UI Boustead REIT

UI Boustead REIT

SSGX:UIBU
0.77
SGD
-0.01
(-1.28%)
Dec 02Next Earn
2023 Y
2024 Y
2025 Y
Revenue per Share
0.07
0.07
0.07
Basic EPS, GAAP
0.03
0.05
0.05
Free Cash Flow per Basic Share
- -
- -
0.04
Dividend per Share
- -
- -
0.03
Book Value per Share
- -
- -
0.85
Tangible Book Value per Share
- -
- -
0.85
Basic Weighted Avg Shares
1,366
1,366
1,366
Sales/Revenue/Turnover
95
101
99
Operating Margin (%)
66.95
67.4
68.42
Depreciation Expense
- -
- -
- -
Net Income, GAAP
35
69
74
Effective Tax Rate (%)
2.94
1.17
1.02
Profit Margin (%)
37.36
68.26
74.41
Working Capital
- -
- -
18
LT Debt
- -
- -
643
Total Equity
- -
- -
1,166
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -

Capital Structure

SGD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

SGD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
7.41%
Sales/Revenue/Turnover
- -
- -
-1.48%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
101
2025
- -
- -
99
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.05
2025
- -
- -
0.05
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
0.03
2026
- -
- -
- -

Company Description

CEO
Shu Lin Tan
Sector
Finance
Industry
Real estate investment trusts
Address
82 Ubi Avenue 4 Singapore CE Singapore 408832
IPO Date
Mar 12, 2026
Business
UI Boustead REIT (Ticker: UIBU.SI) is a Singapore-listed real estate investment trust that invests in logistics, industrial, high-specification industrial, and business-space properties across the Asia-Pacific region, with a focus on Singapore and Japan. The REIT aims to provide Unitholders with regular, stable distributions and to achieve long-term growth in distribution per unit (DPU) and net asset value (NAV) per unit, while maintaining an appropriate capital structure, and it targets a diversified portfolio anchored by purpose-built facilities that serve technology and value-added sectors. The sponsor platform operates as a vertically integrated pan-Asian real estate business, combining development, asset and lease management, and property operations across multiple markets. Mandatory main products and services - Core investment mandate: direct and indirect ownership of logistics facilities, Hi-Spec industrial spaces, general industrial properties, and business-space assets; lease management and property management services for the portfolio; real estate-related assets and related services, including asset management, property development oversight, and built-to-suit arrangements. - Property types by category: logistics facilities; hi-spec industrial properties; general industrial properties; business parks and commercial spaces; real estate assets linked to regional headquarters or hub functions. - Geographic scope of offerings: initial focus on Singapore and Japan with ongoing regional expansion across Asia-Pacific; cross-border asset management and tenancy programs to optimize occupancy and rental yields. - Portfolio and asset management services: acquisition, asset and lease oversight, portfolio optimization, and tenancy client services aligned with the needs of high-tech and value-added sectors. Latest major company changes - Public listing and market introduction: listing on the SGX Mainboard with a mandate to invest in a 23-property portfolio across Singapore and Japan, signalling a strategic expansion of Singapore-based industrial REITs into cross-border assets. - Strategic platform governance: integration of Boustead Singapore Limited’s assets and Boustead Projects’ Southeast Asian operations into UI Boustead REIT’s sponsor framework to enhance cross-market execution and asset-scale capability; this includes substantial portfolio value and an expanded cap table post-merger/ restructuring activities completed in 2025–2026. - Portfolio deployment and initial asset mix: initial portfolio comprising 21 Singapore properties and 2 in Japan with total estimated value around S$1.9 billion and a high concentration in logistics, hi-spec industrial, and business space segments; portfolio occupancy and strategic build-to-suit characteristics are designed to attract technology-driven tenants. - Market positioning and expansion groundwork: filings and prospectus material in early 2026 indicate a focus on establishing a scalable, diversified industrial REIT platform with regional tenant hubs and headquarters within a built-to-suit framework to support tenant retention and revenue stability. Additional context - Industry and segments: real estate investment trust focused on logistics, industrial, hi-spec industrial, and business-space assets; target tenants include technology, life sciences, automotive, and other high-tech industries seeking purpose-built facilities. - Target markets: Asia-Pacific with a primary emphasis on Singapore and Japan, expanding to broader regional markets as opportunities arise. - Founding year and headquarters: founded as part of UI Boustead’s platform evolution; headquarters operations anchored in Singapore; Singapore-listed REIT structure under the UI Boustead REIT management umbrella. - Subsidiaries and parent relationships: UI Boustead REIT acts within Boustead’s broader Boustead Singapore Limited ecosystem; UIB REIT Management Pte. Ltd. manages the REIT on the SGX Mainboard within Boustead’s consolidated platform. - Fundraising and capital structure: initial IPO proceeds and asset valuations reflect a strategy to deploy capital toward a diversified industrial portfolio with long-term lease income, supported by a sponsor group with cross-market industrial real estate expertise.