Previously I posted about China Retail Focused SREITs/BizTrust, this time let’s compare Singapore Retail SREITs before the major events of CMT merger and FCT acquisition. As there are some numbers of SREITs having both retail and office properties, so have to set some criteria for this comparison: 1) major sector to be Retail and 2) major geographical location to be in Singapore. Therefore MCT, MNACT and Suntec are not included this round. For mobile user, please view in landscape mode.

Name CapitaLand Mall Trust (CMT) Frasers Centrepoint Trust (FCT) Lendlease Global Commercial REIT (LREIT) SPH REIT (SPH) Starhill Global REIT (SGREIT)
Basic & Key Statistics
Listed Date 17-Jul-2002 5-Jul-2006 2-Oct-2019 24-Jul-2013 20-Sep-2005
Dividend Frequency Quarter Semi-Annual Semi-Annual Quarter Semi-Annual
Unit Price $2.010 $2.640 $0.665 $0.88 $0.450
Dividend Yield 4.54% 3.83% 6.12% 4.14% 6.58%
Price / NAV 1.00 1.19 0.79 0.93 0.56
Market Cap SGD 7.42 Billion SGD 2.95 Billion SGD 0.78 Billion SGD 2.43 Billion SGD 0.99 Billion
Related Parties Shareholding
REIT Sponsor 28.47% 36.45% 24.97% 65.69% 36.92%
REIT Manager 1.33% 4.25% 0.73% 2.53% 1.04%
Directors of REIT Manager 0.02% 0.07% 0.47% 0.05% 0.01%
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