China Retail Focused REITs/BizTrust Comparison @ 29 November 2020

Today, let's compare the 4 China retail-focused REITs/BizTrust, you could refer here for previous comparison. With CapitaLand Retail China Trust expanded mandate and recently proposed acquisitions, it will not be a pure retail REIT anymore moving forward. 

* Growth Trend for DPU is not adjusted for any equity fundraising.

Below is the summary for REIT with more favorable points by categories:

1) Basic Profile & Key Statistics - Sasseur

2) Related Parties Shareholding - Sasseur

3) Lease Profile - DRT

4) Debt Profile - CRCT

5) Diversification - CRCT

6) Key Financial Metrics - Sasseur

7) Growth Trend - Sasseur

8) Overall - Sasseur, followed by CRCT

For relative valuation, let's try to use the standard deviation method to gauge.

For relative valuation, it is a tie between BHG, DRT and Sasseur. 

Above is just a quick comparison, you could refer to more detail on the individual analysis below:

- CapitaLand Retail China Trust Analysis @ 10 November 2020

For more information, you could refer to:

SREITs Dashboard - Detailed information on individual Singapore REIT

SREITs Data - Overview of Singapore REIT

REIT Analysis - List of previous REIT analysis posts

REIT Investing Community - Facebook Group where members share and discuss REIT topic

*Disclaimer: Materials in this blog are based on my research and opinion which I don't guarantee accuracy, completeness, and reliability. It should not be taken as financial advice or a statement of fact. I shall not be held liable for errors, omissions as well as loss, or damage as a result of the use of the material in this blog. Under no circumstances does the information presented on this blog represent a buy, sell, or hold recommendation on any security, please always do your own due diligence before any decision is made.