What's the IPO price ?

Beside rental income, there is car park income and hall/ballroom rental

I'm still waiting for Midvalley REIT lah!

midvalley got REIT soon?

HLE research paper...

Pavilion REIT plans on RM800m M'sian IPO
as soon as next month through a property trust. At RM800m, The Pavilion IPO would be Malaysia's fourth-biggest share sale this year, after offerings by Bumi Amada BHD, UOA development bhd and MSM malaysia BHD.


So what's in your mind?

interesting high interest yield counter?

already talked about it years after years, still tak jadi.....yet. maybe those directors just purposely mentioned it to attract buyers to buy their company shares.

This post has been edited by yok70: Oct 12 2011, 12:38 AM

mind to tell me which one is midvalley counter? lol..

never know that midvalley counter is exist..

malton.

rumoured to be 7%... in my buy list...
if 7% i will buy.. Datuk Desmond Lim, owner of Malton/Pavilion/Equine also bot the piece of land close to Pavilion, rumoured to be the extension.
Pavilion Sdn.Bhd also manages Fahrenheit88.. I'm not sure if Fahrenheit88 will be part of this IPO.

Meanwhile I'm waiting for OneU_Reit, MidValleyGardensReit, TheCurve_Reit if they ever come..
Didnt strike Sunreit last time and missed it for good

me too, but nvmd.. let them come 1 by 1 coz i need time to stock up bullets...

haha, i miss the good-ol days where i collect many divvy cheques and bank in together..
are the other Reits still using cheques as well ? i only have arreit

This post has been edited by mopster: Oct 12 2011, 01:17 AM

IGB

Midvalley is under Kris Asset, while IGB own the major stake in Kris Asset.

Previously there is rumour, they interested to turn Midvalley into reit, but somehow this already quiet down.

I don't trust Pavilion, the shops there majority bleeding money.

kinda agree, the tenant theres is keep changing.. close and close and close...

the buying power there is not that strong...

but guess that it won't affect REIT? since they are just only rent out the shoplet... and contract...

I read that Fahrenheit88 will be included into Pavillion Reit later part.

It claimed Fahrenheit88 has 96% occupancy, I doubted, it was kinda empty when I visited there 6 months ago. Not much people also. Like a sleepy mall. Air-con berry cold.


So are you interested in Pavillion Reits? or still support back Penang reits aka CMMT

I support(ed) Tesco Penang,
and supporting further, at 1.00 or below.

Near 8% yield.

It will, over the long run.

If retailers cannot make money from the mall rent, once contract ended, mostly they will move out.
You need your retailers earn money from your place, whereby as mall owner/management you can secure the lease long term, as well as have upper hand when negotiating new lease time.

Ah ha! Must be a TESCO loyal customer. Hehe.

QCAP. Buying at 99c sounds like an achievement

A handful of Reits are giving 8% DY too. Stareit, Qcap, Hektar, Atrium, Arriet.

This post has been edited by panasonic88: Oct 12 2011, 11:25 AM

Yalor, some REITs at bargain price

which one?

but par value just below 1rm ? pls correct me !

You mean NTAB or par value? If NTAB it is RM1.27 which means it is already discounted at more than 20%. Where to find a property which is selling at 20% discount these days?