There is a few areas of differentiation Property Types. You have REITs investing in retail malls, commercial offices, overseas commercial offices, local industrial, local and overseas industrial, healthcare, data centers, hotels, hotels and service apartments, or a mixture of these. WALE stands for weighted average lease expiry, which measures the average time period in which all leases in a property will expire. For a long time, the local properties have a relatively short lease.
Orderbooks should recover as infrastructure accounts for half of total spending, signs of which have reappeared in The potential recovery leads us to shift our preference to SMM, the most levered play on production unit demand recovery in Asia.
An improvement in day rates for jackup market should also help sales of existing unsold rigs.
Sembcorp Marine is our top pick as we expect order wins to double for Singapore yards by It can leverage its new yard capabilities and raise utilisation rates, which could lead to a sharp turnaround in earnings, multiples and orderbook. Expectations are low post 1H18 losses and limited new orders.
We lower our price targets and earnings forecasts as we push new orders by six months. Given that most Chinese oil companies are still conservatively budgeting capex inwe believe capex will continue to increase inwhich should support a fundamental recovery in OFS names in We saw some improvement in 1H18 results and new order receipts.
Honghua and SPT Energy are our top picks. We have seen a slight pickup in overseas orders vs.Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions.
The main reason experience investors or REIT managers need this quality is to prevent counter party risk.. If we sum up what we have discussed up to this point, you prefer to rent out the property for a 10 to 20 years duration, with little cost overheads (NNN or NN).
Contents Corporate Review Financial Highlights 2 Chairman’s Statement 4 Managing Director’s Review 8 Operations Review 10 Corporate Events 24 Notice of .
39 Essex Street Chambers. Thirty Nine Essex Street is a multi-discipline barristers’ chambers offering substantial expertise in commercial law, with over barristers, 40 of whom are Queen’s Counsel.
Today's topic which I am going to talk about is the Singapore Savings Bond ("SSB"). It is a type of government bond that is fully backed by the Singapore Government which makes it one of the safest instruments to invest in.
Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions.