Suntec Real Estate Investment Trust

T82U

SG1Q52922370

Commercial REITs

Market Closed - Singapore S.E. Other stock markets 05:15:42 2024-05-10 am EDT			5-day change	1st Jan Change
1.09 ^SGD	+1.87%		+2.83%	-11.38%

Apr. 30	Maybank Adjusts Suntec REIT’s Price Target to SG$1.10 From SG$1.20, Keeps at Hold	MT
Apr. 25	Suntec Real Estate Investment Trust Announces Distribution for the Period from 1 January 2024 to 31 March 2024, Payable on 30 May 2024	CI

Suntec Real Estate Investment Trust : 1Q 2021 Update

April 27, 2022 at 06:15 am EDT

SUNTEC REIT BUSINESS UPDATES

For Quarter ended 31 March 2022

26 April 2022

Agenda

1Q 22 Highlights

1Q 22 Operational Highlights

Financial Highlights

Capital Management

Singapore Office Portfolio Performance

Australia Portfolio Performance

UK Portfolio Performance

Singapore Retail Portfolio Performance

Suntec Convention Performance

Our Focus

Suntec City Office, Singapore

Sustainability

Green Mark Platinum Award

for Suntec City Office Towers

Portfolio Committed Occupancy

Overall Office PortfolioOverall Retail Portfolio

96.7%

95.2%

Portfolio WALE

4.7

2.2

Overall Office Portfolio Overall Retail Portfolio

Financial Highlights

Attachments

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Disclaimer

Suntec Real Estate Investment Trust published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 10:14:08 UTC.

Latest news about Suntec Real Estate Investment Trust

Maybank Adjusts Suntec REIT’s Price Target to SG$1.10 From SG$1.20, Keeps at Hold	Apr. 30	MT
Suntec Real Estate Investment Trust Announces Distribution for the Period from 1 January 2024 to 31 March 2024, Payable on 30 May 2024	Apr. 24	CI
Suntec Real Estate Investment Trust Announces Nominating and Remuneration Committee Changes	Mar. 13	CI
CGS-CIMB Research Adjusts Suntec REIT's Price Target to SG$1.29 From SG$1.25, Keeps at Hold	Jan. 26	MT
RHB Bank Singapore Upgrades Suntec REIT to Buy From Neutral, Adjusts Price Target to SG$1.35 From SG$1.20	Jan. 26	MT
OCBC Investment Research Adjusts Suntec REIT's Price Target to SG$1.12 From SG$1.06, Keeps at Hold	Jan. 26	MT
Maybank Securities Adjusts Suntec REIT's Price Target to SG$1.20 From SG$1.15, Keeps at Hold	Jan. 26	MT
DBS Adjusts Suntec REIT's Price Target to SG$1.15 From SG$1.10, Keeps at Hold	Jan. 26	MT
Singapore Index Rebounds; Sembcorp Industries Shares Jump 2% on Bagging Wind-Solar Hybrid Power Project in India	Jan. 24	MT
Suntec REIT's Property Portfolio Valued at SG$11.9 Billion	Jan. 24	MT
Suntec REIT's DPU Falls 10.2% in H2 2023	Jan. 24	MT
Suntec Real Estate Investment Trust Announces Distribution for the Period from 1 October 2023 to 31 December 2023, Payable on 28 February 2024	Jan. 23	CI
Suntec Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 23	CI
DBS Adjusts Suntec REIT's Price Target to SG$1.10 From SG$1.48, Keeps at Hold	23-10-25	MT
Maybank Securities Adjusts Suntec REIT's Price Target to SG$1.15 From SG$1.30, Keeps at Hold	23-10-25	MT
Suntec REIT's DPU Drops 14% in Q3	23-10-23	MT
Suntec Real Estate Investment Trust Announces Distribution for the Period of 1 July 2023 to September 30, 2023, Payable on November 29, 2023	23-10-20	CI
PhillipCapital Starts Suntec REIT at Buy With SG$1.47 Price Target	23-09-12	MT
Suntec Real Estate Investment Trust Announces Resignation of Jeffrey David Perlman as Non-Executive Director, Effective August 30, 2023	23-08-30	CI
Maybank Securities Adjusts Suntec REIT's Price Target to SG$1.30 From SG$1.35, Keeps at Hold	23-07-28	MT
Suntec REIT's DPU Falls 27.7% in H1	23-07-26	MT
Suntec Real Estate Investment Trust Announces Distribution for the Period of 1 April 2023 to 30 June 2023, Payable on 29 August 2023	23-07-25	CI
Suntec Real Estate Investment Trust Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-25	CI
CGS-CIMB Research Adjusts Suntec REIT's Price Target to SG$1.48 From SG$1.39, Keeps at Hold	23-05-01	MT
DBS Downgrades Suntec REIT to Hold From Buy, Adjusts Price Target to SG$1.48 From SG$1.60	23-05-01	MT

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Company Profile

Suntec Real Estate Investment Trust is a Singapore-based real estate investment trust (REIT). The principal activity of the Company and its subsidiaries is to invest in income-producing real estate and real estate-related assets, which are used or substantially used for commercial purposes, with the primary objective of achieving an attractive level of return from rental income and long-term capital growth. It owns Suntec City Mall, which comprises approximately 815,000 square feet of net lettable area and certain office units in Suntec Towers One, Two, and Three and the whole of Suntec Towers Four and Five, which form part of the integrated commercial development, Suntec City. The property portfolio also comprises approximately 66.3% interest in Suntec Singapore Convention & Exhibition Centre and approximately 143,000 square feet of net lettable area of Suntec City Mall (Suntec Singapore). The Company is managed by ARA Trust Management (Suntec) Limited.

Sector

Commercial REITs

Calendar

2024-07-23 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

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Ratings for Suntec Real Estate Investment Trust

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.09 SGD

Average target price

1.18 SGD

Spread / Average Target

+8.26%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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Office REITs