Eric Wealth Advisory

Monday, June 2, 2025

🏙️ [Exclusive Lunch Insight] What’s trending: How Elite UK REIT is Unlocking Hidden Value – And What It Means

As a veteran practitioner in the finance industry for 20 years, I cut through the noise so you don’t have to. Last week, I sat down with Josh Liaw CEO and Pearl Lam from Elite UK REIT and uncovered game-changing moves every savvy investor should know. Thank you for hosting me at Reverie.

🔑 Strategic Takeaways from our conversation

1️⃣ Peel Park, Blackpool: The AI Goldmine

-40-acre site positioned for hyperscale data center conversion (planning submitted).

-£32.8M valuation excludes its 120 MVA power supply – a hidden value catalyst.

-Subsea cables to Dublin/Europe/US = global AI infrastructure play.

2️⃣ Student Housing Revolution

-Lindsay House (Dundee) transforming into 168-bed PBSA (£20M GDV).

-Pipeline: Newport Road, Cardiff next.

3️⃣ Tax & Cash Flow Wins

-15% UK REIT tax rate (vs. 25% corporate tax).

-Prepaid rents deployed to slash debt costs.

4️⃣ Lease Expiry Overhaul

-Actively diversifying 2028 "tower of maturity" risk via early negotiations.

⚠️ 3 Risks to Monitor

1.FX Exposure: GBP-denominated (but distributions can be taken in SGD).

2.Single-Tenant Concentration: Government-backed (AA-rated) but limits flexibility.

3.Execution Risk: Data center/student conversions require flawless delivery.

🧠 Leadership Lessons from Josh

"Clear communication isn’t about memos – it’s about making people feel the why."

-Leads with empathy and self-care (fitness/nutrition advocate for teams). Often times, people are so passionate that they forget about themselves. (PS: Kindly consider delegate to others who have the skills and experience to manage your wealth.)

-Balances conviction with agility: "Plan like a general, pivot like a scout."

-Teams thrive when they feel heard and respected, and when they’re allowed to be themselves (within reason and not disrespecting others).

🤝 Why This Matters for YOU

In a world drowning in data, I bring you value – not noise. At Eric Wealth Advisory:

✅ We decode complex strategies into actionable insights.

✅ We bridge the gap between investors and management.

✅ We turn exclusive access into your competitive edge.

👉 Let’s Connect!

1️⃣ Follow me for REIT or SGX deep dives (next: data centre REITs disruption, industrial, top leadership and management moves, etc).

2️⃣ DM me to discuss how UK commercial real estate can diversify your income portfolio.

👉Connect at ohlh@phillip.com.sg

Eric Wealth Advisory Website: https://bit.ly/EricWA

Note this is not financial advice or recommendation but for general sharing.

Disclaimers n PDPA: https://bit.ly/3fHrxUX

👍 Sreits shared previously: 😇

OUEreit: https://lnkd.in/g4tpNKAa

United Hamsphire US reit: https://lnkd.in/gF_f9kWb

Sasseur reit: https://lnkd.in/gaGgk93T

CICT: https://lnkd.in/gryUxSqh

Suntec reit visit: https://lnkd.in/g69dXApy

Wednesday, May 28, 2025

🏙️ [S-REIT Ambassador Diaries] : Exclusive Insights from OUE REIT– An Attractive Proxy to Singapore’s Stability and Economic Growth

It was a pleasure meeting Ms Mary Ng and Ms ChuXi Fong from OUE REIT over lunch at Chatterbox at Mandarin Gallery – another of their prime assets, located in the heart of Orchard Road.

OUE REIT is well known to many. Its assets include iconic landmarks like OUE Bayfront, just across from Marina Bay Sands, and One Raffles Place – which was even featured in the LEGO Architecture Skyline Collection. See my picures 😉

Key Takeaways from the Conversation:

**🗝️ 3 Reasons OUE REIT Stands Out**

1️⃣ **100% Singapore-Centric, 100% Stability**

- Forget global volatility. Their iconic assets – **One Raffles Place** (even LEGO immortalized it!), **OUE Bayfront** (Marina Bay Sands’ chic neighbour) – thrive on Singapore’s *AAA-rated stability* and SGD’s safe-haven status.

*My take*: In a world chasing shiny overseas yields, OUE’s hyper-local focus is a **sleep-well-at-night** play.

2️⃣ **Office Supply Crunch = Landlord Power**

- With *limited new CBD office supply* and hybrid work stabilizing, OUE’s prime towers are poised for **rental upside**.

- Fun fact: Their green-certified office buildings now command **premium tenants** – think ESG-driven MNCs and fintech disruptors. Not to forget energy efficient by having built in burners in Mice event pantry.

3️⃣ **Debt Drama? Not Here.**

- While others panic over rate cuts, OUE slashed borrowing costs to **4.2%** (March 2025) and sits at **37.1% gearing** assuming debt pare down post-Lippo Plaza divestment.

- *Translation*: More room to pivot when opportunities strike.

What to watch out for?

** Fears on potential rate-cut delay rises – but OUE REIT has substantially lowered its debt cost as of 31 March 2025 – and with further declines expected as SORA continues to trend down.

** Proceeds from Lippo Plaza’s sale are *still unallocated*. Will they repay debt (safe) or look for new opportunities?

**Tourism’s Slow Burn**: Their hospitality assets (like Crowne Plaza Changi Airport) are recovering, but patience is key as global travel normalizes.

### **🤝 Let’s Talk Strategy**

OUE isn’t for thrill-seekers – it’s for investors craving **stability with optionality**.

*P.S.👉 for proof I was there – yes, check out my pictures

Pls like and comment so I can continue to provide value to you.

Arrange for 1 to 1 review of your investment.

DM me to discuss tailoring a REIT or investment strategy aligned with your goals.

👉Connect at ohlh@phillip.com.sg

👍 Sreits shared previously:

Post on United Hamsphire US reit: https://lnkd.in/gF_f9kWb

Post on Sasseur reit: https://lnkd.in/gaGgk93T

Post on CICT: https://lnkd.in/gryUxSqh

Post on Suntec reit visit: https://lnkd.in/g69dXApy

🚀Ignite Your Portfolio :https://lnkd.in/gu_TBeGb

Monday, May 26, 2025

🚀 Ignite Your Portfolio with Conviction in a World of Noise | SGX REIT Ambassador Insights 🏢

As an SGX-appointed REIT Ambassador and veteran practitioner in wealth management, I’ve navigated the tides of market volatility, information overload, and fleeting trends.

😇 Here’s the truth: In a sea of data, conviction is your compass—and it’s what separates reactive investors from strategic wealth builders.

Glad to meet the different CEOS, fellow practitioners and industry leaders. Really appreciate their sharing and valuable insights.👍 Yao Loong Ng, Nupur Joshi, CFA,Chua Hsien Yang, Siew Lu Wong, CFA, CA (Singapore), Russell Ng, Joo Lee Lim,Izlynn CHAN,Denise Wong,Gerry Chan,Zay K,Josh Liaw,Pearl L.,Mary Ng,Lyn Ong,Han Khim Siew,Helen Qiu,Simon Garing, Elena Arabadjieva, Eugenia ong, Emelia Tan, Shimona Wong Hui Shi Neo,Charlene-Jayne Chang, Zachary Soh, Geoff Howie,Hazelle Soon,Kenny Loh, CFP® AEPP® IBFA MBA, Dan, JOHNSON KOH,Edmund Toh,👍

Why This Matters for You 🌟

In my 2 decades of guiding clients through Singapore’s dynamic REIT landscape, I’ve learned that clarity beats complexity. Let’s cut through the noise:

✅ The Power of Focus:

While others chase headlines, I focus on cash flow resilience, managerial alignment, and sector-specific catalysts.

✅ Conviction ≠ Stubbornness:

It’s about balancing patience with agility.

Case in point: Pivoting from retail REITs to data center REITs in 2020 as hybrid work reshaped demand.

✅ My Edge:

Access to my SGX-backed insights and proprietary frameworks (like my “3C REIT Scorecard”—Cashflow, Catalyst, Conviction).

🤝 Let’s Partner

Whether you’re a seasoned investor or new to REITs, I’ll help you:

🔹 Spot hidden risks (e.g., lease expiry cliffs, FX traps).

🔹 Identify high-conviction plays backed by on-the-ground due diligence.

🔹 Build a resilient income stream in a 5% rate amid an uncertain, volatile world.

👉 Take Action Today

Follow me for weekly REIT deep dives. Or if you are a leader, CEO and has something important to share, please connect with me too because leadership requires initiative and courage to step up and reach out. 👏

Arrange for 1 to 1 review of your investment portfolio.

DM me to discuss tailoring a REIT or investment strategy aligned with your goals. And stay tuned for more exciting updates.

Connect at ohlh@phillip.com.sg