There are 18 total real estate management and development firms in Singapore. The total market capitalisation of the group comes out to be $90 billion. Just how big is this overall? The combined $152 billion capitalisation of the Real Estate Sector compares to $97 billion for the three Singapore banks.
Over the past fifteen years the Real Estate Index generated nearly double the price gains of the Residential Urban
Redevelopment Authority Property Price Index.
Who are the leaders of the pack?
Hongkong Land Holdings Limited (SGX: H78), CapitaLand Limited (SGX: C31), Global Logistic Properties Ltd (SGX: MC0), and City Developments Limited (SGX: C09), are all heavily involved with the development of real estate in the city.
How strong is their influence? What should investors know?
The stocks that of the Real Estate subsectors comprise a mix of Singapore real estate and international real estate and combination of holders of local and international properties.
Income investors should know that the largest dividend among Singapore’s real estate management and development companies comes from Frasers Centrepoint Ltd (SGX: TQ5). Oxley Holdings are the top performing stock of the group. With a 66% total return over the past three years, this is a good stock to watch. On the other hand, blue chip companies such as City Developments and Global Logistic Properties recorded negative total returns of 36.2% and 33.4%, respectively, over the same timeframe.
With a market cap of $21 billion, Hong Kong Land Holdings leads the list. Founded in 1889, the Group owns and operates nearly 800,000 sq. m. of luxury retail property and office space in key Asian cities, primarily Hong Kong and Singapore. The group is incorporated in Bermuda with a standard listing on the London Stock Exchange as its primary listing.
CapitaLand is headquartered and listed in Singapore. It focuses Singapore and China, while identifying Malaysia, Indonesia, and Vietnam as new growth markets.
To learn more, read the Singapore Exchange Limited February 2016 report.
from Anthony S Casey and Real Estate http://ift.tt/1S06Z8j