Let's see how the 4 Singapore Office Focused REITs fair against each other after the latest result announcement.
Image by Jason Goh from Pixabay * Growth Trend for DPU is not adjusted for any equity fundraising.
Below is the summary for REIT with more favorable points by categories: 1) Basic Profile & Key Statistics - OUECT 2) Related Parties Shareholding - OUECT 3) Lease Profile - KREIT & SUNTEC 4) Debt Profile - MCT 5) Diversification - SUNTEC 6) Key Financial Metrics - KREIT & MCT 7) Growth Trend - KREIT 8) Overall - KREIT, followed by MCT
For relative valuation, let's use the reversion to mean method to gauge. At the current price level, it is a tie between KREIT, OUECT and Suntec in terms of relative to mean valuation.
Above is just a quick comparison, you could refer to more...