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In addition, despite the support of long-term lease agreement, the company intends to divest three assets, including Serdang South City Plaza (South City Plaza), Sime UEP buildings and warehouses Lun Mindanao, the main location and the rental market is not ideal due.

sorry it's for Arreit

Thank you a lot a lot Brother SKY 1809!!!!

i've read up a lot on the REIT after being inspired by u moments ago..

let me bow and take my hats off 2u

i mite diverse some of my fund into it at later stage..

what i can conclude is this:

1) in KLSe, there's 13 reit. is it correct?

2) Its preferably that one keep the REIT for 1-2 years to get the dividend so that it can cover the brokerage fee and really yield the dividend. Is this assumption correct?

3) The price do not fluctuate much. So most probably will be selling at the same price too. Is this correct?

Is there anything else tat i can add on to my newbie knowledge on REIT, all beloved sifus and gurus?..

DOUBLE RESPECT~~~!!!!!

Cherroy will welcome you with open arms

If Sungei Wang got REIT, I'll put in at least 500k.

me still newbie here...need a lot of guidance in this area..all this while was on equities and totally din take a look at this area..

how sad of me..

sifus and gurus, silalah tunjuk ajar..

Sg Wang came under Capital Malls which is listed as REIT

hektareit hohoho divvy annouce liau ....

HEKTAR 1.29 1.30 0.025 21/11/2011

Your pocket heavy a bit liau.. Macam ka ching sounds alot

1. I no count. You don't need rocket science to know that, right, just click the reit sector and see how many inside, be it from brokers online platform or KLSE website

2. If you want to keep reit 1-2 years, I advise this may not a place to be.
Dividend (the correct word is distribution) yield is ranged from 5.x% - 8.x% currently across.
It is far more enough to cover the brokerage.
Any capital appreciation is surplus, it is like fixed income instrument.

Reit shouldn't be up like ordinary stock, upside is capped by its yield.
While rental generally in at least 2-3 years lease, you won't see a sudden rise in rental/income of the reit generally, until rental market shoot up significant upon renewal, which generally unlikely to happen.

3. Wrong, It can fluctuate if there is problem in economy of properties market.
Axreit did fall to 1.00 when 2008 crisis on its height time, do did Qcap dropped to 0.8x.
Just in normal day, it generally won't fluctuate much, because its earning is highly predictable, just a little % difference.

Reit can go burst due to high leverage as well. There were a number of reit (overseas) went burst during 2008 when refinancing cannot be obtained.

The correct mindset of investing in reit is about owned a property and collect rental.

Ok, next week see you put 500k in it (CMMT).

EPF collecting CMMT lately.

alrite..thanx a lot sifu cherroy for the kind explanation!!! i like ur last statement "The correct mindset of investing in reit is about owned a property and collect rental.".. so the rental comes in the form of 'distribution', while the buying/selling price is the price of the "property" owned.

I thought CMMT only managing South City, Mines, etc..

Anyway where do we able to see who are the tenants of the REITs?

Isn't South City managed by ARReits?

The REIT's Annual Reports contains the Top 10 tenants.

This post has been edited by Dias: Nov 6 2011, 09:50 AM

Is ARREIT partly backed by the Government?

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Added on November 6, 2011, 10:51 amHow do we trade in SGX? Can share the procedure to open a CDS, broking account, etc???

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Added on November 6, 2011, 11:01 amGonna diversify my portfolio into REIT. My targeted 2-3 REITs:

1) PAVREIT - 0.88
2) QCAPITA - 1.05

Another one probably TWRREIT or STAREIT or SUNREIT, which one do you think is worth to invest now?

This post has been edited by echoesian: Nov 6 2011, 11:01 AM

Most reit has their own website which you can go through the details, including annual report.

CMMT - Sungai Wang, Gurney Plaza Penang.

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Added on November 6, 2011, 12:12 pmLocal brokers general do offer such a service, you can ask them, it is different account generally.

Among the 2, I preferred Qcap instead of Pav, (sorry I may be bias, I owned Qcap), as it has better yield near 8%, discount on NAV as well.
Also Qcap is more diversified, compared to Pav.
I particular like Qcap's Tesco, its location is a golden/prime location, and value of land at there only will go up in the long term, as well as Tesco long term lease of more than 20 years.

Among three (TW, Star, Sun), I only owned Stareit, as it can provide steady long term yield, as all its properties already in long term lease already, most at least 15 years.
Although it has limited upside due to boring yield (as it won't improve further much as rental is fixed for long term already), it has little gearing, which is somehow very comfortable and reduce the risk of refinancing.
Low gearing, means they have room to leverage to have better yield, but personally view, it is better with low gearing.

Just my personal view, don't take it as advice as I may be little bias.

This post has been edited by cherroy: Nov 6 2011, 12:14 PM

http://www.capitamallsmalaysia.com/portfolio_overview.html

CMMT has
Gurney Plaza, Penang
The Mines, Selangor
Sungai Wang Plaza, Kuala Lumpur

this i tink is a very good advice..esp to newbie tinking to put her foot in it..test water test water.. at least got some idea on wat to look at..gearing,lease period, locality, type of property involve..

Surprisingly you are a Senior member in LYN, but did not know there is a Diamond mine exists near you.

Greek is so far away, but I believe in most people mindsets, just 5km away from Malaysia.

Happy Investing.

This post has been edited by SKY 1809: Nov 6 2011, 03:34 PM