REIT-TIREMENT - REITs Investing & Personal Finance

A blog about REITs investment & personal finance

Thursday, December 03, 2020

Singapore Retail Focused REITs Comparison @ 3 December 2020

Previously I've shared about China Retail Focused REITs/BizTrust Comparison, this time, let's compare Singapore retail focused REITs. MCT and Suntec are excluded as both are focus on the office sector. For the previous comparison, please refer here.

* Growth Trend for DPU is not adjusted for any equity fundraising.

Below is the summary for REIT with more favorable points by categories:
1) Basic Profile & Key Statistics - CICT
2) Related Parties Shareholding - FCT, LREIT & SPH
3) Lease Profile - SPH
4) Debt Profile - CICT & LREIT
5) Diversification - CICT, SPH & SGREIT
6) Key Financial Metrics - LREIT
7) Growth Trend - CICT
8) Overall - CICT, followed by a tie between LREIT & SPH


How about relative valuation?

For relative valuation, SGREIT is more favorable.

Above is just a quick comparison, you could refer to more detail on the individual analysis below:

For more information, you could refer to:

SREITs Dashboard - Detailed information on individual Singapore REIT

SREITs Data - Overview of Singapore REIT

REIT Analysis - List of previous REIT analysis posts

REIT Investing Community - Facebook Group where members share and discuss REIT topic


*Disclaimer: Materials in this blog are based on my research and opinion which I don't guarantee accuracy, completeness, and reliability. It should not be taken as financial advice or a statement of fact. I shall not be held liable for errors, omissions as well as loss, or damage as a result of the use of the material in this blog. Under no circumstances does the information presented on this blog represent a buy, sell, or hold recommendation on any security, please always do your own due diligence before any decision is made.

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