Performance – January 2015
STI +0.774% : 3391.20 (Jan-15) vs 3365.15 (2014)
Rank – Capital Gains
|
REIT |
Jan-15 |
Dec-14 |
Gain |
|
Fortune Reit HK$ |
$ 8.560 |
$ 7.760 |
10.3% |
|
FrasersCT |
$ 2.070 |
$ 1.895 |
9.2% |
|
MCT |
$ 1.515 |
$ 1.410 |
7.4% |
|
MGCT |
$ 1.020 |
$ 0.950 |
7.4% |
|
CapitaRChina |
$ 1.715 |
$ 1.615 |
6.2% |
|
Keppel DC REIT |
$ 1.030 |
$ 0.975 |
5.6% |
|
FCOT |
$ 1.485 |
$ 1.415 |
4.9% |
|
First REIT |
$ 1.315 |
$ 1.255 |
4.8% |
|
LippoMapleT |
$ 0.355 |
$ 0.340 |
4.4% |
|
AIMSAMPIReit |
$ 1.470 |
$ 1.415 |
3.9% |
|
StarHill |
$ 0.830 |
$ 0.800 |
3.7% |
|
FE-HTrust |
$ 0.845 |
$ 0.815 |
3.7% |
|
CDL Htrust |
$ 1.800 |
$ 1.740 |
3.4% |
|
Ascendasreit |
$ 2.460 |
$ 2.380 |
3.4% |
|
OUE H-Trust |
$ 0.935 |
$ 0.905 |
3.3% |
|
MIT |
$ 1.530 |
$ 1.485 |
3.0% |
|
CapitaMall |
$ 2.090 |
$ 2.040 |
2.5% |
|
CLT |
$ 1.185 |
$ 1.160 |
2.2% |
|
ParkwayLife Reit |
$ 2.430 |
$ 2.380 |
2.1% |
|
SPH REIT |
$ 1.055 |
$ 1.040 |
1.4% |
|
MapletreeLog |
$ 1.200 |
$ 1.185 |
1.3% |
|
VIT |
$ 0.805 |
$ 0.795 |
1.3% |
|
K-REIT |
$ 1.235 |
$ 1.220 |
1.2% |
|
SaizenREIT |
$ 0.870 |
$ 0.860 |
1.2% |
|
CapitaComm |
$ 1.770 |
$ 1.755 |
0.9% |
|
A-HTrust |
$ 0.685 |
$ 0.680 |
0.7% |
|
FHT |
$ 0.895 |
$ 0.890 |
0.6% |
|
Cambridge |
$ 0.680 |
$ 0.680 |
0.0% |
|
OUE C-REIT |
$ 0.805 |
$ 0.805 |
0.0% |
|
AscottREIT |
$ 1.265 |
$ 1.270 |
-0.4% |
|
SB REIT |
$ 0.780 |
$ 0.790 |
-1.3% |
|
Sabana REIT |
$ 0.915 |
$ 0.940 |
-2.7% |
|
IREIT |
$ 0.860 |
$ 0.890 |
-3.4% |
|
SuntecReit |
$ 1.880 |
$ 1.960 |
-4.1% |
NOTES :
- Not Adjusted for Rights or New Issues Which May Be at a Discount
- Jan-15: End Jan-15 Mkt Price
- Dec-14 : End Dec-14 Mkt Price
- Gain : Capital Gains = (Jan-15 Mkt Price – Dec-14 Mkt Price) / (Dec-14 Mkt Price)
January 2015
Results Announcement
- 12 Jan 15 : SPHREIT (Updated)
- 15 Jan 15 : FirstREIT (Updated)
- 16 Jan 15 (AM) : Cambridge (Updated)
- 19 Jan 15 : MLT (Updated)
- 19 Jan 15 : KeppelREIT (Updated)
- 19 Jan 15 : KIT (Updated)
- 20 Jan 15 : MIT (Updated)
- 21 Jan 15 (AM) : CCT (Updated)
- 21 Jan 15 : MCT (Updated)
- 21 Jan 15 : SB REIT (Updated)
- 21 Jan 15 : Sabana (Updated)
- 21 Jan 15 : Fortune (Updated)
- 22 Jan 15 (AM) : AscottREIT (Updated)
- 22 Jan 15 : A-REIT (Updated)
- 22 Jan 15 : FCOT (Updated)
- 22 Jan 15 : Suntec (Updated)
- 23 Jan 15 (AM) : CMT (Updated)
- 23 Jan 15 : FCT (Updated)
- 26 Jan 15 : OUE C-REIT (Updated)
- 26 Jan 15 : a-iTrust (Updated)
- 26 Jan 15 : VIT (Updated)
- 27 Jan 15 : CLT (Updated)
- 27 Jan 15 : PLife (Updated)
- 27 Jan 15 : MGCT (Updated)
- 27 Jan 15 : Cityspring (Updated)
- 27 Jan 15 : Starhill Global (Updated)
- 27 Jan 15 : OUE H-Trust (Updated)
- 28 Jan 15 (AM) : CDL H-Trust (Updated)
- 29 Jan 15 (AM) : CRCT (Updated)
- 29 Jan 15 (AM) : AMISAMPReit (Updated)
- 29 Jan 15 : FHT (Updated)
- 6 Feb 15 : HPH-Trust
- 6 Feb 15 : A-HTrust
- 11 Feb 15 (AM) : CRT
- 11 Feb 15 (AM) : Saizen
- 11 Feb 15 (AM) : FE-HTrust
- 12 Feb 15 (AM) : LMIR
- 13 Feb 15 (AM) : PCRT
- 24 Feb 15 (AM) : APTT
REITs : Average Yield = 6.470%
|
REIT |
Period |
DPU cts |
Mkt |
Yield |
NAV |
Gearing |
Assets Type |
|
Viva Ind Tr |
Q4 – Dec14 |
1.701 |
$0.805 |
8.384% |
$0.758 |
44.30% |
Biz Park (66.8%) + Hotel (16.4%) + Light Industrial (13.5%) + Logistics (3.3%) by Valuation |
|
SoilbuildBizREIT |
Q4 – Dec14 |
1.585 |
$0.780 |
8.128% |
$0.800 |
35.40% |
Business Park (2) + Industrial (8) |
|
Lippo Malls Tr |
Q3 – Sep14 |
0.690 |
$0.355 |
7.775% |
$0.415 |
28.30% |
Retail (Indonesia) – 16 |
|
IREIT Global |
FY14 – IPO |
3.330 |
$0.860 |
7.744% |
$0.780 |
33.20% |
Offices : Germany |
|
Sabana REIT |
Q4 – Dec14 |
1.780 |
$0.915 |
7.716% |
$1.040 |
38.00% |
Industrial (23) |
|
AIMSAMP Cap Reit |
Q3 – Dec14 |
2.830 |
$1.470 |
7.701% |
$1.535 |
31.70% |
Industrial (26) |
|
OUE Htrust |
Q4 – Dec14 |
1.780 |
$0.935 |
7.615% |
$0.900 |
32.70% |
Hotel (69%) + Retail (31%) by Asset |
|
Ascendas-hTrust |
1H – Sep14 |
2.507 |
$0.685 |
7.320% |
$0.730 |
38.30% |
Hotels (12) : Australia (56%) + Singapore (20%) + Japan (15%) + China (9%) by NPI |
|
Cambridge Ind Tr |
Q4 – Dec14 |
1.252 |
$0.680 |
7.304% |
$0.681 |
34.80% |
Industrial (50) |
|
Cache Log Trust |
Q4 – Dec14 |
2.146 |
$1.185 |
7.185% |
$0.980 |
34.90% |
Industrial : Singapore (12) + Shanghai (1) |
|
Saizen REIT |
2H – Jun14 |
3.100 |
$0.870 |
7.126% |
$1.140 |
38.00% |
Residential (Japan) – 137 |
|
FHT |
Q1 – Dec14 |
2.970 |
$0.895 |
7.083% |
$0.861 |
40.00% |
Hotel (60.7%) + Serviced Apt (39.3%) |
|
OUE COMMERCIAL REIT |
2H – Dec14 |
2.840 |
$0.805 |
7.056% |
$1.100 |
38.30% |
Retail (10%) + Office (89%) by Revenue |
|
Mapletree Ind Tr |
Q3 – Dec14 |
2.670 |
$1.530 |
6.980% |
$1.210 |
32.80% |
Industrial (85) |
|
Ascott Reit |
2H – Dec14 |
4.264 |
$1.265 |
6.742% |
$1.370 |
38.50% |
Serviced Apts (86) : AsiaPacific (68.3%) + Europe (31.7%) by Valuation |
|
Frasers Com Tr |
Q1 – Dec14 |
2.461 |
$1.485 |
6.572% |
$1.560 |
37.20% |
Singapore (68%) + Australia (32%) by Valuation |
|
Mapletree GCC Tr |
Q3 – Dec14 |
1.662 |
$1.020 |
6.464% |
$1.060 |
37.90% |
Retail + Office (China + HK) |
|
CDL Htrust |
2H – Dec14 |
5.740 |
$1.800 |
6.378% |
$1.645 |
31.70% |
Hotels : Singapore (75.1%) + Australia (9.6%) + NZ (4.1%) + Maldives (8.1%) + Japan (2.8%) by Valuation |
|
Far East HTrust |
Q3 – Sep14 |
1.320 |
$0.845 |
6.249% |
$0.976 |
31.40% |
Hotels (66.5%) + Serviced Apts (14.7%) + Commercial (18.8%) by Revenue |
|
Mapletree Log Tr |
Q3 – Dec14 |
1.870 |
$1.200 |
6.233% |
$0.960 |
34.70% |
Industrial (117) |
|
Keppel DC REIT |
FY15 – IPO |
6.360 |
$1.030 |
6.175% |
$0.870 |
27.80% |
Data Centres – 8 |
|
StarhillGbl Reit |
Q4 – Dec14 |
1.290 |
$0.830 |
6.169% |
$0.930 |
28.60% |
Retail (86.4%) + Office (13.6%) ; Singapore (67.9%) + Malaysia (15.1%) + Australia (9.9%) + China (5.2%) + Japan (1.9%) by Revenue |
|
First REIT |
Q4 – Dec14 |
2.040 |
$1.315 |
6.122% |
$1.018 |
33.10% |
Hospitals (11 – 1 in S Korea) + Hotel (Indonesia – 2) + Nursing Home (Singapore – 3) |
|
Ascendas Reit |
Q3 – Dec14 |
3.590 |
$2.460 |
5.837% |
$2.030 |
33.60% |
Industrial : Singapore (104) + China (2) |
|
CapitaR China Tr |
2H – Dec14 |
4.830 |
$1.715 |
5.633% |
$1.580 |
28.70% |
Retail (China) – 10 |
|
Frasers Cpt Tr |
Q1 – Dec14 |
2.750 |
$2.070 |
5.525% |
$1.850 |
29.30% |
Retail (6) + 31.17% of Hektar (MREIT) |
|
Mapletree Com Tr |
Q3 – Dec14 |
2.080 |
$1.515 |
5.492% |
$1.170 |
37.90% |
Retail + Office |
|
Suntec Reit |
Q4 – Dec14 |
2.577 |
$1.880 |
5.483% |
$2.091 |
34.70% |
Retail + Office |
|
CapitaMall Trust |
Q4 – Dec14 |
2.860 |
$2.090 |
5.431% |
$1.790 |
33.80% |
Retail (16) + Office |
|
SPHREIT |
Q1 – Nov14 |
1.330 |
$1.055 |
5.043% |
$0.930 |
26.00% |
Retail (2) |
|
Keppel Reit |
Q4 – Dec14 |
1.510 |
$1.235 |
4.891% |
$1.400 |
43.30% |
Offices : Singapore (4) + Australia (5) |
|
Fortune Reit HKD |
2H – Dec14 |
20.800 |
$8.560 |
4.860% |
$11.930 |
29.40% |
Retail (HK) – 17 |
|
CapitaCom Trust |
2H – Dec14 |
4.240 |
$1.770 |
4.791% |
$1.710 |
29.30% |
Office (66%) + Retail (20%) + Hotel (14%) by Gross Rental Income |
|
ParkwayLife Reit |
Q4 – Dec14 |
2.900 |
$2.430 |
4.774% |
$1.600 |
35.20% |
Hospitals + Nursing Homes = 41 |
NOTES :
- Mkt Price is as on 30-Jan-15
- FHT : DPU = 2.97ct (14-Jul-14 to 31-Dec-14) vs Projected DPU = 2.82ct ; DPU Not Paid as Semi-Annual Payout Policy (1st DPU Payout on 31-Mar-15)
- PLife : Annualised DPU = 11.6ct
- StarHill Global : Annualised DPU = 5.12ct
- CLT : Annualised DPU = 8.514ct
- MGCCT : Annualised DPU = 6.593ct
- VIT : Annualised DPU = 6.749ct
- FCT : Above Yield is Computed using last 4Qs DPU = 11.437ct ie 2.75ct (Dec14) + 2.785ct (Sep14) + 3.022ct (Jun14) + 2.88ct (Mar14)
- CMT : Annualised DPU = 11.35ct
- FCOT : Annualised DPU = 9.76ct
- A-REIT : DPU Not Paid as Semi-Annual Payout Policy
- Sabana : Annualised DPU = 7.06ct
- Keppel REIT : DPU = 1.25ct (1-Oct-14 to 15-Dec-14) + 0.26ct (16-Dec-14 to 31-Dec-14)
- Cambridge : Annualised DPU = 4.967ct
- FirstREIT : Annualised DPU = 8.05ct
- 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
- Saizen : DPU Not Paid as Semi-Annual Payout Policy
- A-HTrust : DPU Not Paid as Semi-Annual Payout Policy
- 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
- A-REIT : DPU Semi-Annual Payout Policy fm FY15(Mar)
- FHT : IPO Prospectus ; DPU : FY14 (1-Apr-14 to 30-Sep-14) = 3.04ct / 2.86ct if Exclude Top Up ; FY15 = 6.16ct (5.72ct if Exclude) ; Gearing = 41.7% ; NAV = $0.83 ; Listing on 14-Jul-14 2pm @ $0.88
- OUE C-REIT : IPO Prospectus ; DPU : FY14 = 5.44ct / 4.45ct if Exclude Income Support ; FY15 = 5.51ct (4.6ct if Exclude) ; Gearing = 42.3% ; NAV = $1.043 ; Listing on 27-Jan-14 2pm @ $0.88
- Saizen : 5-to-1 Unit Consolidation on 5-Nov-13
- Viva Industrial Trust : IPO Prospectus ; DPU : FY13 = 3.42ct (1-Jul-13 to 31-Dec-13) / 2.23ct if Exclude Income Support ; FY14 = 6.87ct (4.79ct if Exclude) ; FY15 = 7.03ct (5.19ct if Exclude) ; Gearing = 40.2% ; NAV = $0.74 ; Listing on 4-Nov-13 2pm @ $0.78
- MLT : Includes 0.2ct Divestment Gain for 8 Qs from Q114 (Jun13)
- SoilBuild Business Space REIT : IPO Prospectus ; DPU : FY13 = 4.37ct (1-Apr-13 to 31-Dec-13) / FY14 = 5.97ct ; Yield : FY13 = 7.47% / FY14 = 7.654% ; Gearing = 29.9% ; NAV = $0.80 ; Listing on 16-Aug-13 2pm @ $0.78
- OUE H-Trust : IPO Prospectus ; DPU : FY13 = 4.77ct (1-Apr-13 to 31-Dec-13) / FY14 = 6.57ct ; Yield : FY13 = 7.194% / FY14 = 7.466% ; Gearing = 33.2% ; NAV = $0.903 ; Listing on 25-Jul-13 2pm @ $0.78
- SPH REIT : IPO Prospectus ; DPU : FY13 (Aug) = 2.51ct (1-Mar-13 to 31-Aug-13) / FY14 (Aug) = 5.21ct ; Yield : FY13 = 5.578% / FY14 = 5.789% ; Gearing = 27.3% ; NAV = $0.88 ; Listing on 24-Jul-13 2pm @ $0.90
- MGCT : IPO Prospectus ; DPU : FY14 (Mar) = 5.24ct / FY15 (Mar) = 5.69ct ; Yield : FY14 = 5.634% / FY15 = 6.118% ; Gearing = 43% ; NAV = $0.91 ; Listing on 7-Mar-13 2pm @ $0.93
Shipping Trusts (non-REITs)
|
Trust |
Period |
DPU cts |
Mkt |
Yield |
NAV |
Assets Type |
|
FSL Trust |
Q3 – Sep14 |
0 |
$0.136 |
0.000% |
$0.400 |
Shipping Trust |
|
RickmersMaritime |
Q3 – Sep14 |
0.6 |
$0.290 |
11.201% |
$0.580 |
Shipping Trust |
NOTES :
- All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.3534:US$1 fm Yahoo Finance)
- Rickmers : 23% Payout
- 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 |
DPU cts |
Mkt |
Yield |
NAV |
Assets Type |
|
CitySpring Trust |
Q3 – Dec14 |
0.82 |
$0.545 |
6.018% |
$0.146 |
Infrastructure – Water + Gas + Power |
|
Keppel Infra Tr |
2H – Dec14 |
7.82 |
$1.070 |
7.308% |
$0.890 |
Energy (Incineration) + Water (NEWater) |
|
Ascendas-iTrust |
Q3 – Dec14 |
1.16 |
$0.855 |
5.427% |
$0.600 |
India – Industrial Park |
|
Indiabulls Trust |
2H – Mar14 |
0.0162 |
$0.106 |
0.298% |
$0.341 |
India – Office |
|
HPH Trust USD |
2H – Dec13 |
22.3 |
$0.715 |
7.397% |
HK$7.23 |
Ports – HK + China |
|
Forterra Trust |
1H – Jun14 |
— |
$2.240 |
0.000% |
$3.840 |
China – Retail + Office + Industrial |
|
Perennial CRT |
Q3 – Sep14 |
0.95 |
$0.535 |
7.047% |
$0.750 |
China Retail |
|
Religare Htrust |
1H – Sep14 |
3.61 |
$1.030 |
7.010% |
$0.867 |
India – Healthcare |
|
Croesus Rtrust |
Q1 – Sep14 |
2.08 |
$0.945 |
8.730% |
Y72.57 |
Japan – Retail (7) |
|
Asian Pay TV Tr |
1H – Jun14 |
4.12 |
$0.910 |
9.066% |
$0.900 |
Taiwan PayTV |
|
Accordia Golf Tr |
FY15 (Mar) – IPO |
6.8 |
$0.770 |
8.831% |
$0.921 |
Japan Golf Courses – 89 |
NOTES :
- a-iTrust : Above DPU is based on 90% Payout ; DPU Not Paid as Semi-Annual Payout Policy
- KIT : 1H14 DPU Payout = 3.13ct ; 2H14 DPU Payout = 4.69ct ; Above Table Uses 2H13 + 1H14 DPU = 7.82ct to Calculate Yield
- CroesusRT : Exchange Rate Y100 = S$1.1504 ; Annualised DPU = 8.25ct
- APTT : Above Yield uses DPU = 8.25ct ie 1H14 = 4.12ct + 2H13 = 4.13ct ; Quarterly DPU Payout from Q314 ; Q314 = 2ct ; Reaffirmed Q414 = 2.13ct
- PCRT : Annualised Yield = 3.77ct ; Semi-Annual Dividend Payout Policy but will pay Q3 due to Conditional Offer by St James (now known as Perennial Real Estates Hldgs)
- Accordia Golf Trust : IPO Prospectus ; DPU : FY15 (1-Aug-14 to 31-Mar-15) = 6.2ct / Annualised = 6.8ct (Excl. Non-Recurring) – Used in Above Yield Computation or 8.8ct (Incl Non-Recurring) ; Gearing & NAV Computed Using IPO Prospectus Figures ; Listing on 1-Aug-14 2pm @ $0.97
- HPH Trust : DPU in HK$ ; Mkt Price in US$ ; Yield Computed Using Latest Exchange Rate HK$7.7524:US$1 fm Yahoo Finance) ; Yield Computed Using 1H (Jun14) = HK18.7ct + 2H (Dec13) = HK22.3ct
- CitySpring : Guidance for FY15 DPU = 3.28ct ie 0.82ct / Q
- Indiabulls : No DPU Payout as Semi-Annual Policy
- Religare : DPU = 1.99ct (Q1) + 2.06ct (Q2) ; 1H DPU = 2.922ct if No Sponsor Waiver
- APTT : Prospectus ; IPO @ $0.97 ; FY13 DPU = 7.29ct Yield = 7.51% ; FY14 DPU = 8.25ct Yield = 8.51% ; List on 29-May-13 2pm
- Croesus : Prospectus ; IPO @ $0.93 ; FY14 DPU = 7.39ct Yield = 7.946% ; FY15 DPU = 7.49ct Yield = 8.054% ; Gearing = 43.7% ; List on 10-May-13 2pm
- Forterra (TCT) : No DPU Declared since 2H11 ; Last DPU = 5ct on 1H11
- Religare : Prospectus ; IPO @ $0.90 ; FY13 DPU = 4ct (1-Oct-12 to 31-Mar-13) Yield = 8.9% (Sponsor Waiver to DPU) / 6.42% (if no waiver) ; FY14 DPU = 8.17ct Yield = 9.1% (waiver) / 6.54% (no waiver) ; Gearing = 6.7%
- Indiabulls : Maiden DPU on 1H (sep12) Declared since Listing on 11-Jun-08
Performance – December 2014
STI +6.242% : 3365.15 (Dec-14) vs 3167.43 (2013)
Rank – Capital Gains
|
REIT |
Dec-14 |
Dec-13 |
Gain |
|
SuntecReit |
$ 1.960 |
$ 1.540 |
27.3% |
|
Fortune Reit HK$ |
$ 7.760 |
$ 6.240 |
24.4% |
|
CapitaRChina |
$ 1.615 |
$ 1.330 |
21.4% |
|
CapitaComm |
$ 1.755 |
$ 1.450 |
21.0% |
|
MCT |
$ 1.410 |
$ 1.190 |
18.5% |
|
First REIT |
$ 1.255 |
$ 1.060 |
18.4% |
|
MGCT |
$ 0.950 |
$ 0.840 |
13.1% |
|
MapletreeLog |
$ 1.185 |
$ 1.055 |
12.3% |
|
FCOT |
$ 1.415 |
$ 1.270 |
11.4% |
|
MIT |
$ 1.485 |
$ 1.335 |
11.2% |
|
Ascendasreit |
$ 2.380 |
$ 2.200 |
8.2% |
|
FrasersCT |
$ 1.895 |
$ 1.760 |
7.7% |
|
CapitaMall |
$ 2.040 |
$ 1.905 |
7.1% |
|
SPH REIT |
$ 1.040 |
$ 0.980 |
6.1% |
|
CDL Htrust |
$ 1.740 |
$ 1.640 |
6.1% |
|
AscottREIT |
$ 1.270 |
$ 1.205 |
5.4% |
|
Keppel DC REIT |
$ 0.975 |
$ 0.930 |
4.8% |
|
CLT |
$ 1.160 |
$ 1.115 |
4.0% |
|
OUE H-Trust |
$ 0.905 |
$ 0.875 |
3.4% |
|
K-REIT |
$ 1.220 |
$ 1.185 |
3.0% |
|
SB REIT |
$ 0.790 |
$ 0.770 |
2.6% |
|
VIT |
$ 0.795 |
$ 0.775 |
2.6% |
|
StarHill |
$ 0.800 |
$ 0.785 |
1.9% |
|
ParkwayLife Reit |
$ 2.380 |
$ 2.350 |
1.3% |
|
IREIT |
$ 0.890 |
$ 0.880 |
1.1% |
|
FHT |
$ 0.890 |
$ 0.880 |
1.1% |
|
OUE C-REIT |
$ 0.805 |
$ 0.800 |
0.6% |
|
AIMSAMPIReit |
$ 1.415 |
$ 1.430 |
-1.0% |
|
Cambridge |
$ 0.680 |
$ 0.690 |
-1.4% |
|
FE-HTrust |
$ 0.815 |
$ 0.840 |
-3.0% |
|
A-HTrust |
$ 0.680 |
$ 0.720 |
-5.6% |
|
SaizenREIT |
$ 0.860 |
$ 0.925 |
-7.0% |
|
Sabana REIT |
$ 0.940 |
$ 1.080 |
-13.0% |
|
LippoMapleT |
$ 0.340 |
$ 0.415 |
-18.1% |
NOTES :
- Not Adjusted for Rights or New Issues Which May Be at a Discount
- Dec-14: End Dec-14 Mkt Price
- Dec-13 : End Dec-13 Mkt Price
- Gain : Capital Gains = (Dec-14 Mkt Price – Dec-13 Mkt Price) / (Dec-13 Mkt Price)
- OUE C-REIT : Listed on 25-Jan-14 2pm @ $0.88
- FHT : Listed on 14-Jul-14 2pm @ $0.88
- IREIT Global : Listed on 13-Aug-14 2pm @ $0.88
- Keppel DC REIT : Listed on 11-Dec-14 2pm @ $0.93
Charities Contribution
Attention to Readers of Singapore REITs
Thank you for your kind support of our website. Year 2014 is coming to an end and this is the fourth year of our annual tradition to contribute back to our society. We have decided to donate our proceeds to the Children’s Aid Society.
| Charities and Programmes | ||||||
|
Total Contribution since 2011 : $1769.00
December 2014
REITs : Average Yield = 6.526%
|
REIT |
Period |
DPU cts |
Mkt |
Yield |
NAV |
Gearing |
Assets Type |
|
Viva Ind Tr |
Q3 – Sep14 |
1.687 |
$0.795 |
8.419% |
$0.748 |
45.70% |
Biz Park (77.6%) + Hotel (18.6%) + Logistics (3.8%) by Valuation |
|
Lippo Malls Tr |
Q3 – Sep14 |
0.690 |
$0.340 |
8.118% |
$0.415 |
28.30% |
Retail (Indonesia) – 16 |
|
AIMSAMP Cap Reit |
Q2 – Sep14 |
2.770 |
$1.415 |
7.830% |
$1.523 |
32.20% |
Industrial (26) |
|
SoilbuildBizREIT |
Q3 – Sep14 |
1.546 |
$0.790 |
7.828% |
$0.800 |
30.30% |
Business Park (2) + Industrial (6) |
|
Sabana REIT |
Q3 – Sep14 |
1.810 |
$0.940 |
7.638% |
$1.060 |
37.00% |
Industrial (22) |
|
IREIT Global |
FY14 – IPO |
3.330 |
$0.890 |
7.483% |
$0.780 |
33.20% |
Offices : Germany |
|
Ascendas-hTrust |
1H – Sep14 |
2.507 |
$0.680 |
7.374% |
$0.730 |
38.30% |
Hotels (12) : Australia (56%) + Singapore (20%) + Japan (15%) + China (9%) by NPI |
|
Cache Log Trust |
Q3 – Sep14 |
2.140 |
$1.160 |
7.319% |
$0.970 |
35.00% |
Industrial : Singapore (14) + Shanghai (1) |
|
Cambridge Ind Tr |
Q3 – Sep14 |
1.250 |
$0.680 |
7.293% |
$0.684 |
33.90% |
Industrial (49) |
|
OUE Htrust |
Q3 – Sep14 |
1.640 |
$0.905 |
7.249% |
$0.900 |
32.70% |
Hotel (69%) + Retail (31%) by Asset |
|
Saizen REIT |
2H – Jun14 |
3.100 |
$0.860 |
7.209% |
$1.140 |
38.00% |
Residential (Japan) – 137 |
|
Mapletree Ind Tr |
Q2 – Sep14 |
2.600 |
$1.485 |
7.003% |
$1.200 |
33.10% |
Industrial (85) |
|
OUE COMMERCIAL REIT |
Q3 – Sep14 |
1.400 |
$0.805 |
6.957% |
$1.050 |
39.80% |
Retail (10.9%) + Office (89.1%) by Revenue |
|
FHT |
FY14 – IPO |
3.040 |
$0.890 |
6.813% |
$0.830 |
41.70% |
Hotel (60.7%) + Serviced Apt (39.3%) |
|
Ascott Reit |
Q3 – Sep14 |
2.110 |
$1.270 |
6.646% |
$1.350 |
40.00% |
Serviced Apts (86) : AsiaPacific (65.7%) + Europe (34.3%) by Valuation |
|
Mapletree GCC Tr |
1H – Sep14 |
3.162 |
$0.950 |
6.638% |
$1.042 |
37.70% |
Retail + Office (China + HK) |
|
Keppel DC REIT |
FY15 – IPO |
6.360 |
$0.975 |
6.523% |
$0.870 |
27.80% |
Data Centres – 8 |
|
Far East HTrust |
Q3 – Sep14 |
1.320 |
$0.815 |
6.479% |
$0.976 |
31.40% |
Hotels (66.5%) + Serviced Apts (14.7%) + Commercial (18.8%) by Revenue |
|
First REIT |
Q3 – Sep14 |
2.020 |
$1.255 |
6.414% |
$0.970 |
32.90% |
Hospitals (10) + Hotel (Indonesia – 1) + Nursing Home (Singapore – 3) |
|
Mapletree Log Tr |
Q2 – Sep14 |
1.880 |
$1.185 |
6.346% |
$0.950 |
33.30% |
Industrial (113) |
|
StarhillGbl Reit |
Q3 – Sep14 |
1.270 |
$0.800 |
6.300% |
$0.920 |
29.10% |
Retail (86.4%) + Office (13.0%) by Revenue |
|
Frasers Com Tr |
Q4 – Sep14 |
2.215 |
$1.415 |
6.198% |
$1.590 |
37.10% |
Office + Retail (4) |
|
Ascendas Reit |
1H – Sep14 |
7.300 |
$2.380 |
6.134% |
$2.070 |
32.60% |
Industrial : Singapore (104) + China (2) |
|
Keppel Reit |
Q3 – Sep14 |
1.850 |
$1.220 |
6.016% |
$1.390 |
42.10% |
Offices : Singapore (5) + Australia (5) |
|
CDL Htrust |
Q3 – Sep14 |
2.610 |
$1.740 |
5.954% |
$1.600 |
30.20% |
Hotels : Singapore (77.1%) + Australia (10.5%) + NZ (4.5%) + Maldives (7.9%) by Valuation |
|
Frasers Cpt Tr |
Q4 – Sep14 |
2.785 |
$1.895 |
5.903% |
$1.850 |
29.30% |
Retail (6) + 31.17% of Hektar (MREIT) |
|
CapitaR China Tr |
Q3 – Sep14 |
2.350 |
$1.615 |
5.771% |
$1.470 |
30.80% |
Retail (China) – 10 |
|
Mapletree Com Tr |
Q2 – Sep14 |
1.970 |
$1.410 |
5.589% |
$1.160 |
38.00% |
Retail + Office |
|
Fortune Reit HKD |
1H – Jun14 |
20.880 |
$7.760 |
5.381% |
$10.990 |
31.20% |
Retail (HK) – 17 |
|
SPHREIT |
Q4 – Aug14 |
1.390 |
$1.040 |
5.346% |
$0.930 |
26.00% |
Retail (2) |
|
CapitaMall Trust |
Q3 – Sep14 |
2.720 |
$2.040 |
5.289% |
$1.760 |
34.10% |
Retail (16) + Office |
|
ParkwayLife Reit |
Q3 – Sep14 |
2.900 |
$2.380 |
4.874% |
$1.600 |
34.60% |
Hospitals + Nursing Homes = 47 |
|
CapitaCom Trust |
Q3 – Sep14 |
2.100 |
$1.755 |
4.786% |
$1.670 |
30.20% |
Office (66%) + Retail (20%) + Hotel (14%) by Gross Rental Income |
|
Suntec Reit |
Q3 – Sep14 |
2.328 |
$1.960 |
4.758% |
$2.033 |
34.40% |
Retail + Office |
NOTES :
- Mkt Price is as on 31-Dec-14
- 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
- FortuneREIT : DPU Not Paid as Semi-Annual Payout Policy
- Saizen : DPU Not Paid as Semi-Annual Payout Policy
- AscottREIT : DPU Not Paid as Semi-Annual Payout Policy
- OUE C-Trust : DPU Not Paid as Semi-Annual Payout Policy
- CDL H-Trust : DPU Annualised DPU = 10.36ct ; DPU Not Paid as Semi-Annual Payout Policy
- CRCT : Annualised DPU = 9.32ct ; DPU Not Paid as Semi-Annual Payout Policy
- MGCCT : Annualised DPU = 6.306ct
- FCT : Above Yield is Computed using last 4Qs DPU = 11.187ct ie 2.5ct (Dec13) + 2.785ct (Sep14) + 3.022ct (Jun14) + 2.88ct (Mar14)
- CLT : Annualised DPU = 8.49ct
- Cambridge : Annualised DPU = 4.959ct
- SB REIT : Annualised DPU = 6.184ct
- Suntec : Annualised DPU = 9.326ct ; Includes Capital = 0.04ct
- VIT : Annualised DPU = 6.693ct
- FCOT : Annualised DPU = 8.77ct
- FirstREIT : Annualised DPU = 8.05ct
- CMT : Annualised DPU = 10.79ct
- Sabana : Annualised DPU = 7.18ct
- A-HTrust : DPU Not Paid as Semi-Annual Payout Policy
- 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
- StarHill Global : Annualised DPU = 5.01ct
- A-REIT : DPU Semi-Annual Payout Policy fm FY15(Mar)
- Keppel REIT : Annualised DPU = 7.62ct
- FHT : IPO Prospectus ; DPU : FY14 (1-Apr-14 to 30-Sep-14) = 3.04ct / 2.86ct if Exclude Top Up ; FY15 = 6.16ct (5.72ct if Exclude) ; Gearing = 41.7% ; NAV = $0.83 ; Listing on 14-Jul-14 2pm @ $0.88
- PLife : Annualised DPU = 11.28ct
- OUE C-REIT : IPO Prospectus ; DPU : FY14 = 5.44ct / 4.45ct if Exclude Income Support ; FY15 = 5.51ct (4.6ct if Exclude) ; Gearing = 42.3% ; NAV = $1.043 ; Listing on 27-Jan-14 2pm @ $0.88
- Saizen : 5-to-1 Unit Consolidation on 5-Nov-13
- Viva Industrial Trust : IPO Prospectus ; DPU : FY13 = 3.42ct (1-Jul-13 to 31-Dec-13) / 2.23ct if Exclude Income Support ; FY14 = 6.87ct (4.79ct if Exclude) ; FY15 = 7.03ct (5.19ct if Exclude) ; Gearing = 40.2% ; NAV = $0.74 ; Listing on 4-Nov-13 2pm @ $0.78
- MLT : Includes 0.2ct Divestment Gain for 8 Qs from Q114 (Jun13)
- SoilBuild Business Space REIT : IPO Prospectus ; DPU : FY13 = 4.37ct (1-Apr-13 to 31-Dec-13) / FY14 = 5.97ct ; Yield : FY13 = 7.47% / FY14 = 7.654% ; Gearing = 29.9% ; NAV = $0.80 ; Listing on 16-Aug-13 2pm @ $0.78
- OUE H-Trust : IPO Prospectus ; DPU : FY13 = 4.77ct (1-Apr-13 to 31-Dec-13) / FY14 = 6.57ct ; Yield : FY13 = 7.194% / FY14 = 7.466% ; Gearing = 33.2% ; NAV = $0.903 ; Listing on 25-Jul-13 2pm @ $0.78
- SPH REIT : IPO Prospectus ; DPU : FY13 (Aug) = 2.51ct (1-Mar-13 to 31-Aug-13) / FY14 (Aug) = 5.21ct ; Yield : FY13 = 5.578% / FY14 = 5.789% ; Gearing = 27.3% ; NAV = $0.88 ; Listing on 24-Jul-13 2pm @ $0.90
- MGCT : IPO Prospectus ; DPU : FY14 (Mar) = 5.24ct / FY15 (Mar) = 5.69ct ; Yield : FY14 = 5.634% / FY15 = 6.118% ; Gearing = 43% ; NAV = $0.91 ; Listing on 7-Mar-13 2pm @ $0.93
Shipping Trusts (non-REITs)
|
Trust |
Period |
DPU cts |
Mkt |
Yield |
NAV |
Assets Type |
|
FSL Trust |
Q3 – Sep14 |
0 |
$0.102 |
0.000% |
$0.400 |
Shipping Trust |
|
RickmersMaritime |
Q3 – Sep14 |
0.6 |
$0.280 |
11.322% |
$0.580 |
Shipping Trust |
NOTES :
- All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.3209:US$1 fm Yahoo Finance)
- Rickmers : 23% Payout
- 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 |
DPU cts |
Mkt |
Yield |
NAV |
Assets Type |
|
CitySpring Trust |
Q2 – Sep14 |
0.82 |
$0.530 |
6.189% |
$0.192 |
Infrastructure – Water + Gas + Power |
|
Keppel Infra Tr |
1H – Jun14 |
7.82 |
$1.065 |
7.343% |
$0.930 |
Energy (Incineration) + Water (NEWater) |
|
Ascendas-iTrust |
1H – Sep14 |
2.4 |
$0.820 |
5.854% |
$0.620 |
India – Industrial Park |
|
Indiabulls Trust |
2H – Mar14 |
0.0162 |
$0.106 |
0.298% |
$0.341 |
India – Office |
|
HPH Trust USD |
2H – Dec13 |
22.3 |
$0.690 |
7.662% |
HK$7.23 |
Ports – HK + China |
|
Forterra Trust |
1H – Jun14 |
— |
$2.240 |
0.000% |
$3.840 |
China – Retail + Office + Industrial |
|
Perennial CRT |
Q3 – Sep14 |
0.95 |
$0.535 |
7.047% |
$0.750 |
China Retail |
|
Religare Htrust |
1H – Sep14 |
3.61 |
$1.000 |
7.220% |
$0.867 |
India – Healthcare |
|
Croesus Rtrust |
Q1 – Sep14 |
2.08 |
$0.925 |
8.919% |
Y72.57 |
Japan – Retail (7) |
|
Asian Pay TV Tr |
1H – Jun14 |
4.12 |
$0.860 |
9.593% |
$0.900 |
Taiwan PayTV |
|
Accordia Golf Tr |
FY15 (Mar) – IPO |
6.8 |
$0.750 |
9.067% |
$0.921 |
Japan Golf Courses – 89 |
NOTES :
- CroesusRT : Exchange Rate Y100 = S$1.1046 ; Annualised DPU = 8.25ct
- APTT : Above Yield uses DPU = 8.25ct ie 1H14 = 4.12ct + 2H13 = 4.13ct ; Quarterly DPU Payout from Q314 ; Q314 = 2ct ; Reaffirmed Q414 = 2.13ct
- PCRT : Annualised Yield = 3.77ct ; Semi-Annual Dividend Payout Policy but will pay Q3 due to Conditional Offer by St James (now known as Perennial Real Estates Hldgs)
- a-iTrust : Above DPU is based on 90% Payout
- Accordia Golf Trust : IPO Prospectus ; DPU : FY15 (1-Aug-14 to 31-Mar-15) = 6.2ct / Annualised = 6.8ct (Excl. Non-Recurring) – Used in Above Yield Computation or 8.8ct (Incl Non-Recurring) ; Gearing & NAV Computed Using IPO Prospectus Figures ; Listing on 1-Aug-14 2pm @ $0.97
- HPH Trust : DPU in HK$ ; Mkt Price in US$ ; Yield Computed Using Latest Exchange Rate HK$7.7552:US$1 fm Yahoo Finance) ; Yield Computed Using 1H (Jun14) = HK18.7ct + 2H (Dec13) = HK22.3ct
- KIT : 1H14 DPU Payout = 3.13ct ; 2H13 DPU Payout = 4.69ct ; Above Table Uses 2H13 + 1H14 DPU = 7.82ct to Calculate Yield
- CitySpring : Guidance for FY15 DPU = 3.28ct ie 0.82ct / Q
- Indiabulls : No DPU Payout as Semi-Annual Policy
- Religare : DPU = 1.99ct (Q1) + 2.06ct (Q2) ; 1H DPU = 2.922ct if No Sponsor Waiver
- APTT : Prospectus ; IPO @ $0.97 ; FY13 DPU = 7.29ct Yield = 7.51% ; FY14 DPU = 8.25ct Yield = 8.51% ; List on 29-May-13 2pm
- Croesus : Prospectus ; IPO @ $0.93 ; FY14 DPU = 7.39ct Yield = 7.946% ; FY15 DPU = 7.49ct Yield = 8.054% ; Gearing = 43.7% ; List on 10-May-13 2pm
- Forterra (TCT) : No DPU Declared since 2H11 ; Last DPU = 5ct on 1H11
- Religare : Prospectus ; IPO @ $0.90 ; FY13 DPU = 4ct (1-Oct-12 to 31-Mar-13) Yield = 8.9% (Sponsor Waiver to DPU) / 6.42% (if no waiver) ; FY14 DPU = 8.17ct Yield = 9.1% (waiver) / 6.54% (no waiver) ; Gearing = 6.7%
- Indiabulls : Maiden DPU on 1H (sep12) Declared since Listing on 11-Jun-08