The latest earnings from Singapore
REITs are coming in thick and fast.
Since the current financial reporting season started on 1 July, a number of REITs have reported their earnings.
Here, let’s look at the latest financial numbers from the blue-chip REITs (those belonging to the
Straits Times Index) and also some soundbites from their REIT managers.
This will be especially useful for investors who are looking for investment opportunities for the long-term amid the COVID-19 pandemic.
TL;DR: Latest Singapore Blue-Chip REIT Earnings
|
Ascendas REIT |
CapitaLand Commercial Trust |
CapitaLand Mall Trust |
Mapletree Commercial Trust |
Mapletree Industrial Trust |
Mapletree Logistics Trust |
| Gross revenue
(% change year-on-year (YoY)) |
Up 14.6% to S$521.2 million |
Down 8.1% to S$92.8 million |
Down 39.8% to S$114.1 million |
Down 10.5% to S$100.3 million |
Down 0.5% to S$99.1 million |
Up 10.5% to S$132.4 million |
| Net property income
(% change YoY) |
Up 11.2% to S$388.0 million |
Down 9.7% to S$70.8 million |
...
