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Singaporean (SGX) Retail REITs Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies11
  • 7D-0.8%
  • 3M0.5%
  • 1Y-2.0%
  • YTD-0.8%

Over the last 7 days, the Retail REITs industry has dropped 1.1%, driven by declines in CapitaLand Integrated Commercial Trust and Paragon REIT of 0.5% and 2.5%, respectively. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 1.9% per annum.

Industry Valuation and Performance

Has the Singaporean Retail REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025S$25.7bS$3.5bS$1.4b15.2x17.8x7.4x
Sun, 19 Jan 2025S$25.9bS$3.5bS$1.3b17.7x19.4x7.4x
Tue, 17 Dec 2024S$31.9bS$4.4bS$1.8b16.8x17.8x7.2x
Thu, 14 Nov 2024S$32.5bS$4.4bS$1.8b17.1x18.2x7.3x
Sat, 12 Oct 2024S$35.0bS$4.5bS$1.9b18.1x18.3x7.8x
Mon, 09 Sep 2024S$34.0bS$4.5bS$1.9b17.2x17.7x7.6x
Wed, 07 Aug 2024S$31.6bS$4.4bS$1.9b16.8x16.8x7.1x
Fri, 05 Jul 2024S$31.2bS$4.5bS$1.9b15.5x16.1x7x
Sun, 02 Jun 2024S$31.0bS$4.5bS$1.7b15.3x18.6x6.8x
Tue, 30 Apr 2024S$31.1bS$4.5bS$1.7b15.3x18.7x6.9x
Thu, 28 Mar 2024S$31.5bS$4.5bS$1.4b17.5x21.8x6.9x
Sat, 24 Feb 2024S$31.9bS$4.5bS$1.6b17.6x19.8x7x
Mon, 22 Jan 2024S$32.4bS$4.5bS$1.5b15.4x21.4x7.2x
Wed, 20 Dec 2023S$33.0bS$4.5bS$1.5b16x21.8x7.3x
Fri, 17 Nov 2023S$31.7bS$4.5bS$1.5b15x20.9x7x
Sun, 15 Oct 2023S$30.6bS$4.4bS$1.7b14.2x18.3x6.9x
Tue, 12 Sep 2023S$32.3bS$4.4bS$1.7b15.3x19.4x7.3x
Thu, 10 Aug 2023S$33.6bS$4.5bS$1.8b16.3x18.3x7.5x
Sat, 08 Jul 2023S$33.0bS$4.2bS$2.0b14x16.9x7.8x
Mon, 05 Jun 2023S$34.4bS$4.2bS$2.0b14.7x17.6x8.1x
Wed, 03 May 2023S$35.4bS$4.3bS$1.9b15.7x18.2x8.3x
Fri, 31 Mar 2023S$35.0bS$4.1bS$2.0b15.6x17.6x8.5x
Price to Earnings Ratio

17.6x


Total Market Cap: S$35.0bTotal Earnings: S$2.0bTotal Revenue: S$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Retail REITs Industry Price to Earnings3Y Average 18.9xAprilJulyOctober2024AprilJulyOctober2025
Current Industry PE
  • Investors are relatively neutral on the Singaporean Retail REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 18.9x.
  • The industry is trading close to its 3-year average PS ratio of 7.4x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 10% per year over the last three years,
  • Revenues have also declined 5.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Singaporean Real Estate industry?

SG Market0.77%
Real Estate-0.67%
Retail REITs-0.81%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CRPU Sasseur Real Estate Investment TrustS$0.691.5%
+S$12.5m
0.7%PB0.8x
JYEU Lendlease Global Commercial REITS$0.511.0%
+S$12.1m
-12.1%PB0.6x
ODBU United Hampshire US Real Estate Investment TrustUS$0.493.1%
+US$8.8m
11.2%PB0.7x
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Latest News

SK6U

S$0.97

Paragon REIT

7D

-2.0%

1Y

14.8%

JYEU

S$0.51

Lendlease Global Commercial REIT

7D

1.0%

1Y

-12.1%

AU8U

S$0.67

CapitaLand China Trust

7D

-2.2%

1Y

-13.0%

P40U

S$0.48

Starhill Global Real Estate Investment Trust

7D

-1.0%

1Y

2.1%

CRPU

S$0.69

Sasseur Real Estate Investment Trust

7D

1.5%

1Y

0.7%

J69U

S$2.07

Frasers Centrepoint Trust

7D

-1.9%

1Y

-6.8%