Singapore and emerging market real estate

Royston Foo

Equity Bottom-Up

<p>Time is almost ripe for SPH to divest The Seletar Mall to SPH REIT. SPH owns 70% interests in the SPV that owns The Seletar Mall and United Engineers holds the balance 30% interests. Potential impact on NAV might be muted due to the small size of its investment relative to its portfolio size but UEL will benefit from an improved cash and net gearing position after divestment.</p>

Time is almost ripe for SPH to divest The Seletar Mall to SPH REIT. SPH owns 70% interests in the SPV that owns The Seletar Mall and United Engineers holds the balance 30% interests. Potential impact on NAV might be muted due to the small size of its investment relative to its portfolio size but UEL will benefit from an improved cash and net gearing position after divestment.

United Engineers – Potential Windfall from the Impending Divestment of The Seletar Mall?

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">



September Quarter Earnings Schedule for S-REITs

Real Estate, General Equities

Will Tan

Thematic (Sector/Industry)

<p>This is a weekly summary covering the week of 9 Oct 2017 on news flow reported in the media and updates on the Singapore REIT (S-REIT) sector, along with recap on notable research by the Smartkarma community.</p>

This is a weekly summary covering the week of 9 Oct 2017 on news flow reported in the media and updates on the Singapore REIT (S-REIT) sector, along with recap on notable research by the Smartkarma community.

S-REIT Weekly: What Transpired in the S-REIT Scene - Viva Declines ROFR, SPH REIT Growth Limited

Singapore’s REIT Sector Averaged 19% YTD Total Returns

Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

<p>We visited the newly completed residential project, The Crest on 17th Mar 2017. The Crest is developed by <a href="https://www.smartkarma.com/entities/19015" target="_blank" data-smartkarma-citation="entities:19015:1">Wing Tai Holdings Ltd (WINGT SP)</a> and designed by award-winning Japanese architect Toyo Ito. The Crest is located at the high-end Jervois precinct, fronted by the ultra-high end Good Class Bungalow estates of Chatsworth and Bishop Gate.  The project has just obtained Temporary Occupation Permit and the developer held a briefing and site visit for real estate agents. </p><h2>What is on offer? </h2><p>The…</p>

We visited the newly completed residential project, The Crest on 17th Mar 2017. The Crest is developed by Wing Tai Holdings Ltd (WINGT SP) and designed by award-winning Japanese architect Toyo Ito. The Crest is located at the high-end Jervois precinct, fronted by the ultra-high end Good Class Bungalow estates of Chatsworth and Bishop Gate.  The project has just obtained Temporary Occupation Permit and the developer held a briefing and site visit for real estate agents. What is on offer? The…

Singapore

PARAGON REIT is a Singapore-based REIT established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Paragon REIT (PGNREIT SP)

United Engineers – Potential Windfall from the Impending Divestment of The Seletar Mall?

Time is almost ripe for SPH to divest The Seletar Mall to SPH REIT. SPH owns 70% interests in the SPV that owns The Seletar Mall and United...

Royston Foo

September Quarter Earnings Schedule for S-REITs

Singapore Exchange Ltd (SGX)

S-REIT Weekly: What Transpired in the S-REIT Scene - Viva Declines ROFR, SPH REIT Growth Limited

This is a weekly summary covering the week of 9 Oct 2017 on news flow reported in the media and updates on the Singapore REIT (S-REIT) sector,...

Will Tan

Singapore’s REIT Sector Averaged 19% YTD Total Returns

Singapore Exchange Ltd (SGX)

On Site: The Crest by WingTai Holdings

We visited the newly completed residential project, The Crest on 17th Mar 2017. The Crest is developed by Wing Tai Holdings Ltd (WINGT SP) and...

TAN Kok Keong

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)