Shares & Derivatives
CapitaCommercial Trust Attractive at more than 7% yield Q3 FY2011
By Investment Moats  •  October 14, 2011
CapitaCommercial Trust Attractive at more than 7% yield Q3 FY2011 capitacommercial 300x156 Commercial Offices Trusts are REITs that I seldom covered, but they have been beaten down pretty badly in this market. Checkout K-REIT, Suntec REIT, CapitaCommercial Trust and their prevailing yields. Why is it the industrial REITs, retail and healthcare REITs were able to held up much better than them? I believe the primarily reason are
  1. Capital Intensive Purchases that we do not know whether makes sense. Read MBFC purchase by Suntec and Asset Enhancement by CapitaCommerical Trust.
  2. Weakening of rent revisions for office buildings
CapitaCommercial Trust (CCT) looks a good proxy if you think the market will improve in the long term. Yesterday CCT announced their Q3 earnings. At Investment Moats we recently got vested with 2 tiny lots. I thought it’s a good idea to do a snapshot at how CapitaCommercial Trust look.
  1. Quarter revenue was 8.9% lower, NPI 9.2% lower and distributable income 7.8% lower ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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