General S-REITs Discussion Thread

[Genosis]

Me! I have FCT (DY:6.40%), AIMSAMP Cap Ind (DY:8.19%) and Viva Ind (DY:10.15%) currently.
What else worth to add in? Suggestion?

Since u oredi have retail and industrial, can consider adding healthcare REIT...

 

[Genosis]

anyone still vested/investing in REITs?

I am still vested....heavily

CMT
FCT
MCT
Suntec
Mapletree Greater China
Mapletree Logistics
AIMS
CACHE
PLife
Keppel DC

 

[thegodfather]

I am still vested....heavily

CMT
FCT
MCT
Suntec
Mapletree Greater China
Mapletree Logistics
AIMS
CACHE
PLife
Keppel DC

is Mapletree greater china worth looking at? i havent really went in depth to study it?

Do you think i should add that or first reit/ asian pay TV into my portfolio?

currently my reits are AIMS AMP (10.6%) CACHE (10.7%) of my portfolio

 

[Genosis]

You seem to be short of 1 MIT.

Ya lor....the price shot up fast above $1.50 before I can get in.

 

[Genosis]

is Mapletree greater china worth looking at? i havent really went in depth to study it?

Do you think i should add that or first reit/ asian pay TV into my portfolio?

currently my reits are AIMS AMP (10.6%) CACHE (10.7%) of my portfolio

Well, MGCCT is a play on China's and HK growth. Its crown jewel is Festival Walk mall in HK. Surprisingly, business is good and positive rental reversions are in double digits!

Secondly, the management's is following a fee system that is more aligned with unit-holders' interest. So, their main focus is to grow DPU, not just aggressively doing acquisitions and diluting.

Below $0.90 can add...

Right now, only FCT looks attractive to me, based on its price and future growth. I am quite confident in the spending power of people living Yishun and Woodlands. Furthermore, FCT has a strong sponsor in FCL.

The DPU for Asian Pay TV is not likely to be sustainable....

 

[xshinado]

Since u oredi have retail and industrial, can consider adding healthcare REIT...

PLife? But still little expensive to me

 

[thegodfather]

Well, MGCCT is a play on China's and HK growth. Its crown jewel is Festival Walk mall in HK. Surprisingly, business is good and positive rental reversions are in double digits!

Secondly, the management's is following a fee system that is more aligned with unit-holders' interest. So, their main focus is to grow DPU, not just aggressively doing acquisitions and diluting.

Below $0.90 can add...

Right now, only FCT looks attractive to me, based on its price and future growth. I am quite confident in the spending power of people living Yishun and Woodlands. Furthermore, FCT has a strong sponsor in FCL.

The DPU for Asian Pay TV is not likely to be sustainable....

wah Genosis you are such a nice guy.. I read somewhere about the good things about MGCCT but you sum it all up.

FCT I think okok only just because they are building a condo near northpoint? But as i stay in the north i think is okay only.

Yup Asian Pay TV maybe good for short term but like the recent dividends from last the drop was 15cents. crazy

 

[donald83]

What's the impact on REITs from the Fed i/r hike? This must have been discussed before but i missed that.

 

[thegodfather]

What's the impact on REITs from the Fed i/r hike? This must have been discussed before but i missed that.

actually i think it has already been factored in with the recent price drop. plus 0.25% interest hike.. i think our reits locally gearing are still very healthy.

 

[Genosis]

PLife? But still little expensive to me

Trading above nav.

Wait for correction ba....

 

[xshinado]

wah Genosis you are such a nice guy.. I read somewhere about the good things about MGCCT but you sum it all up.

FCT I think okok only just because they are building a condo near northpoint? But as i stay in the north i think is okay only.

Yup Asian Pay TV maybe good for short term but like the recent dividends from last the drop was 15cents. crazy

That condo you mentioned is named North Park residences with 12 blocks and 920 residential units
http://www.thenorthparkresidences.com/

 

[xshinado]

Trading above nav.

Wait for correction ba....

yup, I kept waiting. NAV below 2.20 i will go in.

 

[Genosis]

wah Genosis you are such a nice guy.. I read somewhere about the good things about MGCCT but you sum it all up.

FCT I think okok only just because they are building a condo near northpoint? But as i stay in the north i think is okay only.

Yup Asian Pay TV maybe good for short term but like the recent dividends from last the drop was 15cents. crazy

U r welcome. I guess my summary skills are getting better. I try to analyze and study one company per week. Mostly to keep track of my investments and keep my mind engaged.

FCT's strength is due to the 'defensive' nature of its suburban malls.

For NorthPoint Phase 3, I think there are retail spaces besides condo.

 

[Genosis]

What's the impact on REITs from the Fed i/r hike? This must have been discussed before but i missed that.

Refinancing costs will go up. And since REITs do not retain much of its earnings, DPU will be affected, theoretically speaking of course.

 

[thegodfather]

U r welcome. I guess my summary skills are getting better. I try to analyze and study one company per week. Mostly to keep track of my investments and keep my mind engaged.

FCT's strength is due to the 'defensive' nature of its suburban malls.

For NorthPoint Phase 3, I think there are retail spaces besides condo.

Yup, I might add either First REIT or MGCCT to my portfoli but for now i shall wait abit...

 

[Bedokian]

Refinancing costs will go up. And since REITs do not retain much of its earnings, DPU will be affected, theoretically speaking of course.

Don't forget that REITs could use other refinancing means besides loans. A few of the standard ones are rights issue, private placement of shares and bond issues.

 

[Bedokian]

FCT's strength is due to the 'defensive' nature of its suburban malls.

For NorthPoint Phase 3, I think there are retail spaces besides condo.

Also to add that they have a sort of retail mall "monopoly" in the north, with Causeway Point and Northpoint.

 

[Layers]

Asiamall is under FCT?

FCT is similar to Cmt?

 

[Bedokian]

Asiamall is under FCT?

FCT is similar to Cmt?

Asiamall is not a REIT. I would be interested if they become one.

Between FCT and CMT, the emphasis is on retail malls, so yes in a way they are similar.

 

[donald83]

Refinancing costs will go up. And since REITs do not retain much of its earnings, DPU will be affected, theoretically speaking of course.

so we shld look for smth with low gearing ratio?