Pure Logistics REITs Comparison @ 2 December 2020

There are only 3 pure logistics SREITs which are ARA LOGOS Logistics Trust, EC World REIT and Mapletree Logistics Trust. It may seem like not an apple to apple comparison as MLT is a big cap REIT as compare to the other 2. Nonetheless, let's see how they fare against each other. For the previous comparison, please refer here.

* 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 - ECW

3) Lease Profile - MLT

4) Debt Profile - MLT

5) Diversification - MLT

6) Key Financial Metrics - ALOG & ECW

7) Growth Trend - MLT

8) Overall - MLT, followed by ECW.

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

For relative valuation, ALOG is more favorable.

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

- ARA LOGOS Logistics Trust Analysis @ 28 October 2020

- EC World REIT Analysis @ 17 November 2020

- Mapletree Logistics Trust Analysis @ 19 October 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.