I am not a fan of REIT, as I'm purely looking for growth in the stock market.
I have only invested in CMMT before, as I like Gurney Plaza and the possible acquisition of Queensbay Mall.
However, I do not rule out that I will buy REITs again in the future, as investment style will change with time.
Again, I received the table below from HLIB. I will put it up here for future reference.
It seems like popular REITs such as SunREIT & IGBREIT do not give high yield compared to peers, I think it is mainly because their share price has appreciated more than others recently.
Anyway, all still give decent yield of more than 5%.
Will investors seek shelter in REITs this year?
To know more about Malaysia's REIT, you can go to Malaysia REIT site.
| Peers Comparison | ||||||||||||||||||||||||||
| Companies | Mktcap | 2014 | 01/06/2015 | 52-wk | 52-wk | Chgs fr | Chgs fr | FY14 | FY15 | FY14 | FY15 | |||||||||||||||
| (RM'm) | chgs | (RM) | High | Low | 52w High | 52w low | DPS | DPS | DY | DY | ||||||||||||||||
| (RM) | (RM) | (RM) | (RM) | |||||||||||||||||||||||
| ARREIT | 461.44 | -15.5% | 0.81 | 1.01 | 0.77 | -20.3% | 4.5% | 0.08 | 0.08 | 9.9% | 9.9% | |||||||||||||||
| TWRREIT | 345.02 | -12.1% | 1.23 | 1.54 | 1.16 | -20.1% | 6.0% | 0.12 | 0.12 | 9.8% | 9.8% | |||||||||||||||
| AMFIRST | 624.63 | -9.0% | 0.91 | 1.02 | 0.85 | -10.8% | 7.1% | 0.07 | 0.08 | 7.7% | 8.8% | |||||||||||||||
| ATRIUM | 143.73 | -6.9% | 1.18 | 1.33 | 1.16 | -11.3% | 1.7% | 0.09 | 0.10 | 7.6% | 8.5% | |||||||||||||||
| UOAREIT | 596.25 | 2.4% | 1.41 | 1.47 | 1.33 | -4.1% | 6.0% | 0.10 | 0.11 | 7.1% | 7.8% | |||||||||||||||
| QCAPITAL | 468.16 | 2.8% | 1.20 | 1.21 | 1.00 | -0.8% | 20.0% | 0.09 | 0.09 | 7.2% | 7.7% | |||||||||||||||
| HEKTAR | 592.94 | 1.2% | 1.48 | 1.55 | 1.42 | -4.5% | 4.2% | 0.11 | 0.11 | 7.6% | 7.4% | |||||||||||||||
| YTLREIT | 1317.77 | 0.7% | 1.00 | 1.05 | 0.89 | -5.2% | 12.4% | 0.06 | 0.07 | 6.0% | 7.0% | |||||||||||||||
| CMMT | 2504.26 | 5.5% | 1.41 | 1.54 | 1.32 | -8.4% | 6.8% | 0.09 | 0.10 | 6.5% | 6.9% | |||||||||||||||
| AHP | 112.00 | 3.2% | 1.12 | 1.23 | 1.09 | -8.9% | 2.8% | 0.07 | 0.07 | 6.6% | 6.6% | |||||||||||||||
| ALAQAR | 953.83 | 6.8% | 1.37 | 1.55 | 1.24 | -11.6% | 10.5% | 0.09 | 0.09 | 6.2% | 6.4% | |||||||||||||||
| IGBREIT | 4328.37 | 13.3% | 1.26 | 1.35 | 1.12 | -6.7% | 12.5% | 0.07 | 0.07 | 5.5% | 5.8% | |||||||||||||||
| SUNREIT | 4506.55 | 24.8% | 1.54 | 1.60 | 1.23 | -3.8% | 25.2% | 0.08 | 0.09 | 5.2% | 5.8% | |||||||||||||||
| AXREIT | 1628.17 | 25.6% | 3.53 | 3.70 | 2.80 | -4.6% | 26.1% | 0.20 | 0.20 | 5.8% | 5.7% | |||||||||||||||
| PAVREIT | 4367.12 | 17.5% | 1.45 | 1.53 | 1.23 | -5.2% | 17.9% | 0.08 | 0.08 | 5.4% | 5.5% | |||||||||||||||
| KLCC | 12005.46 | 12.8% | 6.65 | 7.00 | 5.47 | -5.0% | 21.6% | 0.33 | 0.35 | 5.0% | 5.2% | |||||||||||||||
| Sources: Bursa, Bloomberg | ||||||||||||||||||||||||||
I think that including a REIT in ur portfolio is a good idea, very defensive. I have cmmt, it's the longest holding in my portfolio besides ytl. The other familiar ones are sunreit & igbreit
ReplyDeleteWhat would u prefer?
I will buy REITs when I'm close to retirement, so not at the moment :)
DeleteI like SUNREIT which is backed by the great Sunway, but I would prefer anything with higher yield if can. Not really study many of them...
Why the popular shopping mall like pavilion, midvalley, sunway pyramid doesn't bring their reit's dividen yield higher compared to others?
Delete