Am thinking of shopping for some ReiTs, any recommendation? Eyeing on starriet.. Any comment if the price is right to go in now?

Axreit DPU announcement out yesterday.

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AXREIT - Income Distribution (0.044)
Company: AXIS REITS
Stock Name: AXREIT
Amount: 0.044
Announcement Date: 23/07/2012
Ex Date: 02/08/2012

Dividend Detail:

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EX-date: 02/08/2012

Entitlement date: 06/08/2012

Entitlement time: 05:00:00 PM

Entitlement subject: Income Distribution

Entitlement description: Second Interim Income Distribution of 4.40 sen per Unit (of which 4.35 sen is taxable and 0.05 sen per unit is non-taxable in the hands of unitholders) in respect of the period from 1 April 2012 to 30 June 2012

Period of interest payment: to

Financial Year End: 31/12/2012

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Telephone no. 03-7841 8000

Payment date: 11/09/2012

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/08/2012

Entitlement indicator: Currency

Currency: Malaysian Ringgit (MYR)

Entitlement in Currency: 0.044

Remarks: On 23 July 2012, the Board of Directors of Axis REIT Managers Berhad ("Board"), the management company of Axis Real Estate Investment Trust ("Axis-REIT") ("Manager"), has announced the quarterly results for the financial period ended 30 June 2012 and proposed a second interim income distribution in respect of the period from 1 April 2012 to 30 June 2012 of 4.40 sen per unit (of which 4.35 sen per unit is taxable and 0.05 sen per unit is non-taxable in the hands of unitholders) ("Second Interim Income Distribution").

The Board has determined that the income distribution reinvestment plan ("IDRP"), which allows unitholders of Axis-REIT to reinvest their income distribution in new units, will apply to the Second Interim Income Distribution, in which the gross electable portion of 2.20 sen per unit out of the Second Interim Income Distribution of 4.40 sen per unit (which is taxable in the hands of unitholders) ("Electable Portion") can be elected to be reinvested in new units and the remaining portion of 2.20 sen per unit (of which 2.15 sen per unit is taxable and 0.05 sen per unit is non-taxable in the hands of unitholders) will be paid in cash.

The IDRP also provides the unitholders the option to reinvest the entire Electable Portion or part of the Electable Portion based on the proportion as determined by the Board. In this regard, the Board has also determined the proportion of the Electable Portion in which the unitholders can elect to reinvest in new units will be 1.10 sen per unit (which is taxable in the hands of unitholders) of the Electable Portion, and the remaining 1.10 sen per unit (which is taxable in the hands of unitholders) of the Electable Portion will be paid in cash. If the unitholders elect not to participate in the IDRP, then the Electable Portion will be paid wholly in cash.

The Board has announced on the same date that the issue price of the new units to be issued pursuant to the IDRP applicable to the Second Interim Income Distribution has been fixed today at RM2.68 per new unit.
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Is the IDPR (income distribution reinvestment plan) a compulsary?

Kassets got some bargain today

what you guys think?..invest in REITS and get Income ranging from 5 to 7% or buying an Apartment or Condo and collect rental income?...of cause Apartment or Condo you may have Bad tenant but you get to Leverage using bank loans to get a higher return let's say about 5 to 7% also....which part of it may have to be paid as Bank instalment...

This post has been edited by asambuffett: Jul 24 2012, 10:54 PM

balance it up .... 100k for reits 100k for properties investment (of course u cannot find 100k properties to buy coz this is only example ) just to add up it's different ball of game .....

one in penang one in johor one in kl, more safe.

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Added on July 25, 2012, 3:14 amI was queuing at 7.90 today, tak dapat.

This post has been edited by yok70: Jul 25 2012, 03:14 AM

some news, sorta

retails would be good next year?

thats more headache lah unless is super rich second generation ...... props investment shud be 5km radius from where we stay (imo) more easy to control...... IHH no interest?

It depended on individual view, and preference.

Reit
- Less hassle on dealing tenants, dealing with tenants sometimes if bad one, can be very troublesome
- liquidity, need money, can get the money as fast as 3 days
- can invest in low sum, added/reduce stake at everytime suit to one cashflow

Properties
- self manage, can do whatever on the property,
- get all the capital appreciation when selling
- investment value is not subjected to reit pricing aka market condition but directly to the property market pricing.

you're in IHH boat already? Making profits it you queue at 3.07 this morning.

yes one bid below

Congrats bro.

Alaqar was heavily beaten down today
Holders shifted fund to IHH kah?

Company: TOWER REITS
Stock Name: TWRREIT
Amount: 0.0548
Announcement Date: 25/07/2012
Ex Date: 08/08/2012

more than 5 sen grats to those that holding

Many months wait. Still can't go in.

me too waiting after dividend payout then maybe got chance enter

Yippeee !!! Finally made Dividend announcement. I purposely purchase TWRREIT to earn dividend....

Still eligible to go in for this entitlement right

haha good for u~