CapitaLand Ascendas REIT- This Industrial, Logistics cum Data Centres reit is trading at an an attractive price level

CapitaLand Ascendas REIT (CLAR), formerly known as Ascendas Real Estate Investment Trust, is Singapore’s first and largest listed Business Space and Industrial Real Estate Investment Trust (REIT). It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002.

CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets. As at 31 December 2022, it owns 228 properties across three key segment, namely, 1) Business Space and Life Science, 2) Logistics and 3) Industrial and Data Centres. 

CLAR's multi-asset portfolio is anchored by well-located quality properties across developed markets. As at 31 December 2022, 95 properties are located in Singapore, 36 properties in Australia, 48 properties in the United States and 49 properties in the United Kingdom/Europe.

These properties host a customer base of more than 1,600 international and local companies from a wide range of industries and activities, including data centres, information technology, engineering, logistics & supply chain management, biomedical sciences, financial services (back room office support), electronics, government and other manufacturing and services industries.

CapitaLand Ascendas REIT is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CapitaLand Ascendas REIT has an issuer rating of “A3” by Moody’s Investor Services.

CapitaLand Ascendas REIT is managed by CapitaLand Ascendas REIT Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asian foothold.

CapitaLand Ascendas REIT is listed on several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. CapitaLand Ascendas REIT has an issuer rating of ‘A3’ by Moody’s Investors Services. 

1) Properties located in Singapore are held directly by CapitaLand Ascendas REIT (except Galaxis which is held under a wholly owned subsidiary of CapitaLand Ascendas REIT).

Properties located in Australia are held through wholly owned subsidiaries of CapitaLand Ascendas REIT, and are managed by Ascendas Funds Management (Australia) Pty Ltd together with CapitaLand Australia Pty Ltd and third-party managing agents.

Properties located in the UK/Europe are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International Management (UK) Ltd together with third-party managing agents.

Properties located in the USA are held through wholly owned subsidiaries of CapitaLand Ascendas REIT and are managed by CapitaLand International (USA) LLC together with third-party managing agents.

Chart wise,she has been driven to an oversold territory! 

At 2.67, yield is about 5.9% . Estimating yearly dividend of 15.7 cents.

I think is quite a gd dividend yield to be included on my stocks portfolio. 

NAV is 2.37. Gearing below 40%.

Nibbled a bit at 2.65.

Not a call to buy or sell!

Please dyodd.

FY 2023 results: 

 

CapLand India trust- PO closing today 10 July at 5.30pm. New share credited on 18 July 2023

 PO results is out! 

The new share will be deposited on your account on 18th July.

The current price of 1.14 is trading higher than the PO price of 1.06.

I think many might have taken the opportunity to lock in profit!

Please dyodd.

PO officially closed at 5.30pm on 10th July 2023.

New share will be credited and start trading on 18th July.

First half year results cum dividend will be announced on 30th July before trading commence!

I have applied by rounding the share to even lot number.

All the best to those who has applied including excess!

Today share price close at 1.12. Looks like uptrend is still intact!

Please dyodd.

 Preferential Offering of share at 1.06 per unit.

PO exercise date from 30th June to 10th July

 5.30pm.

Every 1000 share you are entitled 119 unit of share. 

If you hold 5000 share, you are eligible to apply for 547 unit at 1.06 per share. 

You may choose to apply together with excess to make it an even lot number for example 600 share or 1000 share. 

The new share will be credited to your account on 18 July 2023.

Good luck!

Please dyodd.

Chart wise,  bullish mode!

Likely to continue to trend higher!

Short term wise,  a nice breakout of 1.14 smoothly may likely see her rising up to test 1.21.

Yearly dividend of about 8.3 cents.

Yield is about 7.28%

NAV 1.08.

CapitaLand India Trust (CLINT), formerly known as Ascendas India Trust, was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. As at 12 May 2023, CLINT’s assets under management stand at S$2.7 billion.

CLINT’s portfolio includes nine world-class IT business parks, one logistics park, one industrial facility and four data centre developments in India, with total completed floor area of 19.2 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. CLINT is focused on capitalising on the fast-growing IT industry and industrial/logistics asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres. 

CLINT is structured as a business trust, offering stable income distributions similar to a real estate investment trust. CLINT focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties.

CLINT is managed by CapitaLand India Trust Management Pte. Ltd., formerly known as Ascendas Property Fund Trustee Pte. Ltd. The trustee-manager is a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.    

IT Parks

Our business parks offer a distinct business lifestyle where convenience and comfort meet productivity. Lush greenery and modern architecture create an exciting landscape that inspires knowledge workers, while an impressive array of amenities is designed to enhance the working experience. From sports, medical and childcare facilities to restaurants and cafes, our thoughtfully curated range of services cater to all professional needs. We have also seamlessly integrated technology and sustainable practices throughout our parks, from energy-efficient buildings to smart infrastructure, minimizing our environmental impact while maximizing efficiency.

Data Centres

We are developing 4 data centres in India’s key data centre markets – Navi Mumbai, Hyderabad, Chennai, and Bangalore. As at second quarter 2023, construction of the data centres in Navi Mumbai and Hyderabad have commenced. When fully developed, the four state-of-the-art data centres will deliver a total power capacity of 244 MW. Our data centres adopt sustainable design principles and green building standards, including features such as intelligent energy management systems, solar panels, and highly efficient cooling systems using low global warming potential refrigerant. 

Industrial/Logistics Facilities

Our industrial facility is a premier Grade A asset, fully leased to a multinational electronics manufacturer. It is situated in Mahindra World City, a renowned industrial micro-market known for its blue-chip occupants.

Our logistics asset consists of seven modern and high-quality warehouses ensuring efficient and seamless logistics operations. It is situated in Panvel, a well-established and strategic warehousing zone that provides convenient access to India's largest container port, the Jawaharlal Nehru Port Trust.

Mapletree Logistics Tr - This giant Logistics index reit is trading at an interesting price level, great opportunity is here!

Chart wise, she is hovering near the strong support at 1.58 looks like a gd pivot point to monitor!

Yield is 5.6% at current price of 1.61,I think is quite a nice dividend yield for this giant logistics reit.

NAV 1.44.

Gearing below 40%.

Quarterly dividend payout.

Not a call to buy or sell!

Please dyodd.

TA wise, she is still quite weak! 

Need to reclaim 1.67 in order to reverse this

 downtrend and rises higher!

Yield is quite gd at 5.5%.

Pls dyodd. 

  Chart wise, she has managed to bounced off from the low of 1.62 and closed higher at 1.67 looks rather bullish!

Short term wise, with rate hike likely pause in June reit may get lifted! I think likely to rise upbto test 1.70! 

A nice breakout smoothly plus high volume that may likely drive the price higher towards 1.80 and beyond!

Yearly dpu of 9 cents, yield is 5.4% of which I think is quite good! 

Gearing is below 40%. Market cap is about 8.225b. 

Pls dyodd.

Mapletree Logistics Trust (“MLT”) is Singapore’s first Asia-focused logistics real estate investment trust. Listed on the Singapore Exchange Securities Trading Limited in 2005, MLT invests in a diversified portfolio of quality, well-located, income producing logistics real estate in Singapore, Hong Kong SAR, Japan, China, Australia, South Korea, Malaysia, Vietnam and India.

The Manager, Mapletree Logistics Trust Management Ltd., is committed to providing Unitholders with competitive

total returns through the following strategies:

1. optimising organic growth and hence, property yield from the existing portfolio; 
2. making yield accretive acquisitions of good quality logistics properties; and
3. managing capital to maintain MLT’s strong balance sheet and provide financial flexibility for growth.

Recent acquisition of 6 logistics assets in Japan and a logistics assets in Korea.  

Portfolio Overview

Our properties, built to modern building specifications, are strategically located near to major expressways and established logistics clusters in nine geographic markets across Asia Pacific.

Singapore Technology Engineering- defensive play cum dividend income counter not to miss out!

  

At ST Engineering, we apply our technology and innovation to solve real-world problems and improve lives. Our dedication to excellence and our strong track record have earned us a distinctive reputation for quality and trust as a global technology, defence and engineering group. Our diverse portfolio of businesses spans the aerospace, smart city, defence and public security segments.

We succeed because of our ability to deliver what our partners and

customers need. Together, we transform and future-proof cities to make them more mobile, more secure and more liveable for communities. With our expertise and facilities around the world, we keep aircraft flying safely and seagoing vessels operating efficiently.

We help nations protect their citizens by meeting their air, land and sea defence needs and equipping their fighting forces to perform on the battlefield. Our cybersecurity and critical systems help our customers enforce public and homeland security in an increasingly digital world. And our satellite communications equipment contributes to much of the world’s network connectivity.

Our global network of subsidiaries and associated companies spans Asia, Europe, the Middle East and the U.S.

 

In the U.S., our major operations span over 50 cities in 22 states, employing more than 6,000 people who provide innovative products and solutions to commercial and government customers across diverse market segments.

We meet every challenge with an effective and competitive response so that our customers in more than 100 countries are better prepared, better protected, and better connected for a more sustainable future. The power behind all of this is our global workforce, inspired by a common commitment and vision. Ours is a team that knows what it takes and we are committed to challenging, changing and securing the future.

NAV is about 0.77.

Yearly dividend of 0.16.

Yield is about 4.48% based on current price of 3.57.

PE is about 21x.

First quarter Financial results update:

Total Revenue growth 1.3% from 2b to 2.3b.

Quarterly dividend of 4 cent per share.

Chart wise,  bearish mode!

Likely to continue to trend lower!

she is hovering at the support level of 3.57,if cannot hold, we may see her drifting lower to test 3.50 then 3.40 follow-by 3.35.

Not a call to buy or sell!

Please dyodd.

Frasers Cpt Tr(J69U.SI) - RARE Local Retail Reit which is quite resilience during market volatility

 

  

  

Frasers Centrepoint Trust

Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust (“REIT”) and the largest suburban retail mall owners in Singapore. FCT’s property portfolio comprises nine retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities. The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing necessity spending, food & beverage and essential services.

FCT is among the top-ten largest Singapore REITs (“S-REITs”) by market capitalisation. It is also an index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index.

Frasers Centrepoint Trust's portfolio comprises high quality suburban retail malls and an office building, all located in Singapore. The retail malls include Causeway Point, Century Square, Changi City Point, Hougang Mall, NEX (effective 25.50%-interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.00%-interest) and White Sands. The office building is Central Plaza, which is connected to the retail mall Tiong Bahru Plaza.

FCT's properties are located next to or near the MRT stations and bus interchanges and in populous residential areas. The retail malls enjoy high shopper traffic comprising residents and the commuters. FCT strives to offer pleasant and comfortable shopping experiences for all its shoppers that will encourage them to keep coming to its malls. FCT strives to be a fair and value-adding landlord through competitive lease rates, upkeep and enhancement of its retail and office properties, and be the preferred choice of tenants and stakeholders.

Occupancy rate of 99.2% is considered very good as it means that their rental spaces are fully occupied and generating rental revenue that would likely provide a stable dpu distribution rate. 

Gearing of 39.6% is slightly high but is still below 40% and a distance from the Max limitation of 50%.

NAV is about 2.32. Yearly Dividend of  about 12.2 cents.  Yield is about 5.7% which is quite good!

Chart wise, bearish mode!

Likely to continue to trend lower!

Immediate support is at 2.11.

Short term wise,  if it can rise up to reclaim 2.21 then 2.25 it might be an indication  to reverse this downtrend! 

One of the rare local retail reit to be included into one stocks portfolio!

Please dyodd.

This morning tried the dumpling soups from one of the retail mall.

Taste good! Creamy soup. Plus nice ham and cheese pan cake. The dumpling is stuffed with lots of meats and ingredients. Is quite filling! I think no need noodles!

Bought some muffins and egg tarts from Butter & Cream, soft and not so sweet muffins plus egg tarts taste nice. Nom Nom. Recommended! 

CapLand Investment- 9CI

  Chart wise,  bearish mode!

Likely to continue to trend lower!

Short term wise,  I think she may go down to test 3.20.

Breaking down of 3.20 plus high volume she may continue to slide further down to 3.00 then 2.94.

Yearly dividend is 12 cents. Yield is about 3.72% at 3.22.

Please dyodd.

  

"CapitaLand Investment remains steadfast in being a trusted partner as we strengthen our position as a leading global real estate investment manager which delivers high quality returns."

After a successful demerger from the development business of CapitaLand Limited (“CapitaLand” or the “Parent Group”), CapitaLand Investment (CLI) was listed on SGX-ST on 20 September 2021. This transformative transaction created one of Asia’s leading listed real estate investment managers (REIM) and one of the largest REIMs in the world. Since day one, we have focused on putting our proven track record of investment management and fee income growth to work — unlocking more long-term value for our shareholders. 

CLI’s investment management leadership in Asia began about two decades ago, when we listed Singapore’s first real estate investment trust (REIT), CapitaLand Mall Trust. Today, our six listed funds across Singapore and Malaysia hold a Funds under Management (FUM) of approximately S$60 billion. 

And that’s only part of the real estate portfolio that we’ve built — over S$29 billion FUM are also managed through a comprehensive and expanding private funds platform comprising more than 30 private vehicles.

​Including assets held directly by CLI as well as assets managed through our global lodging platform, CLI oversees S$133 billion in Real Estate Assets Under Management (RE AUM).

In addition to Singapore, CLI’s core markets include China and India. But our boots on the ground extend far beyond that, to markets across Asia Pacific, Europe, and the USA. Our real estate and management expertise has helped us amass a diversified portfolio of recognisable brands, operating platforms, and asset classes which include retail, office, lodging, business parks, industrial, logistics and data centres.

CapitaLand Investment's (CLI) listed funds business comprises five REITs and business trusts listed on the Singapore Exchange and one on Bursa Malaysia, with a total market capitalisation of S$32.2 billion¹. Our listed funds portfolio is focused on driving sustainable distributions and increasing value for our unitholders.

Over time, we have built a strong track record as a Sponsor, making sure our listed funds are always efficiently structured and well-positioned for continued growth.

CapitaLand Investment managed the listed reit companies like Ascendas REIT,  CapLand China Trust,  CapLand Ibdia Trust,  CapitaLand Integrated Commercial Trust and Ascott trust. 

• CapitaLand Investment (CLI) owns and manages over 1,000 quality properties across the globe, providing a wide range of integrated real estate solutions for work, live and play. The current assets pipeline on CLI's balance sheet provides a diversified stable of high-quality assets with visible monetisation potential.   
  
  With a full stack of investment and operating capabilities, we present a unique value proposition for our partners, investors, tenants and customers.

The Great Singapore Sales- MIT(ME8U)

  

Mapletree Industrial Trust ("MIT") is a real estate investment trust listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets. 

As at 31 March 2023, MIT's total assets under management was S$8.8 billion, which comprised 85 properties in Singapore and 56 properties in North America (including 13 data centres held through the joint venture with Mapletree Investments Pte Ltd). MIT's property portfolio includes Data Centres, Hi-Tech Buildings, Business Park Buildings, Flatted Factories, Stack-up/Ramp-up Buildings and Light Industrial Buildings.

MIT is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.

NAV is about 1.8653.

Yearly dividend of about 13.4 cents.

Yield is about 6% at 2.21.

Occupancy rate is 94.9%.

Gearing 37.4%.

The recent Private placement of 204.8m for the acquisition of data centre in Japan,Osaka. Looks like dpu is accretive! 

Looks like gd price is back!

Not a call to buy or sell!

Please dyodd.

The price has fallen below the recent Private placement price of  2.21, looks like a good pivot point!

Yield is about 6.11% based on current price of 2.18.

Immediate support is at 2.17.

Please dyodd.

Riverstone

 Indeed, it has managed to recaptured 0.625 and trading at 0.635 looks rather bullish!

If it can breakout 0.64 smoothly we may likely see her rising up to test 0.665 then 0.70.

Please dyodd.

 TA wise,  she is rising up to recapture 0.625! 

A nice breakout smoothly would likely see her rising up to test 0.65.

Pls dyodd.

Riverstone Resources is established in year 1989, and still growing in our industry. With a history spanning close to 30 years, Riverstone has accumulated a huge network of stakeholders and expertise in our making. Being one of the leading manufacturers of cleanroom and medical industry, we manufacture top of the line healthcare gloves, nitrile gloves, finger cots, face masks, packaging bags etc. We are where we are today for the full supports from most valued customers and dedications from our staffs. Riverstone today is synonymous with premium quality and protection.

We are driven by innovation. Our passion to deliver premium quality healthcare solutions is recognized by many companies. Our products are widely qualified, and used in the Hard Disk Drive (HDD), semiconductor and healthcare industries in Malaysia. On top of the achievements, Riverstone exports more than 85% of our products to key high technology countries around Asia, Europe and the American region.

Riverstone has been growing extensively, for the amazing recognition for our products around the world. To cope with growing demands, we have increased our capacity by setting up a new manufacturing plant in Thailand in year 2001, and another one in Wu Xi China in year 2004. Later in year 2010, we built a new plant in Taiping, equipped with only state of the art manufacturing facility to keep our promises for premium quality.

The Riverstone website comprehensively provides up to date information, and our products. Browse through our website to better understand us, as we hope to bring only the best for all healthcare professionals.

First quarter results is not bad! Slight improvement as compared to last quarter (4/2022). 

Chart Wise, she is rising up to test 61.5 cents. 

A nice breakout smoothly would likely rise up to test 64-66.5 cents.

Final dividend is MYR 0.10 . Interim also MYR 0.10.

Yearly dividend is about 5.9 cents.

Pls dyodd. 

 TA wise,  she is rising up to recapture 0.625! 

A nice breakout smoothly would likely see her rising up to test 0.65.

Pls dyodd.

Riverstone Resources is established in year 1989, and still growing in our industry. With a history spanning close to 30 years, Riverstone has accumulated a huge network of stakeholders and expertise in our making. Being one of the leading manufacturers of cleanroom and medical industry, we manufacture top of the line healthcare gloves, nitrile gloves, finger cots, face masks, packaging bags etc. We are where we are today for the full supports from most valued customers and dedications from our staffs. Riverstone today is synonymous with premium quality and protection.

We are driven by innovation. Our passion to deliver premium quality healthcare solutions is recognized by many companies. Our products are widely qualified, and used in the Hard Disk Drive (HDD), semiconductor and healthcare industries in Malaysia. On top of the achievements, Riverstone exports more than 85% of our products to key high technology countries around Asia, Europe and the American region.

Riverstone has been growing extensively, for the amazing recognition for our products around the world. To cope with growing demands, we have increased our capacity by setting up a new manufacturing plant in Thailand in year 2001, and another one in Wu Xi China in year 2004. Later in year 2010, we built a new plant in Taiping, equipped with only state of the art manufacturing facility to keep our promises for premium quality.

The Riverstone website comprehensively provides up to date information, and our products. Browse through our website to better understand us, as we hope to bring only the best for all healthcare professionals.

First quarter results is not bad! Slight improvement as compared to last quarter (4/2022). 

Chart Wise, she is rising up to test 61.5 cents. 

A nice breakout smoothly would likely rise up to test 64-66.5 cents.

Pls dyodd.