Summary of REITs Financial Results in 1Q2016

Most or all of the REITs in my portfolio have completed announcing their 1Q2016 results. There are some hits and some misses. As shown in the table I summarized below, Distribution Per Unit (“DPU”) increases for 6 out of 11 REITS I am holding while DPU fell for the other 5.

DPU fell for those REITs that focuses on a single industry sector such as industrial, retail or office. REITs like Suntec REIT which has a combination of office and retail survived the economy downturn. Mapletree Commercial Trust did fairly well too as it has a combination of office and retail (Vivocity).

Those with overseas assets did well too. Frasers Commercial Trust has both Singapore and Australian properties. Lippo Malls Indonesia Retail Trust did well as its malls are in Indonesia.

Having said so much, I just want to highlight the importance of diversification of portfolio.

Stock Name

Date Of Release

Of

Financial Results

Dividend Per Unit (DPU)

Increase or Fall

Frasers Commercial TrustWednesday, 20 January 2016DPU Increase
CapitaMall TrustFriday, 15 April 2016DPU Increase
Keppel ReitThursday, 14 April 2016DPU Fall
Soilbuild Business ReitThursday, 14 April 2016DPU Fall
Suntec REITThursday, 21 April 2016 DPU Increase
Mapletree Commercial TrustTuesday, 26th April 2016  DPU Increase
Parkway Life ReitTuesday, 26th April 2016  DPU Fall
Far East Hospitality TrustWednesday, 27th April 2016  DPU Increase
Cambridge Industrial TrustThursday, 28th April 2016  DPU Fall
Lippo Malls Indonesia Retail TrustTuesday, 3rd May 2016  DPU Increase
OUE Hospitality TrustFriday, 6th May 2016DPU Fall

Keeping Track of 1st Quarter 2016 Financial Results

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Below are the REITS I currently hold in my portfolio. Most of them will be announcing their 1st Quarter 2016 financial results. To keep track of the date of release of the 1st quarter 2016 financial results, I have decided to track them using the table below.

So far, only CapitaMall Trust have reported an increase in DPU. Keppel Reit and Soilbuild Business Reit have reported a fall in DPU.

Stock Name

Date Of Release

Of

1st Quarter 2016 Financial Results

Dividend Per Unit (DPU)

Increase or Fall

Frasers Commercial TrustWednesday, 20 January 2016DPU Increase
CapitaMall TrustFriday, 15 April 2016DPU Increase
Keppel ReitThursday, 14 April 2016DPU Fall
Soilbuild Business ReitThursday, 14 April 2016DPU Fall
Suntec REITThursday, 21 April 2016 Pending
Mapletree Commercial TrustTuesday, 26 April 2016  Pending
Parkway Life ReitTuesday, 26 April 2016  Pending
Far East Hospitality TrustWednesday, 27 April 2016  Pending
Cambridge Industrial TrustThursday, 28 April 2016  Pending
Lippo Malls Indonesia Retail TrustTuesday, 3 May 2016  Pending