Thursday, May 17, 2018

Quarterly Performance of my vested REITs & Passive Income Update (1H 2018)

REIT
DPU Performance y-o-y
Mapletree Logistics Trust 
+ 4.1%
ParkwayLife REIT
+ 3.6% (recurring operations)
Frasers Logistics & Industrial Trust
+ 3.4%
Keppel DC REIT 
+ 3.4% (Adjusted)
Mapletree Industrial Trust
+ 2.4%
Frasers Centrepoint Trust 
+ 2%
CapitaLandMall Trust 
+ 1.8%
Ascendas REIT 
+ 1.5%
Mapletree Commercial Trust 
+ 0.4%
Suntec REIT 
+ 0.3%
Mapletree Greater China Commercial Trust 
-2.8%


REIT
Change in NAV per unit
Mapletree Commercial Trust 
$1.38 to $1.49 (+6.5%)
Mapletree Logistics Trust 
$1.04 to $1.10 (+5.77%)
Mapletree Industrial Trust
$1.42 to $1.47 (+3.5%)
Mapletree Greater China Commercial Trust 
$1.301 to $1.338 (+2.84%)
CapitaLandMall Trust 
$1.92 to $1.93 (+0.52%)
Frasers Centrepoint Trust 
$2.02 to $2.03 (+0.5%)
Ascendas REIT 
$2.04 to $2.04 (no change)
ParkwayLife REIT
$1.76 to $1.75 (-0.57%)
Suntec REIT 
$2.119 to $2.104 (-0.7%)
Keppel DC REIT 
$0.97 to $0.96 (-1%)
Frasers Logistics & Industrial Trust
$0.94 to $0.91 (-3.2%)


My REITs portfolio delivered another firm quarter in terms of DPU growth year-on-year. Looking forward to the great overseas expansion! Some of my vested REITs are on an acquisition spree in foreign markets such as China, Japan, Germany and Holland. I was expecting rights issue to be used to fund these acquisitions. Unfortunately, only FLT requires me to inject fresh funds.  The rest went the private placement route. Due to a lack of opportunities to deploy my investable funds in the market, I applied for the June’s issue of Singapore Savings Bond (SSB). The SSB is a practical place to park some idle cash, especially over a 2-year period.



Progressing well towards my 2018 passive income target of S$22k.....

1Q 2018
Singtel
S$980
SPH REIT
S$134
ParkwayLife REIT
S$371.80
CMT
S$203
FCT
S$450
Suntec REIT
S$156.24
MCT
S$542.80
MLT
S$747.50
Keppel DC
S$628.20
MIT
S$189


2Q 2018
DBS
S$1092.30
OCBC
S$478.80
CMT
S$194.60
FCT
S$465
Suntec REIT
S$145.98
ParkwayLife REIT
S$348.70
MCT
S$535.72
MGCCT
S$452.04 + S$91.68 (Advance CD)
MLT
S$693.40
Ascendas REIT
S$1197.76
FLT
S$1624.50
MIT
S$295


Dividends Received & Will Be Receiving (1H 2018) = S$12, 018.02