Pavilion Real Estate Investment Trust (Pavilion REIT) is a real estate investment trust. Pavilion REIT was established with the principal investment policy of investing, directly and indirectly, in a diversified portfolio of income producing real estate used solely or predominantly for retail purposes (including mixed-use developments with a retail component) in Malaysia and other countries within the Asia-Pacific region, as well as real estate-related assets. Pavilion REIT Venture Capital Sdn Bhd is wholly owned by the Company. Pavilion REIT Management Sdn Bhd. is the manager of Pavilion REIT. The Manager undertakes primary management activities in relation to Pavilion REIT. AmTrustee Berhad is the trustee of Pavilion REIT. Henry Butcher Malaysia Sdn Bhd is the property manager of Pavilion REIT.
So it is too early to jump into conclusion that Pavreit high potential.
BTW, this is just my 2cents
haikeyila'Fair valuation Gain' is registered as a form of earnings for a REIT. If you look at KLCC the valuation gain is also about 10% (and included as earnings). As to whether Pavreit has potential or not, this obviously depends on one's individual opinions.
DanielBased on Busy Weekly newspaper, it recommend us to invest in REIT counters which rental income come from shopping mall, such as KLCC Reit, PAVREIT, IGBREIT.
zeroREITS may take a hit after the budget announcement, esp. if GST is tabled...