Weakening ringgit will boost the retail sector by attracting tourist to shop in Malaysia compare to Singapore.

If no tourist visit malaysia then different story

what is the reason for the "borrowing cost" of IGBREIT increase?

any sifu can shed some light?

Looking at the cash flow still healthy.

Do you own this REIT?

And if you do what are the reasons / objectives that make you buy YTL REIT?

There are few risks to look at if we are investing in REIT, namely :

- Refinancing Risks
- Downside Dividend Yields
- Valuation Pressure
- Dilutive Capital Raising
- Market factors
- Risk Assiociated with Borrowing

On top of that, due to YTL REIT has an diversified international portfolio comprises Hilton Niseko Village in Japan and the Sydney Harbour, Brisbane and Melbourne Marriott hotels in Australia, it is exposed to currency risk as well.

In my opinion, REIT is an alternative fixed income generation tool. REIT income should be pretty highly predictable. With currency risk exposed, I will pass on YTL Reit.

http://www.bursamalaysia.com/market/securi...t-trusts-reits/

http://www.bursamalaysia.com/market/securi...t-trusts-reits/

Malaysia Real Estate Investment Trust

From where you see the YTL is a hospital ?

Malaysia 10 Years MGS Yield traded at 3.6x yesterday 13-10-2016.

If 1st class retail REIT should be 100-150 bps above MGS yield, means IGBREIT can buy now?

What is the expected return for REIT unit trust p.a ?

The most you can see is like this :



you can always find this kind of info in the annual report. For quarterly report i dont think have this info.

alternatively you can look for research paper post various IB.

That would make you 1.13% profit per trade?

Put 10k take back 100+ after transaction fees?

Oh ok let's see if I got it right :

Let's say take the latest DIV payout for PAVREIT which is = 8.3 sen (4.14+4.16)

So if I buy PAVREIT at 1.74 which give me gross yield of 4.7%.

--> If the price increase , i sell my holding which can get back 100++ depends on how much the share price appreciate
--> If the price decrease , i hold PAVREIT can become long term REIT investor which can consider as a fixed income instrument. Or else, if the price drop lower, it gives me more chance to accumulate more unit (due to the yield getting higher)

For those 4.0% rate usually is promo-rate by individual bank.

These promo usually required a minimum 10k fresh fund.

Don't be confuse between promo rate and board rate.

I would suggest you read all MREIT thread in LYN start from version 1 to version 7.

New REIT in near term, Alpha REIT

https://www.theedgeproperty.com.my/content/...rust-alpha-reit

If the REIT has steady occupancy rate and operate under long term lease eg 15-20 years, it might worth a look into.

REIT is sensitive to interest rate movement.

If interest rate up, bond & REIT will down.

The DPU for PAVREIT has been stagnant for the last 3 years. The purchase of DAMEN mall and intermark mall has high operating expenses / maintenance expenses hence it drives down the net property income for last few quarter. Lower net property income = lower DPU.

From the latest QR we can see that intermark mall has started contributing. Occupancy rate is healthy as well. Just have to monitor the operating expenses of DAMEN Mall.

With the acquisition of Pavilion Elite, i believe it will bring more income to PAVREIT. For the Farenheit 88 mall, i guess there will be acquisition plan in the pipeline.

Long term prospect is still good, just have to buy-in in the correct price.
One simple method is to benchmark MGS yield. For PAVREIT, personally i use MGS yield + 1.5%. REIT is sensitive to interest rate environment. If interest rate increase, bond & REIT goes down.

Whereby comparing to IGBREIT, the DPU is growing every year. Hence the share price is much more "stable" than PAVREIT.

not much movement from MREIT although us 10 yr treasuries yield almost hit 3 %

Probably due to previous selldown across MREIT was exaggerated

Just to understand, why would you buy so many REIT in the 1st place?

Maybe you could elaborate more on "good values"?

Like how to define good values etc..