what's their portfolio like?

why not combine with IGB reit?

Both prospectus and IPO timetable can be found on Bursa's company announcement page.

Look for IGB Commercial REIT.

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=&sub_type=&company=5299&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=#/?category=all

A pureplay office REIT.

Some info that can be found inside the prospectus :

Thanks for the info.

Is it worth? Office reit. Occupancy rate is ok-ok. Only 1 building is consider new.

My humble opinion. Office space is extremely oversupplied even before covid. Now with many, especially large corps, realising they can wfh, and the new mega skyscrapers 118 and trx throwing, its no wonder igb is listing their offices...

I also have the same opinion. WFH and office space is oversupply. Similar office reit like AMfirst reit share price is long term downtrend. Not sure whether this new reit will have similar pattern. If performance is average then DPU to shareholder might be so so only. Then it may not worth to invest.

From what I understand...
It's restricted IPO...
Current shareholder only can buy....
So they actually smart... Because if they go as ordinary IPO route... There's risk of undersubcribe.....

We all know there's oversupply of office space...
From what I see their portfolio... Those in Mid Valley City performing okay....

Not a good reit. Office is too many now. Industry and Logistic is the best.

Maybe AXREIT? Logistic & warehouse

What about Sunreit?

Opinions at current prices?

Only their pyramid and bandar sunway properties is performing
Kinta is doing so so
The rest is quite dead.
You want to enter based on chart?

Harlo... I dunno ... so that's why I am asking.

Somehow curios why are you asking on M reits whereas S reits offer more stable and sustainable returns

Also dragged by the hotels i believe. long term who knows? but i'm holding not a small amount in sunreit. LOL

With those occupancy rate and the below "forecast" Yield FY 2021, not my cup of tea Somemore they are assuming on 100% payout rate.



SUNREIT?

Let's revisit at my initial writing since last year May 2020 :


My Sinkalan forecast DPU for FY20200 : 7.7sens
Actual DPU FY 2020 : 7.33 sens
To-date FY2021 DPU : 1.67 sens

SUNREIT's major property income is derived from Retail, and with all these never ending MCO CMCO RMCO FMCO, impact on retail sector is REAL and huge.



I doubt SUNREIT is able to pay 7 sens this year....Now lets see the chart :



1.4x level seems a pretty strong support...If i place a bet invest now, most likely i am able to get 4 sens FY2021, which translate to 2.8% yield this year...at the same time, i'm "hoping" the situation will get better and DPU will normalise soon..worth the bet?

Another write up last time :


Yes with worldwide massive fiscal injection to fight covid and central banks shift towards more accommodative policies, low interest rate environment will continue..at least for a year or two.. Yield chasing pension funds and institutional funds still remain invested in REIT.

However, as a tiny retail investor, i will still ask myself whats my expectation to SUNREIT? recovery play? Dividend play? Is there any other options out there?

If i want to buy into a REIT, i aim to collect Rental from it....if i know most of tenants unable to pay me rental, or i have to subsidize their rent for the time being, why should i buy into it? Why now?

Perhaps you can take a look on ATRIUM...now trading at all time high..and there is a valid reasoning to support the rocketed price

Simple... cos I am country bias .....

Cos .. it's just an initial look see of ideas..... and more so, I am thinking ... if things (like vaccination (and its impact) goes well and we start open (maybe 4 or 5 months?) , places like mall might see a great turnaround. Yeah, you know la... Msians ... many are mall kutus... .... and makan kaki ....

yeah... turnaround themes is what I am looking at..... there are already a few turnaround stocks out there....

and I was guessing earlier... around 1.40s .... perhaps ... it has a case for a 10% reward (but you know me... these type of meat not for me... )

yaa...... too free......


and ya.... thanks for entertaining my Q.

I see! Thanks for the info.

https://www.thestar.com.my/business/busines...tholders039-nod

Good to see diversification.

This post has been edited by TOS: Jun 14 2021, 09:31 PM

Alaqar - Normally EPF will normalized it at 1.3 but today on sales at 1.25. Any negative news / development lately?

On flipside, YTLReit seems like get snap up. Cheap sales below 90 cents ended.

This post has been edited by return78: Jun 16 2021, 10:30 AM

Mall n office reits r going to face a very tough time with this recovery plan..