I have 20k units of CMMT. I have STAREIT too but I guess it doesn't count as a retail sector REIT any more. I have a question of my own. Usually the advice is not to overload on REITs of one sector, i.e. you shouldn't buy more than one REIT from a single sector because technically they are competitors to each other. What do others think?

I have Hektar, but its portfolio isn't the most exciting (Subang Parade, Mahkota Parade etc). Wondering if it is OK to hold


They are competitors to each other if they are in the same areas.

This post has been edited by river.sand: Jul 4 2012, 11:56 AM

Oh I thought you have sold your CMMT which give you more than 20% profits

Neither I will choose all same sector.

I'd just choose one mall that I like the most / more friends usually go.

Just to share some thoughts
I'm holding some SUNREIT
Purchased coz of:
a. Asset sub-allocation for Properties/REITs
b. Numbers aren't too shabby although not the normal 5 years i want to see heheh (ROE, ROTA, D/E, etc.)
c. As a retail/hospitality exposure, i think SUNREIT has a defend-able moat with some of its assets (Pyramid-Lagoon area) has a good holistic attraction (in my dumb point of view only lar - only time will tell heheh) VS other hospitality & retail REITs.

end of 2 cents worth

Whether they are competitor or not, it doesn't deter one to own both or many.

There is no reason, why shouldn't buy more than 1 reit from a single sector.
From investor pov, having more -> diversify.
Some sort of diversification is always preferred to manage the risk.

Also, even they are from same sector, they may not competing with each other.
For eg.
CMMT's mall is not directly competing with Sunreit, their property is situated at different location.

Cherroy, for the coming quarter, how much DPU do you anticipating from Axreit?

My first time receiving divvy from Axreit after we parted at 1.40 in 2008/09.

Around 4.x cents.

MY GUIDE in buying reit.. is diversification. So, i just buy all the REITS but not in large quantity per reit. So far happy with the dividends i am receiving.

hi, quick question, when will the right issue starts trading?

AMFIRST Rights Issue trades on 11 July 2012 until 18 July 2012 (if I understand the announcement correctly)

I've been adjusting my profile to increase Reit's holdings for half a year or so. Currently reaching 26%. My target is 35%.

But now not the right time to buy more cmmt, sunreit or pavreit.

What's the reason for your statement ?

shouldnt go all in on a certain sector. you will have a lot of concentration risk. furthermore, i dont think the mall reits are as resilient to an economic downturn as everyone thinks. malaysians go to malls just to window shop. they might be getting a lot of foot traffic, but the shops may not be getting any sales and may not be able to sustain the rent. im not saying this will happen, im just saying its a possibility which is more likely in mall reits.

i prefer office reits and industrial reits because those companies are there for the long term. in the case of amfirst reit, ambank is not gonna decide one day to move out of its offices. same goes with axis reit which owns logistic hubs and warehouses.

please diversify.

on a side note, the capital appreciation of axis reit is off the charts. around 50sen in a year. i dont see any other reit doing that (maybe apart from the newly issued IPOs)

This post has been edited by praveenmarkandu: Jul 5 2012, 11:48 AM

Hi Wong,

I think these 3 REITs are equally good for long-term.

Read mode: http://klse.i3investor.com/blogs/journeytowealth88/13342.jsp

All of the 3 reits listed almost hit TP liau

Easy. Then it's time(season) to adjust to higher TP.

hi guys, any news from Amfirst that caused its share price plunging down to 1.02 from 1.12 yesterday? was it a div announcement? but I tot the last div. announcement was make just back in May.... anyone?

**ok just found out the right-issues thingy ... waiting for the form now and queuing to get some more at 1.02/1.03..

This post has been edited by numbertwo: Jul 6 2012, 09:31 AM

How high? The sky is the limit eh

So fast down already? Right issue next week only wor.