REIT Watch - Industrial S-REITs deliver stable operating performance in Q3

Occupancy of Industrial S-REITs remained stable with positive portfolio rental reversions.

Knight Frank expects industrial real estate indicators to remain resilient for the rest of this year as well as into early 2026. It noted that investor appetite for industrial properties is expected to remain healthy as interest rates fall and the financial viability of warehouses, data centres, and specialised manufacturing facilities attract more interest on the back of positive carry.

▶️ Find out more on Industrial REITs listed in Singapore: bit.ly/4opP7GK

Check your CPF Nomination with the QR code in the post. https://www.linkedin.com/posts/kennyloh-investment-retirement_estateplanning-legacyplanning-cpfnomination-activity-7393220784003059712-G8tX?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB9r7jcBY8PaZhn5B5rwYcnFxftJp0vwnZQ

S-REITs Recap - Week 46 (2025)

🪙 Prime US REIT (YTD +15.79% | 5D +0.51%)
3Q 2025 update: Committed occupancy rose to 80.7%, with 92,000 sq ft of new leases signed in the quarter and 6.4% rental reversion for 9M 2025. Major new leases include X-Energy (120,000 sq ft, 11 years) and a 20-year U.S. government lease. Raised US$25m equity in October to fund capex and boost debt headroom; aims to normalise distributions in 2026.

🪙 United Hampshire US REIT (YTD +6.32% | 5D +3.06%)
3Q 2025 results: Gross revenue +1.4%, NPI +5.7% YoY, occupancy 97%, and self-storage 94.9%. Maintains low leverage (37.8%) and long WALE (7.5 years), with minimal near-term lease expiries.

🪙 Stoneweg Europe Stapled Trust (YTD –2.56% | 5D –3.18%)
Exited Slovakia for €70m and completed an €11.4m asset sale in Italy, continuing portfolio streamlining in Europe.

🪙 BHG Retail REIT (YTD –2.22%)
3Q 2025 business update: Gearing 42%, cost of debt 4.4%, ICR 1.8x. WALE 2.3 years (by income) and 4.4 years (by NLA); continues prudent capital management amid China retail headwinds.

See detailed announcements here:
https://reitsavvy.com/insights/s-reits-week-46-2025

2026 Market Outlook
https://www.linkedin.com/posts/kennyloh-investment-retirement_marketoutlook-2026outlook-investmentstrategy-activity-7396091701611769856-N8Uf?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB9r7jcBY8PaZhn5B5rwYcnFxftJp0vwnZQ

Money Mind 2025/2026 - Cash Flow Strategy

Strategies to build steady cash flow, one rung at a time.

https://www.channelnewsasia.com/watch/money-mind-20252026/cash-flow-strategy-5481826

Kenny Loh is a distinguished Wealth Advisory Director with a specialization in holistic investment planning and estate management. He excels in assisting clients to grow their investment capital and establish passive income streams for retirement. Kenny also facilitates tax-efficient portfolio transfers to beneficiaries, ensuring tax-efficient capital appreciation through risk mitigation approaches and optimized wealth transfer through strategic asset structuring.

In addition to his advisory role, Kenny is an esteemed SGX Academy trainer specializing in S-REIT investing and regularly shares his insights on MoneyFM 89.3 and CNA Money Mind. He holds the titles of Certified Estate & Legacy Planning Consultant and CERTIFIED FINANCIAL PLANNER (CFP).
Kenny can be reach through the email kennyloh@fapl.sg for a 30 min complimentary investment planning advice or portfolio review.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐑𝐄𝐈𝐓𝐬 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞 (Nov 2025)

📈 Technically, Singapore REITs sector (FTSE ST REIT Index) is currently facing a tough resistance at 730 and forming a head and shoulder chart pattern with neckline support between 695-700.

🔥 Total Market Cap = S$98.2B (⬇️from S$101.1B Billion)
🎯 Average Price/NAV = 0.83 (⬇️ from 0.85)
🎯 Average Distribution Yield = 5.58% (⬆️ from 5.51%)
🎯 Market Cap Weighted Average Distribution Yield = 5.32% (⬆️ from 5.19%)
🎯 Average Gearing Ratio = 39.99% (⬆️ from 39.89%)
💹 Average Yield Spread (vs 10 years SG Gov yield) = 3.77% (⬇️ from 3.91%)

𝗕𝘂𝗹𝗹 / 𝗕𝗲𝗮𝗿 𝗖𝗮𝗹𝗹 𝗳𝗼𝗿 𝗦-𝗥𝗘𝗜𝗧 𝗦𝗲𝗰𝘁𝗼𝗿 (𝗜𝗻 𝗚𝗲𝗻𝗲𝗿𝗮𝗹):
🐮Valuation (17% discount to Market Fair Value)
🐮🐻Technical Momentum uncertain
🐮Interest Rate Direction (IF there is 25 bps cut in Dec 2025)
🐻US 10 Year Risk Free Rate @4.07% which has strong inversed correlation to REIT index.

More detail can be found here:
https://reitsavvy.com/insights/singapore-reits-monthly-update-23-nov-2025

🏙️ REIT Watch - Positive momentum for Office S-REITs as vacancy rates ease and rents climb

In 3Q25, the Urban Redevelopment Authority (URA) reported a modest tightening in office vacancy rates, easing from 11.4 per cent in 2Q25 to 11.2 per cent. According to CBRE Singapore, Grade A office rents increased 2.1 per cent year-on-year, underpinned by constrained new supply in the CBD core over the coming years.

This trend supported stronger performance among Singapore-listed office REITs, driven by healthy occupancy levels, positive rental reversions, and proactive asset management strategies.

▶️ Find out more on Office REITs listed in Singapore: bit.ly/43QFCZ4

Tracking the interplay between US monetary policy and Singapore's REIT sector. With an elevated 84.4% probability of a 25bps Fed rate cut on Dec 10, the FTSE ST REIT Index appears to be poised for a directional break, trapped in what looks like a Head & Shoulders pattern.

https://www.linkedin.com/feed/update/urn:li:activity:7399289766678126592

🥺 Don't Burden Your Family: Long-Term Care Check 🇸🇬
I saw this new data and immediately thought of you. Long-term care costs in Singapore are hitting S$2,952/month—a massive 27% jump since 2018.

Most families only realize this after a health event, leaving spouses and children scrambling to find an extra S$2k–S$3k every month. This is the debt/savings meant for their future.

The Safety Net: While your basic CareShield Life is a start, it may not cover today's real costs.

CareShield Life Supplements are essential to:

Stop the financial leak: Boost your payout to match the real cost of care.

Protect your loved ones: Ensure your family's retirement or children's education savings remain untouched.

Let's close that gap and guarantee your care won't become their burden.

➡️ Check out the detail here: https://digital.fa.com.sg/singlife-careshield-standard-plus.php?a_aid=kennyloh@fapl.sg

This change impacts everyone who has the integrated shield plan in term of the medical bill. Speak to your financial advisor to review and assess the implications.