Cache Logistics Trust – Getting Ready to Acquire Blackstone's Australia Portfolio

Most Likely Acquisition Targets Among Singapore Reits. Bottom-Up, Actionable Analysis

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

Equity Bottom-Up

Sabana Industrial REIT / Equity Bottom-Up

In this insight, we look at six industrial REITs listed on the SGX, namely: <ul><li>AIMS AMP Capital Industrial REIT</li><li>Cache Logistics Trust</li><li>Cambridge Industrial Trust</li><li>Soilbuild Business Space REIT</li><li>Viva Industrial Trust; and</li><li>Sabana Shari'ah Compliant Industrial REIT</li></ul>In this insight, we look at the REITs recent financial performance and compare it with the previous quarter. We examine private warehouse supply and demand data in Singapore and forecast vacancy rates. Finally, we look at quarterly cumulative revaluation gains/losses reported by these REITs since 2012.2H 2015 was the first time in the last few years which saw a cumulative revaluation loss. We believe that 2017 will be a very challenging year for these REITs and we will likely see more revaluation losses in 2016 and 2017.

In this insight, we look at six industrial REITs listed on the SGX, namely: AIMS AMP Capital Industrial REITCache Logistics TrustCambridge Industrial TrustSoilbuild Business Space REITViva Industrial Trust; andSabana Shari'ah Compliant Industrial REITIn this insight, we look at the REITs recent financial performance and compare it with the previous quarter. We examine private warehouse supply and demand data in Singapore and forecast vacancy rates. Finally, we look at quarterly cumulative revaluation gains/losses reported by these REITs since 2012.2H 2015 was the first time in the last few years which saw a cumulative revaluation loss. We believe that 2017 will be a very challenging year for these REITs and we will likely see more revaluation losses in 2016 and 2017.

Soilbuild Business Space REIT (SBREIT SP)

Singapore Industrial REITs - Cracks Emerging