SUMMARY SUNTEC REIT has seen strong insider buying over the last year. Is it strong value? Or is it possible future hostile takeover?
#suntec #reit owns office towers in Suntec City and 1/3 holdings of MBFC and ORQ. They also own Australian properties and now a new London grade A offices. Ho Bee has been investing into London Grade A offices for quite a few years.
Suntec Mall contributes 28% to Net Property Income. However, there seems to be more vacancies these days. This could be work from home orders from the offices in the towers. And possibly the lost of effectiveness of the Suntec convention centre.
Recommended video for new investors: Free tools to analyse REITS in Singapore. https://youtu.be/2mvCy4JsdOA