thks.. know i now...hopefully they able to reduce their debt

anyone looking at sunreit?

1.47-1.48 = 5.5% yield. other malls... cmmt, pav, igb now 5% or so.

or is sunreit just being beaten down like all the rest in the q?

wonder who's dumping today since it's not epf...

i see, thanks for the clarification. which mean their dividend payment are not as stable compared to other 3 REITS that you mentioned?

well, i just looked at the info provided by the trading platform, up to yesterday.

epf still selling cmmt as of yesterday.

sunreit, no epf selling recently up to yesterday, but shows a no. of "amanahraya trustees" buying - dunno how to interprete that...??

wow~ you got all mall reits? personally i prefer IGB and Sunreit as i always go Sunway and Midvalley shopping mall 

i see... tq.

amanahraya... buy sunreit to get 5.5% only to pay 7% dividend? 
looking at sg reits taken a bad beating and now somewhat recovering, perhaps myreits will be similar?

Im in sunreit today..... But not the lowest point.....

wat if capital loss?!

seriously, is it common that one reit or stock just buy another reit or stock to keep going as a reit or stock?

or it's the beginning of ar buying over sun?

i'm wondering if it is normal for a reit to buy into another reit?

or is this a sign that amanah is starting to accumulate sunreit shares for a takeover eventually?

any tots?

Which bond yields do you check and where do you check it? Sorry, I keep meaning to learn about this bit of the financial world but never get around to it.

FTSE EPRA/NAREIT Global Real Estate Index Value % Change Time
Global  1,601.48 
-0.07
5:26 AM
          Global X US  1,563.10 
-0.01
5:26 AM
          Americas  1,627.58 
0.00
4:30 PM
          Asia Pacific  1,694.94 
-0.11
5:26 AM
          Europe  1,292.68 
0.21
5:26 AM
          Middle East & Africa  1,951.10 
0.33
5:26 AM
Developed  1,656.71 
-0.15
5:26 AM
          North America  2,043.41 
0.00
4:30 PM
          Developed Asia  1,382.90 
-0.30
5:26 AM
          Developed Europe  1,528.67 
0.23
5:26 AM
Emerging  1,919.04 
0.62
5:26 AM
          Emerging Americas  1,243.82 
0.00
4:15 PM
          Emerging Asia Pacific  2,427.05 
0.77
5:26 AM
          Emerging EMEA  1,774.80 
0.26
5:26 AM
          Emerging Europe  997.99 
-0.19
5:26 AM
          Emerging Middle East & Africa  1,947.32 
0.41
5:26 AM
FTSE RAFI Global ex US Real Estate Index  3,816.44 
-0.04
5:26 AM

sources: http://www.reit.com/DataAndResearch/IndexD...dexReturns.aspx

look like the REITS index is recovering globally

this one... from 4.00 to 3.7x, already dropped >5%, ok ma..
got sunreit today 1.45, then see it go to 1.44, 1.43... can't get it lowest all the time...

pavreit 1.40, q all day, nothing, wil try again 2morow...

It is not about market efficient or not.
It is about money has nowhere to go locally.

Imagine now a local investors sell reit that carry 4~5% yield, and take the cash, where the investors can put the money?
FD? Around 3% only, reit seems more attractive.

Equities?
Equities is not cheap mostly, some at PER 20x as well, yield even on famous and blue chip dividend stocks, yield may also lower that 4~5%, somemore higher risk the reit.

Axisreit DPU is improving over the time and based on its history track record of expansion.

It is the only reit seeing the DPU improving significant with more and more properties being injected, and without needing a single cent from the shareholders.
Shareholders enjoy the improving DPU, and growth in properties portfolio, without doing anything.
So shareholders/investors have good confidence on this reit, and it has the most properties (in number) under its portfolio, so more diversification instead rely on one of a few property.

Also previous buy and dispose activity has reap good realised profit for shareholders as well.

Most Axis reit properties are diversified across, KL valley, Penang, it is not an solely or mostly in iskandar

you hv just been explained why u shud buy back, now! 

CAPITAMALLS MALAYSIA TRUST

Income distribution of 4.35 sen per unit (of which 4.32 sen per unit is taxable and 0.03 sen per unit is tax exempt in the hands of unitholders) in respect of the period from 1 January 2013 to 30 June 2013.

EX-date 31/07/2013
Entitlement date 02/08/2013
Payment date  30/08/2013

10 Year MGS yield from 01-2001 to 06-2013

[attachmentid=3549186]

Look at the MGS 10 year yield, over the course of 13 years the lowest yield is about 3.2% and the median yield is about 4.5%. The highest yield is about 5.5%.

During the 2008 financial crisis the yield jumped to  4.8% and REITs were then selling at yield of 7%-9% (before tax), typically about 250-400 bps above MGS 10 year.

From 2009 until 2013 you can see the yield compression, which makes the REIT attractive, hence the prices of REIT is going up. Now for the last two months, you can see the MGS yield has already jumped 50 bps to 3.8%. This will likely going to continue until the market comes to an equilibrium of 4.0%-4.5%. This means another 20-80 bps to go.

Fair price for REIT yield will be 6%-8% IF the MGS continue to climb to 4.5%. So with REITs yielding 5%, the REIT price is expected to drop another 20% or so to match the 10 year MGS yield.

However not all REIT is expected to move the same, those with higher quality asset will be more stable.

End lesson : REIT 101 - 

What is Axreit DPU?

Today sell down to 3.56.