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100% payout ratio the first year?
doesn' t make me feel comfortable.
prime reit did that too
0.7 range here we come.
doesn' t make me feel comfortable.
prime reit did that too
0.7 range here we come.
79.5/80 was the key support. Once it broke, sellers seize control.
tonytony ( Date: 18-May-2026 19:18) Posted:
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If the DPU remains constant, the cost of investment at $0.70 is fully recovered within 10 years, effectively reducing the net cost to nil.
📊 Yield Scenario Table
📊 Yield Scenario Table
| Unit Price (S$) | Annual Distribution (S$0.06864) |
Yield (%) | Spread vs. 10Y Treasury (4.4%) |
|---|---|---|---|
| 0.70 | 0.06864 | 9.81% | +5.41% |
| 0.75 | 0.06864 | 9.15% | +4.75% |
| 0.80 | 0.06864 | 8.58% | +4.18% |
| 0.85 | 0.06864 | 8.07% | +3.67% |
| 0.88 (IPO) | 0.06864 | 7.80% | +3.40% |
| 0.90 | 0.06864 | 7.63% | +3.23% |
| 0.95 | 0.06864 | 7.23% | +2.83% |
| 1.00 | 0.06864 | 6.86% | +2.46% |
wait at $0.70 ?
tonytony ( Date: 18-May-2026 19:18) Posted:
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Why people are dumping this REIT?
Getting cheaper.........
With some recent activities, the occupancy at these properties has increased from the prospectus amt of 89.5% to 93%. I wondered what else has developed that we do not know abt,...... The other thing I could think of is the BOJ raising rates soon and the J-Yen weakening today, but perhaps not tmrw,....
coco66 ( Date: 15-May-2026 11:26) Posted:
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have entered 0.7++ range today with strong volume of million over shares
I' m assuming its using matching JPY denominated debt to fund this, in which case it is very accretive.
UOBKH' s Koh maintains ' buy' call and $1.16 target price on UI Boustead REIT following Japan logistics project
Jonathan Koh of UOB Kay Hian has kept his " buy" call and $1.16 target price on newly-listed UI Boustead REIT after it announced its first co-development project.
According to the REIT on April 24, it has taken a 24.26% effective interest in the co-development project UIB Konan Phase 3 to build two modern logistics facilities with a total NLA of 508,880 sf at Konan City, Shiga Prefecture, Japan.
Its partners in this project are its sponsor, UIB Holdings (1.38%), Fraxtor UIB Konan (50.1%) and a Tokyo-listed corporation with 24.26%.
With its interest of 24.26%, UIBREIT' s effective total investment value will be $20.8 million and capital commitment of $7.3 million. Upon completion by 2QFY2027, the property will be managed by UI Japan, the sponsor&rsquo s wholly owned subsidiary.
The project is adjacent to UIB Konan Phase 2, which the REIT already owns, creating operational synergies.
The area benefits from strong logistics demand and low vacancy rates due to its position as a key overland gateway connecting Osaka and Nagoya - two of Japan&rsquo s largest metropolitan regions.
According to Koh, the project is aligned with UIBREIT&rsquo s strategy of pursuing selective value-accretive and risk-mitigated development projects.
" By investing at the development stage, UIBREIT was able to capture development margins with an estimated yield on cost of 4.8%, which compares favourably with its projected Japan portfolio yield of 3.6%," he says.
From Koh' s perspective, this is a relatively small investment with portfolio AUM expanding marginally by only 1.1%, and its aggregate leverage is expected to increase by 0.7ppt to 38.6% upon completion of the development projects anticipated in 2Q27.
Under terms of this development, UIBREIT has an option to acquire the remaining 75.74% interest at a yield of 4% after the two logistics facilities are completed, which gives it the flexibility to deepen its long-term exposure into this region.
According to Koh, UIB Konan Phase 3 can help capture spillover demand from 3PL logistics providers and manufacturers operating in the vicinity and existing tenants currently housed at UIB Konan Phase 1 and Phase 2.
The development is poised to secure pre-commitment of 70% from three potential tenants. At UIB Konan Phase 2, occupancy has improved by 4ppt to 81% and the REIT is aiming for 90% by June.
Despite this overseas commitment, Koh points out that UIBREIT is keeping its primary focus on Singapore, which accounted for 70.4% of portfolio AUM post-transaction, while exposure to Japan expanded by 0.8ppt to 29.6% of portfolio AUM.
Meanwhile, UIBREIT will have a pipeline of other co-developments including a built-to-suit project in Singapore.According to Koh, there are value-accretive AEI opportunities such as the $3 million conversion of AUMOVIO Building Phase 3 at Boon Keng Road from a single-tenanted property to a multi-tenanted property.
Koh, estimating that UIBREIT provides an attractive DPU yield of 8.1% for FY2027, is keeping his " buy" call and $1.16 target price.
UI Boustead REIT, as at 10.52 am, traded at 83.5 cents. It was listed at 88 cents last month.
Difficult to advise without knowing more about personal risk appetite, wealth etc.
What is possible to say is that based on relative valuations this is one of the best valued REITs on SGX, based on DPU, leverage situation and growth potential.
What is possible to say is that based on relative valuations this is one of the best valued REITs on SGX, based on DPU, leverage situation and growth potential.
question.. is it good prospect to add position and what price?
Right now semiconductor is being played up and up.. reminds me of 2000 internet bubble bursting
To FOMO semiconductor shares now is super risky .. just to remind ppl Creative tech was trading at $15 during the 2000 bubble then now is 76 cents. Those who FOMO at $15 20+ years ago I wonder where are they now.
Sandisk now $1000, was trading at $35 just 1 year ago. Imagine go FOMO $1000 now then crash to $100, can cry
To FOMO semiconductor shares now is super risky .. just to remind ppl Creative tech was trading at $15 during the 2000 bubble then now is 76 cents. Those who FOMO at $15 20+ years ago I wonder where are they now.
Sandisk now $1000, was trading at $35 just 1 year ago. Imagine go FOMO $1000 now then crash to $100, can cry
Alignment ( Date: 25-Apr-2026 17:20) Posted:
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Good point.
I am on both horses. Would obviously have wanted to have more on the semi names up to now. But am happy with a lower risk lower reward balance vs just going all in.
I am on both horses. Would obviously have wanted to have more on the semi names up to now. But am happy with a lower risk lower reward balance vs just going all in.
luckyguy3 ( Date: 25-Apr-2026 10:18) Posted:
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Strong resistance at 84 has pushed price back into the descending channel.
It may continue drifting lower, with the death cross adding further confirmation. Support remains near ~80.
It may continue drifting lower, with the death cross adding further confirmation. Support remains near ~80.
UOBKH' s Koh initiates coverage on UI Boustead REIT with $1.16 target price
UOB Kay Hian' s Jonathan Koh has initiated coverage on UI Boustead REIT with a " buy" call and $1.16 target price, with a view that it benefits from long-term leases with reputable blue chip tenants, and of course, an attractive yield of 8.2% for FY2027.
UIBREIT, which went public less than two months ago, owns a portfolio that comprises 23 properties, including 21 leasehold assets in Singapore and two freehold assets in Japan.
About 69.2% of its tenants operate in industries like electronics and IT, automotive, aerospace & avionics, life sciences, precision engineering, information & communication technology and e-commerce.
According to Koh, these are the sectors aligned with Singapore&rsquo s Industry Transformation Maps (ITM).
Among these tenants are Fortune 500 companies, with the top 10 tenants&rsquo WALE averaging 8.4 years.
The top 10 tenants, which accounted for about 53.9% of the REIT' s net property income, provides defensive strength, says Koh.
The sponsor, UIB Holdings, has a vertically-integrated platform across the entire real estate value chain. Of the 21 Singapore properties, the sponsor developed all but one.
UIB Holdings has granted a voluntary right of first refusal to UIBREIT over its stabilised income producing business space, hi-specs industrial, logistics and general industrial real estate assets in the Asia Pacific region, with a total gross floor area of 19.6 million square feet now in the pipeline.
Koh points out that UIBREIT is the only capital recycling vehicle for the sponsor' s pan-Asia stabilised logistics and industrial assets.
UIBREIT units, as at 9.42am, traded at 83 cents. It was listed at 88 cents.
Use the proceed to FOMO semiconductor counters... becos this one dun move at all
everyone now joining the bubble blowing in semiconductors counters.. i wonder when the bubble burst is going to be a LOUD
bang
everyone now joining the bubble blowing in semiconductors counters.. i wonder when the bubble burst is going to be a LOUD
bang
Alignment ( Date: 21-Apr-2026 11:51) Posted:
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UI Boustead REIT launches maiden investment in UIB Konan Phase 3 development project
UI Boustead REIT (SGX:UIBU) announced that it has entered into various agreements to co-invest in the development of UIB Konan Phase 3, which comprises of two logistics facilities in Konan City, Shiga Prefecture, Japan.
Upon completion of the development, it will be managed by UI Japan, a wholly-owned subsidiary of UIB Holdings Limited, which is also the REIT&rsquo s sponsor.
UI Boustead REIT will hold a 24.26% effective interest in the development, together with a Tokyo Stock Exchange-listed corporation, Fraxtor UIB Konan Pte Ltd 3 (Fraxtor) and the Sponsor.
Both the Sponsor and Fraxtor have provided a purchase option to UI Boustead REIT to fully acquire UIB Konan Phase 3 upon completion of the development.
According to the REIT, the total development cost for UIB Konan Phase 3 is around JPY 10.3 billion ($84.1 million).
Including transaction costs, the REIT&rsquo s share of the total investment value is around $20.8 million, of which its capital commitment is approximately $7.3 million and will be funded by internal funds and/or existing debt facilities.
This will increase the REIT&rsquo s pro forma aggreagate leverage from 37.9% to 38.6% upon completion of the development, which is slated to compete in the second quarter of 2027.
&ldquo The development marks UI Boustead REIT&rsquo s first investment post its initial public offering in March 2026. We would like to thank our Sponsor for this valuable opportunity which allows the REIT to capture attractive upside and value-accretion once the project is stabilised,&rdquo says Tan Shu Lin, CEO of the manager.
Units in UI Boustead REIT closed 0.5 cents lower or 0.61% down at 82 cents on April 24.
Would be interesting to know the thoughts of anyone who bought at the IPO and then sold at a loss. Why would you do that...?
Dropped to 0.82 now