Guiding You On REITs

S-REITs - Week 45 - 2025

Written by REITsavvy Team | Nov 9, 2025 2:00:00 AM

Let's have a quick dive into this week REITs update from Elite UK REIT, Landlease Global Commercial REIT, Frasers Logistics & Commercial Trust, AIMS APAC REIT

S-REITs Recap - Week 45

 3 Nov - 9 Nov 2025

 Elite UK REIT

( YTD: +20.34% | 5D: -1.39%)

4 Nov - 3Q 2025 Business Update

  • Key Highlights
    • Occupancy improves 32 basis points to 98.6% since 1Q 2025
    • Interest coverage ratio rises to 2.7 times from 2.5 times from interest rate optimisation over 9M 2025
    • Higher revenue driven by rental reversions for three properties2 and an acquisition of three properties in June 2025
    •  Completes positive pre-planning consultation for Cambria House, Cardiff, for conversion into purpose-built student accommodation (“PBSA”) after receiving planning approvals for Lindsay House, Dundee

For more information, please click here

 Landlease Global Commercial REIT

( YTD: +14.55% | 5D: -1.56%)

5 Nov - Lendlease REIT to Acquire 70% Interest in PLQ Mall

For more information, please click here

6 Nov - Successful Private Placement Approximately 3 times Covered

Key Highlights

  • Private placement was upsized to approximately S$280 million from the initial S$270 million.
  • Issue price of S$0.602 per New Unit represents a discount of 3.7% to the adjusted volume- weighted average price (“Adjusted VWAP”)1 .

For more information, please click here

 Frasers Logistics & Commercial Trust

( YTD: +7.95% | 5D: +0.52%)

7 Nov - FY2025

Key Highlights
  • Average portfolio rental reversions of +5.0% (incoming rent vs. outgoing rent basis) and +29.5% (average rent vs. average rent basis) achieved for FY2025

  • Completed ~510,300 sq m of leasing in FY2025, improved overall portfolio occupancy of 95.1% with a higher WALE of 4.8 years as at 30 September 2025 as compared to 30 September 2024

  • Healthy aggregate leverage of 35.7% as at 30 September 2025, with interest coverage ratio of 4.3 times

For more information, please click here

 AIMS APAC REIT

( YTD: +12.80% | 5D: +2.17%)

5 Nov - Half Yearly Results

  • Net Property Income 1.1% higher YoY to S$68.4 million for 1H FY2026, with Distributions to Unitholders increasing by 1.6% YoY to S$38.6 million

  • Maintained high portfolio occupancy of 93.3%1 and achieved positive rental reversions of 7.7%2 for 1H FY2026

  • Resilient balance sheet with aggregate leverage of 35.0% provides headroom for organic growth initiatives and acquisitions

  • Portfolio rejuvenation to drive sustainable income growth over the long term following comprehensive refurbishment of existing warehouse to support global storage occupier requirements and to meet BCA GreenMark Gold Plus certification

  • Proposed acquisition of the Framework Building at strategic city fringe location near MRT interchange and Pan Island Expressway will enhance portfolio resilience with strong rental visibility via anchor lease and future value-add potential

  • Successfully commissioned Phase 2 solar installations at three properties in Singapore, advancing AA REIT’s sustainability commitment

For more information, please click here

Recent Article

 

S-REITs Opportunity After Rate Cut & Case Study of Sasseur REIT

Tiger Live Stream Re-cap

Kenny recently held a Live Stream Webinar on Tiger - To The Moon platform, with the topic 'S-REITs Rebound? Yield, Value and Outlook after Interest Rate Cuts — Insights with Sasseur REIT'. And together with him was, Cheng Hsing Yuen, Income CEO of Sasseur REIT.

Click here for the full details here 

STI Index constituents
REITs in STI
Frasers Centrepoint Trust
18 Mar 2024
CapitaLand Ascendas REIT
CapitaLand Integrated Commercial Trust 
Frasers Logistics & Commercial Trust
Mapletree Industrial Trust
Mapletree Logistics Trust
Mapletree Pan Asia Commercial Trust
Keppel DC REIT
23 Jun 2025
 
REITs in STI Reserve List
Keppel REIT
Suntec REIT
REITracker Highlights
REIT Name Status
Keppel Pacific Oak US REIT Halt Dividend since 14 Feb 2024
Manulife US REIT Halt Dividend since 14 Aug 2023
Sabana REIT Proposed Internalization is in progress since 17 Aug 2023
Lippo Malls Indonesia Retail Trust Halt Dividend since 20 Mar 2023
EC World REIT Halt Trading since 31 March 2023
Eagle Hospitality Trust Halt Trading since 24 March 2020
Paragon Reit Delisted on 6 Jun 2025
CapitaLand Ascott Trust Removed from STI Reserve list on 22 Sept 2025
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