StarhillGbl Reit    Last:0.535    -0.005

Starhill Global Reits

I think can Wait for 60 cents

yellowveggiez      ( Date: 12-Jun-2018 11:41) Posted: good time to buy?

 

good time to buy?

 

I think come April DPU may drop lower again! Is it a Gd time to look at this counter !
Spore share blog

 

Ecommerce are for low end products , can never replace high end retailers .

halleluyah      ( Date: 09-Mar-2018 09:34) Posted: retail reits not so gd...taken by ecommerce...int rate on the rising too.....

 

retail reits not so gd...taken by ecommerce...int rate on the rising too.....

 

Yeap, Uniqlo will be the main tenant after the asset redevelopment work in Perth.

https://thewest.com.au/business/fast-fashion-chain-uniqlo-says-hello-to-perth-store-ng-b88711947z

serious      ( Date: 07-Mar-2018 10:38) Posted: I still own this reit , but jut wonder why the DPU drop from 1.3 cents to 1.17 cents in last Q ? casarasa      ( Date: 28-Feb-2018 10:13) Posted: i believe results will be much better in the 2nd half of 2018 once the asset redevelopment work in Perth is completed and the reits starts to gets its rental income.  Yield of 6+% is still not bad.

 

I still own this reit , but jut wonder why the DPU drop from 1.3 cents to 1.17 cents in last Q ?

casarasa      ( Date: 28-Feb-2018 10:13) Posted: i believe results will be much better in the 2nd half of 2018 once the asset redevelopment work in Perth is completed and the reits starts to gets its rental income.  Yield of 6+% is still not bad.

 

i believe results will be much better in the 2nd half of 2018 once the asset redevelopment work in Perth is completed and the reits starts to gets its rental income.  Yield of 6+% is still not bad.

 

retail is risky business. Yields need to be above 7% for this reit to be worth the risk

yellowveggiez      ( Date: 26-Feb-2018 16:09) Posted: anyone buying this?

 

anyone buying this?

 

Though they have good management and assets ?

 

Agree drop too much

 

DPU drop to 1.17 cents only , drop too much already !

 

Brokers' take: OCBC cuts Starhill Global Reit to ' hold'
on Singapore office weakness
Wed, Nov 01, 2017 - 10:00 AM

OCBC Investment Research has downgraded Starhill Global Reit to a " hold" after occupancy in its Singapore office portfolio
fell sharply in the latest quarter.

The broker cut its target price for the counter to 77 Singapore cents from 82 cents previously. As at 9.32am
on Wednesday, Starhill Global units were trading at 77 Singapore cents, unchanged on the day.

Starhill Global, an office and retail real estate investment trust (Reit) whose assets include the Ngee Ann City and Wisma Atria
malls, said on Oct 27 that net property income slipped 3.5 per cent year on year to S$41.4 million. Singapore office occupancy
fell 11.2 percentage points to 83.5 per cent, largely from Ngee Ann City.

The Reit has " highlighted that it is currently in the process of finalising terms with prospective tenants for approximately one-third
of the vacant spaces" . " Notwithstanding this development, downtime is expected given the fit-out period for new tenants, while
rental pressures are also likely to persist," OCBC wrote in a research report.

OCBC has cut its distribution per unit forecast for the Reit by 3.1 per cent for FY2018 and by 3.8 per cent for FY2019. OCBC' s new recommendation matches a " hold" call by CIMB on Oct 30. CIMB said that it expects near-term earnings growth
" to remain sluggish as it works through the drag from its Singapore office portfolio" and ongoing renovations at Plaza Arcade.

 

What is the direction for this reits. It doesn't seem to move as compared to others.

 

alot of buying in 2017

info c/o morningstar

Vanguard Group Inc		Premium	32,310,957	826,600	1.48	0		02/28/2017
Dimensional Fund Advisors LP		Premium	17,639,900	410,800	0.82	0.22		01/31/2017
TMB Asset Management Co. Ltd		Premium	15,115,600	5,376,300	0.69	2.71		12/31/2016
AEGON Scottish Equitable		Premium	10,357,196	3,659,596	0.47	0.05		01/31/2017
BlackRock Fund Advisors		Premium	8,604,600	0	0.40	0.01		03/22/2017

 

don' t think so. looks like they doing novations between their entities. there are no considerations paid

AIA Investment Management Private Limited assumed investment management of the above mentioned

basantd      ( Date: 01-Feb-2017 17:24) Posted: AIA picked up big amount  http://infopub.sgx.com/FileOpen/_Starhill%20Global%20Reit%20Form%203.ashx?App=Announcement& FileID=436856   Announce Date 24/01/17 AIA Investment Management Private Limited  Units169,183 ,000

 

AIA picked up big amount 

http://infopub.sgx.com/FileOpen/_Starhill%20Global%20Reit%20Form%203.ashx?App=Announcement& FileID=436856

 

Announce Date 24/01/17

AIA Investment Management Private Limited 

Units169,183 ,000

 

u mean it going to 76 - 77?

basantd      ( Date: 03-Nov-2016 15:56) Posted: Ecekca don't aim to low and miss the boat lah 76-77 already is good

 

Ecekca don't aim to low and miss the boat lah 76-77 already is good