got my arreit cheque thru the post!

the reits structure is such that .. in order to grow you'd need to borrow, or draw cash from issuance of shares. plus since arreit's divvy policy is 95% of profits, then that means they have very little cash on hand to finance property acquisitions.. axreit used to have a high gearing (not sure whether its high now or not) because they had a period where they were just snapping up properties here and there.

The Board of Directors of AmanahRaya-REIT Managers Sdn Bhd, the management company of ARREIT, wishes to announce that ARB, acting as the trustee for KWB, notified that it had on 2 September 2010 entered into a conditional share sale agreement with PKNS to dispose of the Units from KWB to PKNS for a total consideration of RM66,132,212.25 or RM0.95 per unit .

The sale and purchase of the Units shall take effect upon completion of the proposed acquisition by ARREIT, of 3 parcels of leasehold land located in the District of Petaling, Selangor Darul Ehsan together with the buildings erected thereon for a total purchase consideration of RM270,000,000 subject to the terms and conditions of the sale and purchase agreement entered into between CIMB Trustee Berhad, acting as the trustee for ARREIT and PKNS on 2 September 2010.

The Transaction Arranger for the proposed disposal of the Units by KWB to PKNS is Astramina Advisory Sdn Bhd.

This announcement is dated 2 September 2010
ARREIT current price is around RM0.88 rite? need to buy the share tomorrow morning!

yeah .. i'll monitor it tomorrow see whether can sell at 95 or not, pick it back up when it sinks

thats a good thing right ? you make it sound like a bad thing..

or am i wrong ?

89 a bit pricey for arreit.
maybe i'll wait for below 85

Because the new properties only come with slight over 7% yield, compared its overall yield of >8%.

latest report on Arreit:

i always thought that 270m(purchase price of building)  x 7.25% = 19.5m(rental)
then, 19.5m divide by total units of Arreit = yield per unit

From the pdf so kindly provided by brother sharesa,  it seems that gross div yield (%) increases with each year until 2012........from 2010 yield at 8.6 to 9.7 in 2012.....for year 2011 it's 9.4...that means are we all getting better dividend with each year?......correct me please [thanks to all].......btw, I am not too good reading these reports.
Cheers to all.  

That means by the look at Arreit future dividend , it seems that at the present price of 88.5 cents it is a worthy buy. That means start collecting now to hope for a better increase in share price just like Axreit. ....that means more money in the bank.
 

it should cool down gua, probably just hangat hangat tahi ayam / new toiletbowl.
assuming it can give out minimum 7.5 sen this year based on the old amount of share capital, post-dilution should be about 6.1 sen.
6.1 ... translates to about 6.7% gross.. but if add in the new income, maybe can achieve ~7% if price at 90.5 ..

its just my very rough calculation, i hope to sell high at 92-93, and pick up even lower at 83-85

AXREIT seems to be a tool for speculation now. Suddenly 1 lot traded for 2.15 during the first half, which boosted the price to 2.15. At this price, the yield at 7.44% seems to be pricey now. Is there going to be some good news coming out from AXREIT?

In my honest opinion, ARREIT will definately go up & not down......yesterday it went up 2 cents......last price is RM0.905.....today much more perhaps or maybe add another 2 cents or more??
Remember MAYBANK gave the TP at $1.19 JUST A FEW DAYS AGO.....so, waiting to get it back at RM$0.85 is almost a near imposibility.......so let us all be realistic & not have fat hopes.
Cheers to all.
See what brother whizzer  says.......
.......yours truely bought quite alot at what brother whizzer bought too.

AXREIT up another 2 cents to 2.17. I wonder if this interest could be caused by the latest distribution

Well, we won't know who are the ones doing the dirty work, but all is good. If it keeps going up beyond 2.20, I will start selling.