5 Singapore Industrial REITs with Dividend Yields of 6.1% and Above

The Smart Investor01-24 09:41

Things are looking up for the REIT sector.The past two years have seen REITs’ distributable income take a hit from both surging inflation and higher interest rates.With the US Federal Reserve slashing...

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druvaciam
01-24 10:46
druvaciam
Looks like O5RU has higher growth.

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href=https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Things are looking up for the REIT sector.The past two years have seen REITs’ distributable income take a hit from both surging inflation and higher interest rates.With the US Federal Reserve slashing...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/","article_id":"2505249067","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505249067","pubTimestamp":1737682889,"columns":[],"sourceInfo":{"source_id":"thesmartinvestor_highlight","name":"The Smart Investor"},"weMediaInfo":null,"summary":"With the industrial sector being the most resilient property sub-class, we dug out five Singapore REITs within this space that provide an attractive distribution 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industrial REIT with a portfolio of 56 properties in the US, 83 in Singapore, and two in Japan.As of 31 December 2024, MIT’s total assets under management (AUM) stood at S$9.2 billion.The industrial REIT reported a resilient set of earnings for the third quarter of fiscal 2025 (3Q FY2025) ending 31 December 2024.Gross revenue increased 2% year on year to S$177.3 million while net property income (NPI) rose 2.6% year on year to S$133.2 million.Distribution per unit (DPU) inched up 1.5% year on year to S$0.0341.MIT’s trailing 12-month DPU stood at S$0.1357, giving its units a trailing distribution yield of 6.1%.The industrial REIT maintained a robust portfolio occupancy rate of 92.1% and also recorded a positive rental reversion of 9.8% for renewal leases across all property segments in Singapore.Mapletree Logistics Trust (SGX: M44U)Mapletree Logistics Trust, or MLT, owns a portfolio of 183 properties across eight countries with total AUM of S$13.4 billion as of 31 December 2024.MLT reported a downbeat set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 December 2024.Gross revenue dipped by 1% year on year to S$547.4 million due to weaker regional currencies and weakness in China.NPI slipped by 1.5% year on year to S$472.5 million while DPU fell by 10.2% year on year to S$0.06098 because of higher finance costs.MLT’s trailing 12-month DPU came in at S$0.08309, giving its units a trailing distribution yield of 6.5%.Despite the weaker results, investors should note that borrowing costs are easing as these only rose 0.3% quarter-on-quarter.The REIT also saw portfolio occupancy at 96.3% while portfolio rental reversion came in positive at 3.4%, reversing the previous quarter’s decline of 0.6%.Frasers Logistics & Commercial Trust (SGX: BUOU)Frasers Logistics & Commercial Trust, or FLCT, is a logistics and commercial REIT with a portfolio of 112 properties across five countries.FLCT’s AUM stood at around S$6.8 billion as of 30 September 2024.The REIT reported a mixed set of results for its fiscal 2024 (FY2024) ending 30 September 2024.Both revenue and NPI improved by 6.2% and 2.7%, respectively, to S$446.7 million and S$320 million.DPU, however, tumbled 3.4% year on year to S$0.068 because of higher interest costs.At a unit price of S$0.885, FLCT’s units offer a trailing distribution yield of 7.7%.Despite the lower DPU, there were several positive signs that investors should note.The REIT continued to maintain a high portfolio occupancy of 94.5%.Also, FY2024 rental reversion came in strong at positive 38.8%.Aggregate leverage also stood at just 33%, giving the REIT a debt headroom of S$801 million before it hits the 40% level.AIMS APAC REIT (SGX: O5RU)AIMS APAC REIT, or AAREIT, owns a portfolio of 28 industrial properties in Singapore (25) and Australia (3).The portfolio’s AUM stood at S$2.2 billion as of 30 September 2024.AAREIT reported a respectable set of earnings for the 1H FY2025 with gross revenue jumping 7.7% year on year to S$93.5 million.NPI increased by 5.1% year on year to S$67.6 million while DPU edged up 0.4% year on year to S$0.0467.AAREIT’s trailing 12-month DPU stood at S$0.0938, giving its units a trailing distribution yield of 7.4%.The REIT maintained a high portfolio occupancy of 95% with a total of 194 tenants within its portfolio.Rental reversion came in strong at positive 16.9% for 1H FY2025 and tenant retention rate was also high at 78.6%.ESR REIT (SGX: J91U)ESR REIT (formerly ESR-Logos REIT) owns a portfolio of 71 properties in Singapore (52), Australia (18) and Japan (1).The total AUM stood at S$5 billion as of 30 June 2024.ESR REIT reported a downbeat set of earnings for 1H 2024, with gross revenue and NPI tumbling 8.1% and 9.2% year on year, respectively, to S$180.9 million and S$127.8 million.DPU tumbled 18.6% year on year to S$0.0122.The REIT’s trailing 12-month DPU stood at S$0.02308, giving its units a trailing distribution yield of 8.9%.ESR REIT released its 9M 2024 business update recently.Gross revenue and NPI continued its downward trend, declining by 6.3% and 6.5%, respectively, to S$272.5 million and S$192.7 million.However, this was offset by a high portfolio occupancy rate of 91.3% along with a positive rental reversion of 11% for 9M 2024","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":395926889501232,"gmtCreate":1737686773103,"gmtModify":1737686777779,"author":{"id":"4088707402306530","authorId":"4088707402306530","name":"druvaciam","avatar":"https://static.tigerbbs.com/5c3fb456a34258529f2ed7b7f945e0e8","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"4088707402306530","authorIdStr":"4088707402306530"},"htmlText":"Looks like O5RU has higher growth.","listText":"Looks like O5RU has higher growth.","text":"Looks like O5RU has higher growth.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/395926889501232","repostId":2505249067,"repostType":2,"repost":{"id":"2505249067","kind":"highlight","pubTimestamp":1737682889,"share":"https://ttm.financial/m/news/2505249067?lang=&edition=fundamental","pubTime":"2025-01-24 09:41","market":"sg","language":"en","title":"5 Singapore Industrial REITs with Dividend Yields of 6.1% and Above","url":"https://stock-news.laohu8.com/highlight/detail?id=2505249067","media":"The Smart Investor","summary":"With the industrial sector being the most resilient property sub-class, we dug out five Singapore REITs within this space that provide an attractive distribution yield.","content":"<html><head></head><body><p>Things are looking up for the REIT sector.</p><p>The past two years have seen REITs’ distributable income take a hit from both surging inflation and higher interest rates.</p><p>With the US Federal Reserve slashing interest rates by a full percentage point last year, REIT investors must be breathing a sigh of relief.</p><p>In particular, the industrial REIT sub-sector has held up well as demand for industrial and logistics space continued to be strong post-pandemic.</p><p>Here are five attractive Singapore industrial REITs that sport distribution yields of 6.1% and above.</p><h2 id=\"id_2252187911\">Mapletree Industrial Trust (SGX: ME8U)</h2><p>Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 56 properties in the US, 83 in Singapore, and two in Japan.</p><p>As of 31 December 2024, MIT’s total assets under management (AUM) stood at S$9.2 billion.</p><p>The industrial REIT reported a resilient set of earnings for the third quarter of fiscal 2025 (3Q FY2025) ending 31 December 2024.</p><p>Gross revenue increased 2% year on year to S$177.3 million while net property income (NPI) rose 2.6% year on year to S$133.2 million.</p><p>Distribution per unit (DPU) inched up 1.5% year on year to S$0.0341.</p><p>MIT’s trailing 12-month DPU stood at S$0.1357, giving its units a trailing distribution yield of 6.1%.</p><p>The industrial REIT maintained a robust portfolio occupancy rate of 92.1% and also recorded a positive rental reversion of 9.8% for renewal leases across all property segments in Singapore.</p><h2 id=\"id_392286034\">Mapletree Logistics Trust (SGX: M44U)</h2><p>Mapletree Logistics Trust, or MLT, owns a portfolio of 183 properties across eight countries with total AUM of S$13.4 billion as of 31 December 2024.</p><p>MLT reported a downbeat set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 December 2024.</p><p>Gross revenue dipped by 1% year on year to S$547.4 million due to weaker regional currencies and weakness in China.</p><p>NPI slipped by 1.5% year on year to S$472.5 million while DPU fell by 10.2% year on year to S$0.06098 because of higher finance costs.</p><p>MLT’s trailing 12-month DPU came in at S$0.08309, giving its units a trailing distribution yield of 6.5%.</p><p>Despite the weaker results, investors should note that borrowing costs are easing as these only rose 0.3% quarter-on-quarter.</p><p>The REIT also saw portfolio occupancy at 96.3% while portfolio rental reversion came in positive at 3.4%, reversing the previous quarter’s decline of 0.6%.</p><h2 id=\"id_832644417\">Frasers Logistics &amp; Commercial Trust (SGX: BUOU)</h2><p>Frasers Logistics &amp; Commercial Trust, or FLCT, is a logistics and commercial REIT with a portfolio of 112 properties across five countries.</p><p>FLCT’s AUM stood at around S$6.8 billion as of 30 September 2024.</p><p>The REIT reported a mixed set of results for its fiscal 2024 (FY2024) ending 30 September 2024.</p><p>Both revenue and NPI improved by 6.2% and 2.7%, respectively, to S$446.7 million and S$320 million.</p><p>DPU, however, tumbled 3.4% year on year to S$0.068 because of higher interest costs.</p><p>At a unit price of S$0.885, FLCT’s units offer a trailing distribution yield of 7.7%.</p><p>Despite the lower DPU, there were several positive signs that investors should note.</p><p>The REIT continued to maintain a high portfolio occupancy of 94.5%.</p><p>Also, FY2024 rental reversion came in strong at positive 38.8%.</p><p>Aggregate leverage also stood at just 33%, giving the REIT a debt headroom of S$801 million before it hits the 40% level.</p><h2 id=\"id_3441761750\">AIMS APAC REIT (SGX: O5RU)</h2><p>AIMS APAC REIT, or AAREIT, owns a portfolio of 28 industrial properties in Singapore (25) and Australia (3).</p><p>The portfolio’s AUM stood at S$2.2 billion as of 30 September 2024.</p><p>AAREIT reported a respectable set of earnings for the 1H FY2025 with gross revenue jumping 7.7% year on year to S$93.5 million.</p><p>NPI increased by 5.1% year on year to S$67.6 million while DPU edged up 0.4% year on year to S$0.0467.</p><p>AAREIT’s trailing 12-month DPU stood at S$0.0938, giving its units a trailing distribution yield of 7.4%.</p><p>The REIT maintained a high portfolio occupancy of 95% with a total of 194 tenants within its portfolio.</p><p>Rental reversion came in strong at positive 16.9% for 1H FY2025 and tenant retention rate was also high at 78.6%.</p><h2 id=\"id_855094172\"><a href=\"https://laohu8.com/S/01821\">ESR</a> REIT (SGX: J91U)</h2><p>ESR REIT (formerly ESR-Logos REIT) owns a portfolio of 71 properties in Singapore (52), Australia (18) and Japan (1).</p><p>The total AUM stood at S$5 billion as of 30 June 2024.</p><p>ESR REIT reported a downbeat set of earnings for 1H 2024, with gross revenue and NPI tumbling 8.1% and 9.2% year on year, respectively, to S$180.9 million and S$127.8 million.</p><p>DPU tumbled 18.6% year on year to S$0.0122.</p><p>The REIT’s trailing 12-month DPU stood at S$0.02308, giving its units a trailing distribution yield of 8.9%.</p><p>ESR REIT released its 9M 2024 business update recently.</p><p>Gross revenue and NPI continued its downward trend, declining by 6.3% and 6.5%, respectively, to S$272.5 million and S$192.7 million.</p><p>However, this was offset by a high portfolio occupancy rate of 91.3% along with a positive rental reversion of 11% for 9M 2024</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Singapore Industrial REITs with Dividend Yields of 6.1% and Above</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Singapore Industrial REITs with Dividend Yields of 6.1% and Above\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-24 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Things are looking up for the REIT sector.The past two years have seen REITs’ distributable income take a hit from both surging inflation and higher interest rates.With the US Federal Reserve slashing...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://thesmartinvestor.com.sg/5-singapore-industrial-reits-with-dividend-yields-of-6-1-and-above/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2505249067","content_text":"Things are looking up for the REIT sector.The past two years have seen REITs’ distributable income take a hit from both surging inflation and higher interest rates.With the US Federal Reserve slashing interest rates by a full percentage point last year, REIT investors must be breathing a sigh of relief.In particular, the industrial REIT sub-sector has held up well as demand for industrial and logistics space continued to be strong post-pandemic.Here are five attractive Singapore industrial REITs that sport distribution yields of 6.1% and above.Mapletree Industrial Trust (SGX: ME8U)Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 56 properties in the US, 83 in Singapore, and two in Japan.As of 31 December 2024, MIT’s total assets under management (AUM) stood at S$9.2 billion.The industrial REIT reported a resilient set of earnings for the third quarter of fiscal 2025 (3Q FY2025) ending 31 December 2024.Gross revenue increased 2% year on year to S$177.3 million while net property income (NPI) rose 2.6% year on year to S$133.2 million.Distribution per unit (DPU) inched up 1.5% year on year to S$0.0341.MIT’s trailing 12-month DPU stood at S$0.1357, giving its units a trailing distribution yield of 6.1%.The industrial REIT maintained a robust portfolio occupancy rate of 92.1% and also recorded a positive rental reversion of 9.8% for renewal leases across all property segments in Singapore.Mapletree Logistics Trust (SGX: M44U)Mapletree Logistics Trust, or MLT, owns a portfolio of 183 properties across eight countries with total AUM of S$13.4 billion as of 31 December 2024.MLT reported a downbeat set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 December 2024.Gross revenue dipped by 1% year on year to S$547.4 million due to weaker regional currencies and weakness in China.NPI slipped by 1.5% year on year to S$472.5 million while DPU fell by 10.2% year on year to S$0.06098 because of higher finance costs.MLT’s trailing 12-month DPU came in at S$0.08309, giving its units a trailing distribution yield of 6.5%.Despite the weaker results, investors should note that borrowing costs are easing as these only rose 0.3% quarter-on-quarter.The REIT also saw portfolio occupancy at 96.3% while portfolio rental reversion came in positive at 3.4%, reversing the previous quarter’s decline of 0.6%.Frasers Logistics & Commercial Trust (SGX: BUOU)Frasers Logistics & Commercial Trust, or FLCT, is a logistics and commercial REIT with a portfolio of 112 properties across five countries.FLCT’s AUM stood at around S$6.8 billion as of 30 September 2024.The REIT reported a mixed set of results for its fiscal 2024 (FY2024) ending 30 September 2024.Both revenue and NPI improved by 6.2% and 2.7%, respectively, to S$446.7 million and S$320 million.DPU, however, tumbled 3.4% year on year to S$0.068 because of higher interest costs.At a unit price of S$0.885, FLCT’s units offer a trailing distribution yield of 7.7%.Despite the lower DPU, there were several positive signs that investors should note.The REIT continued to maintain a high portfolio occupancy of 94.5%.Also, FY2024 rental reversion came in strong at positive 38.8%.Aggregate leverage also stood at just 33%, giving the REIT a debt headroom of S$801 million before it hits the 40% level.AIMS APAC REIT (SGX: O5RU)AIMS APAC REIT, or AAREIT, owns a portfolio of 28 industrial properties in Singapore (25) and Australia (3).The portfolio’s AUM stood at S$2.2 billion as of 30 September 2024.AAREIT reported a respectable set of earnings for the 1H FY2025 with gross revenue jumping 7.7% year on year to S$93.5 million.NPI increased by 5.1% year on year to S$67.6 million while DPU edged up 0.4% year on year to S$0.0467.AAREIT’s trailing 12-month DPU stood at S$0.0938, giving its units a trailing distribution yield of 7.4%.The REIT maintained a high portfolio occupancy of 95% with a total of 194 tenants within its portfolio.Rental reversion came in strong at positive 16.9% for 1H FY2025 and tenant retention rate was also high at 78.6%.ESR REIT (SGX: J91U)ESR REIT (formerly ESR-Logos REIT) owns a portfolio of 71 properties in Singapore (52), Australia (18) and Japan (1).The total AUM stood at S$5 billion as of 30 June 2024.ESR REIT reported a downbeat set of earnings for 1H 2024, with gross revenue and NPI tumbling 8.1% and 9.2% year on year, respectively, to S$180.9 million and S$127.8 million.DPU tumbled 18.6% year on year to S$0.0122.The REIT’s trailing 12-month DPU stood at S$0.02308, giving its units a trailing distribution yield of 8.9%.ESR REIT released its 9M 2024 business update recently.Gross revenue and NPI continued its downward trend, declining by 6.3% and 6.5%, respectively, to S$272.5 million and S$192.7 million.However, this was offset by a high portfolio occupancy rate of 91.3% along with a positive rental reversion of 11% for 9M 2024","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":1,"repostSize":1,"favoriteSize":6,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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