Listed on 9 December 2004, Suntec Real Estate Investment Trust invests and derives income from a portfolio of office and retail properties located in Singapore and Australia. As I write, it has 7 assets valued at S$ 9.6 billion. In this article, I’ll cover 10 main things that you need to know about Suntec REIT before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: T82U
Market Capitalization: S$ 4.50 billion (19 June 2018)
Share Price: S$ 1.69 (19 June 2018)
Industry: Reit
#2: The Portfolio
Presently, Suntec REIT is generating income from the following properties:
- Suntec City
It owns 100% of Suntec City Office, 100% of Suntec City Mall, and as well as 60.8% of Suntec Singapore, a world-class convention centre. It derived income from a total of 601 tenants and had occupancy rate of 99.3% in 2017. In that year, Suntec City had recorded ...
