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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.
Whenever the newspaper talks about the car sector, it almost always revolves around Proton, Perodua, car sales and so on. You hardly ever hear of a company called APM Automotive. It doesn’t grab the headlines, but APM is one of those companies that just goes about its business, makes money and pays dividends, year-in year-out. [...]
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 [...]
I was reading an article about Public Bank in TheStar on Tuesday. It was titled “OSK: Selldown in Public Bank overdone”. As I write this post PBBANK is trading at RM7.55, up around 50-60 sen from its recent low. Is the sell down really overdone? PBBANK has always traded at a premium to its peers. [...]
We just had a round of quarterly reporting on Bursa Malaysia recently. And one message came out loudly. Everywhere you turn, companies are saying that we are in uncertain times. It’s hard to know what earnings will look like over the next two years. It is times like this that makes us appreciate companies which [...]
