i read that they increase the rental rate after leasing back the property to CEVA in May

There is some movement on ATRIUM, likely today will announce dividend.

Arreit has a nice run up lately, 0.88 already. Some news around?

Atrium 1unit done at 0.82.
Purposely did that for dividend...?

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Added on October 22, 2009, 5:11 pmNo div declare, no announcement on Atrium.

This post has been edited by smartly: Oct 22 2009, 05:11 PM

lol, sabar sabar.

Bought some Hektar today...... so boring.....

1.04?

Yah, big seller at 1.04......

Today AXREIT touched 1.90 as expected I might be unloading soon. More than 40% gain as of now.

I'm going to be more pessimistic though. I'm expecting anywhere between 1.6 - 1.8 sen.

They did increase, but they should be spending more on maintenance. We'll see.

What are you going to do with that 1 unit??

any ideal stock in mind after unloading some?

not me, i mean someone bot it. not sure for wat reason.

Does anyone here realize that Hektar's purchase price per sq is higher for the small shopping mall in Muar than the shopping mall in Subang Jaya?


Muar is just a small town, smaller than Melaka, but Hektar bought over a small shopping mall there that costs more than the one in Subang Jaya. Does anyone here know why the purchase price for the Muar shopping complex is so high?

My ideal stock is still AXREIT. I might unload my holdings and rebuy it after the price consolidates. But AXREIT could still be hot in the coming week, so we'll see. I'm anticipating more goodies for the budget coming up tomorrow

Especially for those rare Islamic REIT for which AXREIT is one

ARREIT, ATRIUM, AXREIT all up.. even STAREIT also! only HEKTAR is going down... got a bad feeling bout this... anything happened which Im unaware of?

opps... i got this counter can i hv the source? i find reit discussion is rather limited

* Tax of 5% to be imposed on gains from the disposal of real property from Jan 1, 2010.
Any effect on REITs?

So far nobody posted or may be it is irrelevant....anyway was wondering whether the 5% RPGT as announced during budget just now has any effect to REITs counters?

There is little direct/immediate impact of the property gain tax on the reit side, as reit seldom/never sell their properties since the injection/introduction of reit.

But property gain tax does put some 'cold water' on the property transaction, which affect some on the property market. But I don't think the 5% will be a major issue across, yes it does have some impact, but 5% tax won't reduce the property transaciton too much.

oh tangkayu