ks55Yes, I like retail REITs. But to invest in CMMT must have second thought. Just go to Sungai Wang, what do you see? Go to IOI City Mall in Putrajaya. What can you conclude? Hektar is most resilient and consistently pay out at least 10.4sen DPU. This work out to have DY 7.2% based on 1.45 share price.
As for office REITs, try to avoid QCT as PS acquisation is not at arms length. If waiver for PAC not granted, or PS acquisation aborted, then QCT is a good buy. Try to avoid any other office REITs because it will be getting harder and harder to find tenant.
Industrial REITs, best buy is still Atrium. No doubt Atrium Puchung is vacant right now, with able property manager, it will not be difficult to find tenant. Moreover, DPU for Jan 2015 will remain at 2.2sen (net profit from disposal of Rawang factory). This give DY 7.7% based on 1.17 share price.
For multi-dimension REITs, best choice is ARReit. Silverbird factory fiasco should be over in Jan 2015 with court proceeding (unless High5 play dirty trick again). Wisma Amanahraya in Jalan Semantan (Now rename Wisma ELM) is now lease to SEGI College University. In no time DPU will go back to 8 sen per unit.
Caution! Be caution!! Be most caution !!!! Don't trust MRCB will inject properties for new lease of life to QCT at arms length. Properties injected will be very much inflated. I don't trust QCM as someone has vested interest in these type of transactions.
CHONG Kong Hui@KK55, great to have your sharing. www.Google.com/+ChongKongHui