Home Capital SGX Research Series: 10 in 10

SPH zooms in on retail, aged care, student accommodation, and digital media

Candace Li
Candace Li5/15/2020 06:30 AM GMT+08  • 7 min read
SPH zooms in on retail, aged care, student accommodation, and digital media
To grow the SPH’s recurring income base and ensure sustainable returns for shareholders, the group focuses on sectors that are defensive and cash-yielding, underpinned by strong fundamentals, secular trends and positive demand-supply dynamics.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 15): Singapore Press Holdings’ (SPH) core business is the publishing of newspapers, magazines and books, in print and digital editions. In property, the group owns 65% of SPH REIT, whose portfolio comprises three retail assets in Singapore and stakes in two shopping malls in Australia. SPH also owns purpose-built student accommodation (PBSA) in the UK and Germany, and is a player in the aged care sector in Singapore — through its Orange Valley brand of nursing homes — and Japan.

Having embarked on your transformation journey, what are some notable developments and key focus areas for SPH in 2020?

As part of SPH’s transformation strategy, we have prudently and progressively re-allocated capital into defensive, cash-yielding assets to grow recurring income and achieve sustainable growth. These defensive assets include PBSA in the UK and Germany, retail malls in Australia via SPH REIT and aged care assets in Japan. We also make strategic investments into digital transformation of the media business.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.