Suntec REIT

Suntec Real Estate Investment Trust ("Suntec REIT") is the first composite REIT in Singapore, owning real estate that is primarily used for office and/or retail purposes.

See below for the Latest Suntec REIT News, Analysis, Profit Results, Share Price Information, and Commentary.

Suntec REIT’s H1 distributable income is $88.7m; DPU is 3.042 cents

Higher costs and vacancies in its Australia and UK properties weighed on income.

Suntec REIT’s H1 distributable income is $88.7m; DPU is 3.042 cents

Higher costs and vacancies in its Australia and UK properties weighed on income.

Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226

The REIT recorded a lower DPU and a higher revenue for Q1 2O24.

Suntec REIT's distributable income dips 1.1% YoY in 1Q24

With lower income, the REIT also reported a 1.8% dip in DPU.

SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst

Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.

Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23

Given the decline, the REIT proposed a 14.0% YoY lower DPU.

Keppel REIT bumps off Olam Group in STI reserve list

STI constituents, on the other hand, were unchanged. 

Which 20 Singapore stocks booked the most net retail inflow in 1H23?

Net retail inflow booked by SG stocks in 1H23 hit $1.49b.

Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23

Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.

Suntec REIT ‘vulnerable’ due to its exposure to tech sector: broker

It is also facing headwinds such as slow demand and cost pressures.

Suntec REIT's distributable income rises 3.4% YoY to $255.5m in FY22

The increase also pushed distribution per unit up to $0.08884.

Rising rents to boost Suntec Reit’s office, retail assets: Maybank 

The firm’s distribution per unit went up 15% in the second quarter of 2022.

Suntec REIT DPU rises 15.8% YoY in H1

Its distributable income from operations increased by 7.1% You to $126.6m.

Suntec REIT's net income jumps 24.9% to $74.3m

The increase was due to higher contributions from Suntec Mall, and two other properties.

Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21

The result was due to a higher distribution income of $129m.

Suntec REIT DPU up 20.8% YoY in Q3

This strong performance was due to the recent acquisitions by the company.