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 Investment (Local and International), Everything About Investment

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[PIMPIN]
post Nov 30 2006, 01:12 AM

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You can choose to settle via internet banking or set-off from your account or even go and pay in person via cheque / cash whatever. I'm sure you'll find one that suits you best. Settlement is at T+3 when buying.
[PIMPIN]
post Dec 16 2006, 08:28 PM

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which REIT is offering 8-9%? we invested in Hektar at institutional price of RM1.11 which, if all distributable income is paid out, would barely touch 8%.

now that its trading at 1.03-1.04 we're pretty much stuck with it. REITs have a looong way to go but its good that foreign players like CapitaLand are coming in. without asset enhancement, REAL asset enhancement, there isnt much upside
[PIMPIN]
post Dec 17 2006, 12:38 AM

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Different people would have different views on this. Some might prefer pure commercial properties, some like retail, etc. We liked Hektar cause the management is sound and experienced and the changes they have made turned out well. They have implemented step-up rent as well as tying rental to sales.

Also, Subang Parade has 2 acres of land and Mahkota Parade 3 acres which allows for future expansion. The properties aren't dependant on any group of tenants as most contributed abt 2% each to revenue (except Parkson).

As for other REITs locally, we had invested in Axis when it first came up but gave the rest a miss. Went overseas instead.

 

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