General S-REITs Discussion Thread

[Dyhalt]

I also want to ask the seasoned reits holders, how come reits not moving down with market?
Is it money flowing into reits because it is safer, or ?

In my humble opinion its because REITs sector as a whole had already been corrected in 2015, a lot of negative effects of rising interest rates, more competition etc are all already factored into REITs price.

REITs has its own risks, you should always do your homework before investing in it.

Cheers

 

[Genosis]

Because the gradual rise in Int Rates has been factored into the price of Reits a long time ago.

So when the announcement was made, it didn't send shockwaves.

Rather since the economy is looking so gloomy now, the fed might delay the rise in interest rates again, who knows, Reits might be buoyed then.

Yup. The next rate hike could be pushed back to June instead of March.

http://www.cnbc.com/2016/01/07/fed-funds-futures-now-pricing-in-next-rate-hike-in-june-vs-march-previously.html

 

[Bedokian]

Now is the ideal time to accumulate some REITs before the CD period, since the "factoring in" of interest rates had brought them to near their NAV.

 

[havetheveryfun]

Now is the ideal time to accumulate some REITs before the CD period, since the "factoring in" of interest rates had brought them to near their NAV.

but which REITs would you suggest ?

another thing is how come FCT only owns 6 shopping malls while CMT owns more than double of FCT but their share prices are quite close ? Shouldn't CMT's share price be a lot higher ?

 

[Genosis]

their number of shares are not equal

CMT has more outstanding shares

That's right. CMT's market cap is much bigger than FCT's

 

[Darkzi0n]

In my humble opinion its because REITs sector as a whole had already been corrected in 2015, a lot of negative effects of rising interest rates, more competition etc are all already factored into REITs price.

REITs has its own risks, you should always do your homework before investing in it.

Cheers

actually the correction started way before 2015. Back in May 2013, Ben Bernanke used the word 'tapering', causing many REITs to fall by more than 15% in less than 2 months. And the price has nvr recover since then.

Fast forward to now, after 2.5 years of correction and REITs hedging their interest expenses, most of the interest rate risk are probably priced in. The announcement of rate hike and the expected slow pace of the hike might actually provide more certainty to holding REITs.

But having say that, I don't see reits as particularly attractive, especially those in the commercial and industrial sector.

 

[zzxiaoboizz]

but which REITs would you suggest ?

another thing is how come FCT only owns 6 shopping malls while CMT owns more than double of FCT but their share prices are quite close ? Shouldn't CMT's share price be a lot higher ?

FCT owns 6 malls but also has a 31.17% units in Hektar REIT based in Malaysia which for 2015 netted a return of 18301(000). Sourced from the Annual Report 2015

 

[Tango62]

Where can we find info regarding the NAV and gearing ratio of a REIT? Tried searching on SGX under the coy info but dont have leh.

You may want to try "www.mystocksinvesting.com".

Under "REITS" tab, select "SINGAPORE REITS TABLE".

It's not the most updated but got what you're looking for.

 

[Bedokian]

but which REITs would you suggest ?

another thing is how come FCT only owns 6 shopping malls while CMT owns more than double of FCT but their share prices are quite close ? Shouldn't CMT's share price be a lot higher ?

Stockbot had answered you wrt the number of shares.

As for what REITs to go for, for me I am more into retail, office, commercial (retail + office), logistics, data centres and mixed.

 

[Initiatives]

Stockbot had answered you wrt the number of shares.

As for what REITs to go for, for me I am more into retail, office, commercial (retail + office), logistics, data centres and mixed.

Retail reit like CMT FCT are my favorite. most tangible. can see can touch.

 

[Genosis]

Retail reit like CMT FCT are my favorite. most tangible. can see can touch.

Can ask friends, relatives and colleagues to support too.

 

[garytj89]

Can ask friends, relatives and colleagues to support too.

Can self support too

 

[Weaboo]

which reits got exposure to china?

crct, mgct, fortune

any more?

 

[havetheveryfun]

Stockbot had answered you wrt the number of shares.

As for what REITs to go for, for me I am more into retail, office, commercial (retail + office), logistics, data centres and mixed.

Isn't that like almost every type of REIT lol exceptfor healthcare

 

[Initiatives]

Can ask friends, relatives and colleagues to support too.

Yes! I always jokingly tell my gf that I own this shopping center and that shopping center. Technically I am correct. Haha!

 

[Bedokian]

Isn't that like almost every type of REIT lol exceptfor healthcare

Not really. I do not prefer industrial and hospitality but I am ok with healthcare.

 

[Bedokian]

Yes! I always jokingly tell my gf that I own this shopping center and that shopping center. Technically I am correct. Haha!

And a visit to the malls concerned would be "seeing my investments first hand".

 

[garytj89]

Imm not that bad at least got ppl jcube almost no ppl except for first floor

 

[Asphodeli]

Now with Big Box, Westgate, JEM, KTPH, DNI and IMM walkable via the 2nd floor walkabout, J-Cube getting more and more irrelevant...wonder if CapLand will turn J-Cube into a mixed dev or not?

 

[Genosis]

which reits got exposure to china?

crct, mgct, fortune

any more?

The recently IPOed BHG REIT...