[Official] REITs CD tracking thread

[princessreiko]

This is what they reported in their news release:

Bugis Junction
Asset enhancement works for Bugis Junction will commence in the second quarter of 2013. The AEI
will involve the recovery of close to 70,000 sq ft of space from one of Bugis Junction’s anchor tenants.
The recovered space will be occupied by specialty stores. Changes will also be made to the layout of
space on some parts of Basement 1 and Levels 1, 2 and 3. The projected capital expenditure for this
AEI is S$35.0 million with a target return on investment of 9.0%. The AEI is expected to be completed
in the third quarter of 2014.

 

[anfielder]

Thanks for the consolidation addict. Very helpful.

Anyways CMT is up and although not reported in the banks analysis, it has been reported in reitsweek.com that Bugis Junction has just lost an anchor tenant. Advanced info for those who are vested in CapitaMalls Trust.

CMT has declined to comment on who this anchor tenant is. Speculation is still rife as to how badly this is going to affect Bugis junction and ultimately DPU for the rest of the year for CMT unit holders. It could be cold storage or BHG. If it's BHG then it's HUGE tenant.

If you look at the results announcement slides last week, it says the tenant is BHG. BHG will still be there after the AEI but with reduced space. I believe converting anchor tenant space to specialty shops should lead to increased rentals.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0B047814EED0442348257B520036B3C4/$file/CMTQ12013ResultsSlides.pdf?openelement

 

[princessreiko]

If you look at the results announcement slides last week, it says the tenant is BHG. BHG will still be there after the AEI but with reduced space. I believe converting anchor tenant space to specialty shops should lead to increased rentals.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0B047814EED0442348257B520036B3C4/$file/CMTQ12013ResultsSlides.pdf?openelement

Thanks for the info.
It is helpful for newbies like me.

 

[Paul Lee]

The lose of an Anchor tenant may not be a death knell for CMT.

It depends on how much traffic the anchor tenant is bringing into the mall. IMO the lost of BHG is not necessarily a bad thing for Bugis Junction.

Given its superb location, I dun think its an issue to re-lease the space out after the AEI. In any case, Bugis Junction is due for a refresher so I viewed the AEI as positive development.

(Vested)

 

[Arsene_Wenger]

Buy buy buy! Jus buy

 

[Dividends Warrior]

Thanks for the consolidation addict. Very helpful.

Anyways CMT is up and although not reported in the banks analysis, it has been reported in reitsweek.com that Bugis Junction has just lost an anchor tenant. Advanced info for those who are vested in CapitaMalls Trust.

CMT has declined to comment on who this anchor tenant is. Speculation is still rife as to how badly this is going to affect Bugis junction and ultimately DPU for the rest of the year for CMT unit holders. It could be cold storage or BHG. If it's BHG then it's HUGE tenant.

No worries. Lots of brands lining up to take over the space.

The rental rate will increase too.

 

[BradLee]

Not too sure has this been posted b4. Nonetheless a good read especially the table to summarise the dividend yield. This was published early this month so prices wise is a bit outdated so read it as a guide.

Singapore Reits

 

[Paul Lee]

MCT DPU 1.134c Payable: 27 May Ex-Date: 26 Apr (Total quarter DPU inclusive Advanced distribution of 0.603 paid 27 Feb = 1.737c)

 

[simon_84]

FCT and CMT same price liao
too bad, it also means i cannot load up more at 1.955 for FTC...

 

[xtwis7]

Plife last done 2.73!

 

[addict951]

Sorry sorry, been bery bz at work
Will update all CD and XD later

Wah lao, Maple Com's result jin power
Q1's CD really jitao accelerated ****!

 

[xcaflowne]

is pcrt worth investing?

 

[Dividends Warrior]

is pcrt worth investing?

If u believe in the China growth story......

 

[addict951]

Later got FR and Maple Ind
FR has risen close to 100% since I started the BUY FR thread almost 2 years ago!

 

[Dividends Warrior]

First REIT DPU:

$17.40 per lot

XD: 29 April
Payable Date: 30 May

 

[Dividends Wizard]

First REIT DPU:

$17.40 per lot

XD: 29 April
Payable Date: 30 May

9.4% gain vs 1Q 2012 !

$1.50 before XD !

 

[Paul Lee]

Result Notification

30 Apr: HPH Trust (After 5)
9 May: Starhub (After 5)
15 May: SATS (Before 9)

MIT DPU = 2.37c Ex-Date 29 Apr Payable 4 Jun (DRP applies)

 

[addict951]

Maple Ind result out le mah??

 

[teerance85]

Yes addict, its out...

Distribution of 2.37 Singapore cents per unit for the period from 1 January 2013 to 31 March 2013

 

[Dividends Wizard]

Yes addict, its out...

Distribution of 2.37 Singapore cents per unit for the period from 1 January 2013 to 31 March 2013

6.8% gain qoq vs 2012 !

$1.60 before XD !