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Types of REITs in Singapore Market and The Breakdown of Key Financial Metrics

Types of REITs in Singapore Market and The Breakdown of Key Financial Metrics

REITs are collective property investment trusts that pool money to invest in properties. Investors can purchase units of a REIT through the stock exchange.

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Structure of how a REITs function:

REITs achieve separation of powers and duties by segregating the roles of ownership and management of the REIT assets between the Trustee and REIT Manager.

The trustee is responsible for the ownership and safe custody of the REIT’s assets. In exchange for providing the services, the trustee is paid a fee.  

The REIT manager is just like the chief executive officer(CEO) of any listed company. The REIT manager is a separate company set up to run the REIT. It is usually a wholly-owned or partly-owned subsidiary of a REIT’s sponsor.

The REIT manager has the authority to appoint Property Managers for each property managed by the REIT, whose role is to manage the day to day operations and maintenance of the property. Usually the property manager are often a subsidiary of the sponsor.

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How To Play OUE Commercial Reit Rights Issuance [Guest Post]

How To Play OUE Commercial Reit Rights Issuance [Guest Post]

This article, How To Play OUE Commercial Reit Rights Issuance was originally posted here. He is a user on InvestingNote, with username known as 3Fs.

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How To Play OUE Commercial Reit Rights Issuance

It’s been quite a while since we last had an M&A news that involves right issuance hence I think it is time to refresh our memory on how we can play this for interested parties.

The proposed acquisition this time is from their own sponsor, OUE Limited, with the acquisition of the OUE Downtown, which comprises of both 50-storey building Downtown 1 and 37-storey building Downtown 2, as well as some retail podium and carpark which they had not too long ago carried out an enhancement work.

The proposed acquisition is in the range of $908m, which is a slight discount from the independent valuer perspective, and together with some transaction and admin fee, it will total up to around $956m.

The funding will be made partly via borrowings of $361.6m while the rest of the $588m will be funded via equity rights issuance.

Is This A Good Acquisition?

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REITs To Riches (New eBook Launch)

REITs To Riches (New eBook Launch)

There’s a new book launched in our marketplace!

REITs To Riches, is written by one of our veteran community members and also a co-founder of Probutterfly.com, Tam Ging Wien. @gingwien

As part of a new launch, there’s a 30% OFF promotion for this ebook right now!

Simply key in the code RRNOW before purchase!

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For a limited time only!

The Essentials Of REITs Investing Workshop Recap

The Essentials Of REITs Investing Workshop Recap

We had our first workshop in our series yesterday, and we had full house!

Our featured presenter, Ging Wien @gingwien, who is one of our veteran community members and co-founder of Probutterfly.com, presented on the important things that every investor should know when investing in REITs. Attendees also learnt about important things even pro investors tend to miss out.

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Full attendance and attention!

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InvestingNote Workshop Series | 25th Jan 2018, 7 – 9pm

InvestingNote Workshop Series | 25th Jan 2018, 7 – 9pm

Hi everyone, our monthly workshop series is back! This time, it’s all about The Essentials Of REITS Investing.

Conducted by our veteran community member and co-founder of Probutterfly.com, Tam Ging Wien @gingwien, you will learn:

✔ Foundational understanding of REITs
✔ Characteristics of various real estate sectors
✔ How to perform financial evaluation on a REIT
✔ How to value and buy undervalued REITs
✔ How to hedge your REIT portfolio
✔ Common REIT investment traps and how to avoid them

During the sharing session, various case studies and Singapore-listed REIT examples will be used.

There will also be a Q&A and mingling session so that members of the community may engage in open dialog and discussions in order to deepen their understanding of REITs.

Ging Wien will offer sufficient breadth and depth to benefit both novice and seasoned investors alike. Get to mingle with other community members and Ging Wien as well.

Tickets are now on sale. Early bird tickets get a $6 OFF using this promo code: EARLYSIX

Early bird promotion is until 19th January and while stocks last. Limited seats only.

Register below now and come later!

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We’d see you there!

Mapletree Industrial Trust Purchases a Portfolio of 14 USA Data Centres

Mapletree Industrial Trust Purchases a Portfolio of 14 USA Data Centres

You got to hand it to these government linked REITs.

This post first appeared on InvestingNote and was written by our veteran community member, Kyith from Investmentmoats.com.

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A few years ago, Ascendas REIT (5.8% dividend yield on my dividend stock tracker) decides to go forth and venture south to the land of Australia. They went in big, by enlarging their short land lease portfolio by 25% with Australia freehold assets.

They were able to finance such a large acquisition with a combination of rights issue, preferred shares and debt. The net effect is that they managed to lengthen the average land lease of the portfolio, the WALE, added some rental escalation and diversified the geographical region.

Some time ago this year, Mapletree Industrial REIT (6% dividend yield) announced that they would like to expand their mandate to manage data centers.

This evening, Mapletree Industrial REIT announced that they will be purchasing 14 data centers in the USA from the Target Portfolio of Carter Validus Mission Critical REIT.

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