Shares & Derivatives
10 Things I Learnt from Owning Suntec REIT for 17 Years
By The Smart Investor  •  February 27, 2022
Every investor remembers their first stock. While I have bought many stocks over my investing career, there are a handful that I have held for over a decade. Suntec REIT (SGX: T82U) is one of them. I had first scooped up units of the retail and commercial REIT during its IPO in December 2004. Since then, I’ve held the stock for an amazing 17 years. Here are ten things I’ve learnt from owning one of Singapore’s oldest listed REITs. 1. The fourth REIT to be listed in Singapore It may amaze you to learn that Suntec REIT was not the first REIT to be listed in Singapore. The pioneer in the REIT space was CapitaMall Trust back in July 2002. The retail REIT, which currently owns malls such as Raffles City, Funan and Plaza Singapura, has since undergone a merger with sister REIT CapitaLand Commercial Trust to form CapitaLand Integrated Commercial Trust (SGX: C38U)....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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