UOA Real Estate Investment Trust (UOA REIT) invests in commercial real estates that are primarily used for office purposes. UOA REIT was listed on 28 November 2005 with an initial portfolio of 3 properties valued at RM 310.5 million. Since then, it has acquired 3 additional properties, thus, enlarging its portfolio to 6 properties valued at RM 1.13 billion as at 30 September 2017.
In this article, I’ll share 9 quick facts that you need to know about UOA REIT before you invest.
#1: Stock Symbol
Ticker Symbol: KLSE: UOAREIT / KLSE: 5110
Market Capitalization: RM 680.8 Million (10 December 2017)
Share Price: RM 1.61 (10 December 2017)
Syariah Compliant: No
#2: The Business
UOA REIT derives income from 6 properties. They are:
- UOA Centre Parcels
It owns 28 strata titles in a 33-storey office building known as UOA Centre located at Jalan Pinang, …