Press Release

Press Release – For Immediate Release

Asia’s Top REITs Players Honoured At The Asia Pacific  Best Of The Breeds REITs Awards – Experts See Resurgence In Investors Interests And New Listings In REITs

6 August 2017, Singapore – Over 22 top Asian REITs players were awarded top honours at the Asia Pacific Best Of The Breeds REITs Awards which ended on 4th August 2017 at The Sheraton Hotel, Singapore.  Attended by 150 delegates from the region, this prestigious recognition event was held in conjunction with the 4th REITs Asia Pacific Conference 2017.

The prior REITs Asia Pacific conferences held in Shanghai and Beijing previously, were trailblazers and were instrumental in developing investor interest in the Singapore REIT market.  At this year’s 2017 edition, 25 industry professionals across the REITs sector namely from banks, asset and REIT managers, tax advisors, lawyers, developers and real estate advisors, spoke at the event and were unanimous in affirming the positive growth trajectory of Asian REITs in terms of investors’ interests and new listings.   Many have also expressed confidence in seeing the opening of markets for REITs in countries such as Philippines, India and China in the near future.  Several analysts at the event also highlighted that Asian REITs have remained a sound and resilient investment instrument even in the anticipation of an interest rate hike.  These developments hold tremendous potential for Asia Pacific’s real estate sector.

REITs hold many benefits to the overall economic development of a country especially for developing economies like China, India and Philippines where REITs free up capital for real estate and infrastructure, attracting long-term investors such as sovereign wealth funds, pension funds and insurance companies.

The conference ended with The Asia Pacific Best of the Breeds REITs Awards™ 2017 graced by Professor Deng Yongheng as the Award’s ceremony guest of honour.  Professor Deng is the National University of Singapore’s Provost’s Chair Professor and Head of Department of Real Estate, a Professor of Real Estate and Finance at the School of Design and Environment, and NUS Business School.  He is also the former Director of the Institute of Real Estate Studies (IRES) at the National University of Singapore (NUS).

The Asia Pacific Best of the Breeds REITs Awards™ 2017 is a coveted award to recognize companies and managers with the highest standards and performance in the Asia Pacific REITs sector.  The scoring methodology is based on a number of attributes with assigned weightages to credit ratings, gearing, market cap, yield, weight asset lease expiry or WALE, quality of manager, YTD returns and DPU or Distribution per unit.   This selection methodology is proprietary to this award and was constructed by the panel of judges consisting of four highly respected professionals in the financial sector namely:

Mr Terence Wong , CEO , Executive Director , Azure Capital

Mr Andy Wong Teck Ching , Investment Analyst, OCBC Investment Research

Mr Pang Ti Wee , Investment Analyst, Religare Securities Ltd

Mr Teo Wee Hwee , PWC , Real Estate & Hospitality Tax Leader, Fund Structuring & International Tax

Only 22 REITs out of the entire Asian REITs universe in Singapore, Malaysia and Hong Kong have qualified for this year’s Asia Pacific Best Of The Breeds REITs Awards.

The winners are:

  • Best Of The Breeds REITs Award for Office REIT (Singapore)

Frasers Commercial Trust (Platinum)

  • Best Of The Breeds REITs Award for Office REIT (Malaysia)

KLCCP STAPLED GROUP (Platinum)

MRCB Quill REIT (Gold)

  • Best Of The Breeds REITs Award for Retail REIT (Singapore)

CapitaLand Mall Trust (Platinum)

Frasers Centrepoint Asset Management LTD (Gold)

YTL Starhill Global REIT Mgmt Ltd (Silver)

BHG Retail REIT (Bronze)

  • The Best Of The Breeds REITs Award for Retail REIT (Hong Kong)

FORTUNE REIT (PLATINUM)

  • Best Of The Breeds REITs Award for Retail REIT (Malaysia)

KLCC STAPLED GROUP (Platinum)

Sunway REIT (Gold)

CapitaLand Malaysia Mall REIT (Silver)

  • Best Of The Breeds REITs Award for Industrial REIT (Singapore)

Viva Industrial Trust (Platinum)

Cache Logistics Trust (Gold)

Soil Build  Reit Management Pte Ltd  (Silver)

 

  • Best Of The Breeds REITs Award for Industrial REIT (Malaysia)

Axis REIT (Platinum)

  • Best Of The Breeds REITs Award for Hospitality REIT (Singapore)

Ascott Residence Trust Management Ltd (Platinum)

Ascendas Hospitality Trust (Gold)

Frasers Hospitality REIT  (Silver)

  • Best Of The Breeds REITs Award for Hybrid – Office / Retail REIT (Singapore)

Suntec Real Estate Investment Trust (Platinum)

  • Best Of The Breeds REITs Award for Alternative Asset REIT (Singapore)

EC World REIT  (Platinum)

  • Best Of The Breeds REITs Award for Healthcare REIT (Malaysia)

Al-‘Aqar Healthcare REIT (Platinum)

  • Best Of The Breeds REITs Award for Islamic REIT (Malaysia)

Al-Salam REIT (Platinum)

For more information please contact Ms Tricia Lim:

Ms Tricia Lim

Marketing Manager

(PH – SG) 65 6846 2710 (PH – OVERSEAS) 65 6444 1644 (M) 65 9003 9784

(E) Marketing@pinnaclegroup.global

 

 

Press Release – For Immediate Release

 Asia’s Major REITs Players to Attend Prominent REITs Conference and Awards on 4 August 2017

 

29 June 2017, Singapore – Over 20 top Asian REITs players are expected to attend Asia’s premier REITs and real estate securitisation event, the 4th REITS Asia Pacific 2017 to be held on 4 August 2017 at Sheraton Towers Hotel, Singapore. The prior REITs Asia Pacific conferences were trailblazers and were instrumental in developing investor interest in the Singapore REIT market. This year, the event will also play host to the Asia Pacific REIT industry recognition event – “The Asia Pacific Best of the Breeds REITs Awards™ 2017”.

Since the successful launch of the first Asian REIT, Japan Australia, Singapore and Hong Kong have established themselves as well recognised REIT centres. Other Asian markets such as Malaysia, South Korea, Taiwan and Thailand have also developed their REIT markets and are looking to close the gap. India is recent entrant to the game with REIT and InvIT rules being finalised over the past two years, and now with succesful InvIT listings and REITs in the IPO pipeline.

China is also exploring the concept with prototype REITs such as the Penghua-Qianhai-Vanke “REIT” listed on the Shenzhen Exchange in June 2015. Chinese authorities are said to be seriously contemplating the formalisation of REIT codes.

The Philippines, meanwhile, is ironing out the final kinks in tax and ownership structures which is holding back the public offering of REITs.

These developments hold tremendous potential for Asia Pacific’s real estate sector.

China’s top tier cities, – Shanghai and Beijing, are establishing themselves among the world’s top 10 city economies in terms of scale, status and commercial attraction. India shows similar potential. The top seven cities of India together have more than 400 million square feet of operational office space. This is expected to grow by approximately 25 million to 30 million square feet annually. Of this office stock, more than 150 million square feet will be ready for REIT listing.

REITs hold many benefits to the overall economic development of a country especially for developing economies like China and India where REITs free up capital for real estate and infrastructure, attracting long-term investors such as sovereign wealth funds, pension funds and insurance companies.

2017 will likely witness a renaissance in Asia’s REITs markets with India and China as the next bright spots. For a vibrant and robust REIT market to emerge, several conditions are needed and there is no one straightforward formula. This summit again will see the gathering of some of the region’s top investors, issuers and arrangers who will share their insights on the Asian REITs market.

 

One of the main attractions of this event is the The Asia Pacific Best of the Breeds REITs Awards™ 2017. The Asia Pacific Best of the Breeds REITs Awards™ 2017 is a coveted award held in conjunction with the 4th REITs Asia Pacific 2017 Conference to recognize companies and managers with the highest standards and performance in the Asia Pacific REITs sector. The judging panel consists of senior professionals in the financial and real estate sector with balanced representation from ratings agencies, research houses and advisory firms across different countries. The selection methodology is based on a combined scoring metric that takes into account ratings strength and stability, financial performance and other relevant criteria. This selection methodology is proprietary to this award and upholds very stringent standards.

The awards categories are:

  • Retail REIT
  • Office REIT
  • Industrial REIT
  • Hospitality REIT
  • Healthcare REIT
  • Islamic REIT
  • Alternative Asset Class REIT
  • Retail & Office Hybrid
For more information please visit: pinnaclegroup.global/reits2017/ or contact Ms Tricia Lim for media partnerships and passes:

Ms Tricia Lim Marketing Manager

(PH – SG) 65 6846 2710 (PH – OVERSEAS) 65 6444 1644 (M) 65 9003 9784

(E) Marketing@pinnaclegroup.global