Suntec reit suntec has a portfolio of office and retail properties in singapore and australia. View daily, weekly or monthly formats back to when suntec reit stock was issued. At invest fair 2015, we will bring together renowned worldclass speakers, key stakeholders and experts and investors in the region to steer the financial industry in the new direction and be at the forefront of movements that impact the regional financial market. Suntec reit has acquired about 61,500 sq ft of suntec city stratatitled office space, but is likely to put such growth on hold given todays business climate, mr yeo said. Welcome to my investment blog where i share with you my analysis of reits in singapore. Suntec reit received top for its suntec city mall phase 3 aei in feb this year, and most tenants are carrying out fitout works now. Suntec city welcomes a greatly varied mix of people. List of suntec job fair sale events, promotions, price list and other happenings in singapore. Its portfolio comprises office and retail properties in singapore and australia. The trust invests in incomeproducing real estate that is primarily used for retail andor office purposes. Suntec real estate investment trust suntec reit has reported lower distribution income for the quarter ended september 30, 2010, compared to the yearago period, and expects to face ongoing challenges in the office and retail sectors even amidst a recovery there.
We, like all sellside analysts, were blindsided by suntecs past performance and missed the 30% share price rally in 2017. It show 2015 will be held from 19 march to 22 march 2015 at suntec convention centre, level 4 and level 6, 12pm to 9pm daily. Perhaps youre a music fanatic looking for a great concert to liven up your night or are a visitor due in town to attend a conference heres our calendar of events to guide you through the coming months. Suntec real estate investment trust is a singaporebased company, which is engaged in investing in income producing real estate and real estate related assets, which are used for office and retail purposes. Listed on 9 december 2004 on the main board of the singapore exchange securities trading limited sgxst, suntec real estate investment trust suntec reit is the first composite reit in singapore. For the past two weeks, suntec reit rebounded strongly without any deep pullback. Do enjoy reading my blog and post any comments that you.
I believe the reason why keppel reit trades at a premium is because of the higher gearing ratio and leverage employed. They have just reported their results which are quite good as there is an improvement from the previous quarter. Find out what events are coming to suntec singapore convention centre in the next few months. Suntec reit annual report 2014 by razorshark design issuu. Whether youre a local, new in town, or just passing through, youll be sure to find something on eventbrite that piques your interest. I hope that my investment philosophy will bring me a steady stream of income apart from my job. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Singapore, 4 june 2015 the singapore book fair 2015 will be held at the suntec singapore international convention and exhibition centre, exhibition hall 401 402 from 3 to 9 june 2015. Singapore book fair 2015 showcases leading publishers in asia. There were three new reit listings in singapore in 2016 ec world reit, fraser logistics and industrial trust and manulife reit. The 3 high level metrics when picking good quality.
Tbilisi international book fair georgian publishers and. The reit is generally wellknown among investors as it owns one of the most prominent shopping centres in singapore. Despite the fact that phase 3 will be opening soon, the committed occupancy rate stands at 80%, although this is an improvement from the 70. According to suntec reit, its office portfolio continued to enjoy positive rental reversion during the quarter. Generally, it is relatively safe to sit on the short side. His investment articles have also been published on the business times btinvest section and. It will be relatively safe to short on rebound when bulls used up their energy.
While book values will probably be lifted, asset management fees could also. Suntec reit holds a 100% interest in a commercial building located at 177 pacific highway, sydney, a 50. List of suntec book fair sale events, promotions, price list and other happenings in singapore. Despite suntec reit went up yesterday, it was not able to. By the organizer of georgian publishers and booksellers association, this fair will be different from former festivals. The office segment comprises of suntec city, park mall, and pacific highway. Tbilisi international book fair is an event of big tradition organized by georgian publishers and booksellers association since 1997. Keppel reit has rental support for ofc, mbfc and one raffles quay which might make the cap rate less accurate.
All content on is for your general information and use only and is not intended to address your particular requirements. However, we believe the rally can be sustained from current levels, as we now have greater confidence in ceo, mr. News, information and data on singapore reits and trusts. Tbilisi international book fair traditionally will be held at expo georgia on 2831 may. The main reason why oue creit trades at a discount to book is due to the discount over fair value that oue and lippo china resources offer to sell to oue creit. This aei took place in 3 phases and over a span of years. Suntec real estate investment trust is a singaporebased company, which is engaged in investing in income producing real estate and real estate related assets, which are used for commercial purposes, with the primary objective of achieving returns from rental income and for longterm capital growth. We live, this years singapore book fair, organised by singapore press. Suntec market news singapore office space investment. Its most prominent asset is suntec city, which comprises four office towers, a retail mall, and a convention centre, located close to the city area of singapore. This calendar is not an exhaustive list of events happening in suntec singapore. Suntec reit is one of the largest reits in singapore with only singapore assets. While we can make some assumptions on how they have performed, they have only been listed for approximately six months and this does not give a complete. Maybank kim eng research 20150701 real estate sector part 5.
Listed on dec 2004 on sgxst, suntec real estate investment trust t82u. Sasseur reit has reported a distribution per unit dpu of 1. All directors and employees of the manager are remunerated by the manager from the. Suntec real estate investment trust welcome to real.
What is of note is that, this entails letting go of their tenants, and resigning the tenants again in 3 different times. Suntec real estate investment trust engages in the ownership of incomeproducing real estate, which is primarily used for retail and office purposes. The firm operates through the following business segments. In 2011, suntec reit announced that they will be doing a massive asset enhancement to suntec city, to position the asset better. We believe suntec reits portfolio could be revalued higher at the end of the financial year. Suntec real estate investment trust is a commercial real estate investment trust. Covering 120,000 sq ft, the event serves as a perfect retail platform for leading publishers and distributors to come together, showcasing their products and services.