Shares & Derivatives
EC World REIT Review @ 14 May 2021
By REIT-TIREMENT  •  May 14, 2021
Basic Profile & Key Statistics EC World REIT (ECW) is a pure logistics REIT that owns 8 properties in China. Performance Highlight Gross revenue, NPI, distribution to unitholders and DPU increased YoY by 30.9%, 20.9%, 32.9% and 39.6% respectively mainly due to the absence of one-off rental rebates given to tenants in 1Q20 and strengthening of RMB. There is an incident of displacement and collapse of a berth at Chongxian Port Investment on 30 April. The manager would provide further updates in due time. Related Parties Shareholding REIT sponsor's shareholding is high at 43.58%REIT manager's shareholding is slightly low at 0.86%Directors of REIT manager's shareholding is high at 43.74% Lease Profile Occupancy is high at 99.1%All income is received in RMBWALE is short at 3.1 yearsHighest lease expiry within 5 years is high at 74.3% which falls beyond 2024Weighted average land lease expiry is short at 36.75 years Debt Profile Gearing ratio is...
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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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