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4 Reliable Singapore REITs That You Can Buy and Keep for Your Retirement
The Smart Investor· 2025-09-14 23:30
Core Viewpoint - REITs are highlighted as ideal income instruments for investors, but not all REITs are equally reliable, necessitating careful selection for long-term investment [1] Group 1: Parkway Life REIT - Parkway Life REIT (PLife REIT) is a healthcare REIT with a diversified portfolio of 75 properties valued at S$2.46 billion, including hospitals and nursing homes in multiple countries [2] - For 1H 2025, PLife REIT reported gross revenue of S$78.3 million, an 8.1% year-on-year increase, and net property income of S$73.8 million, up 8% year-on-year [3] - The distribution per unit (DPU) rose 1.5% year-on-year to S$0.0765, supported by a moderate gearing level of 35.4% and a low cost of debt at 1.5% [3][4] Group 2: CapitaLand Ascendas REIT - CapitaLand Ascendas REIT (CLAR) is Singapore's oldest and largest industrial REIT, managing 229 properties with total assets under management (AUM) of S$16.8 billion as of 30 June 2025 [5] - In 1H 2025, CLAR's gross revenue decreased by 2% year-on-year to S$754.8 million, while net property income dipped by 0.9% to S$523.4 million [6] - The DPU fell by 0.6% year-on-year to S$0.07477, but the portfolio maintained a healthy occupancy rate of 91.8% and a positive rental reversion of 9.5% [6] Group 3: Keppel DC REIT - Keppel DC REIT is a data centre REIT with a portfolio of 24 data centres across 10 countries, boasting an AUM of approximately S$5 billion as of 30 June 2025 [8] - The REIT reported a significant gross revenue increase of 34.4% year-on-year to S$211.3 million for 1H 2025, with net property income rising 37.8% to S$182.8 million [8] - DPU increased by 12.8% year-on-year to S$0.05133, with a high portfolio occupancy rate of 95.8% and a strong positive portfolio reversion of around 51% [9] Group 4: Frasers Centrepoint Trust - Frasers Centrepoint Trust (FCT) is a retail REIT with a portfolio of nine suburban retail malls and an office building, managing total AUM of S$7.1 billion [10] - For 1H FY2025, FCT's gross revenue improved by 7.1% year-on-year to S$184.4 million, and net property income climbed 7.3% to S$133.7 million [11] - The DPU inched up 0.5% year-on-year to S$0.06054, with a high portfolio occupancy rate of 99.9% and increased shopper traffic and tenant sales [12]