Today (30-Nov-2012) received ATRIUM e-dividend into MBB

Starhill REIT - On behalf of the Board, AmInvestment Bank is pleased to announce that the Proposed Acquisition has been completed on 29 November 2012.

http://www.bursamalaysia.com/market/listed...cements/1131965

does it mean no EGM / meeting to vote for the proposed Marriott Hotel Acquisition like the last one

Approved long time ago loh, I think.
Not much response yet....which I believe will happen soon. Just my wet dream.

Just curious how they completed the Marriott Hotel Acquisition without asking shareholders approval at EGM / meeting. The way of announcement look like they have completed the Hotel Acquisition fully & the asset are in starhill reit.

Okay, maybe we need to wait for the meeting circular for the proposed Marriott Hotel Acquisition. Hope all this could be completed by end dec.

Shot some Alaqar recently. Seeing big investors change hands in recent weeks. Big lots transacted at 1.43-1.46 range. And then at 1.31-1.34 range.
I bought in my first batch at 1.30-1.33.

This post has been edited by yok70: Dec 1 2012, 04:47 AM

what the NAV and yield for Alaqar at price 1.33?

I didn't keep track on NAV, although I understand many people do for REIT since that's suppose to be the assets value. But I only look at the yield, since from yield we can see what current NAV unable to tell us: the future valuation, which is stock trading all about. From what I read, Alaqar should be giving gross distribution of 8 sen for FY13. So that would be around 6% at 1.33.

This post has been edited by yok70: Dec 2 2012, 06:23 AM

SUNREIT keep growing

Choo-choo SUNREIT please move on up.

Five months after formalising its acquisition of three Marriott hotels in Australia, and with the Dec 8 official re-opening of Majestic Hotel well under way, the YTL group is now focusing on its new hotel assets in Bath, the United Kingdom. YTL Corp Bhd ED Datuk Mark Yeoh Seok Kah said although its investment in the Bath real estate was small, there was much competencies to be had from it.
Yeoh, who is also the executive director of YTL Hotels & Properties Sdn Bhd, said the hotel arm took over the Bath project about eight months ago, reportedly for £18,000 (RM87,588). YTL Hotels acquired the entire stake in Bath Hotel and Spa, which makes it a wholly-owned subsidiary of YTL Hotels and an indirect subsidiary of the group. Yeoh said the Royal Bank of Scotland (RBS) is providing two-thirds, or £20m, of the £30m investment to support the group's acquisition, and redevelopment, of the 99-room hotel project located in the heart of the historic spa city square. (Starbiz)


Good good, more potential injection for Stareit.

Just saw the Majestic Hotel bus at KL Sentral this afternoon

If not mistaken, the project is called Gainsborough Hotel & Spa. The hotel will have direct access to the city famous natural hot spring which is done by Wessex Water.

I'm not so sure about the possibility of injecting this hotel into Stareit.
Maybe YTL want to keep the hotel. Only Tan Sri Francis Yeoh knows


http://www.bighospitality.co.uk/Venues/YTL...tel-Spa-in-Bath

http://www.thisisdevon.co.uk/star-luxury-h...tail/story.html

http://www.epr.co.uk/projects/architects-p...hotel-spa-bath/

This post has been edited by davinz18: Dec 3 2012, 04:43 PM

Will Starhill be affected by the construction of MRT?

I think local hotels under Stareit pay fixed rental fees. Only the newly acquired Australia's Marriots pay depending on revenue.
However, after few years when revising the rental (for local hotels), that I'm not sure how it would be.

So long term buy Star-reit better or YTL corp better???

Cannot compare REIT with other ordinary stock.

YTL corp involve in ordinary business where STAREIT doesnt.

For REIT the income highly predictable.Income is fixed by rental collection and it is like u buy a property and rent it out.

Arreit price affected by GE news recently? Plan to buy more if go down further.

which is good to buy , there is so many reit , i have extra rm60k , please let me know what is the good to buy , and which is giving more dividend , please share to me brother thanks.

i thought it's bcos ex-date

http://mreit.reitdata.com/

invest on your own risk