Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Thematic (Sector/Industry)

<p>The numbers are in; industrial S-REITs/Trusts ("SREITs") have reported their most recent quarterly results. In this piece, we look at the mid-sized industrial SREITs' 2016 financial performance and compare the figures to that of 2015. From the results, it is clear that headwinds in the sector have not left any unscathed. </p>

The numbers are in; industrial S-REITs/Trusts ("SREITs") have reported their most recent quarterly results. In this piece, we look at the mid-sized industrial SREITs' 2016 financial performance and compare the figures to that of 2015. From the results, it is clear that headwinds in the sector have not left any unscathed. 

SREIT M&A Season; Is The Writing on the Wall?

Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Asia's Leading Online Property Group

PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

<p>2016 was an interesting year for the Executive Condominium (EC) market, with a number of projects doing extremely well due to its sound fundamentals. While the glut of units in the market has been reduced, more time is needed for the current supply to be absorbed: </p><ul><li>The supply of ECs has tapered to deal with oversupply and a high vacancy rate.</li><li>Prices remained weaker in 2016, which contributed to the recovery in transaction volumes.</li><li>Long term, ECs continue to see decent capital appreciation for homeowners.</li><li>There are two likely EC launches in 2017, one in Choa Chu Kang, the other in Yio Chu Kan</li></ul>

2016 was an interesting year for the Executive Condominium (EC) market, with a number of projects doing extremely well due to its sound fundamentals. While the glut of units in the market has been reduced, more time is needed for the current supply to be absorbed: The supply of ECs has tapered to deal with oversupply and a high vacancy rate.Prices remained weaker in 2016, which contributed to the recovery in transaction volumes.Long term, ECs continue to see decent capital appreciation for homeowners.There are two likely EC launches in 2017, one in Choa Chu Kang, the other in Yio Chu Kan

Singapore Residential - Tightened Supply for ECs in 2017

Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

<p>According to the latest URA Statistics, the downturn in Singapore's Private Residential Property continues. The Private Residential Property Price Index (RPPI) decreased by 0.5% in 4th quarter 2016, rent by 1.0% and vacancy rate was up by 0.3 percentage points. The RPPI is in its 13th consecutive quarters of decline, the longest downturn since the early 2000s.  Year on year, the RPPI has decreased by a mere 3.1%,  a far cry from the massive price drop that many analysts were forecasting. </p><p>A…</p>

According to the latest URA Statistics, the downturn in Singapore's Private Residential Property continues. The Private Residential Property Price Index (RPPI) decreased by 0.5% in 4th quarter 2016, rent by 1.0% and vacancy rate was up by 0.3 percentage points. The RPPI is in its 13th consecutive quarters of decline, the longest downturn since the early 2000s.  Year on year, the RPPI has decreased by a mere 3.1%,  a far cry from the massive price drop that many analysts were forecasting. A…

What's up in the Residential Property Market?

<p>Latest statistics from the Urban Redevelopment Authority points to a dismal office sector, overall office prices decreased 0.6% quarter-on-quarter, rental down by 1.8% and vacancy rate increased by 0.7 percentage point to reach 11.1% as at end of 4th quarter 2016. </p><p>The key statistics are as follows:</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/019/789/original/URA%20Overall.JPG?1485398047" class="editor-image img-responsive" data-smartkarma-image-id="19789"></figure><div style="text-align: left;" class="content-caption">Source: URA</div><h2>Office Price Index and Office Rental Index</h2><p>To many, it seems weird that the Office Price Index is holding up pretty well compared with the fall in the Office Rental Index. The key reason is…</p>

Latest statistics from the Urban Redevelopment Authority points to a dismal office sector, overall office prices decreased 0.6% quarter-on-quarter, rental down by 1.8% and vacancy rate increased by 0.7 percentage point to reach 11.1% as at end of 4th quarter 2016. The key statistics are as follows:Source: URAOffice Price Index and Office Rental IndexTo many, it seems weird that the Office Price Index is holding up pretty well compared with the fall in the Office Rental Index. The key reason is…

<div><h2>Private Residential Primary Sales Status (Excluding Executive Condominiums)</h2></div><p>Singapore primary home sales declined for consecutive two months in December. Developers sold a total of 367 units of new homes, a decline of 57% month-on-month and 4% year-on-year (see Figure 1). December ranked the third worst sale month in 2016, after January and February. The lower number of units sold is expected as developers held back from launching new projects for sale during the month. </p><p>For the whole of 2016…</p>

Private Residential Primary Sales Status (Excluding Executive Condominiums)Singapore primary home sales declined for consecutive two months in December. Developers sold a total of 367 units of new homes, a decline of 57% month-on-month and 4% year-on-year (see Figure 1). December ranked the third worst sale month in 2016, after January and February. The lower number of units sold is expected as developers held back from launching new projects for sale during the month. For the whole of 2016…

Singapore Primary Home Sales Declined 57% in December

Singapore

IREIT Global is the first Singapore-listed real estate investment trust with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is used primarily for office, retail and industrial (including logistics) purposes, as well as real estate-related assets.

IREIT Global’s current portfolio comprises 5 freehold office properties in Germany, 5 freehold office properties in Spain and 27 freehold retail properties in France, with a total lettable area of approximately 384,000 sqm and a portfolio valuation of approximately €974.9 million.

IREIT Global is managed by IREIT Global Group Pte. Ltd., which is jointly owned by Tikehau Capital and City Developments Limited ("CDL"). Tikehau Capital is a global alternative asset management group listed in France, while CDL is a leading global real estate company listed in Singapore.

Sabana Industrial Real Estate Investment Trust is a real estate investment trust. The Trust focuses on investments in income-producing real estate used for industrial purposes in Asia, as well as real estate-related assets, in line with Sabana investment principles.

Frasers Hospitality Trust operates as a real estate investment trust. The Trust owns, operates and invests in hotels and serviced residences.

BHG Retail REIT is a real estate investment trust (REIT) in Singapore.

EC World Real Estate Investment Trust (EC World REIT) is the first Chinese specialised logistics and e-commerce logistics REIT listed on SGX-ST. 

It has a portfolio of quality properties located predominantly in one of the largest e-commerce clusters in the Yangtze River Delta which offers investors unique exposure to the logistics and e-commerce sectors in Hangzhou and Wuhan, China.
  
EC World REIT’s investment strategy is to invest principally, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for e-commerce, supply-chain management and logistics purposes, as well as real estate-related assets, with an initial geographical focus on the PRC. 

EC World REIT is listed in several indices. These include the FTSE ASEAN All-Share Index, FTSE ST All-Share Index, FTSE ST China Index and FTSE ST Singapore Shariah Index. For more information, please visit: http://www.ecwreit.com/ 

EC World REIT is managed by EC World Asset Management Pte. Ltd., which is an indirect wholly-owned subsidiary of the Sponsor – Forchn Holdings Group Co., Ltd.

Keppel Pacific Oak US REIT operates as a real estate investment trust with properties located in the United States. The Company invests in a diversified portfolio of income-producing commercial and real estate assets in key growth markets of the US.

Manulife US REIT is a Singapore listed REIT established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States, as well as real estate-related assets.

Lippo Malls Indonesia Retail Trust is a real estate investment trust that invests in malls and other retail locations.

Lippo Malls Indonesia Retail Trust (LMRT SP)

AIMS APAC REIT is a real estate investment trust. The Trust's principal investment objective is owning and investing in a diversified portfolio of income-producing industrial real estate assets throughout Asia Pacific, including warehousing and logistics, manufacturing, business parks and hi-tech spaces.

Hong Fok Corporation Limited is an investment holding company whose principal activities consist of property investment, property development, property management, and investment trading.

Cathay No. 2 REIT is a property trust established in Taiwan as a standalone unit trust fund and constituted by a trust deed. The Trust owns and leases a portfolio of office properties in Taipei.

CTO Realty Growth, Inc. operates as a real estate investment trust. The Company invests in income producing properties to generate predictable cash flows and having a diversified portfolio of income properties. CTO Realty Growth serves customers in the United States.

Hotel Property Investments owns a portfolio of properties.  The Company's properties consist of pubs, detached bottle shops and other on-site specialty stores, which are used to generate capital returns for its security holders. Hotel Property Investment's properties are located throughout Queensland and South Australia.

Tosei Reit Investment Corporation is a real estate investment trust(REIT). The Company mainly invests in office buildings and commercial facilities in Tokyo area.

Starts Proceed Investment Corp is a real estate investment trust (J-REIT) which invests in securitized real estate products.  The Company invests in lease real estate properties, short-term leasing apartments, and special feature business hotel.

Starts Proceed Investment Corporation (8979 JP)

Chatham Lodging Trust is a self-advised hotel investment company. The Company invests in upscale extended-stay, select-service, and full service hotels. Chatham's properties are located in major markets with high barriers to entry, near primary demand generators for both business and leisure guests.

CapitaLand Malaysia Mall Trust is a real estate investment trust.  The trust, located in Malaysia, makes long-term investments in income-producing real estate primarily used for retail purposes.

CapitalLand Malaysia Mall Trust (CMMT MK)

Sunlight Real Estate Investment Trust is a real estate investment trust that invests in a portfolio of office and retail properties throughout Hong Kong.

Spring Real Estate Investment Trust is a real estate investment trust formed primarily to own and invest in high quality income-producing real estate in Asia.

Custodian REIT plc is a real estate investment trust. The Company invests in commercial properties, including industrial, retail and office properties throughout the United Kingdom.

First Real Estate Investment Trust is a healthcare real estate investment trust. The Trust invests in and owns a diversified portfolio of healthcare and healthcare-related real-estate assets in Asia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

First REIT (FIRT SP)

SREIT M&A Season; Is The Writing on the Wall?

The numbers are in; industrial S-REITs/Trusts ("SREITs") have reported their most recent quarterly results. In this piece, we look at the mid-sized...

Crispin Francis

Singapore Residential - Tightened Supply for ECs in 2017

2016 was an interesting year for the Executive Condominium (EC) market, with a number of projects doing extremely well due to its sound...

PropertyGuru

What's up in the Residential Property Market?

According to the latest URA Statistics, the downturn in Singapore's Private Residential Property continues. The Private Residential Property Price...

TAN Kok Keong

Who Can Fill in the Empty Office Spaces?

Latest statistics from the Urban Redevelopment Authority points to a dismal office sector, overall office prices decreased 0.6% quarter-on-quarter,...

TAN Kok Keong

Singapore Primary Home Sales Declined 57% in December

Private Residential Primary Sales Status (Excluding Executive Condominiums)Singapore primary home sales declined for consecutive two months in...

TAN Kok Keong

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)