Posted by yingzhe17 > Mar 14, 2021 10:31 AM | Report Abuse

Only puny 4%? Look elsewhere

Posted by Pinky > Mar 15, 2021 9:46 AM | Report Abuse

Yes puny but you have to price in the growth.

IGBREIT is the AXISREIT of mall REITs.

Posted by mokluhanj21 > Mar 31, 2021 1:22 PM | Report Abuse

REITs are good long term investments, keep and compound, the ony risk is the rate hike in the next 12 to 24 months. when that come, either sell before or wallop like no tomorrow ahaha.
Last time Chairman Bernanke time Taper Tantrum oso masih fresh in memory. cry cry but finally there's rainbow after the rain :)

Posted by Nepo > Apr 10, 2021 11:35 AM | Report Abuse

https://www.theedgemarkets.com/article/igb-list-commercial-reit-yearend-raising-rm123-bil
=={{{}}}}==
Hi what is the difference between IGB reit and IGB Commercial reit (which is going to list soon)

Posted by Pinky > Apr 10, 2021 12:10 PM | Report Abuse

"IGB said it will dispose of the 10 properties for a total consideration of RM3.15 billion, which would be satisfied via the issuance of 2.31 billion undivided interest in the new REIT, as well as cash balance.

The 10 properties comprise seven in Mid-Valley city, namely Menara IGB, Centrepoint South, Centrepoint North, Boulevard properties, Gardens South Tower, Gardens North Tower and Southpoint properties.

The remaining three properties are Menara Tan & Tan, G-Tower and Hampshire Place, all located in Kuala Lumpur."

Offices and commercial buildings currently owned by IGB.

They plan to keep IGBREIT a pure mall REIT.

Posted by reitpulse > Apr 14, 2021 6:45 AM | Report Abuse

IGB REIT being predominantly in the retail sector are greatly affected by the COVID-19 pandemic. Historically, IGB REIT has a fairly commendable operational and financial performance. They have taken a hit in FY20 as a result of this uncertainty with a loss of major anchor tenants such as Robinson. The ability for IGB REIT to grow will very much dependent on the overall retail industry growth and its ability to improve its overall occupancy.

https://reitpulse.com/igb-reit-fy20-performance/

Posted by Pinky > Apr 26, 2021 6:00 PM | Report Abuse

Oh no, 2021Q1 worse than 2020Q4

Posted by i3kyan > Apr 28, 2021 11:32 AM | Report Abuse

the news of IGB commercial reit was from June 2020, is that still going on or what?

Posted by Hazmi90 > Apr 28, 2021 6:36 PM | Report Abuse

Can see that others REITS is not stable as IGB on current situation

Posted by isthistrue > Apr 28, 2021 8:45 PM | Report Abuse

https://www.theedgemarkets.com/article/igb-shareholders-approve-listing-commercial-reit-sale-properties-reit
... It added that shareholders will be given an option to subscribe to their entitlements in IGB Commercial REIT on the basis of two restricted offer for sale (ROFS) units for every five IGB shares held, at RM1 per ROFS unit....

Posted by Dave92 > May 8, 2021 5:00 PM | Report Abuse

Less traffic due to mco.
Expecting igbreit to drop further.

Posted by Sioksiok19 > May 9, 2021 6:37 PM | Report Abuse

The closure of shopping malls is not good for retail Reits - better switch to commercial reits or office reits

Posted by 8888_ > May 10, 2021 6:35 AM | Report Abuse

Office Reits good? Go for cheapest Reit Amfirst.

Posted by Pinky > May 10, 2021 11:28 AM | Report Abuse

For office REITs, Sentral is good. Most tenants are big MNC or GLC.

Posted by mokluhanj21 > May 10, 2021 11:35 AM | Report Abuse

so bad la this gomen using super arbitrary 24 hours notice close lidat.
dunno la. what will happen to retail REITs. all koyak like this.
economy in 2021 will be worse than 2020 if they open close open close like fridge door.
Neelofa go Langkawi, go buy karpet, never want to slap that bith. now when cases everywhere, baru wanna close the whole world.

too late, rice oso become porridge.

Posted by mokluhanj21 > May 18, 2021 8:50 AM | Report Abuse

aiyo. double edged sword la exposure to REIT. one is the income, the other is valuation.
income is affected by closure..
valuation is even scarier; there is a real risk that in the next 12 to 24 months, when the US Fed start a bout of tightening, confirm gao2 collapse global REITs like in 2013 taper tantrum drama.
so now wanna go big big also think 10 times. urgh

Posted by RainT > May 21, 2021 4:10 PM | Report Abuse

time to buy

down more plsssss

Posted by fortunefire > May 21, 2021 7:21 PM | Report Abuse

today bot at 1.61. Monday buy again.

Posted by mokluhanj21 > May 24, 2021 10:39 AM | Report Abuse

guys, are you sure the impending rate hikes wont slaughter all of us in REITs?
markets all jatuh last week cos of FOMC minutes...how ah? scary weh

Posted by TehCPing > May 25, 2021 4:24 PM | Report Abuse

Where is the new reit? Is igb reit still own the 10 property that they said wanna sell to the new reit?

Posted by i3kyan > May 27, 2021 10:00 AM | Report Abuse

IGB reit has only 2 malls, Mid Valley and The Gardens Mall.

Posted by TehCPing > Jun 2, 2021 2:03 PM | Report Abuse

I get dividend today :-), happy

Posted by markpaul328 > Jun 3, 2021 4:52 AM | Report Abuse

Mall is closed but price keeps going up... Dont understand.