(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Monday, October 27, 2025

CapitaLand Integrated Commercial Trust (CICT) - 3rd quarter business updates is out! Gross Revenue is up 1.5 percent to 403.9m. NPI is yp 1.6 percent to 294.4m. Occupancy rate 97.2 percent, seem not bad

 CapitaLand Integrated Commercial Trust (CICT) - 3rd quarter business updates is out! Gross Revenue is up 1.5 percent to 403.9m. NPI is up 1.6 percent to 294.4m. Occupancy rate 97.2 percent,  seem not bad!

Gearing is 39.2%. Seem slightly better 1.3ppts vs Jun 2025.

Wale 3.2 years.

Positive rental reversion of 7.8% for retail and 6.5% for office.

No dpu declared for this quarter updates!


I think the results updates seem not bad!


I can see the reit sector is recovering! Most probably the worst is over!


Pls dyodd. 



Sunday, October 26, 2025

Boustead - Will she be able to rise up to cover the Gapped at 1.83

Indeed,  she has risen up to 1.83 but was short-lived and price has again come down to 1.73. 

Don't know what to buy , just nibbled small units today at 1.74.

First Half results was released a few days ago! Net profit was slightly lowered abd dividend of 1.5 cents declared same as last year. XD 20 November. Paydate 1 December. 

Pls dyodd.



27th October 2025:

 Boustead  - Will she be able to rise up to cover the Gapped at 1.83!

Once the Gapped has been covered,  she will likely continue to rise higher towards 1.90 than 1.95 and above!

The listing of the real estate assets is waiting for the IPO approval status from the Singapore Exchange. 

If IPO listing approved,  price may run up again!

Not a call to buy or sell!

Pls dyodd. 



Friday, October 24, 2025

Mapletree Ind Tr - Hosey! A nice breakout at 2.17 and is now trading at 2.18 likely to rise up to test 2.23 and above

Mapletree Ind Tr  - Hosey! A nice breakout at 2.17 and is now trading at 2.18 likely to rise up to test 2.23 and above!

Beyond 2.23, she may rise further higher towards 2.30 than 2.36.

Results will be out on 29th October 2025.

Stay tune!

Pls dyodd.



6 September 2025:

First Half results will be out on 29th Oct. Dividend is coming,  nice!



Mapletree Ind Tr  - 98 percent chance Fed may cut rate on 17 Sept 2025, awesome!

Nibbled a bit at 1.92 and last few days at 2.03 when people are fearful! 

Annual dividend is about 13 cents.  Yield is more than 6%. 

Pls dyodd. 



25th August 2025:

 Mapletree Ind Tr  - 85 percent chance Fed may cut rate in September. Reit sector likely benefit!

Nibbled small units at 2.03 taking cue interest rate likely cut in September may help to lower borrowing costs and thus help to lift the NPI and Dpu payout. 

chart wise,  she may rise up to test 2.09.

Next  2.13 and follow by 2.20.

Pls dyodd.




28th July 2025:

 Mapletree Ind Tr  - 1st quarter results is out.  GROSS revenue is up 0.3 percent to 175.8m vs 175.2. NPI is up 0.8 percent to 133m vs 132m, DPU is down 1.5 percent to 3.27 vs 3.32 cents last year. I think the results is not bad. Much better than my DPU expectations of 3.2 cents.



XD 4th August.  Paydate 8th September 2025.

Occupancy rate is stable at 91.4% vs 91.6% last year. 

Gearing is down from 40% to 37%. Very healthy Gearing level.

Pls dyodd. 





Thursday, October 23, 2025

Keppel DC Reit - 9M 2025 performance with distributable income up 55.5% to $195.3M and DPU rising 8.8% to 7.67 cents

  Luckily I have locked in profit at 2.42.Price has weaken to 2.36 this morning,  she may go down to test 2.30 and below!

Pls dyodd. 


24 October 2025:

9M 2025 performance with distributable income up 55.5% to $195.3M and DPU rising 8.8% to 7.67 cents (or 11.7% on an adjusted basis). Gross revenue grew 37.7% year-on-year, driven by acquisitions (notably Keppel DC Singapore 7 & 8 and Tokyo DC 1) and positive rental escalations, partly offset by prior divestments. The REIT’s balance sheet remains solid, with aggregate leverage improving slightly to 29.8% and cost of debt at a low 2.9%.

QOQ basis, dpu infact is lowered than previous quarter if you take 7.67 cents less 5.133 declared for first Half.  Dpu for 3rd quarter is 2.537 which is lowered than 5.133 divide 2 = 2.5665 cents. 

Data centre continue to see growth into 2027 estimating 100GW . AI may help to drive the demand estimating about 30%. 






Suntec Reit - DPU increased to 1.778 cents or 12.5% higher, nice sets of financial numbers

 – Suntec REIT reports improved distributable income of $52.4 million 

for the quarter 1 July to 30 September 2025 (“3Q 25”), 13.4% higher than the period ended 30 

September 2024 (“3Q 24”). Distribution per unit (“DPU”) to unitholders was 1.778 cents or 12.5% 

higher year-on-year. 

The strong year-on-year improvement was driven by the stronger operational performance of

the Singapore portfolio, lower financing costs and the reversal of withholding tax provision for 

the Australia portfolio as the Managed Investment Trust status is maintained for FY 20251.






Traffic and sales is expected to improve in 4Q 25, buoyed by the festive holidays and efforts 
to drive strategic partnerships with leading IPs and social media platforms. Committed 
occupancy is expected to improve further with proactive lease management. Stable 
performance is expected at Suntec City Mall, supported by high occupancy and past quarters 
of positive rent reversions.

Wednesday, October 22, 2025

Frasers Cpt Tr - 2H25 distribution per Unit (“DPU”) of 6.059 cents brings total DPU for FY25 to 12.113 cents. Results seem stable

 New F&B outlet opening in November.  Swee!




ToriQ opening in November at Hougang Mall,  nice!



New shops Chagee and Skechers shoes shops opening at Hougang Mall.  Seem good!


More new shops opening like Owndays spectacles etc.






23 October 2025:

 FCT delivers strong FY25 results driven by acquisition of Northpoint 

City South Wing and resilient operating performance 

 2H25 distribution per Unit (“DPU”) of 6.059 cents brings total DPU for FY25 to 12.113 cents

 Robust operating performance with retail portfolio committed occupancy at 98.1%; average rental 

reversion at +7.8% y-o-y; higher shopper traffic and tenants’ sales, up 1.6% and 3.7% y-o-y respectively

 Acquisition of Northpoint City South Wing for $1.17 billion and divestment of Yishun 10 Retail Podium1

for $34.5 million as part of proactive portfolio reconstitution strategy 

 Higher appraised valuation of portfolio with no change in valuation capitalisation rates

 Awarded Regional Sector Leader (Listed) in the Asia, Retail category in the 2025 GRESB Real Estate 

Assessment with a 5-Star rating for the fifth consecutive year.