Next Reits to be listed in KLSE is Pavillion Reits. Somewhere next month.

Pavilion is opened in 2007, claimed to be profitable, with 98% tenancy occupied, hmm. So does it mean the Reits source income is from the shops tenant rentals?

No info on the DPU yield nor IPO price yet. Is it worth buying?

I don't think it makes much difference either way. But keeping your eye on just one or 2 reit is much easier as you'd normally be buying reits for the long term for it's income (dividends).

All Malaysian reits, even Stareit (which I like the least) pays pretty good dividends and offers good value for money. The only one one which is selling at a relatively high premium compared to the other local reits is Axreit (but that's also a damn good reit). But if I only have one to shoot for (not just simply tembak) then I'd put my money on Sunreit. It's currently selling at a slight premium versus it's ntav. But they have not revalued the properties yet, especially after taking physical possession of Putra Place which they bought at an extremely low price of about RM500m at an auction. Once they do up the place, both the income and the ntav will go up.

It's probable the best and most stable (also the biggest reit in Malaysia). They are a property developer outright and thus have all the advantages compared to the other reits which will have to rely on others. Another plus point about Sunreit is that a major shareholder is the Singapore GIC which will have a keen eye on the reit, thus indirectly also ensuring that it's books are properly audited - ensuring that we get our just dividends.

One thing many didn't notice that Stareit is on very little gearing only.

http://biz.thestar.com.my/news/story.asp?f...97&sec=business

pavilion reit coming

New IPO: Pavilion REIT.
Share Issue Number  : 524
Share Name  : Pavilion REIT
Opening Date  : 14 November 2011
Opening Time  : 10:00 a.m
Closing Date  : 21 November 2011
Closing Time  : 5:00 p.m
Unit Price  : RM0.88

STAREIT: 
Interim income distribution of 4.0112 sen per unit (of which 0.9233 sen is taxable and 3.0879 sen is non-taxable in the hands of unitholders)

STAREIT: 
Interim income distribution of 4.0112 sen per unit (of which 0.9233 sen is taxable and 3.0879 sen is non-taxable in the hands of unitholders)

Yup,
That's why today surge first then drop back to old 88~89 level.

STAREIT : Interim income distribution of 4.0112 sen per unit (of which 0.9233 sen is taxable and 3.0879 sen is non-taxable in the hands of unitholders)