I’ve been following the S-REIT earnings closely, and today’s results look solid. $Frasers Centrepoint Trust(FRZCF)$ continues to shine in suburban retail, with strong revenue and NPI growth driven by new acquisitions and AEI upgrades. Though DPU growth was modest, occupancy remains healthy and shopper traffic is trending up — a good sign for long-term stability.

$Suntec Reit(T82U.SI)$ delivered one of its best quarters in a while, with DPU up 12.5% thanks to stronger Singapore performance and lower financing costs. The rebound in MICE events and festive season boost at Suntec City Mall should support momentum, even as overseas assets face some pressure.

$OUEREIT(TS0U.SI)$ headline dip was mainly due to its earlier divestment, but underlying numbers show resilience, with positive rental reversions and lower borrowing costs. Personally, I prefer the “stable yield” route — focusing on well-managed REITs with predictable income.

@Tiger_SG @TigerStars @Tiger_comments

# SG Earnings Season: Share Your 1-Sentence Insight!

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  • fishhhh
    ·2025-10-24
    It's great to see your deep dive into S-REITs
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