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This post has been edited by prince_mk: Oct 16 2017, 10:21 PM

Keppel REIT Management Limited, in its capacity as manager of Keppel REIT (the “Manager”), has determined that the Distribution Reinvestment Plan (“DRP”) will apply to Keppel REIT’s distribution for the period from 1 July 2017 to 30 September 2017 the “Distribution”) of 1.40 cents per unit in Keppel REIT (“Unit”).

will you consider DRP ? this will cause odd lots right ?

Suntec REIT's NPI jumps 11.6% to $63.9m in Q3

Revenue from Suntec Singapore and its office portfolio continued to go up.

Suntec REIT delivered incredible results in Q3 as net property income (NPI) jumped by 11.6% YoY to $63.9m.

According to OCBC Investment Research, gross revenue also rose by 10.6% YoY to $91.1m.

This was driven by higher revenue from Suntec Singapore and the office portfolio due largely to contribution from 177 Pacific Highway in Australia.

This growth was partially hindered by weaker retail revenue from Suntec City Mall.

Distribution per unit (DPU) fell 2.1% YoY to 2.48 cents despite a lower capital distribution.

This post has been edited by prince_mk: Oct 29 2017, 11:49 AM

Keppel-KBS US REIT Management is looking to raise $448 million (S$611 million) in its initial public offer (IPO) of the REIT on the Singapore bourse. It expects to commence trading on 9 November.

The listing will see the REIT offer 509.1 million units of the REIT priced at US$0.88 each, with a forecast dividend yield of 6.8 per cent for FY2018 and 7.2 per cent for FY2019.

Anyone going into this reits ?

now I have some $$$SGD sitting in the account. what to buy ?

Keppel-KBS US REIT denominated in USD as now I cant buy Manulife USD Reits ?

tried to find its property portfolio but unavailable ? anyone know where

This post has been edited by prince_mk: Oct 31 2017, 09:12 PM

Stanchart said early Jan can buy coz now pending some documents frm issuer. I called them last month.

Can I follow you too ??

Bro Hansel,

We test water first. Buy 1000 units.

Buying reits won't go wrong one and your view is important to us too.

I don have Sg address. So cannot buy IPO right. Maybe queue at first day.

got them alrdy.

Boss,

I apply slow and steady approach for this time. Agree with Elea too. the dividend is long way ahead.

we can buy later let say 1-2 mths on the road. see how it goes.

usually u need to fill up a form.

what do u buy lately, Ramjade ?

u find yourself a job ?

BWP Trust disclosed on 2 August that it has achieved a 4.3% increase in full year distributions, which came in at 17.51 Australian cents per unit for the 12 months ended 30 June 2017.

This was after the REIT, whose primary tenant is Bunnings Warehouse with its chain of hardware stores across Australia, announced a final distribution of 8.88 cents per unit, in addition to the interim distribution of 8.63 cents per unit.

Total revenue for the year was 1.5% higher at AUD152.5 million (USD165 million), while distributable profit was recorded at AUD112.5 million, which is 4.2% higher than the previous financial year.

“The increase in revenue was mainly due to rental growth from the existing property portfolio, and from completed property developments during the previous year”, said BWP Trust in its statement on the results.

Accordingly, the REIT’s portfolio saw a 5.1% uplift in valuation for the financial year, while net tangible asset per unit increased by 7% to AUD2.74.

The REIT currently has a portfolio of 68 properties with average net lettable area of 13,995 square metres.

As at 30 June 2017, BWP Trust’s portfolio was 99.9% leased, with a weighted average lease expiry (WALE) of 5.0 years.

Garda Diversified Property Fund announced on 14 June that it is acquiring a four-hectare freehold industrial facility in the Australia Trade Coast precinct for AUD19 million (USD14 million).

The acquisition value represents an initial yield of 7.4% with a pre-committed 15-year lease to a subsidiary of Byrne Group, a recycling entity that is active across the state of Queensland.

The property, which is located at 70-82 Main Beach Road, Pinkenba, Queensland will operate as a resource recovery facility for soil, rock, gravel and construction materials that has not been treated with any noxious or household materials, said Garda Diversified Property Fund in its statement.

“The ever increasing regulatory controls continue to support the sustained and strong growth of the construction recycling industry”, said Garda’s Executive Chairman Matthew Madsen.

“Differing regulatory frameworks between the Australian states also provides continuing competitive advantage for Queensland based facilities”, he added.

The facility is an expansion of an existing larger operation by the Byrne Group in the same area, and is adjoining the Brisbane airport, and northern side of the Brisbane River.

Construction on the land, which include the building of a hardstand and various site offices, is expected to begin after June 2017, and this is expected to complete by January 2018.

The acquisition will initially be debt funded with loan-to-value ratio expected to increase to approximately 44%.

Following the acquisition, Garda Diversified Property Fund’s occupancy will be 93% with a weighted average lease expiry (WALE) of 5.04 years.

Units of the fund are currently listed on the Australian Securities Exchange at AUD1.09.

Goodman Group has reaffirmed its 7.5% growth forecast for 2017, predicting 43.1 cents earnings per security (EPS) for the full operating year.

The assurance was provided in an operational update on 7 June, in which the group indicates that it is continuing to benefit from the urbanisation of cities around the world.

For the nine months to March 2017, Goodman Group leased have leased 2.5 million square metres of commercial space, which equates to AUD296 million (USD223 million) of annual net property income, said the property developer and landlord.

Goodman Group, whose current assets under management stands at AUD30 billion, also saw positive rental reversions of 2.7% for the period, while occupancy of its properties was maintained at 96% with retention rates of 81%.

“We’re continuing to realise the benefits of our strategy which has consistently been to invest and develop in quality locations, close to the consumer”, said Goodman Group in its update.

“We believe demand for quality industrial properties will be strongest in these locations and scarcity of land will see higher values, supporting sustainable long-term growth”, the group added.

Current structural and cyclical conditions are providing positive tailwinds for the group, and it is now positioning to take advantage of the growth of electronic commerce, the change in consumer spending, and the flow-on effects these have on well-located, high-quality industrial properties, it said.

Goodman Group has reduced its gearing target to 0-25% from 25-35%, in line with a recent policy to actively reduce leverage.

Units of Goodman Group are currently listed on the Australian Securities Exchange (ASX) at AUD8.45.

purposely put here to lure them to your ASX thread. will repost these there later.

hidden gem bro. slowly la

guys...so fast grab this reits.

I have not started to queue. Ok, I will queue now. u guys buy at what price so far ?

This post has been edited by prince_mk: Nov 11 2017, 12:47 PM

Today Aims was 1.36

Thinking to top up. but what is the fair price to go in later ? $1.30 and below okay ??

AIMS AMP Capital Industrial REIT has launched of a private placement exercise to raise gross proceeds of at least SGD50 million.

The placement will see the REIT issue between 37,175,000 and 38,314,000 new units at an issue price of between SGD1.305 and SGD1.345 each.

The issue price represents a discount of between 4.1% and 6.9% to the volume weighted average price of SGD1.402 per unit, for trades done on the Singapore Exchange on 21 November 2017.

Maybank Kim Eng Securities is the sole bookrunner and underwriter of the exercise.

Proceeds from the exercise will primarily be used to partially repay the REIT’s existing borrowings to reduce aggregate leverage, and create additional debt headroom for future potential acquisitions, and asset enhancement initiatives (AEIs), among others.

“The equity fund raising exercise is reflective of [the]REIT’s ongoing efforts to deliver on its strategy and maintain a strong and prudent capital structure”, said Koh Wee Lih, CEO of the REIT’s manager. said,

This post has been edited by prince_mk: Nov 23 2017, 08:04 PM