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Singapore office and retail REIT anchored by the Suntec City integrated development and convention center.
Singapore office and retail REIT anchored by the Suntec City integrated development and convention center.
Collects rent from offices and shops and a fee from running the convention centre, whose income moves with event bookings. Beyond Suntec City it owns shares in other Marina Bay office towers and in Australian properties, and distributes most income to unitholders.
In one line: A Singapore office/retail REIT anchored by Suntec City.
Moat: narrow (installed base, scale). Iconic integrated office-retail-convention complex in Singapore's Marina Bay area.
Headquarters: Singapore · Founded: 2004
Size Suntec Real Estate Investment Trust (T82U.SI) is a Singapore Real Estate company (Real Estate Investment Trusts) with a market value of $3.18B, the 34th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$1.37 on 6 Nov 2026.
Performance Over six months the shares fell 7.4%, against -1.9% for the median peer and -1.2% for the Singapore market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median +5.5%); the operating margin is 55.7% (peer median 48.1%).
Valuation It trades at 0.67× book value against a peer median of 1.02× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 4.3%; Suntec Real Estate Investment Trust delivers 5.2%, so the price asks less than the business earns today.
Next results Next results expected around 26 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$494M | S$489M | S$482M | S$488M | S$467M |
| Revenue growth | — | +1% | -1% | +4% | — |
| Gross profit | S$263M | S$265M | S$257M | S$264M | S$284M |
| EBITDA | S$276M | S$224M | S$240M | S$211M | S$347M |
| Net income | S$309M | S$159M | S$113M | S$171M | S$463M |
| Free cash flow | S$180M | S$169M | S$149M | S$152M | S$252M |
| Capital expenditure | S$21.1M | S$22.1M | S$1.39M | S$1.46M | S$192,000 |
| Total debt | n/a | S$4.46B | S$4.56B | S$4.61B | S$5.19B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Suntec Real Estate Investment Trust T82U.SI | $3.18B | -7% | +1% | 5% | 0.67× | 4.3% |
| Keppel REIT K71U.SI | $3.27B | -5% | +5% | 8% | 0.67× | 4.6% |
| OUE Real Estate Investment Trust TS0U.SI | $1.50B | -5% | +7% | 1% | 0.62× | 4.4% |
| CapitaLand Integrated Commercial Trust C38U.SI | $14.6B | +2% | +5% | 8% | 1.09× | 6.1% |
| Mapletree Pan Asia Commercial Trust N2IU.SI | $4.89B | -7% | -5% | 3% | 0.68× | 5.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | T82U.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.0% | +3.8% | 10th lowest of 21 |
| 6-month return | -7.4% | -1.9% | 7th lowest of 21 |
| Return on equity | 5.2% | 7.9% | 8th lowest of 21 |
| Price / book | 0.67× | 1.02× | 3rd cheapest of 21 |
| Trailing P/E | 13.1× | 17.2× | 5th cheapest of 19 |
| ROE the price implies | 4.3% | 7.1% | 2nd least demanding of 21 |
| ROE delivered | 5.2% | 7.9% | 8th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Suntec Real Estate Investment Trust T82U.SI | Singapore | $3.18B | -7% | +1% | 5% | 0.67× | 4.3% | 5.2% |
| Park Hotels & Resorts PK | United States | $3.17B | +39% | -1% | -5% | 1.03× | 12.1% | -5.0% |
| Daiwa House REIT Investment 8984.T | Japan | $3.15B | -13% | -9% | 5% | 1.01× | 4.4% | 4.9% |
| Japan Hotel Reit Investment 8985.T | Japan | $3.14B | +7% | +15% | 8% | 1.44× | 6.8% | 8.5% |
| CT Real Estate Investment Trust CRT-UN.TO | Canada | $3.11B | +3% | +5% | 13% | 0.68× | 6.2% | 12.9% |
| Keppel REIT K71U.SI | Singapore | $3.27B | -5% | +5% | 8% | 0.67× | 4.6% | 8.5% |
| ORIX JREIT 8954.T | Japan | $3.06B | -12% | +35% | 8% | 1.36× | 5.4% | 8.3% |
| United Urban Investment 8960.T | Japan | $3.04B | -15% | -2% | 7% | 1.25× | 4.9% | 7.2% |
| Broadstone Net Lease BNL | United States | $3.36B | -12% | +8% | 5% | 1.17× | 10.7% | 5.0% |
| SmartCentres Real Estate Investment Trust SRU-UN.TO | Canada | $3.37B | -3% | -1% | 3% | 0.93× | 7.4% | 3.1% |
| Primary Health Properties PHP.L | United Kingdom | $3.41B | +6% | +104% | 8% | 0.99× | 10.9% | 8.0% |
| Frasers Centrepoint Trust J69U.SI | Singapore | $3.43B | -5% | +16% | 8% | 0.92× | 3.4% | 7.9% |
| Invincible Investment 8963.T | Japan | $2.94B | -1% | +10% | 9% | 1.31× | 6.2% | 8.9% |
| Canadian Apartment Properties Real Estate Investment Trust CAR-UN.TO | Canada | $3.45B | -14% | -7% | -2% | 0.58× | 6.0% | -1.5% |
| KDX Realty Investment 8972.T | Japan | $3.47B | -16% | +3% | 5% | 0.87× | 4.9% | 5.4% |
| Highwoods Properties HIW | United States | $3.47B | +24% | +6% | 8% | 1.48× | 13.8% | 7.9% |
| National Health Investors NHI | United States | $3.50B | -5% | +24% | 11% | 2.23× | 13.0% | 10.9% |
| DiamondRock Hospitality DRH | United States | $2.88B | +30% | +2% | 11% | 1.86× | 16.4% | 10.6% |
| Derwent London DLN.L | United Kingdom | $2.87B | +15% | +45% | 1% | 0.62× | 10.0% | 1.4% |
| First Capital Real Estate Investment Trust FCR-UN.TO | Canada | $3.55B | 0% | +3% | 24% | 1.01× | 8.1% | 24.2% |
| Curbline Properties CURB | United States | $3.57B | +5% | +51% | 1% | 1.57× | 10.6% | 1.3% |