Industrial REITs Comparison – Part 1 @ 26 March 2024

Below is a comparison using the latest data from comparison tables on SREITs Data page. The most favorable figures are marked in blue and given a +1 score, while the least favorable are in red with a -1 score. The highest score in each category determines the winner. Note that this is a simple comparison without weightage assigned to each figure.

Overall Ranking

Now, let’s dive into the details:

Fundamental

Overview, Related Parties Shareholding & Lease Profile:

Overview Winner: Frasers Logistics & Commercial Trust

Related Parties Shareholding Winner: Mapletree Industrial Trust

Lease Profile Winner: Frasers Logistics & Commercial Trust

Diversification & Debt Profile:

Diversification Profile Winner: CapitaLand Ascendas REIT

Debt Profile Winner: Frasers Logistics & Commercial Trust

Key Financial Metrics, Distribution Breakdown & Growth Trend:

Key Financial Metrics Winner: Keppel DC REIT

Distribution Breakdown Winner: Keppel DC REIT

Growth Trend Winner: Keppel DC REIT

Relative Valuation

Price Range:

Winner: Keppel DC REIT

Dividend Yield:

Winner: Tie between Frasers Logistics & Commercial Trust & Keppel DC REIT

P/NAV:

Winner: Tie between