|
| |
Overview
HeadlinesBusiness Background Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore’s largest integrated commercial development (including one of Singapore’s largest shopping mall), a 60.8% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, 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 9 Penang Road. Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 25.0% interest in Southgate Complex, Melbourne, and a 50.0% interest in a commercial building to be developed which is located at Olderfleet 477 Collins Street, Melbourne, Australia. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited. For more details, please visit www.suntecreit.com.
  TomYam Suntec REIT – Will It End The Strong Rebound? From the weekly chart, we can clearly see that Suntec REIT has been in a downtrend over the past two month. Generally, it is relatively safe to sit on the short side. For the past two weeks, Suntec REIT rebounded strongly without any deep pullback. It will be relatively safe to short on rebound when bulls used up their energy. Despite Suntec REIT went up yesterday, it was not able to hold at high end when the market closed. This indicates that sellers may start to control this stock for the next few days. One may consider shorting if it rebounds to around 50 percent Fibonacci retracement level. 10/07/2013 11:50 AM weiboy90 Suntec Reit will be included in the MSCI Singapore Index @ SiMSCI, replacing Olam International. effective date is on 26th Nov. 20/11/2014 8:56 PM chezball This reit has done well for me but i think they are facing a lot of headwinds on the retail front. Do see my qualitaive assessment of this counter after I have attended the AGM. http://wealthdirections.asia/denied-entry-to-suntec-reit-agm/ 09/05/2015 6:37 PM InvestIcon Despite all the headwinds, Suntec REIT managed to declare higher DPU of 2.75 which is 10% higher compare to same period last year. With NTA 2.06, This is real good opportunity to collect and wait for recovery time. 07/02/2016 12:23 AM  |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
