Dear readers,
I have compiled the reits, using Bloomberg data as of 14 Feb and sorted them in this order
1. Total potential return
2. Estimated dividend yield
Among the 29 reits / business trusts polled by Bloomberg and compiled by
me, Saizen (13.4%); Fraser Comm (12.7%); Cache Log (12.6%) scored the highest
in terms of total potential return. This ranking is fluid because it depends on
the reits’ prices as well as analysts estimates. Do take a look.
I will like to emphasise this is just one of the first steps to screen out some of the reits that we can take a look into. There are other additional steps required before one makes the decision to invest.
Table 1: Reits sorted by total potential return
| Short Name |
CRNCY | Last Price | Ave TP | Chg from Ave TP | 52 Wk High | 52 Wk Low | Adj Mkt Cap | Hist P/BV | Est Div Yield | YTD Total Return (%) |
Est Cap gain + Div Yield (%) |
| Saizen Reit | SGD | 0.19 | 0.205 | 7% | 0.200 | 0.127 | 272.4 | 0.8 | 6.9% | 6% | 13.4% |
| Frasers Commerci |
SGD | 1.33 | 1.420 | 7% | 1.370 | 0.790 | 864.5 | 0.9 | 5.5% | 1% | 12.7% |
| Cache Logistics |
SGD | 1.29 | 1.364 | 6% | 1.295 | 0.985 | 907.3 | 1.4 | 6.8% | 6% | 12.6% |
| Aims Amp Capital |
SGD | 1.57 | 1.653 | 5% | 1.595 | 1.015 | 705.6 | 1.1 | 6.9% | 7% | 12.2% |
| Ascott Residence |
SGD | 1.33 | 1.403 | 5% | 1.420 | 1.020 | 1,675.5 | 1.0 | 6.7% | 1% | 12.2% |
| Mapletree Indust |
SGD | 1.39 | 1.454 | 5% | 1.445 | 1.085 | 2,274.4 | 1.4 | 6.5% | 4% | 11.1% |
| Frasers Centrepo |
SGD | 2.00 | 2.100 | 5% | 2.040 | 1.430 | 1,655.9 | 1.3 | 5.4% | 2% | 10.4% |
| Religare Health |
SGD | 0.91 | 1.002 | 10% | 0.915 | 0.760 | 717.2 | NA | NA | 3% | 10.1% |
| Capitamall Trust |
SGD | 2.16 | 2.271 | 5% | 2.250 | 1.740 | 7,432.7 | 1.3 | 4.8% | 1% | 9.9% |
| Ascendas Hospita |
SGD | 0.99 | 1.027 | 4% | 0.995 | 0.860 | 796.3 | NA | 5.5% | 5% | 9.8% |
| First Reit | SGD | 1.09 | 1.108 | 2% | 1.090 | 0.775 | 722.8 | 1.3 | 6.8% | 3% | 8.9% |
| Mapletree Log Tr |
SGD | 1.22 | 1.246 | 3% | 1.220 | 0.875 | 2,949.4 | 1.2 | 5.7% | 8% | 8.2% |
| Starhill Global |
SGD | 0.86 | 0.877 | 3% | 0.870 | 0.600 | 1,671.0 | 1.0 | 5.5% | 11% | 8.1% |
| K-Green Trust | SGD | 1.07 | NA | NA | 1.090 | 0.945 | 670.7 | 1.0 | 7.3% | 8% | 7.3% |
| Cdl Reit | SGD | 2.05 | 2.079 | 1% | 2.120 | 1.680 | 1,988.6 | 1.3 | 5.8% | 12% | 7.2% |
| Cambridge Reit |
SGD | 0.74 | 0.733 | 0% | 0.740 | 0.500 | 893.8 | 1.1 | 7.1% | 11% | 6.8% |
| Sabana Shariah |
SGD | 1.24 | 1.213 | -2% | 1.240 | 0.900 | 792.3 | 1.1 | 7.8% | 11% | 6.0% |
| Far East H Trust |
SGD | 1.07 | 1.070 | 1% | 1.085 | 0.930 | 1,703.4 | 1.1 | 5.5% | 8% | 6.0% |
| Parkwaylife Reit |
SGD | 2.32 | 2.345 | 1% | 2.400 | 1.725 | 1,403.6 | 1.5 | 4.7% | 9% | 5.8% |
| Lippo Malls | SGD | 0.53 | 0.515 | -2% | 0.530 | 0.355 | 1,161.7 | 0.9 | 6.8% | 8% | 4.9% |
| Hutchison Port-U |
USD | 0.84 | 0.815 | -3% | 0.865 | 0.675 | 9,039.3 | 0.8 | 7.8% | 11% | 4.8% |
| Capitacommercial | SGD | 1.66 | 1.649 | -1% | 1.710 | 1.130 | 4,722.8 | 1.0 | 4.9% | 1% | 4.2% |
| Fortune Reit | HKD | 6.72 | 6.848 | 2% | 7.000 | 3.840 | 1,820.5 | 0.8 | 1.1% | 8% | 3.0% |
| Mapletree Commer |
SGD | 1.36 | 1.332 | -2% | 1.375 | 0.850 | 2,799.8 | 1.3 | 4.6% | 13% | 2.9% |
| Keppel Reit | SGD | 1.37 | 1.321 | -4% | 1.395 | 0.900 | 3,612.0 | 1.0 | 5.8% | 7% | 2.2% |
| Capitaretail | SGD | 1.80 | 1.734 | -3% | 1.805 | 1.195 | 1,344.3 | 1.4 | 5.3% | 9% | 1.9% |
| Suntec Reit | SGD | 1.79 | 1.724 | -4% | 1.795 | 1.195 | 4,031.7 | 0.9 | 5.1% | 8% | 1.4% |
| Ascendas India T |
SGD | 0.84 | 0.790 | -5% | 0.860 | 0.730 | 762.2 | 1.4 | 5.9% | 11% | 0.5% |
| Ascendas Real Es |
SGD | 2.63 | 2.484 | -6% | 2.640 | 1.935 | 5,888.4 | 1.4 | 5.3% | 13% | -0.2% |
Table 2: Reits sorted by estimated dividend yield
| Short Name |
CRNCY | Last Price | Ave TP | Chg from Ave TP | 52 Wk High | 52 Wk Low | Adj Mkt Cap | Hist P/BV | Est Div Yield | YTD Total Return (%) |
Est Cap gain + Div Yield (%) |
| Religare Health |
SGD | 0.91 | 1.002 | 10% | 0.915 | 0.760 | 717.2 | NA | NA | 3% | 10.1% |
| Hutchison Port-U |
USD | 0.84 | 0.815 | -3% | 0.865 | 0.675 | 9,039.3 | 0.8 | 7.8% | 11% | 4.8% |
| Sabana Shariah |
SGD | 1.24 | 1.213 | -2% | 1.240 | 0.900 | 792.3 | 1.1 | 7.8% | 11% | 6.0% |
| K-Green Trust | SGD | 1.07 | NA | NA | 1.090 | 0.945 | 670.7 | 1.0 | 7.3% | 8% | 7.3% |
| Cambridge Reit |
SGD | 0.74 | 0.733 | 0% | 0.740 | 0.500 | 893.8 | 1.1 | 7.1% | 11% | 6.8% |
| Saizen Reit | SGD | 0.19 | 0.205 | 7% | 0.200 | 0.127 | 272.4 | 0.8 | 6.9% | 6% | 13.4% |
| Aims Amp Capital |
SGD | 1.57 | 1.653 | 5% | 1.595 | 1.015 | 705.6 | 1.1 | 6.9% | 7% | 12.2% |
| Cache Logistics |
SGD | 1.29 | 1.364 | 6% | 1.295 | 0.985 | 907.3 | 1.4 | 6.8% | 6% | 12.6% |
| First Reit | SGD | 1.09 | 1.108 | 2% | 1.090 | 0.775 | 722.8 | 1.3 | 6.8% | 3% | 8.9% |
| Lippo Malls | SGD | 0.53 | 0.515 | -2% | 0.530 | 0.355 | 1,161.7 | 0.9 | 6.8% | 8% | 4.9% |
| Ascott Residence |
SGD | 1.33 | 1.403 | 5% | 1.420 | 1.020 | 1,675.5 | 1.0 | 6.7% | 1% | 12.2% |
| Mapletree Indust |
SGD | 1.39 | 1.454 | 5% | 1.445 | 1.085 | 2,274.4 | 1.4 | 6.5% | 4% | 11.1% |
| Ascendas India T |
SGD | 0.84 | 0.790 | -5% | 0.860 | 0.730 | 762.2 | 1.4 | 5.9% | 11% | 0.5% |
| Cdl Reit | SGD | 2.05 | 2.079 | 1% | 2.120 | 1.680 | 1,988.6 | 1.3 | 5.8% | 12% | 7.2% |
| Keppel Reit | SGD | 1.37 | 1.321 | -4% | 1.395 | 0.900 | 3,612.0 | 1.0 | 5.8% | 7% | 2.2% |
| Mapletree Log Tr |
SGD | 1.22 | 1.246 | 3% | 1.220 | 0.875 | 2,949.4 | 1.2 | 5.7% | 8% | 8.2% |
| Frasers Commerci |
SGD | 1.33 | 1.420 | 7% | 1.370 | 0.790 | 864.5 | 0.9 | 5.5% | 1% | 12.7% |
| Far East H Trust |
SGD | 1.07 | 1.070 | 1% | 1.085 | 0.930 | 1,703.4 | 1.1 | 5.5% | 8% | 6.0% |
| Starhill Global |
SGD | 0.86 | 0.877 | 3% | 0.870 | 0.600 | 1,671.0 | 1.0 | 5.5% | 11% | 8.1% |
| Ascendas Hospita |
SGD | 0.99 | 1.027 | 4% | 0.995 | 0.860 | 796.3 | NA | 5.5% | 5% | 9.8% |
| Frasers Centrepo |
SGD | 2.00 | 2.100 | 5% | 2.040 | 1.430 | 1,655.9 | 1.3 | 5.4% | 2% | 10.4% |
| Ascendas Real Es |
SGD | 2.63 | 2.484 | -6% | 2.640 | 1.935 | 5,888.4 | 1.4 | 5.3% | 13% | -0.2% |
| Capitaretail | SGD | 1.80 | 1.734 | -3% | 1.805 | 1.195 | 1,344.3 | 1.4 | 5.3% | 9% | 1.9% |
| Suntec Reit | SGD | 1.79 | 1.724 | -4% | 1.795 | 1.195 | 4,031.7 | 0.9 | 5.1% | 8% | 1.4% |
| Capitacommercial | SGD | 1.66 | 1.649 | -1% | 1.710 | 1.130 | 4,722.8 | 1.0 | 4.9% | 1% | 4.2% |
| Capitamall Trust |
SGD | 2.16 | 2.271 | 5% | 2.250 | 1.740 | 7,432.7 | 1.3 | 4.8% | 1% | 9.9% |
| Parkwaylife Reit |
SGD | 2.32 | 2.345 | 1% | 2.400 | 1.725 | 1,403.6 | 1.5 | 4.7% | 9% | 5.8% |
| Mapletree Commer |
SGD | 1.36 | 1.332 | -2% | 1.375 | 0.850 | 2,799.8 | 1.3 | 4.6% | 13% | 2.9% |
| Fortune Reit | HKD | 6.72 | 6.848 | 2% | 7.000 | 3.840 | 1,820.5 | 0.8 | 1.1% | 8% | 3.0% |
*Note: Bloomberg does not have an estimated dividend yield for Religare
Disclaimer
The information contained herein is the
writer’s personal opinion and is provided to you for
information only and is not intended to or nor will it create/induce the
creation of any binding legal relations. The
information or opinions provided herein do not constitute
an investment advice, an offer or solicitation to subscribe for, purchase
or sell the investment product(s) mentioned herein. It does not have any regard
to your specific investment objectives, financial situation and any of your
particular needs. Accordingly, no warranty whatsoever is given and no
liability whatsoever is accepted for any loss arising whether directly or
indirectly as a result of this information. Investments are subject to
investment risks including possible loss of the principal amount invested. The
value of the product and the income from them may fall as well as rise. You may
wish to seek advice from an independent financial adviser before making a
commitment to purchase or invest in the investment product(s) mentioned herein.
In the event that you choose not to do so, you should consider whether the
investment product(s) mentioned herein are suitable for you. The writer will
not, in any event, be liable to you for any direct/indirect or any other
damages of any kind arising from or in connection with your reliance on any
information in and/or materials appended herein. The information and/or
materials are provided “as is” without warranty of any kind, either express or
implied. In particular, no warranty regarding accuracy or fitness for a
purpose is given in connection with such information and materials.
writer’s personal opinion and is provided to you for
information only and is not intended to or nor will it create/induce the
creation of any binding legal relations. The
information or opinions provided herein do not constitute
an investment advice, an offer or solicitation to subscribe for, purchase
or sell the investment product(s) mentioned herein. It does not have any regard
to your specific investment objectives, financial situation and any of your
particular needs. Accordingly, no warranty whatsoever is given and no
liability whatsoever is accepted for any loss arising whether directly or
indirectly as a result of this information. Investments are subject to
investment risks including possible loss of the principal amount invested. The
value of the product and the income from them may fall as well as rise. You may
wish to seek advice from an independent financial adviser before making a
commitment to purchase or invest in the investment product(s) mentioned herein.
In the event that you choose not to do so, you should consider whether the
investment product(s) mentioned herein are suitable for you. The writer will
not, in any event, be liable to you for any direct/indirect or any other
damages of any kind arising from or in connection with your reliance on any
information in and/or materials appended herein. The information and/or
materials are provided “as is” without warranty of any kind, either express or
implied. In particular, no warranty regarding accuracy or fitness for a
purpose is given in connection with such information and materials.
Major thanks for the blog.Thanks Again. Awesome.