Suntec Real Estate Investment Trust

SES T82U.SI

Suntec Real Estate Investment Trust Debt to Equity Ratio for the year ending December 31, 2023: 0.66

Suntec Real Estate Investment Trust Debt to Equity Ratio is 0.66 for the year ending December 31, 2023, a -11.92% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Suntec Real Estate Investment Trust Debt to Equity Ratio for the year ending December 31, 2022 was 0.75, a -2.52% change year over year.
  • Suntec Real Estate Investment Trust Debt to Equity Ratio for the year ending December 31, 2021 was 0.77, a -4.00% change year over year.
  • Suntec Real Estate Investment Trust Debt to Equity Ratio for the year ending December 31, 2020 was 0.80, a 31.82% change year over year.
  • Suntec Real Estate Investment Trust Debt to Equity Ratio for the year ending December 31, 2019 was 0.61, a -1.96% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SES: T82U.SI

Suntec Real Estate Investment Trust

CEO Mr. Kee Hiong Chong
IPO Date Nov. 5, 2007
Location Singapore
Headquarters 5 Temasek Boulevard
Employees 1,300
Sector Consumer Discretionary
Industries
Description

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.

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StockViz Staff

January 16, 2025

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