listing on 28-Jul-16 2pm @ $0.81
  • Frasers Industrial & Logistics Trust : IPO Prospectus ; DPU : FY16 = 2.03ct (1-Jun-16 to 30-Sep-16) ; FY17 = 6.25ct ; Listing on 21-Jun-16 9AM @ $0.89 ; NAV Using Current Exchange Rate A$1 : S$1.0436 fm Yahoo Finance
  • Manulife REIT : IPO Prospectus ; DPU : FY16 = US3.65ct (1-May-16 to 31-Dec-16) @ 1.3592 Exchange Rate; FY17 = US5.87ct @ 1.3658 ; Gearing = 36.8% ; NAV = US$0.79 ; Listing on 20-May-16 2pm @ US$0.83
  • BHG REIT : IPO Prospectus ; DPU : FY15 = 0.76ct (1-Nov-15 to 31-Dec-15) / 0.53ct if exclude sponsor waiver ; FY16 = 5.08ct / 3.56ct if exclude sponsor waiver ; Gearing = 33.5% ; NAV = $0.826 ; Listing on 11-Dec-15 2pm @ $0.80
  • OUE H-Trust : Rights Circular dated 15-Mar-16 ; 33-for-100 Rights Issue @ $0.54 (TERP = $0.7092 @ $0.765) ; Proforma FY15 DPU = 4.89cts <- 5.84ct ; NAV = $0.81 <- $0.90 ; Gearing = 37.8% <- 42%
  • IREIT Global : Rights Circular ; 45-for-100 Rights Issue @ $0.468 (TERP = $0.7004 @ $0.805) ; Proforma FY14 DPU = €1.53cts (Same as Actual) ; NAV = €0.48 -> €0.41 ; Gearing 31.8% -> 43.7%
  • Keppel DC REIT : IPO Prospectus ; DPU : FY15 = 6.36ct ; FY16 = 6.65ct ; Gearing = 27.8% ; NAV = $0.87 ; Listing on 11-Dec-14 2pm @ $0.88
  • IREIT Global : IPO Prospectus ; DPU : FY14 (1-Jul-14 to 31-Dec-14) = 3.33ct ; FY15 = 7.01ct ; FY16 = 7.01ct ; Gearing = 33.2% ; NAV = $0.78 ; Listing on 13-Aug-14 2pm @ $0.88

    
 

Shipping Trusts (non-REITs)

Trust

Period

Mkt

DPU cts

Yield

NAV

Assets Type

FSL Trust

Q2 – Jun17

$0.079

0.00

0.000%

$0.390

Shipping Trust

NOTES :

  • All in US$ except for FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.3585 : US$1 fm Yahoo Finance)
  • Rickmers : Delisted on 27-Jul-17 9am
  • FSL : 30-Jun-12 : Div Payout till 30-Jun-13 ; Restriction on DPU Payout Continues after 30-Jun-13

     
 

Other Trusts (non-REITs)

Trust

Period

Mkt

DPU cts

Yield

NAV

Assets Type

Kep Infra Tr

Q2 – Jun17

$0.540

0.930

6.889%

$0.307

Infrastructure

Ascendas-iTrust

Q1 – Jun17

$1.085

1.310

4.829%

$0.810

India – Industrial Park (7)

Indiabulls Trust

2H – Mar17

$0.255

0.000

0.250%

$1.273

India – Office

HPH Trust USD

1H – Jun17

$0.460

9.500

7.264%

HK$4.53

Ports – HK (38%) + China (62%) by Revenue

RHT HealthTrust

2H – Jun17

$0.845

2.370

5.609%

$0.845

India – Healthcare (18)

Croesus Rtrust

2H – Jun17

$1.165

4.060

6.918%

Y79.63

Japan – Retail (11)

Asian Pay TV Tr

Q2 – Jun17

$0.560

1.625

11.607%

$0.850

Taiwan PayTV

Accordia Golf Tr

Q1 – Jun17

$0.730

2.000

8.521%

$0.890

Japan Golf Courses – 89

Dasin Retail Tr

1H – Jun17

$0.830

3.010

7.253%

$1.490

China – Retail (4)

NetLink NBN Tr

FY18 – IPO

$0.825

2.930

5.335%

$0.864

Fibre Network Infrastructure

NOTES :

  • a-iTrust : DPU Not Paid as Semi-Annual Payout Policy
  • Accordia : Above Yield Computed Using DPU = 6.22ct = 3.59ct (2H17 – Mar17) + 0.73ct (Q217 – Sep16) + 2ct (Q118 – Jun17) ; DPU Not Paid as Semi-Annual Payout Policy
  • CroesusRT : Exchange Rate Y100 = S$1.2079 ; Annualised DPU = 8.06ct ; Hedged Rate – FY17 @ Y83.57 ; FY18 @ Y76.39 ; FY19 @ Y72.72
  • HPH Trust : DPU in HK$ ; Mkt Price in US$ ; Yield Computed Using Latest Exchange Rate HK$7.8107 : US$1 fm Yahoo Finance) ; Yield Computed Using 1H (Jun17) = HK9.5ct + 2H (Dec16) = HK16.6ct
  • APTT : Above Yield uses DPU = 6.5ct as FY17 Guidance = 6.5ct ie 1.625ct / Q
  • Daisin
    : IPO Prospectus : DPU FY17 = 6.8ct (3.07ct if Exclude Waiver) ; FY18 = 7.2ct (3.78ct if Exclude Waiver) ; NAV RMB4.918 ; Gearing 27.3% Listing on 20-Jan-17 2pm @ $0.80
  • Religare : FY17 DPU Payout Reduced to 95% from current 100% ; Special DPU = 24.8ct on 28-Oct-16 fm Disposal of 51% in FHTL
  • Indiabulls : Halted from 23-Jun-16 as Free Float is Only 3% ; Yield Computed Using 0ct (2H16) + 0.0638ct (1H16)
  • Indiabulls : 5-for-1 Shares Consolidation on 25-Aug-15
  • KIT : Previously Cityspring + Offer of Units-in-Specie for Previous KIT ; Started Trading on 18 May 15
  • Indiabulls : Maiden DPU on 1H (Sep12) Declared since Listing on 11-Jun-08