Shares & Derivatives
ARA LOGOS Logistics Trust Review @ 2 February 2021
By REIT-TIREMENT  •  February 2, 2021
Basic Profile & Key Statistics ARA LOGOS Logistics Trust (ALOG) is a pure Logistics REIT that owns 27 properties in Singapore and Australia. Performance Review Gross revenue and NPI increased YoY by 8.6% and 10.7% respectively mainly due to commencement of new leases at certain properties as well as additional revenue from DHL Supply Chain ARC. Distributable income from operations increased by 22.6% YoY. 2H DPU increased by 8.9% YoY; excluding one-off items, DPU from operations increased by 16.3% YoY. Rental reversion is 9.8% for 2H FY2020 and 4.8% for FY2020. The acquisition of Australian properties is still in progress; private placement and preferential offer are completed, the next would be the Ivanhoé and LOGOS issuance for up to approximately S$70.0m and S$ 18.7m worth of New Units. Lease Profile
  • Occupancy is high at 98.5%.
  • WALE is short at 2.8 years where the highest lease expiry of 27.5% falls in this year.
  • Weighted average land lease expiry is short at 44.99 years.
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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