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 Singapore REITS, S-REITS

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prince_mk
post May 6 2018, 11:29 AM

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QUOTE(prince_mk @ May 5 2018, 04:58 PM)
My holding as at May 2018 :

1) Aimsamp
2) CapComm
3) KeppelR
4) KeppelC
5) MAGIC
6) Fraser LI
7) Suntec
8) Manulife US
9) Keppel US

Coming : MLT and MINT
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some suggested to me to sell off KeppelR and CapComm but I bought them at low price and d profit is alot too.

what should I do ? keep or sell & divest into other reits ?
prince_mk
post May 6 2018, 11:54 AM

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QUOTE(Ramjade @ May 6 2018, 11:45 AM)
If you sell off,  most likely you can't get back at buying price. For me,  I keep. Unless you know why you want to sell.

Ask yourself why did you buy in the first place.  If is not fulfilling the reason you buy,  best to sell it off.
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Both reits were my first 2 reits I bought. Bought due to its performance and its credibility. coz that time i was newbie.

ok sure Ramjade. I will consider your view.
prince_mk
post May 7 2018, 10:51 AM

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QUOTE(AVFAN @ May 7 2018, 10:43 AM)
who advised u that... what reasons?

the ones bought with low price and thus now giving great yield on yr actual cost are the ones to keep!

once u sell to take profit and reinvest in something else, hard to get same good actual yield.

unless i need cash, i would keep.
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Maybe I misinterpreted as I m newbie.

Thanks for your advise.

prince_mk
post May 7 2018, 08:24 PM

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QUOTE(AVFAN @ May 7 2018, 10:56 AM)
give the opposite scenario a thought...

if a reit's price keep going down... say like lippo...

current yield >10% but yr actual yield is crap.

will u want to keep it?!

this kind, i will dump fast n buy something else.
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depends also. If I have more, I will consider to wait and see approach rather than cut loss immediately.

thank bro Avfan.
prince_mk
post May 10 2018, 09:29 AM

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these 2 days can focus 100% buy Sg reits coz so free.


prince_mk
post May 17 2018, 09:49 AM

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QUOTE(elea88 @ May 17 2018, 08:40 AM)
shopping again!!!

https://www.theedgesingapore.com/capitaland...operty-gallileo

SINGAPORE (May 17): CapitaLand Commercial Trust is making its first foray into Europe with the acquisition of a stake in Gallileo, an office property located in Frankfurt, Germany.

The freehold Grade A property, valued €356 million ($569.6 million), is located in the prime Central Business District (CBD), also known as the Banking District.

The property is near to the German Central Bank, European Central Bank office towers, and the Frankfurt Opera House. The property also has easy access to a U-Bahn station at Willy-Brandt Platz, the Frankfurt Main Railway Station and Frankfurt Airport.
CCT will hold a 94.9% stake while CapitaLand will hold the remaining 5.1% stake in the property through a special purpose vehicle. The completion of the acquisition is expected to take place in June.

Says Kevin Chee, CEO of the manager of CCT, “Providing income stability with an established anchor tenant on a long-term lease, the acquisition offers an attractive net property income yield of 4.0%. This accretive acquisition is expected to increase CCT’s 1Q 2018 DPU by 1.4%, to 2.15 cents from 2.12 cents on a pro forma basis. Post-acquisition, CCT’s portfolio value will increase from $10.4 billion to $10.9 billion.”

The agreed property value of Gallileo at €356 million, negotiated on a willing-buyer and willing-seller basis, represents a discount of 1.4% to the open market value of €360.9 million appraised by valuer Cushman & Wakefield LLP.

The funding of CCT’s total acquisition cost of of €342.7 million or $548.3 million will be through a private placement of new units to raise $208.8 million of net proceeds and bank borrowings of €212.2 million.

With the proposed private placement, the manager intends to declare an advanced distribution of income for the period from Jan 1 to the day immediately prior to the date on which the new placement units are issued.

The estimated distribution per CCT unit under the advanced distribution will be approximately 3.49 cents with the actual amount of advanced distribution to be announced in due course.
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High dpu. Can buy alrdy Elea.
prince_mk
post May 17 2018, 09:51 AM

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Manulife US REIT has announced the launch of a preferential offering exercise that will see it listing 227,935,981 new units.

The exercise, which will be offered to existing investors on a basis of 22 new units for every 100 existing units, seeks to raise some USD197.2 million for the REIT.

Investors with existing units in Manulife US REIT held as at 5.00 pm on Thursday, 24 May 2018, are entitled to participate in the offering at an issue price of USD0.865 per new unit.
prince_mk
post May 17 2018, 09:52 AM

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QUOTE(prince_mk @ May 17 2018, 09:51 AM)
Manulife US REIT has announced the launch of a preferential offering exercise that will see it listing 227,935,981 new units.

The exercise, which will be offered to existing investors on a basis of 22 new units for every 100 existing units, seeks to raise some USD197.2 million for the REIT.

Investors with existing units in Manulife US REIT held as at 5.00 pm on Thursday, 24 May 2018, are entitled to participate in the offering at an issue price of USD0.865 per new unit.
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Can buy before 24 May or on 24 May itself ?

This post has been edited by prince_mk: May 17 2018, 10:35 AM
prince_mk
post May 17 2018, 10:23 AM

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Queued for FLI at 1.04

Hope can get some.
prince_mk
post May 17 2018, 10:34 AM

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QUOTE(AVFAN @ May 17 2018, 10:18 AM)
take the money and put in bursa. tongue.gif

good potential upside mid-term... once the dust settles, imo.
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I only have 1 counter in bursa. Quill reits
prince_mk
post May 17 2018, 11:59 AM

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QUOTE(elea88 @ May 17 2018, 10:45 AM)
eh why? just subscribe the rights la
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Got rights. Omg overlooked.

Ex date 16 May

1 for 10 at 0.967

Can subsricibe now ? Never get message on this counter.

This post has been edited by prince_mk: May 17 2018, 12:10 PM
prince_mk
post May 17 2018, 08:48 PM

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QUOTE(Hansel @ May 17 2018, 06:25 PM)
You cannot buy shares to qualify for the PO anymore, bro,... but you can subscribe for the PO (if you have existing units in-hand) when the PO opens on Wednesday, May 23rd. next wk....

When you subscribe next wk, apply for Excess, see how many allotted to you,...
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In hand, I have some with me which I bought last year. Ok I will take note on the PO date.

Thanks Bro Hansel.
prince_mk
post May 17 2018, 09:23 PM

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QUOTE(Hansel @ May 17 2018, 09:20 PM)
Tq for the replies, forummers,....

Yep, bro prince,... go for Excesses in this game now,... see can catch how many,....
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Can only subscribe on 25 May ? Can I call and subscribe earlier ?
prince_mk
post May 17 2018, 09:34 PM

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QUOTE(Hansel @ May 17 2018, 09:28 PM)
Emm,... let me see,... okay, which bank are you with ??
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Stanchart.

I got try to find d date in official website but cant see smile.gif

Many thanks
prince_mk
post May 18 2018, 09:10 AM

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QUOTE(Hansel @ May 17 2018, 09:56 PM)
Stanchart - ok,... you can call them to give the instruction tomorrow,... the earlier you call them and alert them, the better it is,... forward the link to them too,...here it is : http://infopub.sgx.com/FileOpen/FLT_EFR%20...t&FileID=504793
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Just called Stanchart. Record date is 18 May. Can call in nxt week. smile.gif

Thanks
prince_mk
post May 19 2018, 12:55 PM

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QUOTE(Ramjade @ May 18 2018, 10:42 PM)
Suntec and parkway looking attractive. Hopefully suntec reit can get at 6%+ yield
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Do u have Suntec ? can buy and keep some. I do have some too
prince_mk
post May 29 2018, 08:08 AM

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REITs are a particularly attractive investment vehicle due to their relatively predictable earning power. In this article, we will look at two REITs that have lived up to the investors’ expectation by delivering positive performances in their latest earnings.

The first REIT that has performed well is Dasin Retail Trust (SGX: CEDU).

As a quick introduction, Dasin Retail Trust, which listed in January 2017, is the only property trust listed in Singapore’s stock market that has a direct exposure and focus on retail malls in China’s Pearl River Delta region. The trust’s portfolio currently comprises four malls in Zhongshan City of China’s Guangdong province.

Li Wen, Chief Executive Officer of the REIT’s manager, commented on the latest performance:

“We are pleased to kickstart the financial year by attaining 100% occupancy within the portfolio, and also achieving and annualised DPU yield of 9.28%. This is a testament to the strong operating metrics of the quality malls in the portfolio as well as our proactive asset management and leasing capabilities. We will continue to enhance our portfolio to provide stable and growing distributions for our unitholders.”

The REIT’s gross revenue for the first quarter of 2018 came in at S$18.5 million, 85% higher than that of 2017. Net property income (NPI) of S$14.9 million was also 86% stronger than a year ago. Similarly, its distribution per unit (DPU) of 1.83 cents was 23% higher than that of last year. The stronger performance was due to better operational performance and contribution from the acquisition of Shiqi Metro Mall.

As of 31 March 2018, the trust’s gearing stood at 30.4% and the weighted average lease to expiry (by gross rental income) was at 4.01 years.

The next REIT on the list is BHG Retail REIT (SGX: BMGU).

As a quick introduction, BHG Retail REIT is a real estate investment trust that focuses on retail malls in China. It currently has a portfolio of five malls. Its sponsor is the China-listed Beijing Hualian Department Store Co. Ltd, which is part of the Beijing Hualian Group, one of China’s largest retail operators.

For the first quarter ended 31 March 2018, gross revenue grew 11.5% year-on-year to RMB 84.0 million, while NPI improved by 11.2% to RMB 56.1 million. DPU remained flat at 1.39 Singapore cents as compared to the same period last year. The stronger performance was driven by healthy leasing activities as well as higher occupancy rates.

Chan Iz-Lynn, Chief Executive Officer of BHG Retail REIT’s manager, commented:

“BHG Retail REIT’s portfolio of community-focused retail properties in high population density neighborhoods continued to deliver robust financial and operational performance in 1Q 2018. Portfolio occupancy rate increased from 98.6% to 99.0% for the 12 months ended 31 March 2018, mainly due to the completion of the Chengdu Konggang asset enhancement initiative in July 2017.

Leasing activities in the first quarter of 2018 continued to display strong rental reversion from existing and new tenants. Looking ahead, we will continue to proactively manage our tenancies and properties, actively seek yield-accretive acquisitions, and continue to deliver stable and regular distributions to our unitholders”

Based on BHG REIT’s annualised DPU of 5.56 Singapore cents, and its closing unit price of S$0.77 as of 17 May 2018, the REIT has a trailing distribution yield of 7.2%.
prince_mk
post May 29 2018, 05:48 PM

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EC World REIT is a Singapore REIT established with the investment strategy of investing principally, directly or indirectly, in a diversified portfolio of income-producing real estate which is used primarily for e-commerce, supply-chain management and logistics purposes, as well as real estate-related assets, with an initial geographical focus on the PRC.

As at 16 April 2018, the Portfolio comprised of seven properties in China. The 6 properties acquired at IPO are located in Hangzhou, and the seventh property, acquired on 16 April 2018, is located in Wuhan. The portfolio has an aggregate NLA of 747,173 sq m and a total appraised value of RMB 6,693 million equivalent to approximately S$1.4 billion.
prince_mk
post May 29 2018, 05:49 PM

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QUOTE(Ask_Yip @ May 29 2018, 11:11 AM)
I plan to add some more EC World REIT, any comment?
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DY is high above 8%

Why is the price is dropping over a year horizon ?

I dont have this reits.
prince_mk
post Jun 7 2018, 02:15 PM

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QUOTE(Hansel @ Jun 6 2018, 08:14 PM)
So,... no chance already for Malaysians to trade in SG shares from the comfort of their homes,...

https://www.todayonline.com/world/proposed-...viewed-mahathir
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Meaning?

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