Shares & Derivatives
First REIT’s 3Q FY24 Result Review
By REIT-TIREMENT  •  November 12, 2024
Basic Profile & Key Statistics Key Indicators Performance Highlight Gross revenue, NPI, distributable amount, and DPU declined YoY, primarily due to the depreciation of the Indonesian Rupiah and Japanese Yen against SGD. Related Parties Shareholding
  • REIT Sponsor's Shareholding: Favorable
  • REIT Manager's Shareholding: Favorable
  • Directors of REIT Manager's Shareholding: Favorable
Lease Profile
  • Occupancy: Favorable
  • Income Received in SGD/Major Currencies: Less Favorable
  • WALE: Less Favorable
  • Highest Lease Expiry in 4 Years: Favorable
  • Weighted Average Land Lease Expiry: Moderate
Debt Profile
  • Gearing Ratio: Moderate
  • Cost of Debt: Less Favorable
  • Fixed Rate Debt %: Favorable
  • Unsecured Debt %: Less Favorable
  • WADM: Moderate
  • Highest Debt Maturity in 4 Years: Less Favorable
  • Interest Coverage Ratio: Favorable
Diversification Profile
  • Top Geographical Contribution: Favorable
  • Top Property Contribution: Favorable
  • Top 5 Properties' Contribution: Favorable
  • Top Tenant Contribution: Less Favorable
  • Top 10 Tenants' Contribution: Less Favorable
Key Financial Metrics...
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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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