Suntec REIT

#3482

Rank

$2.71B

MarketCap SG

SG Singapore

Country

Summary
Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road. Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 100% interest in a commercial building located at 21 Harris Street, Pyrmont, Sydney, a 50.0% interest in Southgate Complex, Melbourne, a 50.0% interest in a commercial building located at Olderfleet 477 Collins Street, Melbourne and a 100% interest in a commercial building located at 55 Currie Street, Adelaide, Australia. Suntec REIT also holds a 50.0% interest in Nova Properties located in London, United Kingdom. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited.

History

In 2004, Suntec City Trust, the first real estate investment trust listed in Singapore, was established. The trust was formed by the restructuring and consolidation of 11 stapled securities which were backed by two commercial and three retail properties owned by Suntec Real Estate Investment Trust Pte Ltd and Suntec Singapore International Convention & Exhibition Centre Pte Ltd. As of today, Suntec REIT is one of the largest commercial REITs in Singapore.


Mission
Our mission is to provide investors with consistent, sustainable and growing distributions, while enhancing and preserving the value of our properties.

Vision
We strive to be the pre-eminent regional REIT with a diversified portfolio of income producing properties in Singapore and the Asia Pacific region.

Key Team

Ms. Melissa Chow (Mang. of Investor Relations - ARA Trust Management (Suntec) Limited)

Mr. Kok Keong Lum (Chief Exec. officer of Suntec City Devel. Pte Ltd)

Ms. Wai Ming Chiang (Company Sec. of ARA Trust Management (Suntec) Limited)

Ms. Mei Mei Low (Company Sec.)

Mr. Kar Tung Quek (Director of Bus. Devel. of the ARA Group)

Ms. Soon Siew Chiam (Sec. & Director of Legal & Corp. Affairs - Suntec City Devel. Pte Ltd)

Ms. Keng Tay (Acting Financial Controller of Suntec City Devel. Pte Ltd)


Recognition and Awards
Throughout the years, Suntec REIT has been honoured with numerous awards, including the Straits Times REIT Award in 2016 and 2017 and the Asia Pacific Property Awards in 2017.

References
Suntec REIT
Leadership team

Mr. Kee Hiong Chong (CEO & Exec. Director of ARA Trust Management (Suntec) Limited)

Ms. Ee San Ng (Fin. Director of ARA Trust Management (Suntec) Limited)

Ms. Dawn Lai (Chief Operating Officer of ARA Trust Management (Suntec) Limited)

Products/ Services
Real Estate
Headquarters
Singapore, Central Region, Singapore
Established
2004
Net Income
100M - 500M
Revenue
100M - 500M
Traded as
T82U.SI
Sun Mar 03 2024
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