anyone know how will US debt ceiling will affect mreit if US government do shutdown because of this?

US treasurys kaboom lor

Starhill REIT plans to raise up to RM800mil

Starhill Real Estate Investment Trust (REIT) has proposed to undergo a placement exercise to raise up to RM800mil to repay some of its borrowings and reduce its gearing level. In November last year, Starhill REIT primarily financed the acquisitions of the Sydney Harbour Marriott Hotel, Melbourne Marriott Hotel and Brisbane Marriott Hotel along with the business assets of the respective hotels via borrowings. To accommodate the placement exercise, it has also proposed to increase its existing fund size to a maximum of 2.125 billion units from the current 1.324 billion units. (Source: The Star)

However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years....

Depends on what type of REIT. if you are in the retail REIT segment. on a longer trend, malls in KL & KV has reach a saturation point. upcoming mega malls PAV2 will be at the outskirts of KL.

[attachmentid=3694620] Oxford Business Group 2008 Pg133

Next year, local economist expecting 50 basis point of hike in BLR, with REIT generally mainly uses short term funding, funding cost increase will lower the earnings thus share price will need to dip to maintain better yield. not sure which scenario will play out but foresee 2 trends but not sure which one will come out stronger.

scenario 1
weaker consumer purchasing power due to GST, subsidy rationalization translate to sluggish retail sales, affecting mall's ability to negotiate during rental revision.

scenario 2,
removal of DIBS, increase in RPGT, GST increase the cost of building material cause investors to distance themselves away from property market. thus increasing disposable income means more $ for discretionary spending.

lower than last year. 

do you mean their dividen payout ratio is 1.83/1.58=116% ???

Is it good for investor? Extra cash giving back to shareholder..

10-yr MGS hits above 4% today!
wow....REIT in danger.....

huiyo!!! you are really a well trained 

i now left 5% cash only!!! betting on a year-end/new-year rally. 

I learn this the hard way & my biggest mistake.. been waiting for correction since 2009... now I know better, value is everywhere... depending on how hard you look..never anticipate what might or might not happen.

The IT floor with food court and restaurants is quite well design though. There are quite some good food there, just not many people realize it. They need more promotion for that. 

Small small playar...UMW can shop ar? 12.2++

Pink, still keeping your apollo and hupseng ?

Only 50 lots sold down Axreit..small amount only, the seller must have key in wrongly due to bursa buggy hahahahaha.

walaueh, laugh at somebody's misfortune wan...  (that could have been me)

CMMT is the worst performing reit in my portfolio. waterfalling down no brakes wan 

STAREIT still the best. highest DY and less volatility. 

no dilution? really? that's a great news for Stareit if it's true. 

Thanks for pointing that out, agree with you that high leverage = higher risk, especially many have been talking about interest rate hike non-stop (Cherroy may jump out again and denied interest rate hike in near to mid term  ).

Anyway, WB said  ‘Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.’ 

Good wat.. higher yield IF you buy now..

Below 3 enough?...

Anyway CMMT also sell down today... will collect more at 1.31...

Let me guess;
penny stock with low PE = growth stock.

add:

cash rich