The rep from CapitalM said Amazon might be coming here 2nd quarter. That s d price for CMT is still not stable and bit difficult to go sky high.

She also said eCommerce has also become a competitor to retail mall biz too. Haizzzzz

The rep from CapitalM said Amazon might be coming here 2nd quarter. That s d price for CMT is still not stable and bit difficult to go sky high.

She also said eCommerce has also become a competitor to retail mall biz too. Haizzzzz

Yesterday during the symposium, the rep promoted abt Viva I Trust. According to them this reits has alot of potential and DY Q1 2017 was 9.5%

The rep from CapitalM said Amazon might be coming here 2nd quarter. That s d price for CMT is still not stable and bit difficult to go sky high.

She also said eCommerce has also become a competitor to retail mall biz too. Haizzzzz

prince_mk FLT send me a letter asking want to receive money in SGD or AUD. That's why I said go compare other AU industrial reit if you want to earn AUD.

i no choice take SGD..

Online shopping is super super convenient in singapore. I can see why the yield for retail malls are falling behind. Even prime location malls like One Raffles Place is losing big tenants like Uniqlo.

prince_mk FLT send me a letter asking want to receive money in SGD or AUD. That's why I said go compare other AU industrial reit if you want to earn AUD.

That's why the future of malls will be food, services (saloon, cinema, etc) and fresh produce (vege, fruits, seafood and meat). Retail will deteriorate further.

Malls wil be affected

AEP Investment Management and HNA Group are planning to list what is likely to be the biggest initial public offering this year – a commercial real estate investment trust with assets from Australia, the UK and Singapore valued at $1.5 billion.

IPO portfolio will comprise five properties, with 46% of the portfolio in Australia, 27% in the UK, and 26% in Singapore.

Two of properties – StarHub Green in Ubi, with an occupancy of 94.7%, and 41 George Street in Brisbane, which is 99.8% occupied – are from Basil Property Trust, which is managed by AEP.

A third property, Trident Place Business Park, Hatfield, which is 100% occupied, is from AEP’s UK Separate Account Fund.

The two remaining properties are office buildings in Sydney and Adelaide.

Out of the total assets, 58% of the portfolio is on freehold land. Weighted average lease to expiry is 5.4 years, and 93% of leases by gross rental income have built-in escalations.

Since the gearing at IPO is likely to be 28.6%, the REIT has the potential to acquire properties.
http://www.theedgemarkets.com.sg/commercial-reit-ipo-works

I m not familar with Aus industrail reits. Will buy FLIT as my first Aus reits

Got to ask Hansel for more info on other Aus industrial reits.

caiptacomm at all time high now, i think, 1.68.

itchy to sell partial... but yield is still 5.8%, ok.

suntec almost at all time high, 1.825, yield 5.5%.

question always is.... sell to buy what?!!

caiptacomm at all time high now, i think, 1.68.

itchy to sell partial... but yield is still 5.8%, ok.

suntec almost at all time high, 1.825, yield 5.5%.

question always is.... sell to buy what?!!