In today’s briefing:
- SEA Ltd: The Prodigal Son (2Q deep-dive)
- REIT Watch – Singapore-based office S-Reits resilient despite concerns sparked by WeWork
SEA Ltd: The Prodigal Son (2Q deep-dive)
- Forrest Li: “Look How They Massacred My Boy” When CEO Forrest Li announced SEA Ltd’s Q2 results in mid-August, he was probably expecting a pat on the back.
- After all, the team at SEA Ltd had slogged through fire and brimstone over the past year trying to bring the company back to profitability.
- After all, the team at SEA Ltd had slogged through fire and brimstone over the past year trying to bring the company back to profitability.
REIT Watch – Singapore-based office S-Reits resilient despite concerns sparked by WeWork
- Singapore-based office S-Reits resilient despite concerns sparked by WeWork However, Singapore-listed real estate investment trusts (S-Reits) are showing signs of resiliency in their office portfolios.
- Suntec Reit’s Singapore office portfolio recorded year-on-year growth in both gross revenue and net property income for H1 FY2023 by 8.1 per cent and 1.1 per cent respectively, citing higher occupancy and rent at its Suntec City Office and One Raffles Quay.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
