COMPANY OVERVIEW: Suntec Real Estate Investment Trust

Suntec Real Estate Investment Trust is a real estate investment fund launched and managed by ARA Trust Management (Suntec) Limited. It invests in the real estate markets of Singapore. The fund invests in real estate and real estate-related assets that are primarily used for retail or office purposes. Suntec Real Estate Investment Trust was formed on November 01, 2004 and is based in Singapore, Singapore.

Price to Earning (PE)	11.64
EARNINGS PER SHARE (SGD)	0.14
SECTOR	Financials
DIVIDEND INDICATED GROSS YIELD	6.13%

  Highlights

• Suntec Real Estate Investment Trust (  has outperformed over the last five plus years. The share price recorded returns of about 152% from 1 Jan 2009 Over the past five financial years, the Real Estate Investment Trust (REIT) has also paid out a total exceeding 50 cents in distributions. By comparison, the capital gain returns of the SPDR STI ETF , a proxy for the Straits Times Indexwas 77% for the same duration.

FINANCIAL VIEW

• The Market Capitalization and positive NAV indicate the overall growth of the company which is increasing year on year.
• Higher PE indicates that the investors are expecting a higher earnings growth.

	FY2012 31/Dec/2012	FY2013 31/Dec/2013	FY2014 31/Dec/2014	LTM Ending 30/Sep/2015
Revenue	308.728	405.76	421.519	413.299
Gross Profit	171.098	280.705	287.476	269.478
Net Income	413.164	364.405	317.4	353.98
Total return after tax	206.728	278.279	269.11	270.507

 Technical Indicators and Recommendation

Technical indicators are supportive for SUNTEC REIT , it has given the breakout of Bollinger middle band with good volume and according to Fibonacci retrenchment tool it has cross 38.2% resistance level so are expecting it will go up to 68.1% i.e. 1.78 for long term. For short term it will go up to higher Bollinger band up to 1.72.

 STOCKS TECHNICAL:

SGX Symbol	T82U	Currency	SGD
Last Done	1.665	Volume(‘000)	5,319
Change	+0.45	% change	0.60%
Day’s Range	1.700-1.720	52 Weeks’ Range	-