After the resounding success of REITs Symposium 2017, the fourth edition is back and it’s bigger and better!
Featuring over 30 REITs companies and ETF issuers, here’s your chance to rub shoulders with their CEOs, hear from them and engage the teams in conversations to increase your financial savviness.
Register now to ensure a seat!
Mr Lee Yi Shyan is the chairman of the board of OUE Hospitality REIT Management Pte. Ltd.
Mr Lee joined OUE Limited as an executive adviser to chairman of OUE Limited in January 2016. He is currently the chairman of the boards of OUE Lippo Healthcare Limited and OUE USA Services Corp.
Mr Lee is also an elected member of parliament for East Coast GRC. Mr Lee has been appointed as chairman of Business China since 1 October 2016. He is also the chairman and director of ICE Futures Singapore Pte. Ltd. (“IFSG”), a company which operates as an approved exchange under the supervision of the Monetary Authority of Singapore (“MAS”), and ICE Clear Singapore Pte. Ltd., which operates as an approved clearing house under the supervision of MAS, and a director of ICE Singapore Holdings Pte. Ltd. the holding company of IFSG.
Prior to joining OUE Limited, Mr Lee was a member of the Cabinet of the Singapore government from 2006 to 2015.
Conference starts in:
Online Price: $18
Walk In Price: $20
Free seating on a first-come, first-served basis. Lunch is not provided.
Chief Executive Officer and Executive Director
OUE Commercial REIT Management
Ms Tan has extensive experience in corporate finance, investments, mergers and acquisitions, financial management and investor relations, with more than 14 years of experience in direct real estate investments and fund management. Prior to joining OUE Commercial REIT, she was with Ascendas Funds Management Pte Ltd, the manager of Ascendas REIT, the largest industrial REIT in Singapore, from 2008 to 2013, where she had overall strategic and operational responsibility for Ascendas REIT’s Singapore assets. Ms Tan was also responsible for formulating and executing appropriate strategies and plans to meet the funding requirements of Ascendas REIT, as well as investors’ relations.
From 2007 to 2008, Ms Tan was with the wealth management segment of UBS as Director, Real Estate Investment Management. From 2001 to 2007, she was with Ascendas Pte Ltd where her responsibilities included evaluating and structuring potential property investment and fund management opportunities.
From 1998 to 2001, Ms Tan was with PrimePartners Asset Management Pte Ltd, where her duties included evaluating and executing potential private equity investment opportunities. Between 1995 to 1998, she was with various banks where her responsibilities included advising companies on capital market transactions and other fund-raising exercises.
Ms Tan holds a Bachelor of Arts (First Class Honours) in Economics from the University of Portsmouth, United Kingdom, and is also a Chartered Financial Analyst.
Executive Director and Chief Executive Officer
Ascendas India Trust
Mr. Dasgupta has around 22 years of experience in the areas of real estate fund management, corporate finance, strategy and financial control. Mr. Dasgupta has been with Ascendas Property Fund Trustee, the Trustee-Manager of Ascendas India Trust, since January 2014. Over this period, the AUM of Ascendas India Trust has grown from SGD 1.0 billion to SGD 1.6 billion. Immediately prior to joining the Trustee-Manager, he was working as President of Real Estate at ICICI Venture Funds Mgmt. Co. Ltd., a leading private equity fund manager in India. In that role, Mr. Dasgupta was responsible for investments and portfolio management of the Real Estate funds of around USD 600 million. His key achievements included creation of a real estate structured investment product and a managed account platform through which he led investments in Mumbai, NCR and Bangalore. Prior to joining ICICI Venture, Mr. Dasgupta managed real estate investments of around USD 430 million as Managing Director at Future Capital Real Estate, a leading real estate development oriented fund manager. He led several landmark investments in metros such as Mumbai and Bangalore and in high growth tier 2 cities.
Mr. Dasgupta’s prior work experience included stints with organisations such as Tata Group and Merrill Lynch across India, Hong Kong and London. Mr. Dasgupta is a qualified chartered accountant, graduate company secretary and holds a Master of Business Administration from London Business School.
Chief Executive Officer and Executive Director
OUE Hospitality Trust
Mr. Chong has more than 25 years of financial and management experience. Prior to joining the Managers, Mr. Chong was the chief executive officer of The Ascott Limited ("Ascott") from February 2012 to May 2013 where he was responsible for determining the overall business, investment and operational strategies for Ascott. He was the chief executive officer of Ascott Residence Trust Management Limited from 2005 to February 2012. Ascott, a wholly-owned subsidiary of CapitaLand Limited, is the world's largest international serviced residence owner-operator and it is the sponsor of Ascott Residence Trust which was listed on Singapore Exchange Securities Trading Limited (the "SGX-ST") in 2006.
From May 2001 to September 2004, he was with Raffles Holdings Limited as their chief financial officer.
Mr. Chong is currently the president of the Orchid Country Club General Committee and chairman and non-executive director of NTUC Foodfare Cooperative Ltd. Mr. Chong is an elected member of parliament for Bishan-Toa Payoh GRC.
Mr. Chong holds a Bachelor of Accountancy degree from the National University of Singapore and completed Harvard Business School's Advanced Management Program in 2008. He is a member of the Institute of Singapore Chartered Accountants.
Chief Executive Officer
Manulife US REIT
Ms Jill Smith is the Chief Executive Officer (CEO) of the Manager. She works with the Board to determine the strategy of the REIT. Ms Smith is also responsible for the overall day-to-day management and operations of the REIT, and works closely with the Manager's investment, asset management, financial, operations plus legal and compliance teams to meet the REIT's strategic, investment and operational objectives.
Ms Smith has over 40 years of experience as an investment management professional in Asia and Europe. She has extensive experience in portfolio management, business development and management, as well as in sales and marketing. Previously to joining the Manager, Ms Smith held several senior executive positions within Manulife Asset Management. She was Senior Managing Director, Chief Executive Officer and Chief Investment Officer for Manulife Asset Management (Singapore) Pte. Ltd. Ms Smith was previously a Director of several Manulife overseas entities.
Prior to joining Manulife in 2007, Ms Smith was with Western Asset Management (Singapore), Rothschild Asset Management (Singapore) and Lazard Investors (Singapore). Before moving to Singapore in 1993, Ms Smith held a number of senior positions with leading U.K. financial companies.
Ms Smith holds a Bachelor of Arts (Honours) in Sociology and a Postgraduate Certificate of Education, both from Durham University, UK.
Head of Research and Products
Singapore Exchange (SGX)
Mr Chan is the Head of Research and Products at Singapore Exchange (SGX), he is responsible for the research content and securities product development and management. A strong advocate for investor education, he manages a team that produces content to highlight important market developments to empower investors. SGX have one of the largest subscriber base in Singapore receiving the team’s research content.
With over 22 years of experience in the finance industry, Mr Chan has taken up roles on both the buy-side and sell-side in various locations including Seoul, Shanghai and Singapore. Prior to SGX, Mr Chan led the equity investment team at DBS Asset Management in Singapore. He was also actively involved in product development and led the launch of the STI ETF in 2009. In Shanghai, Mr Chan held the role of Head of Research at Nomura Securities covering China’s domestic "A" share market. In Seoul, he was a Technology Analyst covering the semiconductor sector in the year 2000 and witness the transformation of the Korean semiconductor companies into global leaders. Before joining Nomura Securities, Mr Chan was at Bank of America Equity Partners, a private equity firm investing extensively across Asia. He was involved in transactions in Japan, India and South East Asia across various industries in the mid-nineties.
Head of Education
Maybank Kim Eng
Wei Loon graduated from National University of Singapore with a Ph.D. in Mechanical Engineering. Wei Loon started his investment journey early. While completing his engineering course, he discovered his interest in the financial markets and started trading in stocks, forex and commodities. He is equally passionate about teaching and has started to share his investment experience with retail investors after joining Maybank Kim Eng's Education Department as a trainer.
Chief Executive Officer
The Motley Fool Singapore
David Kuo is a renowned financial broadcaster at The Motley Fool. He can be heard on the BBC World Service’s Business Matters Show, where arouses listeners from Singapore in the East to New York in the West.
As a champion of long-term income investing, David sees stock market falls as terrific opportunities to buy solid dividend-paying shares at knock-down prices.
David’s views are regularly sought by the BBC, CNBC and ChannelNewAsia. His weekly newsletter Take Stock Singapore is read by thousands and he also has a bi-monthly Inside Investor column in The Independent on Sunday.
He is a regular guest-host on CNBC’s global business programmes – Squawk Box Asia in the morning and Capital Connection in the afternoon.
Chief Executive Officer
ARA Trust Management (Suntec) Limited, manager of Suntec REIT
Mr Chan Kong Leong is Chief Executive Officer and Executive Director of ARA Trust Management (Suntec) Limited. He is a Director of One Raffles Quay Pte. Ltd., Suntec Harmony Pte. Ltd. and Park Mall Pte. Ltd. Mr Chan is also a Partners’ Representative of BFC Development LLP. Prior to this, he was Chief Operating Officer of Suntec REIT and was responsible for all operational matters, including asset management, investment, finance, investor relations and strategic planning.
Prior to joining Suntec REIT, Mr Chan was with the CapitaLand Group where he held senior management appointments including Senior Vice President, Head of Regional Investment, Asset & Fund Management of CapitaLand Mall Asia, Program Director of CAPITASTAR and Regional General Manager, West China.
Mr Chan has 19 years of private and public sector experience in managing investment, development, asset management, operations, strategic planning, stakeholder relations and corporate functions. He has held other senior management appointments in the last 13 years including Head of Corporate Finance, Investor Relations & Corporate Communications at GuocoLand Limited and Chief Operating Officer of Sembawang Kimtrans Ltd. Prior to his move to the private sector, Mr Chan was with the Singapore Economic Development Board where he was responsible for formulating economic engagement strategies and promoting economic linkages between Singapore and Indonesia.
Mr Chan graduated with a First Class Honours in Bachelor of Science in Building from the National University of Singapore. As the best graduate for the entire course of study, he was awarded the Lee Kuan Yew Gold Medal, the Sally Meyer Gold Medal and the Singapore Institute of Surveyors & Valuers Gold Medal. Mr Chan is also a CFA charterholder.
International Head of Product Development and Management
Nikko Asset Management Asia
Phillip Yeo heads international product development at Nikko Asset Management. This is a new role whereby he oversees product units based in Singapore as well as Hong Kong, Australia, New Zealand, the United Kingdom and Japan. The teams reporting to Phillip administer the entire Nikko AM suite of fund products domiciled outside Japan – comprising funds in Luxembourg, the Cayman Islands, Mauritius, Hong Kong and Singapore, and including ETFs listed on the Singapore Exchange.
Currently, Phillip serves on the board of Nikko AM Luxembourg S.A. He is also a member of the Development Committee at the Investment Management Association of Singapore.
Senior Investment Analyst
Dehong covers primarily the REITs and property developer sectors at Phillip Securities Research. He has close to 8 years’ experience in equities related dealing and research roles and his coverage includes CapitaLand Mall Trust, CapitaLand Commercial Trust, Frasers Centrepoint Trust and First REIT. He has also appeared and is also frequently quoted in various media including Channel NewsAsia, Money FM 89.3, The Business Times, The Edge, and Lianhe Zaobao.
He graduated with a Masters of Science in Applied Finance from SMU and Bachelors of Accountancy from NTU.
Executive Director and Chief Executive Officer
EC World REIT
Mr Goh has over 20 years of experience in the management of industrial parks, real estate development and business management in China. Prior to joining the Manager, he was the Chief Representative in China for Keppel Corporation Limited where he was responsible for government relations and business development. Prior to joining Keppel Corporation and from July 2006 to November 2009, Mr Goh was the chief executive officer of Evergro Properties Limited, a real estate developer in Tianjin, Jiangyin and Changzhou.
Mr Goh also served as the CEO of Ascendas (China) Pte Ltd from January 2004 to June 2006, where he was responsible for developing and managing Ascendas' businesses in China. From August 1994 to December 2003, he was the Deputy Chief Executive Officer of China-Singapore Suzhou Industrial Park Development Group Co., Ltd. (formerly known as China-Singapore Suzhou Industrial Park Development Co., Ltd.) where he was responsible for infrastructure development, finance and government relations.
Ascendas Hospitality Trust (A-HTRUST) is one of the first listed hospitality trusts to focus on the Pan-Asia region, and its portfolio comprises 11 quality hotels presently and is valued at S$1.6 billion as at 31 March 2017. The well-diversified portfolio is currently spread across key cities in the Asia Pacific region where the hotels are strategically located in close proximity to central business districts, business precincts, suburban centres, transportation nodes and iconic tourist landmarks. The hotels, which cater to different segments from economy to upscale, as well as short-term to extended stay, are operated under well-known brands and managed by established operators that have strong domain knowledge of the markets where the hotels are located.
Ascendas India Trust is a property trust which owns seven IT parks and six modern warehouses in India with total floor area of 12.8 million sq ft spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. Ascendas India Trust is focused on capitalising on the fast growing IT and logistics industries in India.
Our strategy is simple – to generate attractive portfolio returns for Unitholders by investing in IT parks, office properties and warehouses in key Indian cities. Our properties provide quality and reliable business space to our discerning tenants. This differentiation helps us attract and retain prominent tenants that commit to long leases, thereby fostering a stable income profile for the Trust.
Our growth is founded on a prudent approach to capital management. We are geared towards maintaining a strong balance sheet that meets the liquidity needs of the business
Ascendas Reit is Singapore’s first and largest listed business space and industrial real estate investment trust. As at 31 December 2017, total assets were about S$10.4 billion, comprising 101 properties in Singapore and 31 properties in Australia. The portfolio includes business and science park/suburban office properties, hi-specs industrial properties, light industrial properties, logistics and distribution centres, integrated development, amenities and retail properties. These properties house a tenant base of around 1,350 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries. Major tenants include SingTel, DSO National Laboratories, DBS, Citibank, Wesfarmers, JPMorgan, Ceva Logistics and Biomedical Sciences Institutes, to name a few.
Ascendas Reit is listed in several indices. These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250. Ascendas Reit has an issuer rating of “A3” by Moody’s Investors Service.
Ascott Reit was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences, rental housing properties and other hospitality assets.
Ascott Reit's asset size has quadrupled to S$4.9 billion since it was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006. Ascott Reit's international portfolio comprises 90 properties with 11,649 units in 38 cities across 14 countries in the Americas, Asia Pacific and Europe. Ascott Reit was awarded ‘Best REIT (Asia)' by World Finance magazine at its Real Estate Awards in 2015.
Ascott Reit's serviced residences are mostly operated under the Ascott, Citadines and Somerset brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Guangzhou, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Shanghai, Singapore and Tokyo.
Ascott Reit is managed by Ascott Residence Trust Management Limited, a wholly owned subsidiary of The Ascott Limited and an indirect wholly owned subsidiary of CapitaLand Limited, one of Asia's largest real estate companies.
Listed on SGX-ST, BHG Retail REIT has a diversified portfolio of five retail properties strategically located in major cities in China, namely Beijing, Chengdu, Hefei, Xining and Dalian.
All of BHG Retail REIT's malls are located in high population density areas frequented by growing middle class professionals and families. Designed as lifestyle destinations, each multi-tenanted mall features a compelling mix of shopping, dining, education and entertainment establishments. In every mall, the anchor tenant or master lessee is the highly popular Beijing Hualian Hypermarket Co., Ltd. (北京华联综合超市股份有限公司) catering to the daily needs of residents of the surrounding neighbourhoods.
BHG Retail REIT is managed by BHG Retail Trust Management Pte. Ltd., an indirect wholly-owned subsidiary of Beijing Hualian Department Store Co., Ltd. (北京华联商厦股份有限公司) (the "Sponsor"). The Sponsor and Beijing Hualian Hypermarket Co., Ltd are part of Beijing Hualian Group Investment Holding Co., Ltd. (北京华联集团投资控股有限公司) , one of China's largest retail enterprises with more than 20 years of retail operating experience.
Cache Logistics Trust ("Cache") is a real estate investment trust ("REIT") that invests in quality income-producing real estate used for logistics purposes, as well as real estate-related assets, in Asia-Pacific.
Cache was constituted on 11 February 2010 under a trust deed entered into between ARA-CWT Trust Management (Cache) Limited ("Manager") and HSBC Institutional Trust Services (Singapore) Ltd ("Trustee"). Cache was officially listed on the Mainboard of the Singapore Exchange Securities Trading Pte Ltd ("SGX-ST") on 12 April 2010 and has a market capitalisation of approximately S$729 million as at 31 December 2016.
Cache's portfolio comprises 191 high quality logistics warehouse properties strategically located in established logistics clusters in Singapore, Australia and China. The portfolio has a total gross floor area of approximately 7.5 million square feet valued at approximately S$1.2 billion as at 31 December 2016.
Cache is managed by ARA-CWT Trust Management (Cache) Limited (the "Manager"), a joint-venture REIT management company between ARA Asset Management Limited ("ARA") and CWT Limited ("CWT").
CapitaLand Commercial Trust (CCT or the Trust) is Singapore’s listed premier commercial real estate investment trust (REIT), investing in high quality income-producing commercial properties in Singapore.
Listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since 11 May 2004, CCT is the largest commercial REIT by market capitalisation, CCT was created through a distribution in species to CapitaLand Limited's shareholders. The Trust is managed by CapitaLand Commercial Trust Management Limited (CCTML, or the Manager), an indirect wholly-owned subsidiary of CapitaLand.
CapitaLand Mall Trust (CMT) is the first real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) in July 2002. CMT is also the largest REIT by market capitalisation, S$6.7 billion (as at 31 December 2016) in Singapore. CMT has been affirmed an 'A2' issuer rating by Moody's Investors Service on 16 July 2015. The 'A2' issuer rating is the highest rating assigned to a Singapore REIT.
CMT owns and invests in quality income-producing assets which are used, or predominantly used, for retail purposes primarily in Singapore. As at 31 December 2016, CMT's portfolio comprised a diverse list of more than 2,900 leases with local and international retailers and achieved a committed occupancy of 98.5%. CMT's 16 quality shopping malls, which are strategically located in the suburban areas and downtown core of Singapore, comprise Tampines Mall, Junction 8, Funan (formerly known as Funan DigitaLife Mall), IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Raffles City Singapore (40.0% interest), Lot One Shoppers' Mall, 90 out of 91 strata lots in Bukit Panjang Plaza, The Atrium@Orchard, Clarke Quay, Bugis+, Westgate (30.0% interest) and Bedok Mall. CMT also owns 122.7 million units in CapitaLand Retail China Trust, the first China shopping mall REIT listed on SGX-ST in December 2006.
CMT is managed by an external manager, CapitaLand Mall Trust Management Limited, which is an indirect wholly-owned subsidiary of CapitaLand Limited, one of Asia's largest real estate companies headquartered and listed in Singapore.
CapitaLand Retail China Trust (CRCT) is the first China shopping mall real estate investment trust (REIT) in Singapore, with a portfolio of 11 income-producing shopping malls. Listed on the Singapore Exchange Securities Trading Limited (SGX-ST) on 8 December 2006, it is established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate used primarily for retail purposes and located primarily in China, Hong Kong and Macau.
The geographically diversified portfolio of quality shopping malls is located in seven of China's cities. The malls are CapitaMall Xizhimen, CapitaMall Wangjing, CapitaMall Grand Canyon, CapitaMall Anzhen and CapitaMall Shuangjing in Beijing; CapitaMall Xinnan in Chengdu, Sichuan Province; CapitaMall Qibao in Shanghai; CapitaMall Minzhongleyuan in Wuhan, Hubei Province; CapitaMall Erqi in Zhengzhou, Henan Province; CapitaMall Saihan in Hohhot, Inner Mongolia; and CapitaMall Wuhu in Wuhu, Anhui Province.
All the malls in the portfolio are positioned as one-stop family-oriented shopping, dining and entertainment destinations for the sizeable population catchment areas in which they are located, and are accessible via major transportation routes or access points. A significant portion of the properties' tenancies consists of major international and domestic retailers such as Beijing Hualian Group (BHG), Carrefour and Wal-Mart under master leases or long-term leases, which provide CRCT's unitholders with stable and sustainable returns. The anchor tenants are complemented by popular specialty brands such as Häagen-Dazs, innisfree, KFC, Nanjing Impressions, Nike, Pandora, Sephora, Starbucks, UNIQLO, Watsons and ZARA.
CRCT is managed by an external manager, CapitaLand Retail China Trust Management Limited (CRCTML or the Manager), which is an indirect wholly owned subsidiary of CapitaLand Limited, one of Asia's largest real estate companies headquartered and listed in Singapore.
Listed on the Mainboard of Singapore Exchange Securities Trading Limited (“SGX-ST”) on 20 January 2017, Dasin Retail Trust is the only China retail property trust listed on SGX-ST providing direct exposure to the Pearl River Delta Region. The Trust’s mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China (comprising PRC, Hong Kong and Macau), used primarily for retail purposes, as well as real estate-related assets, with an initial focus on retail malls.
As at 31 December 2017, the Trust’s portfolio comprise four retail malls located in Zhongshan City in Guangdong, PRC, valued at RMB 7,550 million (approximately S$1,552 million). Dasin Retail Trust is managed by Dasin Retail Trust Management Pte. Ltd. in its capacity as the Trustee-Manager (“Trustee-Manager”). The Trustee-Manager strives to provide unitholders of Dasin Retail Trust (“Unitholders”) with an attractive rate of return on their investment through regular and stable distributions and to achieve long-term sustainable growth in distribution per unit, while maintaining an appropriate capital structure.
The Sponsor of Dasin Retail Trust is Zhongshan Dasin Real Estate (中山大信置业) (the “Sponsor”), one of the leading real estate developers in Zhongshan City, Guangdong Province, with strong track record as a retail mall operator.
Listed on 28 July 2016, EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT listed on Singapore Exchange Securities Trading Limited (“SGX-ST”). With its initial portfolio of six quality properties located in one of the largest e-commerce clusters in the Yangtze River Delta, EC World REIT offers investors unique exposure to the logistics and e-commerce sectors in Hangzhou, the People’s Republic of China (“PRC”).
EC World REIT’s investment strategy is to invest principally, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for e-commerce, supply-chain management and logistics purposes, as well as real estate-related assets, with an initial geographical focus on the PRC. For more information, please visit: http://www.ecwreit.com/
EC World REIT is managed by EC World Asset Management Pte. Ltd., which is an indirect wholly-owned subsidiary of the Sponsor – Forchn Holdings Group Co., Ltd. Established in 1992 and headquartered in Shanghai, the Sponsor is a diversified enterprise group specialising in the real estate sector, industrial sector, e-commerce, logistics and finance. For more information, please visit www.forchn.com.cn.
Previously known as Cambridge Industrial Trust, ESR-REIT has been listed on Singapore Exchange Securities Trading Limited since 25 July 2006.
The Trust underwent a name change in June 2017 after ESR Cayman Limited (“ESR”) became its new majority shareholder and Sponsor.
ESR-REIT invests in quality income-producing industrial properties and has a diversified portfolio of properties located across Singapore. The properties are in the following business sectors: Logistics/ Warehouse, Hi-Specs Industrial, Light Industrial, General Industrial and Business Parks, and are located close to major transportation hubs and key industrial zones island-wide.
ESR Funds Management (S) Limited, the Manager of ESR-REIT, is owned by two stakeholders, namely ESR Cayman Limited ("ESR") (indirectly c.80 percent) and Mitsui & Co., Ltd ("Mitsui") (20 percent). The Manager's objective is to provide Unitholders with a stable and recurring income stream through the successful implementation of the following strategies:
Fortune REIT is a real estate investment trust constituted by a trust deed entered into on 4 July 2003 (as amended) made between ARA Asset Management (Fortune) Limited, as the manager of Fortune REIT, and HSBC Institutional Trust Services (Singapore) Limited, as the trustee of Fortune REIT.
Fortune REIT is primary listed on The Stock Exchange of Hong Kong Limited and secondary listed on the Singapore Exchange Securities Trading Limited. Fortune REIT is Asia’s first cross-border REIT and also the first REIT to hold assets in Hong Kong. Fortune REIT currently holds a portfolio of 17 private housing estate retail properties in Hong Kong comprising of 3.18 million square feet of retail space and 2,713 car parking spaces.
The Manager’s key objective is to deliver regular and stable returns to Fortune REIT’s Unitholders through proactive management of Fortune REIT’s portfolio of assets and acquiring properties that generate long term benefits to Unitholders.
Keppel Capital is a premier asset manager in Asia. We are the asset management arm of Keppel Corporation Limited. Leveraging the Group’s extensive network and deep operational insights, Keppel Capital is in a unique position to create, operate and manage quality proprietary assets from energy and infrastructure to real estate.
As at December 2017, Keppel Capital has assets under management of approximately S$29 billion (US$21 billion), managed by an experienced team of over 200 professionals. We have a diversified portfolio that includes real estate, infrastructure and data centre properties in approximately 30 cities across key global markets.
The asset managers under Keppel Capital include:
Keppel DC REIT is the first pure-play data centre REIT listed in Asia and on the SGX. The REIT's investment strategy is to invest in data centres in Asia Pacific and Europe. Its current portfolio comprises 13 high-quality data centres strategically located in key data centre hubs across seven countries in Asia Pacific and Europe.
Keppel Infrastructure Trust (KIT) was originally listed on 12 February 2007 on the Singapore Exchange Securities Trading Limited as CitySpring Infrastructure Trust (CIT). On 18 May 2015, CIT acquired the business undertakings and assets of KIT in exchange for the issue of approximately 1.33 billion new CIT units to KIT Unitholders, and CIT was renamed Keppel Infrastructure Trust.
Keppel-KBS US REIT is the latest addition to Keppel Capital, and was listed on 9 November 2017. Keppel-KBS US REIT is a distinctive office REIT with properties located in key growth markets of the US.
Its current portfolio comprises a balanced mix of 11 office properties located in seven key growth markets across US. With an aggregate Net Lettable Area ("NLA") of 3.2 million square feet, these quality properties have a diversified tenant base led by tenants in the growth and defensive sectors such as technology, finance and insurance, professional services, as well as medical and healthcare.
Keppel REIT is one of the largest real estate investment trusts (REITs) listed on the Singapore Exchange with assets under management of over $8 billion.
Its quality portfolio comprises interests in nine premium office assets with 11 office towers strategically located in the central business district of Singapore, as well as key Australian cities of Sydney, Melbourne, Brisbane and Perth.
Manulife US Real Estate Investment Trust (MUST) is a Singapore real estate investment trust listed on Singapore Exchange Securities Trading Limited since 20 May 2016.
Its investment strategy is principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States (U.S.), as well as real estate-related assets.
MUST is managed by Manulife US Real Estate Management Pte. Ltd. which is wholly owned by the Sponsor, The Manufacturer Life Insurance Company (Manulife), part of the Manulife Group. The Sponsor’s parent company, Manulife Financial Corporation, is a leading international financial service group providing forward-thinking solutions to help people with big financial decision. It operates as John Hancock in the U.S., and Manulife elsewhere providing financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions.
Mapletree Commercial Trust (“MCT”) is a Singapore-focused real estate investment trust that invests in a diversified portfolio of income-producing real estate used primarily for office and/or retail purposes. MCT is managed by Mapletree Commercial Trust Management Ltd., a wholly-owned subsidiary of Mapletree Investment Pte Ltd.
As one of Singapore’s leading commercial REITs, MCT has established a legacy of trusted track record. By keeping our focus on active asset management and a strong discipline in capital and risk management, we are committed to develop MCT into a quality REIT. We aim to provide unitholders with a relatively attractive rate of return on their investment through regular and steady distribution, and to achieve long-term stability in Distribution per Unit and Net Asset Value per unit, while maintaining an appropriate capital structure.
As at 31 December 2017, MCT’s portfolio comprises five properties in Singapore, of which several can be considered to be the best-in-class.
Mapletree Greater China Commercial Trust (“MGCCT”) is a Singapore real estate investment trust (“REIT”) which aims to invest, directly or indirectly, in a diversified portfolio of income-producing real estate in the Greater China region which is used primarily for commercial purposes (including real estate used predominantly for retail and/or offices), as well as real estate-related assets.
MGCCT is the first and only REIT that offers investors the opportunity to invest in best-in-class commercial properties situated in prime locations in both Hong Kong and Mainland China.
MGCCT’s investment mandate includes Hong Kong, first tier cities in China (Beijing, Shanghai, Guangzhou and Shenzhen) and key second tier cities in China (Chengdu, Chongqing, Foshan, Hangzhou, Nanjing, Suzhou, Tianjin, Wuhan and Xi’an).
Mapletree Logistics Trust ("MLT") is Singapore's first Asia Pacific-focused logistics real estate investment trust. Listed on the Singapore Exchange Securities Trading Limited in 2005, MLT invests in a diversified portfolio of quality, well-located, income producing logistics real estate in the region. Its portfolio of 124 logistics assets spans across eight markets, comprising Singapore, Japan, Hong Kong, South Korea, China, Australia, Malaysia and Vietnam, with a total gross floor area of 3.7 million square metres and a property value of S$6.3 billion.
MLT is managed by Mapletree Logistics Trust Management Ltd., which is a wholly-owned subsidiary of Mapletree Investments Pte Ltd, a leading real estate development, investment and capital management company headquartered in Singapore.
Mapletree Industrial Trust (“MIT”) is a real estate investment trust listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore, and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.
MIT’s property portfolio comprises 85 industrial properties in Singapore and 14 data centres in the United States of America (40.0% interest through the joint venture with Mapletree Investments Pte Ltd). The properties in Singapore include Flatted Factories, Hi-Tech Buildings, Business Park Buildings, Stack-up/Ramp-up Buildings and Light Industrial Buildings. As at 31 December 2017, MIT’s total assets under management was S$4.2 billion.
MIT is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.
OUE Commercial Real Estate Investment Trust (“OUE C-REIT”) was listed on 27 January 2014 with the principal investment strategy of investing in income-producing real estate used primarily for commercial purposes in financial and business hubs in key gateway cities. OUE C-REIT’s portfolio comprises three strategically located landmark commercial properties in Singapore and China with a combined asset value of S$3.5 billion as at 31 December 2017.
OUE H-REIT is a Singapore-based REIT established with the principal investment strategy of investing, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, whether wholly or partially, as well as real estate-related assets. Real estate which is used for “hospitality” purposes includes hotels, serviced residences, resorts and other lodging facilities, whether in existence by themselves as a whole or as part of larger mixed-use developments, which may include commercial, entertainment, retail and leisure facilities. Properties which are used for “hospitality-related purposes” include retail and/or commercial assets which are either complementary to or adjoining hospitality assets which are owned by OUE H-REIT or which OUE H-REIT has committed to buy.
OUE H-BT, a Singapore-based business trust, is dormant.
Soilbuild Business Space REIT is a Singapore real estate investment trust established with the principal investment strategy of investing on a long-term basis, directly or indirectly, in a portfolio of income-producing real estate used primarily for business space purposes in Singapore and Australia as well as real estate-related assets. Soilbuild REIT was listed on the Singapore Exchange Securities Trading Limited on 16 August 2013.
Soilbuild REIT's portfolio comprises 11 business space properties - two business park properties and nine industrial properties. They are strategically located across established industrial clusters in Singapore with a total net lettable area of approximately 3.70 million square feet and a valuation of S$1.11 billion.
Soilbuild REIT is managed by an external manager, SB REIT Management Pte. Ltd., which is a wholly-owned subsidiary of Soilbuild Group Holdings Ltd., a leading integrated property group based in Singapore.
SPH REIT is a Singapore-based Real Estate Investment Trust ("REIT") established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets.
SPH REIT was listed on the Singapore Exchange Securities Trading Limited ("SGX-ST") on 24 July 2013 and is sponsored by Singapore Press Holdings Limited ("SPHL" or the "Sponsor"), Asia's leading media organisation, with publications across multiple languages and platforms.
As at 31 August 2016, SPH REIT comprises two high quality and well located commercial properties in Singapore totalling 903,837 sq ft Net Lettable Area ("NLA") with an aggregate appraised value of S$3.23 billion. The portfolio consists of: Paragon and The Clementi Mall.
SPH REIT is managed by SPH REIT Management Pte. Ltd. (the “Manager”), a wholly-owned subsidiary of SPHL.
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 retail and/or office purposes. Suntec REIT’s portfolio comprises office and retail properties in Suntec City, a 60.8 percent interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall and a 30.0% interest in Park Mall, all strategically located in the growth corridors of Marina Bay and the Civic and Cultural District within Singapore’s Central Business District. Suntec REIT also holds a 100.0 percent interest in a commercial building located at 177 Pacific Highway, North Sydney Australia which is currently under development.
Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited (the “Manager”). The Manager is focused on delivering regular and stable distributions to Suntec REIT’s unitholders, and to achieve long-term growth in the asset value of Suntec REIT, so as to provide unitholders with a competitive rate of return on their investment.
Viva Industrial Trust ("VIT") is a Singapore-focused business park and industrial real estate investment trust listed on the Mainboard of the Singapore Exchange ("SGX-ST") on 4 November 2013. VIT comprises Viva Industrial Real Estate Investment Trust ("VI-REIT") and Viva Industrial Business Trust ("VI-BT"). VI-REIT has the principal investment strategy of investing in a diversified portfolio of income-producing real estate that is predominantly for business parks and other industrial purposes in Singapore and elsewhere in the Asia Pacific region. VI-BT is presently dormant.
VIT properties cover an aggregate gross floor area of 3.9 million sq ft and are strategically located in key business parks and established industrial clusters with a valuation of $1.28 billion as at 17 January 2017. Its nine properties, serve over 146 tenants with over 40% of the tenants in information technology, e-business or data centre operations.
To be a steadfast industrial real estate investment trust offering the best-in-class income producing portfolio with dynamic growth potential.
To provide stapled securityholders with stable distributions and long-term growth in asset value.
Maybank Kim Eng Securities Pte Ltd is an award-winning stock brokerage firm and corporate finance advisory in Singapore.
One of our most notable recognitions includes being voted the Best Mobile Platform for 4 consecutive years by Investment Trends Singapore Broking Report. We are also the 3rd Best Local Brokerage and the Best Team for Economic Research in Singapore, as voted by fund managers across the globe in Asiamoney’s Brokers Poll 2017.
Through our trading platform KE Trade, we give investors access to Singapore shares, ETFs and REITs, and global markets like Hong Kong, U.S, Thailand, Malaysia and Shanghai via Shanghai-Hong Kong Stock Connect. KE Trade also provides trading ideas and market insights from our research team, both on our online version as well as through our award-winning mobile application. Margin Financing, Contracts for Difference (CFD), and Forex trading are other services that we provide.
Maybank Kim Eng Securities is the fully-owned investment banking arm of Maybank; one of Asia's leading banking groups and South East Asia’s fourth largest bank by assets.
Our belief is to empower clients to trade smarter, anywhere, anytime with the best solutions.
ZUU Online, the leading Asian finance education portal, is bridging the gap between the asymmetry of information between individual investors and the financial industry. With our expertise in finance, business, and marketing, we are enhancing the financial literacy among the mass affluent in the region, and seeking to grow the vibrancy of the investment arena.
Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust listed on the SGX-ST. FCT is focused on delivering regular and stable distribution to its unitholders through its investments in quality income-producing retail properties in Singapore and overseas, and to achieve long-term growth in net asset value.
Frasers Commercial Trust (FCOT) is a leading developer-sponsored commercial real estate investment trust (REIT) focused on growing shareholder value for its Unitholders through active asset management, sound financial management and strategic investments
Frasers Hospitality Trust ("FHT”) is the first global hotel and serviced residence trust to be listed on the Singapore Exchange on 14 July 2014, comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust.
FLT offers investors a unique opportunity to invest in 61 Australian industrial real estate assets concentrated within major industrial markets in Australia, which include Melbourne, Sydney and Brisbane.
PropertyInvestSG is a local website that aims to help the man on the street get rich by investing in property. The site primarily offers unbiased and incisive property and REIT related news.
In addition, the PropertyInvestSG team helps clients manage their property portfolios, perform property wealth planning, acquire and dispose of properties. To date, the team has helped clients transact more than 50 properties worth more than S$20m in value.
The founders of PropertyInvestSG have a combined experience of 15 years in the property market spanning real estate research, investment, asset management and brokerage work.
Since 1975, the PhillipCapital network has grown into an integrated Asian financial house with a global presence that offers a full range of quality and innovative services to retail and high net worth individuals, family offices, corporate and institutional customers.
Our comprehensive suite of financial products and services includes broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange traded funds; fund management, managed accounts, insurance planning, regular savings plans, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions.
With more than 3,500 employees and over 1 million clients worldwide, our assets under custody/management totals to more than USD 30 Billion with shareholders' funds in excess of USD 1 Billion.
PhillipCapital (with headquarters in Singapore) operates in the financial hubs of 16 countries.
To find out about our trading platform, please visit www.poems.com.sg/p2
With US$211.6 billion (23.83 trillion yen)* under management, Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s largest exchange-traded funds (ETFs).
Headquartered in Asia since 1959, the firm represents nearly 200** investment professionals and over 30 nationalities across 9 countries. More than 300 banks, brokers, financial advisors and life insurance companies around the world distribute the company’s products.
The investment teams benefit from a unique global perspective complemented by the firm's historic Asian DNA, striving to deliver consistent excellence in performance. The firm also prides itself on its progressive solution-driven approach, which has led to many innovative funds launched for its clients.
* Consolidated assets under management and sub-advisory of Nikko Asset Management and its subsidiaries as of 31 December 2017.
** As of 31 December 2017, including employees of Nikko Asset Management and its subsidiaries.
REIT-it is a investment blog written by an ex-investment banker turned real estate investment analyst. Armed with real market experience, REIT-it seeks to unravel the beauty and beast in the S-REIT market for everyone, so that more can benefit from investing in S-REITs.