Suntec REIT purchased a 50% ownership interest in the freehold property for S$299.8 million. NIO Inc. (SGX:NIO) We've detected you are on Internet Explorer.

Location: Nova Estate, Buckingham Palace Road and Bressenden Place, London SW1.

Updated on 29 Apr 2022. One Raffles Quay is valued at S$1.3 billion as of 30th September 2020. Each investor selects which individual properties to invest in and has full flexibility on constructing their real estate portfolio through the co-investment platform. Peers are sorted by market capitalisation and only details for the top 10 will be shown. Disclaimer: The information and/or documents contained in this article does not constitute financial advice and is meant for educational purposes. With RealVantage, investors are able to leverage on the teams expert knowledge of the market. 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. 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). Comprehensive historical prices of stocks since IPO available for download in CSV format. Location: 55 Currie Street, Adelaide, SA 5000, Australia. Copyright 2022 Moomoo Technologies Inc. All Rights Reserved.

Read also: Investing in Australian Residential Real Estate, Location: 177 Pacific Highway, North Sydney, NSW 2060, Australia. The definition of company insiders can be subjective and does vary between jurisdictions.

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. Singapore REITs may benefit from haven status amid market volatility. Converse, CGS-CIMB Downgrades Suntec REIT to Hold From Add, Keeps Price Target at SG$1.79, 11:54 PM EDT, 04/27/2022 (MT Newswires) -- Suntec REIT (SGX:T82U) has an average rating of outperform and price targets ranging from SG$1.45 ($1.05) to SG$2.02, according to analysts polled by Capita.

Of course, the future is what really matters. Check whether certain stocks perform better during different months of the year. Suntec REIT's portfolio comprises office and retail properties in: Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited (the "Manager"). The property generates an annual net property income of S$2.3 million. RHB Group Research Adjusts Suntec REIT's Price Target to SG$1.95 From SG$2, Keeps at Buy, 03:59 AM EDT, 07/19/2022 (MT Newswires) -- Price (SGD): S$1.58, Change: S$+0.01, Percent Change: +0.64%, Suntec REIT's Slump on Rate-Increase Fears Looks Overdone to RHB Research -- Market Talk, 0615 GMT - Suntec REIT's unit-price slide since the April peak on fears of Fed rate increases looks overdone, RHB Research analyst Vijay Natarajan says in a research note. Calculated based on Net Earnings / (Shareholders' Equity - Other Share Capital), Calculated based on (Current Year Revenue - Last Year Revenue) / Last Year Revenue, Calculated based on (Current Year Earnings - Last Year Earnings) / Last Year Earnings, Calculated based on (Long Term Debt + Short Term Debt - Cash and Short Term Investments)/(Shareholders' Equity - Other Share Capital). 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. Technical trend reports and trading alerts from Trading Central covering Singapore and Malaysia stocks. Your email address will not be published.

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. US Indices updated twice daily at 7:30am and 7:30pm. If you continue to use this site we will assume that you are happy with it. Use our cloud-based market screener to filter out stock investing choices using a combination of FA and TA criteria. A Singapore trust company licensed by the Monetary Authority of Singapore to carry on trust business and services (Licence Number: No.TC000074). A chronological recording of each individual trades that has been transacted by each counter for the day. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Compare the fundamentals and financials of different stocks. DBS Share Price,

The property was purchased at S$1.5 billion and Suntec REIT holds a 33.3% ownership stake of the property, shared with Hongkong Land and Keppel REIT. industry/index. Singapore shares rise in early trade, tracking gains on Wall Street overnight.

Read on for his insights.

This may not be consistent with full year annual report figures.

Risk-free rates retreat but this could be temporary. Source of the report is credited at the end of article whenever reference is made. Read Also: REITs or Real Estate Co-Investments? This article by Simply Wall St is general in nature. 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.

You can access this free report on analyst forecasts for the company. It tracks the annual movement of share price and volume in a table format. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. Description: Olderfleet is a 39-storey premium-grade office building located in the Melbourne CBD with key transportation connections to the rest of the city, with development completed in July 2020.

Industry/Index Distribution Yield is Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions. But to understand Suntec Real Estate Investment Trust better, we need to consider many other factors. If not, read up on what 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%. Check out our latest analysis for Suntec Real Estate Investment Trust. Suntec REIT purchased the freehold property in 2019 at a purchase price of S$138.9 million.

Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Institutional investors commonly compare their own returns to the returns of a commonly followed index.

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. The responsiveness of the trading system may vary due to market conditions, system performance, and other factors. This can be negative in some circumstances. Trade Summary Matrix aggregrates the data from the Time & Sales by price for easy intepretation. Analyse the recent share buybacks here. 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.

REITs and co-investment platforms provide opportunities for investors to invest in real estate properties previously less accessible to individual investors. All rights reserved. Data may be intentionally delayed pursuant to supplier requirements. 224663). Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 50.0% interest in Southgate Complex, Melbourne, and a 50.0% interest in a commercial building under development which is located at Olderfleet 477 Collins Street, Melbourne, Australia. Registered with the Monetary Authority of Singapore (MAS), moomoo SG is a Capital Markets Services Licence (Licence No. 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. the average market cap for that industry/index. Companies doing share buyback are usually an indication that the company's management thinks the shares are undervalued.

Sometimes, a strong belief is all it takes to come to a sound investment decision.

Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited. Alternatively, email editorial-team (at) simplywallst.com. Our most recent data indicates that insiders own a reasonable proportion of Suntec Real Estate Investment Trust. Allows quick access for fundamental analysis to make timely investment decision. 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. Investors may invest directly in a thoroughly vetted selection of real estate opportunities, and enjoy hassle-free asset management services. Customers should consider the appropriateness of the information having regard to their personal circumstances before making any investment decisions.

Industry/Index/Peers data is updated daily. Financial Industry Regulatory Authority (FINRA)s BrokerCheck. Heres some quick information. Before trading on margin, customers are advised to determine whether this type of trading is appropriate for them in light of their respective investment objective, experience, risk tolerance and financial situation.