Posted by Pinky > 2020-12-05 09:57 | Report Abuse

MQREIT is stronger than maybe UOAREIT because it mostly has single-tenanted buildings. In a sense it is more like the "Axis REIT" of the office space.

Posted by Pinky > 2020-12-09 09:47 | Report Abuse

https://klse.i3investor.com/servlets/ptres/58109.jsp

See, as I said, their clients are mainly big corporations, MNCs and data centres. This pandemic won't really hurt them.

Posted by Pinky > 2020-12-09 10:33 | Report Abuse

@kinuxian

https://www.mrcbquillreit.com/quill-building-2-hsbc/
HSBC Electronic Data Processing (Malaysia) Sdn Bhd, a wholly owned subsidiary of HSBC Overseas Holdings (UK) Ltd.

https://www.mrcbquillreit.com/quill-building-4-dhl-2/
Asia Pasific Information Services Sdn Bhd, a wholly owned subsidiary of DHL Worldwide Express B.V.

https://www.mrcbquillreit.com/quill-building-1-dhl-1/
Asia Pasific Information Services Sdn Bhd, a wholly owned subsidiary of DHL Worldwide Express B.V.

Shared service centres and/or data centres. Or was my terminology wrong?

Posted by Pinky > 2020-12-09 10:35 | Report Abuse

Ya I think I called them wrongly, these are actually shared services/data processing centres. :)

Posted by Pinky > 2020-12-10 10:45 | Report Abuse

Glad to top up a bit at 85.5 sen yesterday :D

Posted by yingzhe17 > 2020-12-16 14:09 | Report Abuse

HSBC moving out. What’s their plan ?

Posted by Pinky > 2020-12-16 15:03 | Report Abuse

@yingzhe17 which building?

And where u read about it?

Posted by UncleFollower > 2020-12-18 19:54 | Report Abuse

HSBC moving out?

Posted by Pinky > 2020-12-19 11:17 | Report Abuse

Just read:
https://www.insage.com.my/Upload/Docs/MQREIT/Corporate%20Presentation%203rd%20Quarter%202020%20Financial%20Results.pdf

I think HSBC not renewing, even if it's true, has no significant impact to performance. It's just 3-4% of total property. It could be another Quill 5 - to dispose.

Not worth worrying, I think the share price and yield already reflecting this.

Posted by UncleFollower > 2020-12-19 14:31 | Report Abuse

Only 1% of lease in 2020 not renewed. This could even be retail NLA which totals 4%. No indication HSBC is quitting. If yingzhe knows it's something special

Posted by UncleFollower > 2020-12-19 14:31 | Report Abuse

Stable occupancy rate. On a portfolio basis, occupancy rate remained steady at 90.5%
(2Q20: 90.4%), well above the average of 77% in 2019 for office buildings in Kuala Lumpur.
Total lease due for renewal for 2020 and 2021 account for 19% and 21% of total NLA
respectively. Majority of the leases due in 2020 are in 4Q20. We do not see any major risk
as negotiations are already underway and there are no indications of non-renewals.
MQREIT’s WALE is 4.6 years.

Posted by Pinky > 2021-01-18 09:49 | Report Abuse

New name new beginning hahaha

Go go SENTRAL!

Posted by Pinky > 2021-01-18 10:43 | Report Abuse

Today should announce dividend. Hope that it maintain same

Posted by tws13282 > 2021-01-18 18:39 | Report Abuse

it will be more

Posted by Yippy68 > 2021-01-18 19:36 | Report Abuse

above 4 sen

Posted by Pinky > 2021-01-19 13:05 | Report Abuse

Results announced. Slightly better.

Posted by Pinky > 2021-01-19 13:09 | Report Abuse

Presentation slides:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=110853&name=EA_GA_ATTACHMENTS

Posted by derricksyl > 2021-01-19 15:27 | Report Abuse

Income Distribution RM 0.0365

Posted by fortunefire > 2021-01-19 17:21 | Report Abuse

this reit outperformed among other reits today. Great job!

Posted by Pinky > 2021-01-20 09:55 | Report Abuse

As I said before, this REIT though an office REIT, majority are held by big tenants. Quite secure if u compare to say, UOAREIT.

Posted by nuke > 2021-01-20 16:30 | Report Abuse

Dividend payout more than earnings. When they want traders to buy their shares, this is what many companies do.

Posted by Pinky > 2021-01-20 16:37 | Report Abuse

REITs are compelled to distribute at least 90% of their realised, distributable earnings.

And not all earnings are realised. Revaluation losses are not taken into account in determining distributable earnings.

Posted by 24HoursProducing > 2021-01-24 12:50 | Report Abuse

I still afraid to all in. Now playing much diversification, the bad can be good;the good can be bad.

Posted by 24HoursProducing > 2021-01-24 12:51 | Report Abuse

No counter is secured now.

Posted by kllee > 2021-01-24 23:55 | Report Abuse

ya, agee .

Posted by fortunefire > 2021-01-25 11:46 | Report Abuse

The only reit in green this morning.

Posted by Pinky > 2021-01-25 12:29 | Report Abuse

Topped up.

Annualised net yield is 7.0% at current price.

Posted by Pinky > 2021-01-25 17:39 | Report Abuse

@kinuxian my topup is small change compared to his la hahaha

Posted by 24HoursProducing > 2021-01-25 19:34 | Report Abuse

Cost at 0.92,will top up if dropping. I got confidence always in reit

Posted by UncleFollower > 2021-01-27 22:05 | Report Abuse

I bought less cos i really tot hsbc moving out...forum fake news lol

Posted by Pinky > 2021-01-27 22:23 | Report Abuse

Aiya even if HSBC moving out its only a small % of overall portfolio la

Posted by mingtee3 > 2021-02-08 15:40 | Report Abuse

Better than fixed deposit.......all the time!

Posted by Yippy68 > 2021-02-21 07:21 | Report Abuse

right time to withdraw all FD and dump to reits... buy those without involve in Mall, sentral reit, uoareit even Atrium can get better income compare to fd

Posted by mingtee3 > 2021-02-21 17:31 | Report Abuse

Yippy68......u r right......

Posted by 24HoursProducing > 2021-02-24 09:51 | Report Abuse

Haha, always top up in reit during certain or uncertain period

Posted by yingzhe17 > 2021-03-09 11:07 | Report Abuse

Hsbc is moving out to their TRX building in Feb 2022. Not spreading any fake rumor as this was informed by a staff there. Sharing info for portfolio analysis not any fake news to press it down.

Posted by Pinky > 2021-03-09 11:50 | Report Abuse

@yingzhe17 HSBC moving into TRX out from their office along Jln Sultan Ismail is it?

HSBC occupying this property of Sentral REIT:
https://www.mrcbquillreit.com/quill-building-2-hsbc/

For its data/shared service centre:
HSBC Electronic Data Processing (Malaysia) Sdn Bhd, a wholly
owned subsidiary of HSBC Overseas Holdings (UK) Ltd.

Please confirm your info, are they moving BOTH to TRX or just the Sultan Ismail branch?

Posted by yingzhe17 > 2021-03-09 12:05 | Report Abuse

Call agents to ask as well. They doing pre leasing as well for balance of the space.

http://corporateoffice.my/hsbc-corporate-office-tower-trx-0

Posted by Pinky > 2021-03-09 13:20 | Report Abuse

@yingzhe17

Access denied
You are not authorized to access this page.

That is for...TRX?

Posted by Pinky > 2021-03-09 13:31 | Report Abuse

Anyway I think the current dividend yield is still attractive. HSBC moving out of Cyberjaya property might impact earnings by...5%?

Posted by yingzhe17 > 2021-03-23 09:42 | Report Abuse

Kinoxuan, hsbc if not mistaken alt side is at Manila for this center as they don’t service local.

Posted by yixiang89 > 2021-03-25 11:13 | Report Abuse

https://www.edgeprop.my/content/1819312/ibm-shut-down-cyberjaya-global-delivery-centre-may-31
IBM is quitting, will there be new tenant come in soon to secure the building occupancy?

Posted by yixiang89 > 2021-03-25 11:37 | Report Abuse

Thanks for the info @kinuxian. I just started to look into this counter, and came across this IBM news.

Posted by Pinky > 2021-03-25 11:58 | Report Abuse

@yixiang89 u must be scared hahahahaha

That property is sold la

Posted by Pinky > 2021-03-25 15:38 | Report Abuse

Funny, why today so high volume selling. Hmm...

Posted by Pinky > 2021-03-29 09:45 | Report Abuse

@kunuxian

"HSBC Bank Malaysia Bhd is currently focused on relocating its head office-based teams in Leboh Ampang, Kuala Lumpur (KL), to Tun Razak Exchange (TRX), which is expected to be executed via a phased approach."

Key words - HEAD OFFICE-BASED TEAMS

Quill Building 2 is renting to HSBC Electronic Data Processing (Malaysia) Sdn Bhd, a wholly owned subsidiary of HSBC Overseas Holdings (UK) Ltd. Global shared service of HSBC.

I "THINK" no impact to Sentral REIT.

Posted by Pinky > 2021-03-29 14:49 | Report Abuse

Weird, today volume quite high compared to usual, and under selling pressure. Hmm...

Posted by kllee > 2021-04-04 18:24 | Report Abuse

Any latest news on sentral reits ?

Posted by Pinky > 2021-04-04 20:08 | Report Abuse

What news you want?

Posted by reitpulse > 2021-04-29 07:07 |

Post removed.Why?