| Dividend Yield | 5.64% |
| P/B Ratio | 0.67 |
| Aggregate Leverage Ratio | 41.5 |
| Occupancy Rate | 93% |
| WALE | 2.3 year(s) |
| Interest Coverage Ratio | 2.1 times |
| Fixed Rate Debt | 65% |
| Ex-dividend Date | 29 Jan 2026 |
| Record Date | 30 Jan 2026 |
| Payout Date | 27 Feb 2026 |
| Type | Office & Retail |
Remarks
Suntec REIT's debt profile remained stable in 4Q2025, with the aggregate leverage ratio rising to 41.5% (from 41% in the previous quarter), while the adjusted interest coverage ratio (ICR) strengthened slightly to 2.1x from 2.0x. The overall debt profile remains unfavorable.
David Ang - 26 Jan 2026Suntec REIT's debt hedged to a fixed rate is relatively low at 65%. This low rate makes the REIT susceptible to interest rate volatility.
However, as we appear to have entered a new rate-cut cycle, Suntec REIT may benefit more quickly given its higher proportion of floating-rate debt.
David Ang - 26 Jan 2026Suntec REIT reported a relatively 'muted' set of financial results for the last quarter of FY2025. Gross revenue increased by 1.7% YoY, and the net property income (NPI) increased by 1.9% YoY. DPU rose by 13.6% YoY. Overall, 4Q FY2025 was a good result for Suntec REIT compared to some of its previous quarters.
David Ang - 26 Jan 2026Suntec REIT has only ~2.46% refinancing cost in 2026.
David Ang - 26 Jan 2026Suntec REIT has around 12% exposure to the Australian market. The weaker AUDSGD exchange rate reduced its Australian revenue. With office vacancies likely to increase due to the incoming supply and competition, Suntec may find it harder to divest its Australian portfolio in unfavorable market conditions.
David Ang - 26 Jan 2026Geographical Exposure
| Singapore | 78% |
| Australia | 12% |
| United Kingdom | 10% |
Sectoral Exposure
| Office | 77% |
| Retail | 21% |
| Convention | 2% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY26 | 100 | 2.46% |
| FY27 | 900 | 22.17% |
| FY28 | 1,388 | 33.94% |
| FY29 | 1,150 | 28.33% |
| FY30 | 356 | 8.79% |
| FY31 | 175 | 4.31% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.