very true.. everything has its ups and downs la.. its not everytime and on a very often scale u get such big shit

that will cripple the hospitality industry... when times are good its really booming.. eg airasia.. is one of the main feed lines for those industry in south east asia

here u go.


Attached File(s)
 Maybank_ARReit_july_2010.pdf ( 329.34k ) Number of downloads: 98

thx for sharing

Thx for opinion, btw airasia is kind of creative artistic biz pattern by tony.
airline topic shud not be here anywhere...
jus my view between hospitality & airline

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Added on August 29, 2010, 1:31 pmthx for sharing.
btw, the MB research paper mentioned Selayang mall & dana 13 office...r they attached?
sorry i m not klang valleyian so hv no idea those building.
by glance, how's the crowd over Selayang mall...it is good
& so dana 13 office, who is the main occupants
again thx in advance for kind information.

This post has been edited by jeffwpl: Aug 29 2010, 01:31 PM

yeah! me too!
my very first reit cheque!
qcap cheque on the way!

Correct me if I'm wrong........your opinion please.


1, Starhill REIT acquire the hotel from YTL
2, Starhill REIT then leaseback the hotel to YTL
3, YTL pay rental to Starhill REIT
4,Starhill REIT distribute rental received to unit holders.



BTW, any new developments on Stareit?


Cheers to all.

moneyking,

What is wrong with this? That is common business transaction for YTL to increase their cash on hand.

Something to chew on......




CHEERS.

This post has been edited by monkeyking: Sep 2 2010, 02:55 AM

ARReits suspension, they wanna buy something? It's say announcement for some acquisition.

PKNS is buying ARREIT

for real ?? OMG

AMANAHRAYA REAL ESTATE INVESTMENT TRUST ("ARREIT")
- Request for Suspension of Trading
The Board of Directors of AmanahRaya-REIT Managers Sdn Bhd, the management
company of ARREIT (Manager) had requested for a suspension in the trading of
ARREITs units with effect from 9.00 a.m. to 5.00 p.m. on 2 September 2010
pursuant to Paragraph 16.03 of the Bursa Malaysia Securities Berhads Main
Market Listing Requirements pending an announcement of a material corporate
exercise involving the acquisitions of properties.
The request for suspension in the trading of the units in ARREIT was made under
Paragraph 3.1(b)(ii) of Practice Note 2 of the Bursa Malaysia Securities

This post has been edited by kuekwee: Sep 2 2010, 11:04 AM

Quoted from another forum.

====

Very useful for a quick glance & understanding on the REITS available in KLSE.

Unlike unit trust, REIT is a close-ended fund. In other words, after its IPO, the only way to buy it is through share market. You can buy it very much like you buy shares through a remisier or via online tools.

Let me walk through briefly each REIT counter with you now.

Axis Reit (AXREIT) Rm2.00
- The properties it owns are majority highrise office tower blocks such as Menara Axis, Axis Plaza, Crystal Plaza, Wisma Kemajuan, Axis Shah Alam, Nestle House, Axis Vista. Recently it also acquired some factory warehouses like Nestle Warehouse, Niro Warehouse and Delfi Warehouse.
- The occupancy rate of its properties is high at >90%.
- Its has the best track record amongst all REIT.
- Gross Dividend yield = 8.0%

Al-Aqar KPJ Reit(ALAQAR) Rm1.09
- It is a an unique REIT in that the properties it own consists of hospital buildings only. In fact this is a REIT vehicle created by KPJ Healthcare to inject all its hospital buildings and thereafter lease them back to the former.Its properties are Tawakal Hospital, KPJ Ampang Puteri Specialist, KPJ Damansara Specialist, KPJ Kajang Specialist, KPJ Ipoh Specialist, KPJ Johor Specialist, Seremban Specialist Hospital etc.
- The occupancy rate of its properties is 100%.
- Gross Dividend yield = 7.1%

Al-Hadharah Boustead Reit (BSDREIT) Rm 1.32
- It is another unique REIT in that the proporties it own consists of oil palm estates only. It is a REIT vehicle created by Boustead group to inject all its all palm estates and thereafter lease them back to Boustead.
- It has another feature whereby Boustead allow a 50:50 profit sharing with it for selling price of CPO above Rm1500.
- Gross Dividend yield = 7.0%

Atrium REIT (Atrium) Rm0.955
- This is the worst of all due to properties it owns consists of factory warehouses only. Currently it own 4 warehouses by the name of Atrium Shah Alam 1 , Atrium Shah Alam 2, Atrium Puchong and Atrium Rawang.
- Currently the occupancy rate of its properties is 100%
- Gross Dividend yield = 7.3%

UOA REIT (UOAREIT) Rm1.43
- This is another well managed REIT. It is managed by Sigaporean company UOA Group. All its properties are highrise office blocks such as UOA Centre, UOA 2, UOA Daman and Wisma UOA.
- the occupancy rate of its properties is 84%.
- Gross Dividend yield = 8.0%

Starhill REIT (STAREIT) Rm0.87
- This is the REIT owned and managed by YTL Group. It is also well managed with properties in shopping complexes and hotels such as Lot 10, KL Plaza and JW Marriott Hotel and The Residence Service Apartment.
- the occupancy rate of its properties is 91%
- Gross Dividend yield = 7.9%

Quill REIT (QCAPITA) Rm1.03
- It is owned and managed by reputable Singaporean company CapitaLand. Another well managed company with low-rise office buildings in PJ, Cyberjaya, Shah Alam and KL under the name of Quill. It also Plaza Mont Kiara and Wisma Technip.
- The occupancy rate of its properties is 100%
- Gross Dividend yield = 7.5%

AmanahRaya REIT (ARREIT) Rm0.845
- It is owned and managed by AmanahRaya Group, the oldest and biggest trust company in Malaysia. Another well managed REIT with very diversified properties, ranging from highrise office blocks to college to factories such as Wisma Amanahraya, Segi College, Silver Bird Factory, Wisma UEP, Holiday Villa Langkawi and Holiday Villa Alor Setar.
- The occupancy rate of its properties is 100%.
- Gross dividend yield = 8.5%
-Currently its share price is very attractive.

Hektar REIT (HEKTAR) Rm1.25
- It is managed by the subsidiary of F&N Singapore. Another well managed company with properties in shopping complexes and hotel such as Subang Parade Subang Jaya, Mahkota Parade Melaka and Classic Hotel Muar.
- the occupancy rate of its properties is 95%
- Gross Dividend yield = 8.2%

they already signed the agreements this morning @ KL Hilton~~

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Added on September 2, 2010, 12:56 pmThey are injecting the 3 properties into ARREIT where they are taking cash and shares of ARREIT..

This post has been edited by aminius: Sep 2 2010, 12:56 PM

hi to all sifus,

i've never really read much on REIT. how do you identify a good REIT? based on the type of property they hold? the returns of the property? the values of the property?

what do you think is a good REIT in the market right now?

thanks in advance

for me, as per panasonic88, ARREIT is the highest dividend paying REITs, is about 8.5%. they are most diversified REITs in the market and the tenant concentration can be consider as low. but its depends on your investment appetite~~ just read the annual report, if you find it lucrative, then why not try to buy small shares first.

thanks for the reply, aminius... i read from the previous posts and it seems that many try to find REITs that are not too concentrated on one area (eg. hospital)... so i guess as you said diversified REITs are generally good. but what about tenant concentration? how does it affect the REIT?

yeah i've been reading up about REITs lately and seems like it's a good avenue of investment, been thinking of grabbing some as part of my portfolio

Tenant too concentrate also no good, as if the tenant doesn't want to rent time, the reit may suffer huge loss of revenue. As some anchor and major concentrated tenants that rent your bulk of properties, sometimes not easy to find overnight or in short period of time, or may not easy to fill up the gap left behind.

selayang mall occupanycy wise is good but a bit lower end mall, usually for nearby resident go for shopping. outskirt area and the Parkson is the anchor tenant. dana 13 hmmm frankly dunno where it's situated even thought i use to go d'sara quite often. but really like it cause GLC.

Agree on the Selayang Mall point. Is mainly target for residents nearby. Before this, they have Summit (Selayang), now Summit is like a dead mall, even Mcdonalds in Summit also closed & moved out

I noticed the Popeye Fried Chicken Franchinese is opened at Selayang Mall lately, which is a good sign