Singapore REIT Bubble Charts July 2019

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Bubble charts derived from July 1, 2019 Singapore REITs Fundamental Comparison Table. No significant changes compared to last Bubble Charts.

(1) Big cap REIT remains expensive and value picks remains at small and medium cap REIT. Some small cap REITs start to move. Note: Distribution yield is lagging.

(2) There are no significant changes in gearing ratio.

These Bubble Charts are used to show the “relative” position compare to other Singapore REITs.

Two visual bubble charts to pick and avoid:

  1. Undervalue Singapore REITs with High Distribution Yield** (Value Pick)
  2. Overvalue Singapore REITs with High Gearing Ratio (Risk Avoidance)

** Distribution Yield are lagging.

Compared to previous Singapore REIT Bubble Charts here.

 

Disclaimer: The analysis is for Author own use and NOT to be used as Buy / Sell recommendation. Get a proper training on “How to use this Singapore REIT Bubble Charts?” here.

 

2H 2019 REIT Market Outlook is planned on Aug 3, 2019 (Saturday), you can register here: Singapore REIT 2019 2nd Market Outlook

Very limited seats left!

 

 

 

 

Check below on other events:

https://mystocksinvesting.com/course/singapore-reits-investing/REITs Investing Course 

https://mystocksinvesting.com/course/private-portfolio-review/REITs Portfolio Advisory 

https://mystocksinvesting.com/events/

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Singapore REIT Price / NAV Range Chart July-2019

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Original post from https://mystocksinvesting.com

Singapore REIT Price / NAV Range Chart base on July 1, 2019 Singapore REITs Table.

 

See last Singapore REITs Price/NAV here to see the changes.

Disclaimer: This chart is NOT a recommendation to buy or sell. Do NOT use it if you don’t understand how to interpret it.

 

Check below on other events:

https://mystocksinvesting.com/course/singapore-reits-investing/REITs Investing Course 

https://mystocksinvesting.com/course/private-portfolio-review/REITs Portfolio Advisory 

https://mystocksinvesting.com/events/

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Prime US REIT IPO Prospectus and Summary

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Overview of Prime US REIT

Prime US REIT is a Singapore REIT established with the principal investment strategy of investing, directly or indirectly, in stabilised income-producing office assets, and real estate related assets, in the United States of America (“U.S.”).

Prime US REIT’s key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in distribution per Unit (“DPU”) and net asset value (“NAV”) per Unit, while maintaining an appropriate capital structure.

The initial portfolio of Prime US REIT (the “IPO Portfolio”) consists of 11 office properties (the “Properties”) located across the United States, with an Appraised Value of US$1,222 million and an aggregate NLA of 3.4 million sq ft. The aggregate purchase consideration payable by Prime US REIT for the IPO Portfolio is US$1,222 million.

 

Prime poised to be third US-focused REIT to list on SGX Mainboard in 2019

Read more at: https://www.dealstreetasia.com/stories/prime-us-reit-sgx-mainboard-142301/

 

  • Type = US Office (Class A)
  • Sponsor = KBS Asia Partner Pte Ltd
  • Total Units Offered = 335,203,200
  • Portfolio = 11 Freehold Class A Office
  • Portfolio Size = US$1.23 Billion
  • IPO Offer Price = US$0.88
  • NAV per unit = US$0.84
  • Price / NAV = 1.0476
  • Distribution Yield = 7.4% (2019), 7.6% (2020)
  • Distribution Policy = 100% for 2019 & 2020. At least 90% thereafter. Semi Annual Payout.
  • Occupancy Rate = 96.7%
  • WALE = 5.5 Years
  • Gearing Ratio = 37.0%
  • WADM = 5.6 Years
  • Offer Closing Date: July 15, 2019, 12pm
  • Listing Date: July 19, 2019, 2pm
  • Prime US REIT IPO Prospectus

 

Compared to Manulife US REIT IPO

Compare to other Singapore REITs here.

 

 

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