One of the REITs in my long-term investment portfolio, Suntec REIT (SGX:T82U), released its annual report for the financial year ended 31 December 2021 before market hours yesterday (29 March 2022.)
For those of you who are unfamiliar with the REIT, its property portfolio comprises of retail and office properties in Singapore (Suntec City, 66.3% interest in Suntec Singapore Convention & Exhibition Centre, one-third interest in One Raffles Quay, one-third interest in Marina Bay Financial Centre Towers 1 and 2, and the Marina Bay Link Mall), Australia (177 Pacific Highway and 21 Harris Street in Sydney, 50% interest in Southgate Complex and 50.0% interest in Olderfleet, 477 Collins Street in Melbourne, and 55 Currie Street in Adelaide), as well as in the United Kingdom (50.0% in Nova North, Nova South, and the Nova Building, and The Minster Building in London.)
This post was originally posted here. The writer, Lim Jun Yuan is a veteran community member and blogger on InvestingNote, with a username known as @ljunyuan and has close to 2,000 followers....