Morningstar's Suntec Real Estate Investment Trust Stock Analysis
Suntec Real Estate Investment Trust's Company Profile
Suntec REIT owns an SGD 12.2 billion portfolio (as of March 31, 2022) of income-producing office and retail properties in Singapore, Australia and the U.K. The majority of its assets, based on asset values, are offices (79%) and located in Singapore (70%). Its flagship asset is Suntec City, one of Singapore’s largest integrated developments, consisting of offices, retail and a convention center. The trust is externally managed by ARA Trust Management (Suntec), a wholly-owned subsidiary of ESR Cayman that has an 8% stake in Suntec REIT.
Singapore, 038985, Singapore