IGB

trying to fish below rm1.20.

Atrium REIT
Third interim income distribution of 2.20 sen per unit in respect of the three months period from 1 July 2013 to 30 September 2013
ex date 7 november
entitlement 11 november
payment 29 november

CMMT’s 3Q 2013 distribution per unit up 6.1% year-on-year

http://www.bursamalaysia.com/market/listed...cements/1441873

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
IGB REAL ESTATE INVESTMENT TRUST

http://www.bursamalaysia.com/market/listed...cements/1441973

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
CAPITAMALLS MALAYSIA TRUST

http://www.bursamalaysia.com/market/listed...cements/1441861

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
ATRIUM REAL ESTATE INVESTMENT TRUST

http://www.bursamalaysia.com/market/listed...cements/1441865

Description Quill Capita Trust : Date of release of unaudited financial results for the third quarter ended 30 September 2013


Quill Capita Management Sdn Bhd, the manager of Quill Capita Trust (QCT), is pleased to announce that it will release the unaudited financial results of QCT for the third quarter ended 30 September 2013 , or or about 7 November 2013.

http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html


IGB Reit 3Q property income soars 740% to RM54M

sounds like tomorrow IGB reit gonna naik harga liao.

nice

well maybe not since the 740% is compared with last year result when IGB REIT just started ops
more meaningful to compare with q2 50.7m so its 6.5% improvement

good analysis over there.

Just my 2 cents thoughts...

IGB REIT has just began in year 2012 where the 740% is not really a good tool to compare on earnings due to insufficient year of operation.

Looking back the the price of IGB, the dividend in Aug was pretty much fruity with 3 sens ++

However, IGB REIT investment on a property in not very diversify. (I too invest in IGB and others)

But I think Sunway as of today is RM 1.34 which is a good buy and there will be an upcoming announcement on dividend declaring soon.

Next Friday SUNREIT will release their financial report.

I personally think that SUNREIT have good potential as they ownes the hospital, shopping mall, resorts and etc.... recently they have gone into JV with Japanese company.

SUNREIT will be increasing their rental on most of their shops and retail outlets in end of 2013.

Psst: Jeffery Cheah daughter helping out her dad recently, and she has been striving hard on publicity...

Analyzing both annual report, i more favor to Sunreit then IGB

http://www.bursamalaysia.com/market/listed...cements/1372285
http://www.bursamalaysia.com/market/listed...cements/1441973

This post has been edited by lowhankim: Oct 24 2013, 09:10 PM

thanks for the info bro.

and yes if compare sunreit & igbreit, i will chose sunreit no doubt.

preparing bullets.

so far so good.

HONG KONG—After years of surging growth, rents for storefronts on some of the world's most expensive, and crowded, streets are finally cooling.

Rent increases on major Hong Kong shopping streets have paused following a slowdown in growth in spending by people chasing the latest Gucci handbags and Rolex watches. Storefronts now stand empty on prime streets in top shopping districts, a rare sight in this densely populated city of 7 million. Some have been vacant for months.

"People used to fight for these spots, but now, there's just nobody fighting," said Nicole Wong, an analyst at CLSA, an Asia-focused brokerage.

Since 2009, retail rents on prime streets in Hong Kong have more than doubled, according to Savills SVS.LN +1.05% PLC, a real-estate services provider. Growth slowed noticeably in the first half of this year, and rents fell about 2% in the quarter ended this week, Savills estimates. On Queen's Road Central, Hong Kong Island's main thoroughfare and home to some of the city's priciest properties, rents slumped 5% in the year's first half, according to Savills.
Tour Hong Kong's luxury shopping districts

Real-estate industry officials give several reasons for the slowdown, ranging from a crackdown on corruption in mainland China, to saturation by luxury brands in Hong Kong, to retailers such as Ralph Lauren Corp. opening stores in less prestigious locations. The high prices have also driven out some small independent stores, many of which occupied the now vacant shops.

The biggest influence is mainland China. Hong Kong has long served as the main shopping destination for mainland tourists, 35 million of whom came to the city last year. Retailers have sought to take advantage of the demand—spending by such tourists accounts for about a quarter of the city's retail sales—competing furiously for the best spaces. Prime rents in the city have risen to an average of more than US$4,300 per square foot per year, nearly four times as much as in Paris or London, according to CBRE, a commercial real-estate services and investment firm.

Mainland Chinese authorities announced a crackdown on corruption last year, and vendors of luxury goods, sometimes used as gifts to smooth business relationships, have been feeling the chill. While it is difficult to prove a direct connection, sales have tended to fall, or grow more slowly, since the crackdown.

Hong Kong still imports more Swiss watches than the U.S. and China put together, but sales have slumped by 9% in the first eight months of this year to US$2.87 billion, according to the Federation of the Swiss Watch Industry. At Harbour City, a top-end mall, sales growth slowed from 34% in 2011 to 13% during the first seven months of the year.

Property agents say that numerous international brands have scaled back their expansion plans in Hong Kong this year.

"We've certainly seen a peak," says Michele Woo of brokerage Cushman & Wakefield. "It's not just a temporary reaction. People are still spending, but not as exaggeratedly as before."

Luxury brands may have also gotten their fill of Hong Kong. Cartier has nine stores in the city, more than double the number it has in New York City, while Burberry and Coach each have around a dozen stores. Luk Fook, a local jewelry brand, has 42 stores, while rival Chow Tai Fook has some 80 stores, giving it more outlets in the city than there are Kentucky Fried Chicken restaurants here.

Luk Fook said it expects demand from mainland visitors to continue boosting its business, though it added that high Hong Kong rents and global economic uncertainties could make 2014 more challenging. Chow Tai Fook said it focuses on mass-market products for consumers "who have real needs to buy jewelry items. " It said that its business was minimally affected by anti-corruption measures, if at all.

Tiffany, with nine outlets, bucked the trend this summer by unveiling a big store that opens onto the street in the city's perennially packed Times Square shopping mall. Tiffany didn't respond to a request for comment.

While some landlords in Hong Kong are still holding out for higher rents—and letting their stores sit empty as a result—a few are cutting their asking rents by 10%-15%, says Kathy Lee of Savills. She expects rents to either stay flat or drop as much as 5% in the coming months.

Gary Lee, a local property agent, said that in Central, the city's financial district, the landlord of one shop that has sat empty for more than six months has dropped his rent by about 5%. "He doesn't feel any pressure, he can afford to let it sit longer," he said.

A number of brands such as Zara and Calvin Klein have expanded into Hong Kong's suburbs, which stretch north to the mainland border with the wealthy cities of Shenzhen and Guangzhou. Growth in rents in major shopping malls more than doubled to 5% in the second quarter, from 2% in the first, thanks mostly to rent increases in suburban shopping centers.

Last year, 57% of the Chinese tourists who visited the city stayed just one day. Fu Xiao-mei, 25 years old, recently shopped for gold jewelry for her cousin, but skipped the city's major shopping districts. "It's farther away and I'm only coming for one day," she said. "It's too much of a hassle, why bother?"

The tempering in rents comes too late for some. In 2004, Hong Kong resident Timothy Fan started a local chain of hat stores, Emergency Room, that included locations in Causeway Bay and Harbour City, two shopping meccas for tourists. But after his rent for a 180-square-foot space galloped upward from a monthly 28,000 Hong Kong dollars (US$3,600) to HK$40,000 (US$5,200) in three years, Mr. Fan decided to shut the chain down last November.

"We had a lot of loyal customers at the time, but it was just too tough. The rent was crazy," he said. "We had to move shops every few years."

Write to Te-Ping Chen at te-ping.chen@wsj.com
http://online.wsj.com/news/articles/SB1000...111541926639228

Top picks:
Pavilion REIT (Buy/ TP: RM1.60): Pavilion KL should see strong
rental reversions driven by its prime location and long waiting
list (current rents of RM19psf are at a 27% discount to Suria
KLCC). 67% of NLA is due for renewal in 2013, which would
provide near-term upside to earnings growth. Among all the
REITs under our coverage, Pavilion REIT has the most visible
asset pipeline via sponsor’s USJ retail mall and Pavilion KL
extension (potential injection in 2015 and 2016 respectively).
The former should perform well due to its location in a densely
populated upper middle-income suburb, while the latter can
leverage on Pavilion KL’s strong track record. Maintain BUY
with RM1.60 DCF-based TP (we’ve only included Pavilion KL
extension injection in our forecast).

KLCC stapled security (Buy/ TP: RM8.55): We like KLCC
stapled security for its super prime commercial assets and
resilient earnings from long-term leases with blue-chip
tenants. Biggest catalyst will be injection of Suria KLCC into
KLCC REIT, imminent in our view given the huge tax savings
(under-geared balance sheet provides headroom to buy over
minority interest’s 30% stake). We also look forward to the
completion of refurbishments and eventual injection of
Menara Dayabumi into KLCC REIT. The development of Lot D1
is a longer-term story, as construction would not be
completed until 2017 (still in the midst of negotiations with
potential anchor tenant before construction commences).
Maintain BUY with RM8.55 SOP-based TP.

 Property_20131016.pdf ( 420.52k ) Number of downloads: 23

10-yr MSG yield drops further to 3.60 today.

slight relief ya. I remember it hit a high of 3.82% in 11th Oct.

oh, it hit above 4% in August this year.