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 and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall. 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 and a 100% interest in The Minster Building both located in London, United Kingdom. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited.
Metrics to compare | SUNT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSUNTPeersSector | |
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P/E Ratio | 20.4x | 11.0x | 7.8x | |
PEG Ratio | −0.71 | −0.20 | 0.01 | |
Price / Book | 0.6x | 1.0x | 0.9x | |
Price / LTM Sales | 7.6x | 7.7x | 3.9x | |
Upside (Analyst Target) | −9.2% | 8.8% | 11.0% | |
Fair Value Upside | Unlock | −11.0% | 0.3% | Unlock |