suntec reit major shareholder

Updated on 29 Apr 2022. We've detected you are on Internet Explorer. Read Also: An Overview of Investing in REITs. Join our webinar where we will discuss how investors are managing the risks from rising interest rates and recessionary threat through allocations to selective U.S. multifamily opportunities. Singapore Telecommunications Price target: DBS Group Research buy $3.24 UOB Kay Hian buy $2.90 Positive earnings outlook on possible divestments Analysts are positive on Singapore Telecommunication (Singtel) as the groups potential divestments of Amobee and Trustwave could mean an up UOB Kay Hian maintains 'overweight' rating for S-REIT sector with 'buy' calls for ART, FCT, FEHT and LREIT. The 0.35 million square feet of office space has a 100% occupancy rate, while the 0.05 million square feet of retail space has a 91.7% occupancy rate. Simply Wall St has no position in any stocks mentioned. Read on for his insights. Yangzijiang Financial (SGX:YF8) Suntec REIT Share Price And Other Key Data (T82U.SI), Current Asset Under Management (AUM): Countries and Assets, Investing in Australian Residential Real Estate, freehold property wholly owned by Suntec REIT, 50% ownership stake in the freehold property in 2017, Suntec REIT purchased the freehold property in 2019, Real Estate Co-Investment The New Alternative. REITs 'not out of the woods yet' but easing of inflation offers respite. Track the movement by insiders to determine their confidence level of earnings going forward. Based on reported cash and cash equivalents at end and extracted from the latest results announcement (Full Year, Half Year or Interim), adjusted for the current number of shares. Read Also: REITs or Real Estate Co-Investments? LHN Logistics (SGX:GIH) Lets take a closer look to see what the different types of shareholders can tell us about Suntec Real Estate Investment Trust. Kick off your investment by screening out counters that fit various TA indicator patterns. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. The newly developed 9-storey building has a total net lettable area of 0.2 million square feet, which has a committed occupancy rate of 68.7%. RealVantage is a real estate co-investment platform that allows our investors to diversify across markets, overseas properties, sectors and investment strategies.Visit our main site to find out more! While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-. Access the list of top shareholders for each company and analyse their ownership details across the globe. Compilation of transactions made by substantial shareholders and directors. RHB Group Research analyst Vijay Natarajan has kept a buy rating on Suntec REIT with a lowered target price of $1.95 from $2.In his July 18 report, the analyst notes that Suntec REITs price has dropped by 15% from the peak in April, mostly on concerns over the increase in financing costs fr Singapore retail sales recovering to pre-pandemic levels. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited. For further information about SIPC insurance coverage for accounts with Moomoo Financial Inc., see or request an explanatory brochure from Moomoo Financial Inc. Investments in stocks, options, ETFs and other instruments are subject to risks, including possible loss of the amount invested. STI & Constituents Share Price Easily find out the latest news affecting regional markets from our consolidated news feed which aggregrates multiple news sources into a single channel. It consists of two Grade A office towers, the 25-storey HWT Centre and the 30-storey IBM Tower, as well as a 3-storey retail area and a 1,026 lot car park. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Of course, the future is what really matters. Suntec Real Estate Investment Trust is not owned by hedge funds. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Copyright 2022 Moomoo Technologies Inc. All Rights Reserved. Check out our latest analysis for Suntec Real Estate Investment Trust. Nova Properties 0.3 million square feet of combined retail and office space has a 100% committed occupancy rate. Suntec REIT owns income-generating properties in both office and retail sectors, making it Singapores first composite REIT. It tracks the movement of orders for your analysis. Description: 177 Pacific Highway is a Grade A commercial property located in Sydneys CBD. Thats quite meaningful. Suntec REIT purchased a 50% ownership stake in the freehold property in 2017 for A$414.2 million, with Mirvac holding the other half of the ownership. ARA Trust Management Limited seeks to deliver consistent returns and achieve long-term capital growth for investors through proactive asset management, strategic accretive acquisitions, and prudent capital management. The upside from organic inco, UBS Downgrades Suntec REIT to Sell From Buy on Unattractive Risk-Reward Profile, Adjusts Price Target to SG$1.52 From SG$1.70, 01:09 AM EDT, 06/23/2022 (MT Newswires) -- Suntec REIT (SGX:T82U) has an average rating of hold and price targets ranging from SG$1.45 ($1.04) to SG$2.02, according to analysts polled by Capital IQ. This may not be consistent with full year annual report figures. The services and products are not available to all customers or in all geographic areas or in any jurisdiction where it is unlawful for us to offer such services and products. Access more than just the streaming stock prices of the SGX market. The property was purchased at S$257.4 million as a freehold property, in which Suntec REIT has a 100% ownership interest, and is worth S$302.4 million as of 30th September 2020. Emperador Inc. (SGX:EMI), Despite narrowed yield spreads, S-REITs offers one of the 'highest' spreads among global markets: RHB. Browse through our complete catalog of Annual Reports for listed companies. The property is valued at S$276 million as of 30th September 2020, with a total net lettable area of 0.2 million square feet and a 98.2% occupancy rate. ARA Asset Management Limited is the second largest shareholder owning 8.4% of common stock, and BlackRock, Inc. holds about 4.7% of the company stock. It is important to understand that SIPC protects customer accounts against losses caused by the financial failure of the broker-dealer, but not against an increase or decrease in the market value of securities in customers' accounts. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. Oiltek International (SGX:HQU)

Snapshot of stock price statistics and financial ratios of counter. The 31-storey building has a total net lettable area of 0.4 million square feet with a 100% occupancy rate. Technical trend reports and trading alerts from Trading Central covering Singapore and Malaysia stocks. For instance, Digital Core REIT, which was listed in December last year at 88 US cents ($1.22), promptly rose to a high of US$1.20 in the wake of its IPO. Total Shareholder Return (TSR) combines share price appreciation and distributions paid to show the total return to the shareholder expressed as a percentage. And the group that holds the biggest piece of the pie are individual investors with 50% ownership.

5E Resources (SGX:NLC) Description: 55 Currie Street is a 12-storey Grade A office property in Adelaides CBD, just 5 minutes from Adelaide railway station. The property was purchased at S$941.5 million and Suntec REIT currently holds a 33.3% ownership stake of the property, shared with Hongkong Land and Keppel REIT.Read also: Keppel REIT Overview, Marina Bay Financial Centre (MBFC) Properties. A broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) (CRD: 283078/SEC: 8-69739), and a member in good standing of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Earnings Calendar, SIA Share Price, Location: Nova Estate, Buckingham Palace Road and Bressenden Place, London SW1. The same can be achieved by studying analyst sentiments. Rounded to the nearest thousand. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. This can be negative in some circumstances. Financial Highlights for Suntec REITs 2020 Financial Year, Location: 3, 5, 6, 7, 8 and 9 Temasek Boulevard, 1 Raffles Boulevard, Singapore. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. You can access this free report on analyst forecasts for the company. Suntec REIT purchased a 50% ownership interest in the freehold property for S$299.8 million. Your email address will not be published. Keep abreast of stock events for the day and react accordingly to different events. Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions. Moomoo Financial Inc. is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

The services and products offered on the website are subject to applicable laws and regulations, as well as relevant service terms and policies. Institutional investors commonly compare their own returns to the returns of a commonly followed index. Suntec REIT purchased the freehold property in 2019 at a purchase price of S$138.9 million. We aim to bring you long-term focused analysis driven by fundamental data. Based on latest results announcement (Full Year, Half Year or Interim), adjusted for carrying value of "Other Share Capital", illustrative financial effects of corporate actions (if applicable) and the current number of shares. Case in point: Weve spotted 4 warning signs for Suntec Real Estate Investment Trust you should be aware of, and 3 of them are potentially serious. ARA manages both listed and unlisted REITs, private equity funds, and credit funds across 28 countries, and operates real estate management teams across each of its markets to manage its real estate portfolio. It shows the distribution of trades at different price levels. Past performance should not be viewed as an indicator of future results. US Indices updated twice daily at 7:30am and 7:30pm. Institutions, on the other hand, account for 25% of the companys stockholders. Our investor, Kevin Law, is one who appreciates that investment approach. The substance is as articles, slideshows and videos. On comparison with the current share price, you will be able to determine if the stocks are undervalued or overvalued. The property generates S$8.8 million in net property income annually and is valued at S$621.5 million, as of 30th September 2020. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. The easing of restrictions in April 2022 also benefited REIT market sectors including hospitality, retail, and office. Because of the large companies occupying the office space, the office space has a 100% occupancy rate, with a slightly lower retail occupancy rate of 97.4%. Alternatively, email editorial-team (at) We use cookies to ensure that we give you the best experience on our website. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Price Targets with Substantial Upside / Downside Potential, Average Target Price & Fair Value Recommendations, STI Constituents Price Targets & Stock Ratings, Price Target with Substantial Upside/Downside Potential, Latest Share BuyBack On Market Transactions, Upcoming Dividends / Rights / Share Entitlements. (, UBS Downgrades Suntec REIT to Sell From Buy, Adjusts Price Target to S$1.52 from S$1.7, 02:48 AM EDT, 06/22/2022 (MT Newswires) -- Price (SGD): S$1.63, Change: S$+0.02, Percent Change: +1.24%, Real estate sector in Asia-Pacific to remain 'resilient': ULI. First purchased at 430.6 million, the asset is a long leasehold property, with its lease expiring in 3062. This implies the analysts working for those institutions have looked at the stock and they like it. Get educated on the various financial jargons and features in ShareInvestor through our blog. Your email address will not be published. Information contained on this website is general in nature and has been prepared without any consideration of customers investment objectives, financial situations or needs. Check out the latest happenings on the Malaysia financial markets from our consolidated news sources. 55 Currie Street is made up of 0.3 million square feet of office space, which has a 91.7% committed occupancy rate, generating S$3.0 million in net property income annually. Quote Movements expands on the Time & Sales and captures all the changes in the Buy/Sell Queue. Heres some quick information. HK strategic investor sees the potential in elect 4 Companies with 30% Dividend CAGR & Sustainable Payout Ratio, Another entire floor at Suntec City Tower 2 for sale at S$36m, Entire floor at Suntec City Tower 2 up for sale at $36m, Suntec Reit: Financial Statements and Related Announcement :: Notification of Results Release, Suntec Reit: General Announcement :: Business Updates for quarter ended 31 March 2022 - ESR Group and REITs Corporate Access Day, Entire floor at Suntec City Tower 2 sold for S$38.8m, S'pore resident buys entire floor of Suntec City Tower 2 for $38.8m, FTSE ST All-Share Real Estate Investment Trusts Index, Comprehensive Financial Ratios(ROA, ROE, Price/Revenue, Net Earnings Margin, Current Ratio, Debt to Equity Ratio etc). Bronx Business Leaders Oppose Busway That Would Help 85,000 Riders Streetsblog New York City, Forced out due to eminent domain, business owners want more money from PennDOT, The Business of Law in Asia: One Size Does Not Fit All, Dont let Starbucks take away our public bathroom, Yampa Valley Green Business Program debuts, offers businesses incentives, Black Business Expo and Financial Empowerment Summit to be held Friday in downtown Flint. Generally speaking, as a company grows, institutions will increase their ownership. Its total net lettable area of 0.4 million square feet has a committed occupancy rate of 98.4%, generating S$6.9 million annually. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019 Refinitiv. Companies doing share buyback are usually an indication that the company's management thinks the shares are undervalued. Southgate Complex is worth S$391.5 million as of the latest valuation on 31st December 2019, and makes an annual net income contribution of S$2.7 million. Copyright 2019 Suntec REIT. Are you looking to purchase a property in Singapore but are clueless about the buyers stamp duties you need to pay? But just like anyone else, they could be wrong. Description: MBFC Properties is a large office property, with a small proportion of retail space, located at the heart of Marina Bay in Singapore. Adjusted based on Total Return After Tax and Minority Interests, Before Distribution less income to be distributed to Perpetual Securities holders of $11,093,000. Undervalued? Here's What Suntec Real Estate Investment Trust's (SGX:T82U) Shareholder Ownership Structure Looks Like, The big shareholder groups in Suntec Real Estate Investment Trust (SGX:T82U) have power over the company. Copyright 2019 FactSet Research Systems Inc. All rights reserved. Find out what analysts are calling on the forward earnings of a company in our comprehensive Consensus Estimates coverage. OCBC Share Price, NEW: The moomoo app is an online trading platform offered by Moomoo Technologies Inc. Securities, brokerage products and related services available through the moomoo app are offered by including but not limited to the following brokerage firms: Moomoo Financial Inc. regulated by the U.S. Securities and Exchange Commission (SEC), Moomoo Financial Singapore Pte. Investment products are not insured by the Federal Deposit Insurance Corporation (FDIC) or guaranteed by a bank, and may decline in value. Both REITs and co-investments can provide returns in the form of dividends, paid out at specified times throughout the investment, and also through capital appreciation. No content on the website shall be considered as a recommendation or solicitation for the purchase or sale of securities, futures, or other financial products. However, REITs are a form of indirect investment since these investors invest in the REIT rather than directly in the property. Its portfolio comprises office and retail proper Chief Executive Officer & Executive Director. With Singapores meetings, incentives, conventions and exhibitions (MICE) industry expected to post a strong recovery, thanks to the citys reopening to fully-vaccinated visitors with no quarantine and testing requirements, DBS is keeping optimistic on this sector and believes that this will sup Aspring to become the next Blackstone, the 135-year-old conglomerate amps up hospitality and real estate investmentsHotels the world over have faced a distressing two years and counting. industry/index. The yield on 10-year Singapore Government Securities (SGS), the so-called risk free rate, has retreated somewhat from its peak of 3.18% since mid-June. Suntec Real Estate Investment Trust (Suntec REIT) was founded in 2004 and subsequently became listed on the Singapore Exchange (SGX-ST) on the 9th of December in the same year. You will need to make your own independent judgment regarding the analysis. The Fed's clarity on its rate-rise trajectory will likely lead to more price stability for Singapore REITs, they say. Account access and trade execution may be affected by factors such as market volatility. Location: 21 Harris Street, Pymont NSW 2009, Australia.

The definition of company insiders can be subjective and does vary between jurisdictions. Suntec REIT is managed by ARA Trust Management Limited, a subsidiary of ARA Asset Management Limited. Maybank Securities analysts Chua Su Tye and Li Jialin have maintained their positive rating on the Singapore REITs (S-REITs) sector, although with an eye toward rising interest rates and costs.Funding cost concerns have gained prominence with the Feds steepeningrate hike path, the ana Suntec REIT Dividends / Corporation Actions. Source: FactSet. Listed on 9 December 2004 on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST"), Suntec Real Estate Investment Trust ("Suntec REIT") is the first composite REIT in Singapore, owning income-producing real estate that is primarily used for office and/or retail purposes. Alpina (SGX:ZXY) Check whether certain stocks perform better during different months of the year. The figure pertains to the respective exchange the stock is listed on. For companies, Market Cap is based on the trading currency of the company. is a webpage focused on sharing informational and educational substance that is available out there on the web especially in the business, finance, and sales field. Description: One Raffles Quay is a landmark commercial development located between Marina Bay and Raffles Place, in the heart of the Singapore CBD. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Electronic trading also poses risks to investors. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. If the recent privatisation offer for Frasers Hospitality Trust is anything to go by, some hospitality names are UBS downgrades Suntec REIT to 'sell' due to 'unattractive' risk-reward profile. Ultimately the future is most important. We bring you the latest market moving news concerning the Singapore financial markets in one place. Industry/Index/Peers data is updated daily. Peers are sorted by market capitalisation and only details for the top 10 will be shown.

A chart summarising the Buy Up and Sell Down trades made by different categories of investors. UOB Kay Hian analyst Jonathan Koh has maintained his overweight rating for the Singapore REIT (S-REIT) sector, which he believes is resilient due to its defensive characteristics and stable cash flows.In his report on July 19, Koh notes that the sector underperformed the benchmark Strait RHB lowers Suntec REITs TP, but still keeps 'buy' call as REIT is deemed 'oversold' on rate hikes. Saves time compared to viewing individual charts manually to spot trends. The Office segment comprises of Suntec city, park mall, and pacific highway. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Free trading refers to $0 commissions for Moomoo Financial Inc. self-directed individual cash or margin brokerage accounts of U.S. residents that trade U.S. listed securities via mobile devices or Web. the average market cap for that industry/index. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. The property has a high occupancy rate of 97.0% in their retail space and 93.3% in their office space, generating up to S$30.2 million annually. One Raffles Quay is valued at S$1.3 billion as of 30th September 2020. Registered with the Monetary Authority of Singapore (MAS), moomoo SG is a Capital Markets Services Licence (Licence No. Save my name, email, and website in this browser for the next time I comment. UOB Share Price, The property is made up of two Grade A office buildings with ancillary retail spaces within. Copyright 2022 Dow Jones & Company, Inc. All Rights Reserved. The property was purchased at S$245.1 million as a 99-year freehold property, of which Suntec REIT has a 30% ownership share, shared with Haiyi Holdings and SingHaiYi Group. When you know what you're looking for, our market screener will cut your research time from hours to seconds. reit capitaland suntec ifast By continuing to use this webite, you will be agreeing to our. Average price target from 15 ratings: $$1.75, Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. But its not all guesswork or feel-good factors that contribute to a strong belief. Analyse the recent share buybacks here. Can you share more about Suntec REITs recent financial performance?Listed in 2004, Suntec REIT holds properties in Suntec City, Singapores largest integrated commercial development, Australia and the UK. Description: 21 Harris Street is a Grade A office property located 2 kilometres from Sydneys CBD. Research the best high yield stocks by analysing the dividend history of each company and gain new insights into the dividend trend using our financial charts. The general public including retail investors own 50% of Suntec Real Estate Investment Trust. Industry/Index PE is calculated using (Total Market Cap/Total Earnings) of all companies in the Allows quick comparison of quarterly, bi-annual or annual results. and join us as a subscriber. Singapore shares rise in early trade, tracking gains on Wall Street overnight. Brokerage accounts with Moomoo Financial Inc. are protected by the Securities Investor Protection Corporation (SIPC). Our most recent data indicates that insiders own a reasonable proportion of Suntec Real Estate Investment Trust. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom.

International stock quotes are delayed as per exchange requirements. Past performance of investment products does not guarantee future results. Do a comparison of different stocks to find out which one is better. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Suitable for use in 3rd party chart plotting software. Suntec City is valued at S$5.6 billion as of 30th September 2020, and made up of 1.3 million square feet of office space, 0.9 million square feet of retail space, and 0.3 million square feet of convention space. Disclaimer: The information and/or documents contained in this article does not constitute financial advice and is meant for educational purposes. cheung kong