[Official] REITs CD tracking thread

[Dividends Warrior]

FCT's DPU: $28.80 per lot
Payment date: 30 May




FCT’s 2Q14 DPU up 7% to 2.88 cents

 2Q14 portfolio average rental reversion healthy at 9.3%
 Proposed acquisition of Changi City Point will contribute to future growth

 

[Dividends Warrior]

MINT's DPU: $25.10 per lot


Mapletree Industrial Trust’s Distributable Income for FY13/14 Increased 10.0% Year-on-Year to S$166.1 million

 Distributable income for FY13/14 grew 10.0% year-on-year to S$166.1 million
 Distribution per Unit (“DPU”) for FY13/14 was 9.92 cents, 7.4% higher than last year
 Completed three development projects totalling S$120 million and secured largest build- to-suit (“BTS”) project at S$250 million
 Achieved revaluation gain of S$150.7 million due to improved portfolio performance and completion of development projects

 

[Z070188]

MINT's DPU: $25.10 per lot


Mapletree Industrial Trust’s Distributable Income for FY13/14 Increased 10.0% Year-on-Year to S$166.1 million

 Distributable income for FY13/14 grew 10.0% year-on-year to S$166.1 million
 Distribution per Unit (“DPU”) for FY13/14 was 9.92 cents, 7.4% higher than last year
 Completed three development projects totalling S$120 million and secured largest build- to-suit (“BTS”) project at S$250 million
 Achieved revaluation gain of S$150.7 million due to improved portfolio performance and completion of development projects

DW is a happy man today. Lol.

 

[Dividends Warrior]

DW is a happy man today. Lol.

To be more exact, this week is a happy week for me.

Looking forward to CACHE and CMT results tmr.

FATA (发达) lor!!!

 

[gaara666]

To be more exact, this week is a happy week for me.

Looking forward to CACHE and CMT results tmr.

FATA (发达) lor!!!

Congrats DW! i am also looking forward to cache results - happy this counter has picked up quite a bit since i started collecting

 

[chyn_no]

wah.. almost all the reits reported rise hor..
but on the other hand, is it sustainable?

 

[SpeedingBullet]

wah.. almost all the reits reported rise hor..
but on the other hand, is it sustainable?

alot gave warnings of moderation for the next FY liao... don't expect the same explosive V-power QE-fuelled growth in DPU any more. Now running on 98 unleaded

 

[addict951]

wah.. almost all the reits reported rise hor..
but on the other hand, is it sustainable?

Has been rising slowly since Lehman leh

 

[addict951]

alot gave warnings of moderation for the next FY liao... don't expect the same explosive V-power QE-fuelled growth in DPU any more. Now running on 98 unleaded

You dun mix reits and other normal businesses leh
which reits gibe warning??

 

[Carnage]

wah.. almost all the reits reported rise hor..
but on the other hand, is it sustainable?

For a quick exercise on whether is it sustainable, look at the amount of land being sold for commercial and industrial.

The demand is still there and will take some time to come online. Current landlords just continue to collect rental and happily raise them after tenure expires. Plenty of leasees, only scared economy downturn nobody want to do business here.

 

[SpeedingBullet]

You dun mix reits and other normal businesses leh
which reits gibe warning??

what is "normal businesses"?

AReit, MLT and MIT are less shouty now abt their growth. AReit in particular (read my prev post? )

All love to use the word "moderation" . They realize they raise rentals too much, our SMEs just move up north sua. Better to have lower rental income than NO rental income

FCT so far so good, cos of CCP injection.

 

[sandwicher]

SHOPPING mall owner CapitaMall Trust (CMT) reported on Wednesday a distribution per unit (DPU) of 2.57 Singapore cents for its first quarter ended Mar 31, 2014, up 4.5 per cent from 2.46 cents a year ago.
This works out to an annualised distribution yield of 5.2 per cent, based on yesterday's closing price of S$1.99.
Unitholders can receive their distributions on May 30, 2014.
The Reit's net asset value per unit at end-Mar was S$1.74. The Reit is thus trading at a 14 per cent premium to its book value.

 

[simon_84]

AReit, MLT and MIT are less shouty now abt their growth. AReit in particular (read my prev post? )

FCT so far so good, cos of CCP injection.

having divested MIT few months ago...next in line is MLT.
have no confidence in industrial or logistics business.

looking to shift funds to FCT or CMT or even plife if there is any future correction.

 

[teerance85]

having divested MIT few months ago...next in line is MLT.
have no confidence in industrial or logistics business.

looking to shift funds to FCT or CMT or even plife if there is any future correction.

You have a gungho spirit! And i can see you are a big avid fan of FCT, CMT and Plife.

 

[simon_84]

You have a gungho spirit! And i can see you are a big avid fan of FCT, CMT and Plife.

having monitor their price for over a year, CMT and plife are more stable in terms of price, of course with lower dividend yield.

as for FCT, though with higher yield, there will be short term periods where its price is weak and it does gives a bit of a heartbreak especially when you average down at the wrong price

 

[Z070188]

having monitor their price for over a year, CMT and plife are more stable in terms of price, of course with lower dividend yield.

as for FCT, though with higher yield, there will be short term periods where its price is weak and it does gives a bit of a heartbreak especially when you average down at the wrong price

You should be even more gungho now. Whack those better REITs which have potential to appreciate and at the same time consistently giving dividends and then sell them in 1 to 2 years time. Should be able to profit 10% to 20%?

 

[SpeedingBullet]

having divested MIT few months ago...next in line is MLT.
have no confidence in industrial or logistics business.

looking to shift funds to FCT or CMT or even plife if there is any future correction.

Same sentiments.

 

[simon_84]

You should be even more gungho now. Whack those better REITs which have potential to appreciate and at the same time consistently giving dividends and then sell them in 1 to 2 years time. Should be able to profit 10% to 20%?

i only buy when STI is below 3000
and i don't believe the tapering factors are fully priced in yet.
besides i'm not using leverage like your case, so no reason to risk my savings.

you should ask mr FATA to buy instead and see what's his response...

 

[teerance85]

Im holding my horses for Reits. The last Reit i avg down was Cache in December last year. I forsee a correction in Reits coming real soon. The sharp increase in price wont be permanent.

 

[Wood4]

Wasn't the opportunity to grab REITs a few weeks ago when
STI was plummeting towards 2900?