Following our interview with Tower REIT, below is a summary of Tower REIT’s property portfolio. The fund was sponsored by the Hong Leong Group and listed on Bursa Malaysia on April 2006 and owns three prime assets which are Menara HLA, HP Towers and Menara ING.
Most people I know prefer to invest in Property as compared to Shares. But if you have seen a Unit Trust presentation before, you will know that Fund Managers have all sorts of charts showing how shares are a superior investment compared to everything else. So who do we believe?
(Menara HLA is an asset of Tower REIT) This article is a continuaton of my earlier article on REIT analysis. It’s been a while since I last wrote. I’ve been up to my neck with projects at work and also the new design for this website. Hope you like the new look and feel, there’ll [...]
Below is a snapshot of UOA REIT’s property portfolio as at 31 December 2008. UOA REIT owns Wisma UOA Pantai and strata office parcels within Wisma UOA Centre, UOA II and UOA Damansara. Major shareholders of UOA REIT include Wisma UOA Sdn Bhd (41.5%) and Damai Positif Sdn Bhd (19.5%)
Axis REIT is one of the most acquisitive REITs on the market. Since its listing in August 2005, Axis has accumulated 19 properties with Menara Axis, Axis Business Park and Crystal Plaza being its flagship properties. Below is a snapshot of its portfolio as at 31 December 2008.
I have been a fan of REITs for some time now. It’s a great asset class and can provide meaningful diversifcation in an investment portfolio. But I’ve never really thought about investing in REITs until recently. REIT is not an asset class that will give you Super Returns. If you can get 12-15% per annum [...]
It’s high yielding, way cheaper than valuation and thrives in a low interest rate environment. The humble REIT (or Real Estate Investment Trust) has come a long way in Malaysia over the last four years. Since the listing of Axis REIT in August 2005, the market cap of Bursa Malaysia REITs has reached RM4.1 billion [...]
We have just included KLCC Property Holdings Bhd in our database. Looking at the Income Statement, the thing that caught my eye was the Fair Value Adjustment. It seems KLCCP has included the increase in its property value into its profit figure. OK basically I’m not in favour of such reporting. Traditionally if property assets [...]
Looking to invest in property which are occupied by quality tenants? Want high yield and something you can get into with little capital? What’s the catch? Well you don’t get to manage it yourself but will need to rely on professional managers to manage your property portfolio. Well if you are looking for hassle-free exposure [...]
Beware of Land Banking fraud. An article published by The Mirror UK on 28/8/08 entitled “Land International Scam surfaces as Sherwood Henderson”. Read it for yourself here before you invest money in UK Land Banking schemes: http://blogs.mirror.co.uk/investigations/2008/08/land-international-scam-resurf.html
