My Personal Analysis Of Frasers Commercial Trust

Frasers Commercial Trust (“FCOT”) currently makes up 2% of my stock portfolio. I cannot remember how long I have held this REIT but I have bought it in my early days of investing. I have been hesitating to increase my holdings of FCOT because China Square Central and Alexandra Technopark are both undergoing Asset Enhancement Initiative (“AEI”). Another reason was Hewlett Packard vacating Alexandra Technopark, which has a pretty big impact on its rental income since HP used to be one of its top ten tenants. With AEI at Alexandra Technopark completing in 2H2018 and China Square Central in 2H2019, it is probably time for me to take a look at the current performance of Frasers Commercial Trust (“FCOT”). Read More

What To Invest Now?

Previously, I wrote about re-investing the money I gotten from the sale of Suntec REIT. This puts me in a dilemma as I do not know which REIT in my stock portfolio should I increase my position. Thus, the best way to find out is to compare their current dividend yield for better decision making.

The minimum criteria for my next REIT selection is that the current dividend yield should be better than Suntec REIT which currently yields 5.21% based on the current price of S$1.92.

From the below table that I have tabulated, ParkwayLife REIT is definitely out of the game as it current gives a dividend yield of 4.93%. I have also eliminated CapitaMall Trust as its dividend yield is 5.26% which is very much close to Suntec REIT’s dividend yield of 5.21%.

I have also eliminated OUE Hospitality Trust due to its poor 2Q2018 financial results. (Read more: OUE Hospitality Trust 2Q2018 Financial Results – Still Awaiting The Jewel) Read More

My Personal Analysis of Frasers Logistics and Industrial Trust

Frasers Logistics and Industrial Trust has been the hot topic recently. Frasers Logistics and Industrial Trust is an industrial REIT focused on prime properties concentrated in major industrial markets in Australia.  IPO in 2016, the REIT has been generating an accretive yield for dividend investors. I considered the manager of the REIT to be aggressive as less than 2 years from its listing date (“20 June 2016”), the manager announced the acquisition of another 21 prime properties in Germany and the Netherlands on 20th April 2018. The acquisition was funded through a private placement which raised S$329 million. Read More