Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

10 Questions for Elite Commercial REIT
Company Overview Elite Commercial REIT is established with the investment strategy of principally investing, directly or indirectly, in commercial assets and real estate-related assets in the United Kingdom (UK). Elite Commercial REIT has a portfolio of 155 predominantly freehold quality commercial buildings across the UK, with a total net internal area of approximately 3.9 million square feet. The REIT’s sponsors include Elite Partners Holdings, Ho Lee Group and Sunway RE Capital. Link to StockFacts company page

Describe Elite Commercial REIT’s recent financial performance for its first year since listing.


Elite Commercial REIT reported a strong set of results for the period from 6 Feb 2020 to 31 Dec 2020, outperforming IPO forecast with higher distributable income to unitholders and Distribution Per Unit (DPU).
Despite the challenging environment and economic uncertainty arising from the COVID-19 pandemic and Brexit, the REIT is well supported by stable cashflows backed by its AA-rated tenant, the UK Government with its uniquely counter-cyclical operations of the Department for Work and Pensions (DWP). As a result, the REIT achieved a distributable income to unitholders of £14.8 million and DPU of 4.44 pence, which is 2.1% and 2.3% higher than IPO forecasts, respectively.
There was also an uplift in portfolio valuation with a fair value gain of investment properties of £15.9 million, reflecting the underlying intrinsic value of the properties.



10 in 10 with Elite Commercial REIT - Landlord to the UK Government