General S-REITs Discussion Thread

[yumsang]

fct keep getting recommended but always thunder loud rain drop small

 

[simon_84]

have anyone compare this with KIT?

different sector even though both are business trust structure.
KIT is quite decent in terms of yield, range bound wise quite stable in term of price.

 

[TehSi99]

fct keep getting recommended but always thunder loud rain drop small

Maybe the bb waiting to sell?

 

[Andrew833]

As of today, my SG portfolio got 32.91% is on REITs:-

% on mu portfolio | Stock | Today Stock price

16.93% Mapletree Log Tr M44U 1.870
8.60% NetLink NBN Tr CJLU 0.950
5.43% Frasers L&C Tr BUOU 1.500
1.94% StarhillGbl Reit P40U 0.535

Do i still need to add more REITs to my portfolio? How was other doing on their overall SG portfolio? 60-80% on REITs? or 10-30 on REITs?

Actually, it doesn't matter whether NetLink NBN Tr is a REITs or not. Just study the company, if it's good, it's good.

I hold about 53% of REITs in my portfolio. I diversify in term of sector and regional. I also hold few bluechips and a small percentage for short term investment.
How many percentage of REITs up to you, and your plan.

 

[singqian]

Actually, it doesn't matter whether NetLink NBN Tr is a REITs or not. Just study the company, if it's good, it's good.

I hold about 53% of REITs in my portfolio. I diversify in term of sector and regional. I also hold few bluechips and a small percentage for short term investment.
How many percentage of REITs up to you, and your plan.

Noted, all within SGX only? or got US stocks?

 

[Paul Lee]

• To create a leading global Real Estate Investment Manager (REIM) with multiple Fund AUM growth drivers
• Privatised real estate development business to continue to incubate projects and provide pipeline opportunities for newly created REIM
• To unlock substantial value for CapitaLand shareholders
• CapitaLand shareholders to receive an implied consideration of S$4.102 per share in cash and scrip, including 1-for-1 equivalent stake in new listed entity
• Existing ecosystem to be preserved to harness synergies and strengthen
• competitive advantage for restructured Group

Annouement:PROPOSED STRATEGIC RESTRUCTURING AND DEMERGER OF THE INVESTMENT MANAGEMENT BUSINESS OF CAPITALAND LIMITED

Press Release: CapitaLand proposes restructuring to sharpen business focus and
unlock shareholder value

Presentation: Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management

So basically, nothing really do with unitholders of the REITs. In effect, Capitaland will change its name to CapitaLand Investment Management (CLIM).

Capitaland shareholders will get 1 CLIM share, CICT units worth $0.303 and $0.951 for each CL share.

 

[singqian]

• To create a leading global Real Estate Investment Manager (REIM) with multiple Fund AUM growth drivers
• Privatised real estate development business to continue to incubate projects and provide pipeline opportunities for newly created REIM
• To unlock substantial value for CapitaLand shareholders
• CapitaLand shareholders to receive an implied consideration of S$4.102 per share in cash and scrip, including 1-for-1 equivalent stake in new listed entity
• Existing ecosystem to be preserved to harness synergies and strengthen
• competitive advantage for restructured Group

Annouement:PROPOSED STRATEGIC RESTRUCTURING AND DEMERGER OF THE INVESTMENT MANAGEMENT BUSINESS OF CAPITALAND LIMITED

Press Release: CapitaLand proposes restructuring to sharpen business focus and
unlock shareholder value


Presentation: Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management

wah.. happy lo for those hold it around $3.xxx

 

[Andrew833]

Noted, all within SGX only? or got US stocks?

Currently I only invest only in sg market.

 

[singqian]

Investingnote.com reply:-

Hi thank you for reporting this to us. Currently due to the similiarity between the two,REITs and Business Trust are classified together. We will update the display for the category to "REITs/Turst" in the portfolio for now.​

Netlink isnt a reit..

Sent from null using GAGT

at least learn to classify it as a business trust instead of following a website blindly.

https://www.netlinknbn.com/trust_structure.html

Some business trusts are commonly regarded as REITs, as long as their main business is in real estate investment. So websites like reitdata and sgshareinvestors will classify business trust under their REIT section as long as the main business is real estate investment/holding property. (eg: CDL Hospitality Trust)

Both Reitdata and Sgshareinvestors classify Netlink as a non-REIT so it sort of puzzled me when singqian claimed IN calls it a REIT. But when I go to investingnote: https://www.investingnote.com/stocks/SGX:CJLU#/all I don't see it being classified as a REIT.

Can Singqian show us the IN webpage where it is called a REIT? Hope he is referring to IN and not some random anonymous guy in IN forums calling it a REIT... got big difference

Netlink is closer to something like Asia Pay TV Trust rather a REIT.

Can report bug to IN liao haha. Anyway its fine la. Netlink gives decent dividends anyway.

Sent from null using GAGT

Actually, it doesn't matter whether NetLink NBN Tr is a REITs or not. Just study the company, if it's good, it's good.

I hold about 53% of REITs in my portfolio. I diversify in term of sector and regional. I also hold few bluechips and a small percentage for short term investment.
How many percentage of REITs up to you, and your plan.

 

[Andrew833]

Investingnote.com reply:-

Hi thank you for reporting this to us. Currently due to the similiarity between the two,REITs and Business Trust are classified together. We will update the display for the category to "REITs/Turst" in the portfolio for now.​

I saw your post in IN.
REITs and Trust are similar.

 

[singqian]

I saw your post in IN.
REITs and Trust are similar.

But got some brothers (Refer to my Hardwarezone post) got different opinions ma.. so just to clarify with the HOST (Investingnote) lo..

 

[limster]

I saw your post in IN.
REITs and Trust are similar.

Trusts that hold property are certainly similar to REITs, thats why sgshareinvestor and reitdata classifies them together.

But Asia Pay TV trust, Netlink, sgshareinvestor and reitdata separates them from REITs/property trusts.

So there is more than one way to classify, one must always DYODD and don't simply buy something just because a website calls it a REIT.

 

[demoforce1]

different sector even though both are business trust structure.
KIT is quite decent in terms of yield, range bound wise quite stable in term of price.

I am thinking to switch from Netlink to KIT, make sense?

 

[demoforce1]

• To create a leading global Real Estate Investment Manager (REIM) with multiple Fund AUM growth drivers
• Privatised real estate development business to continue to incubate projects and provide pipeline opportunities for newly created REIM
• To unlock substantial value for CapitaLand shareholders
• CapitaLand shareholders to receive an implied consideration of S$4.102 per share in cash and scrip, including 1-for-1 equivalent stake in new listed entity
• Existing ecosystem to be preserved to harness synergies and strengthen
• competitive advantage for restructured Group

Annouement:PROPOSED STRATEGIC RESTRUCTURING AND DEMERGER OF THE INVESTMENT MANAGEMENT BUSINESS OF CAPITALAND LIMITED

Press Release: CapitaLand proposes restructuring to sharpen business focus and
unlock shareholder value

Presentation: Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management

So basically, nothing really do with unitholders of the REITs. In effect, Capitaland will change its name to CapitaLand Investment Management (CLIM).

Capitaland shareholders will get 1 CLIM share, CICT units worth $0.303 and $0.951 for each CL share.

Is this mean for C31 holder will get 1 CLIM share or $4.102 cash?
How about CICT and ART holder?

 

[compro_1975]

HMN (Ascott Trust) holders how ar? no mention leh

 

[Andrew833]

Is this mean for C31 holder will get 1 CLIM share or $4.102 cash?
How about CICT and ART holder?

Shareholders to get the following per share of Capitaland they own:
1. Capitaland Investment Management share (CLIM) x 1
2. SGD 0.951 cash
3. 0.155 CICT units (cash)
Total value about $4.00

ART no change.
CICT no change but maybe some selling.

 

[Andrew833]

HMN (Ascott Trust) holders how ar? no mention leh

No change, only Capitaland change.

 

[simon_84]

Is this mean for C31 holder will get 1 CLIM share or $4.102 cash?
How about CICT and ART holder?

only capland holder is affected for this corporate action.
CICT will get some dilution as their holdings are part of the deal.

 

[TehSi99]

Tomorrow green or red?

Mostly red today.

 

[kakashixx]

only capland holder is affected for this corporate action.
CICT will get some dilution as their holdings are part of the deal.

No dilution actually coz they giving yheir own shares to capland holders. total shares still same..