January 2008

Results Announcement Dates

  • 16 Jan 08 (AM) – CRCT (Tables Updated)
  • 16 Jan 08 – FSL (Tables Updated)
  • 18 Jan 08 – AREIT (Tables Updated)
  • 22 Jan 08 (AM) – CMT (Tables Updated)
  • 22 Jan 08 (Noon) – FirstREIT (Tables Updated)
  • 22 Jan 08 – PST (Tables Updated)
  • 23 Jan 08 (AM) – AscottREIT (Tables Updated)
  • 23 Jan 08 – KREIT (Tables Updated)
  • 23 Jan 08 – FrasersCT (Tables Updated)
  • 23 Jan 08 – MapleTree (Tables Updated)
  • 23 Jan 08 – a-iTrust (Tables Updated)
  • 24 Jan 08 (AM) – CCT (Tables Updated)
  • 29 Jan 08 (AM) – Cambridge (Tables Updated)
  • 29 Jan 08 – Fortune (Tables Updated)
  • 30 Jan 08 (AM) – MMP (Tables Updated)
  • 30 Jan 08 – CDL HTrust (Tables Updated)
  • 30 Jan 08 – Suntec (Tables Updated)
  • 12 Feb 08 – Saizen
  • 13 Feb 08 – CitySpring

Average Yield = 6.801%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

LMIR

FY08 – IPO

5.84

S$0.60

9.733%

S$0.91

Malls – Indonesia

Cambridge

Q4 : Dec-07

1.258

S$0.635

9.641%

S$0.76

Industrial

First REIT

Q4 : Dec-07

1.76

S$0.73

9.562%

S$0.924

Hospitals + Hotel (Indonesia)

AllCo

Q3 : Sep-07

1.59

S$0.67

9.388%

S$1.34

Malls + Office (S’pore and Aust)

MI-REIT

Q2 : Sep-07

1.86

S$0.90

8.200%

S$1.28

Industrial

MapleTree

Q4 : Dec-07

1.78

S$0.92

7.739%

S$0.92

Industrial

K-REIT

2H : Dec-07

4.99

S$1.50

6.653%

S$3.73

Office

A-REIT

Q3 : Dec-07

3.56

S$2.17

6.562%

S$1.45

Industrial

AscottREIT

2H : Dec-07

4.10

S$1.26

6.508%

S$1.60

Serviced Apts (Regional)

Saizen

FY08 – IPO

5.30

S$0.82

6.463%

S$1.05

Residential (Japan)

Fortune

2H : Dec-07

17.42

HK$5.50

6.335%

HK$9.04

Malls (HK)

MMP

Q4 : Dec-07

1.68

S$1.06

6.292%

S$1.61

Malls + Office

Suntec

Q1: Dec-07

2.2786

S$1.49

6.067%

S$2.24

Malls + Office

PLife

2H07 : IPO

3.03

S$1.12

5.419%

S$1.25

Hospitals

FrasersCT

Q1 : Dec-07

1.61

S$1.21

5.322%

S$1.16

Malls

CMT

Q4 : Dec-07

2.34

S$2.96

5.247%

S$2.21

Malls + Office

CDL HTrust

Q4 : Dec-07

2.76

S$2.09

5.239%

S$1.61

Hotels

CapitaRChina

2H : Dec-07

3.51

S$1.53

4.588%

S$0.98

Malls (China)

CCT

2H : Dec-07

4.47

S$2.08

4.264%

S$2.80

Office

NOTES :

  • Mkt Price is as on 31-Jan-08
  • Suntec : Annualised DPU = 9.04ct ; Actual Payout 1.5738ct for the Period 31-Oct-07 to 31-Dec-07 (0.7048ct Already Paid for 1-Oct-07 to 30-Oct-07)
  • CDL HTrust : Annualised DPU (Q407) = 10.95ct ; Actual Payout = 4.61ct for Period 19-Jul-07 to 31-Dec-07
  • MMP : Annualised DPU = 6.67ct
  • Cambridge : Annualised DPU = 6.122ct for Period 18-Oct-07 to 31-Dec-07
  • CCT : Annualised DPU = 8.87ct
  • First REIT : Annualised DPU = 6.98ct
  • CMT : Annualised DPU = 15.53ct for Period 7-Nov-07 to 31-Dec-07
  • CapitaRChina : Annualised DPU = 7.02ct
  • LMIR : IPO Forecast – FY07 (Dec07) : 2.74ct (Annualised for 1-Jul-07 to 31-Dec-07) ; FY08 : 5.84ct ; FY09 : 6.27ct
  • Saizen : IPO Forecast – FY09 (Jun09) : 5.65ct ; FY08 (Jun08) : 4.67ct (Incl. Bonus Div) / Annualised Yield 5.3% @ $1 (Excl. Bonus Div) / 6.51% (Incl Bonus Div)
  • Cambridge : Q307 – DPU 1.7ct ; Annualised DPU = 6.745ct ; Actual DPU Payout 2.01ct (for the period 1-Jul-07 to 17-Oct-07)
  • AllCo : Annualised DPU = 6.29ct ; No Div Payout (Semi-Annual Policy)
  • MI-REIT : Annualised DPU = 7.38ct
  • PLife : IPO Forecast – 2H07 : 3.3ct ; FY08 : 6.25ct ; FY09 : 6.39ct

Shipping Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

PacShipTr US$

Q4 : Dec-07

1.10

$0.405

10.864%

$0.43

Shipping Trust

FSL Trust

Q4 : Dec-07

2.42

S$1.02

13.446%

$0.92

Shipping Trust

Rickmers

Q3 : Sep-07

2.14

S$1.06

11.441%

$1.01

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.4168:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 9.68ct
  • Rickmers : Annualised DPU 8.56ct
  • FSL : SGX Annc (9-Nov-07) Quarterly DPU Forecast (Pg 16) – 2.418ct (Q407) ; 2.608ct (FY08) ; 2.608ct (1H09)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q2 : Sep-07

1.60

$0.775

8.258%

$0.80

Infrastructure – Water, Gas

AscendasIndT

Q3 : Dec-07

1.50

$1.07

5.607%

$1.14

India – Industrial Park

HWT

FY08 : IPO

4.46

$0.73

6.110%

$0.73

China – Water Plant

NOTES :

  • a-iTrust : No Div Payout (Semi-Annual Policy)
  • HWT : Listing on 3-Dec-07 2PM
  • HWT : IPO Forecast – 4.46ct (FY08) – Sponsor (25% s/h) undertaken to waive entitlement to distributions, else DPU 3.34ct (Yield 4.282% @ $0.78) ; 5.06ct (FY09) – Yield 6.744% @ $0.78

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