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Is There Still Value In Suntec Real Estate Investment Trust?
By Value Invest Asia  •  May 8, 2019

Listed in 2004, Suntec Real Estate Investment Trust (Suntec REIT) derives income from a portfolio of prime properties, comprising of a retail mall, office buildings, and a world-class convention centre in Singapore and Australia. Presently, Suntec REIT’s market capitalisation stands at S$ 5.2 billion as of 1 April 2019.

In this article, I’ll revisit its fundamentals, bring an update on its recent financial results, and its valuation figures based on its current price of S$ 1.95 per unit. As such, here are 11 key things to know about Suntec REIT before you invest.

Suntec City
(Occupancy Rate: Suntec City Office (98.6%) & Suntec City Mall (99.6%))
Net Property Income (NPI) had declined 1.3% year-on-year to S$ 206.3 million in 2018 from S$ 209.1 million in 2017. This is because the fall in NPI from Suntec City Office has outweighed its NPI growth from Suntec City Mall. The NPI fall experienced by Suntec...
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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