U.S. Office Focused REITs Comparison @ 27 November 2020

I have done this comparison in the last quarter, let's see if there is any change this time. I will post it in picture form to avoid the previous table alignment problems. 

* 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 - Tie

2) Related Parties Shareholding - Tie

3) Lease Profile - KORE & MUST

4) Debt Profile - PRIME

5) Diversification - KORE & PRIME

6) Key Financial Metrics - PRIME

7) Growth Trend - KORE & PRIME

8) Overall - PRIME, followed by KORE

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

At the current price level, MUST is more favorable.

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

- Keppel Pacific Oak US REIT Analysis @ 22 October 2020

- Manulife US REIT Analysis @ 13 November 2020

- Prime US REIT Analysis @ 15 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.