This reit has very low liquidity, so price easily swing in both way when there is one party intends to sell or buy vice versa.
The new purchasing asset increase the borrowing marginally, but at the same times likely to increase its income as well in the future. So it should be more and less neutral effect.

At current yield at more than 5.5% with relative stable DPU going forwards, it seems an attractive choice.
KLCCP is one of most defensive reit, as majority of the lease is long term and triple net lease.
So going forward DPU is highly stable and predictable.
At yield that is more than 100~150 basic point compared to MGS as well as FD rate, it is not too difficult to comprehend there are institutional funds interested in it.
1~1.5% extra income for funds that are running in hundred million or billions figure, it could be means a lot for the funds.

Reit becomes more attractive.

Reit is always moving inverse with interest rate.

Reit becomes more attractive.

Reit is always moving inverse with interest rate.

Bought alaqar immediately at 1.33 when the BNM news came out. Its slightly undervalued at the moment so am grateful that the price didn't move up already. The DPU will only jump in 3Q 2021 when all their debts are due for refinancing next year at much lower interest rates.

I'm very thankful that Malaysian investors are not smart and savvy enough to spot these opportunities and drive prices accordingly. It creates long windows of buying opportunity. Sunway REIT's interest cost will drop immediately due to them relying heavily on short term floating rate debt, so their DPU will see a jump in the coming quarters, while other REITs will only see a similar move when their debts mature gradually. Yet the market price has not reacted.

Likely because of the coronavirus scare. Some portions of REITs I think are commercial in nature like malls, so they might be affected but this should only be temporary.

But what? Haha I am waiting for 7% yield.

Since the virus hit the news, IGB, PAV, SUNWAY, Reit, still quite maintain their price. How to buy somemore wor?

Incoming rally for MREITs..!

oh no...... missed the boat. Sunway REIT will surely jump tomorrow.

Any love for YTLREIT? Personally always been on green side with this counter, and currently at an attractive price to collect more

That feeling right! It always hit 1.30 below when im just fresh out of funds lolol

So, lower rents >> lower NPI >> lower dividend?

------------------------------------------------

Retailers seek rental rebates to ride out Covid-19 effects

https://www.theedgemarkets.com/article/reta...covid19-effects

KUALA LUMPUR: Retail associations locally are appealing for mall and shophouse landlords and owners to give rental rebates of between 30% and 50% for the next six months for retailers to ride out the Covid-19 outbreak's effects.

The call was jointly made by the Malaysia Retailers Association, Malaysia Retail Chain Association, Bumiputera Retailers Organisation, Asean Retail-Chains and Franchise Federation and Branding Association of Malaysia.

The associations said the rebates are similar to what malls and landlords have done for their tenants in Hong Kong and Singapore.

Holy YTLREIT got battered like no man's business

Sunway REIT to feel full impact of Covid-19 in 4Q
https://www.theedgemarkets.com/article/sunw...pact-covid19-4q

“The MCO and Covid-19 impact is likely to be more severe in 4QFY20 given the extended MCO period in April to May. The 3QFY20 operational stats are already showing signs of weakness with the 11%-34% drop in retail and hotel revenue due to lower occupancy rates and cancellation of events/room bookings,”.

Alaqar is offer 4-5% discount today. Probably some fund house unload.