Category: Yield

 

February 2009

Result Announcement:

  • 3 Feb 09 (AM) : LMIR (Tables Updated)
  • 9 Feb 09 (AM) : MI-REIT (Tables Updated)
  • 9 Feb 09 : Rickmers (Table Updated)
  • 13 Feb 09 : CitySpring (Table Updated)
  • 13 Feb 09 : Saizen (Tables Updated)
  • 14 Feb 09 : IndiaBulls (Table Updated – NAV Only)
  • 20-Feb 09 : HWT (Table Updated)

Average Yield = 19.652% / 16.889% (Excl. Saizen, MI-REIT & LMIR)

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

Saizen

FY08 – IPO

5.30

S$0.10

53.000%

S$1.04

Residential (Japan)

MI-REIT

Q3 : Dec-08

2.35

S$0.215

43.721%

S$1.27

Industrial

FrasersComm

2H : Dec-08

2.36

S$0.16

29.500%

S$0.97

Malls + Office (S’pore and Aust)

AscottREIT

2H : Dec-08

4.28

S$0.36

23.778%

S$1.47

Serviced Apts (Regional)

Cambridge

Q4 : Dec-08

1.373

S$0.23

23.748%

S$0.74

Industrial

Suntec

Q1: Dec-08

2.858

S$0.575

19.720%

S$1.984

Malls + Office

K-REIT

2H : Dec-08

5.07

S$0.54

18.778%

S$2.19

Office

CDL HTrust

2H : Dec-08

4.73

S$0.51

18.549%

S$1.42

Hotels

First REIT

Q4 : Dec-08

1.94

S$0.445

17.439%

S$0.9321

Hospitals + Hotel (Indonesia)

Fortune

2H : Dec-08

18.51

HK$2.27

16.308%

HK$7.58

Malls (HK)

Starhill Gbl

Q4 : Dec-08

1.85

S$0.465

15.828%

S$1.42

Malls + Office

CCT

2H : Dec-08

5.81

S$0.755

15.311%

S$2.92

Office

MapleTree

Q4 : Dec-08

1.46

S$0.39

14.974%

S$0.87

Industrial

A-REIT

Q3 : Dec-08

4.05

S$1.26

12.857%

S$1.77

Industrial

CapitaRChina

2H : Dec-08

4.28

S$0.67

12.776%

S$1.21

Malls (China)

FrasersCT

Q1 : Dec-08

1.67

S$0.61

10.951%

S$1.22

Malls

CMT

Q4 : Dec-08

3.65

S$1.43

10.154%

S$2.41

Malls + Office

PLife

Q4 : Dec-08

1.84

S$0.77

9.558%

S$1.32

Hospitals

LMIR

Q4 : Dec-08

0.3

S$0.185

6.432%

S$0.7113

Malls – Indonesia

NOTES :

  • Mkt Price is as on 27-Feb-09
  • Saizen : No Payout for 1H09 (Dec-08) ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
  • LMIR : Annualised DPU = 1.19ct
  • Cambridge : Annualised DPU = 5.462ct
  • CDL HTrust : 90% Payout
  • StarHill Gbl : Annualised DPU = 7.36ct
  • PLife : Annualised DPU = 7.36ct
  • FrasersCT : 90% Payout
  • Suntec : Annualised DPU = 11.339ct
  • CMT : Annualised DPU = 14.52ct
  • FrasersComm : Q$08 DPU 1.26ct (Annualised 5.01ct) ; Above Yield Table Uses 2H08 DPU Payout
  • CRCT : Q408 DPU 2.27ct (Annualised 9.03ct) ; Above Yield Table Uses 2H08 DPU Payout
  • CCT : Annualised DPU = 11.56ct
  • 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)
  • 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-08

0.93

US$0.15

24.800%

$0.40

Shipping Trust

FSL Trust

Q4 : Dec-08

3.08

S$0.345

55.179%

$0.75

Shipping Trust

Rickmers

Q4 : Dec-08

2.25

S$0.345

40.310%

$0.82

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.5452:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 12.32ct
  • FSL : SGX Annc (21-Jan-09) Quarterly DPU Forecast – Q109 US2.45ct (75-80% Payout)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q3 : Dec-08

1.75

$0.51

13.725%

$0.11*

Infrastructure – Water, Gas

AscendasIndT

Q3 : Dec-08

2.02

$0.52

15.538%

$0.94

India – Industrial Park

HWT

2H : Dec-08

1.91

$0.32

11.938%

$0.80

China – Water Plant

Indiabulls

FY09 – IPO

5.12

$0.18

28.444%

$1.1337

India – Office

NOTES :

  • HWT : Actual Payout DPU = 2.79ct Due to Sponsor Waiver
  • HWT : FY09 DPU Forecast = 5.42ct
  • CitySpring : The Group NAV per unit before hedging and translation reserves is S$0.60
  • a-iTrust : DPU Not Paid as Semi-Annual Payout Policy
  • Indiabulls : Listing on 11-Jun-08 2PM
  • Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
  • HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
  • 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

January 2009

Result Announcement:

  • 15 Jan 09 : A-Reit (Tables Updated)
  • 19 Jan 09 : K-REIT (Tables Updated)
  • 20 Jan 09 (AM) : CCT (Tables Updated)
  • 20 Jan 09 : PST (Tables Updated)
  • 21 Jan 09 (AM) : CRCT (Tables Updated)
  • 21 Jan 09 : Fortune (Tables Updated)
  • 21 Jan 09 (Noon) : FSL (Table Updated)
  • 22 Jan 09 (AM) : FCOT (Tables Updated)
  • 22 Jan 09 (AM) : FirstREIT (Tables Updated)
  • 22 Jan 09 (AM) : CMT (Tables Updated)
  • 22 Jan 09 : Mapletree (Tables Updated)
  • 23 Jan 09 (AM) : Suntec (Tables Updated)
  • 23 Jan 09 (AM) : ART (Tables Updated)
  • 23-Jan-09 : FrasersCT (Tables Updated)
  • 29 Jan 09 : PLife (Tables Updated)
  • 29 Jan 09 : a-iTrust (Table Updated)
  • 30 Jan 09 (AM) : StarHill Gbl (Tables Updated)
  • 30 Jan 09 : CDL HTrust (Tables Updated)
  • 31 Jan 09 : Cambridge (Tables Updated)
  • 9 Feb 09 : MI-REIT
  • 13 Feb 09 : CitySpring
  • 13 Feb 09 : Saizen

Average Yield = 17.831% / 14.791% (Excl. Saizen & MI-REIT)

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

Saizen

FY08 – IPO

5.30

S$0.105

50.476%

S$1.05

Residential (Japan)

MI-REIT

Q2 : Sep-08

2.35

S$0.255

36.863%

S$1.30

Industrial

LMIR

Q3 : Sep-08

1.6

S$0.285

22.281%

S$0.9598

Malls – Indonesia

FrasersComm

2H : Dec-08

2.36

S$0.23

20.522%

S$0.97

Malls + Office (S’pore and Aust)

Cambridge

Q4 : Dec-08

1.373

S$0.285

19.165%

S$0.74

Industrial

First REIT

Q4 : Dec-08

1.94

S$0.45

17.244%

S$0.9321

Hospitals + Hotel (Indonesia)

Suntec

Q1: Dec-08

2.858

S$0.66

17.180%

S$1.984

Malls + Office

Fortune

2H : Dec-08

18.51

HK$2.25

16.453%

HK$7.58

Malls (HK)

K-REIT

2H : Dec-08

5.07

S$0.625

16.224%

S$2.19

Office

AscottREIT

2H : Dec-08

4.28

S$0.56

15.286%

S$1.47

Serviced Apts (Regional)

MapleTree

Q4 : Dec-08

1.46

S$0.385

15.169%

S$0.87

Industrial

CDL HTrust

2H : Dec-08

4.73

S$0.65

14.554%

S$1.42

Hotels

Starhill Gbl

Q4 : Dec-08

1.85

S$0.515

14.291%

S$1.42

Malls + Office

CCT

2H : Dec-08

5.81

S$0.955

12.105%

S$2.92

Office

CapitaRChina

2H : Dec-08

4.28

S$0.725

11.807%

S$1.21

Malls (China)

A-REIT

Q3 : Dec-08

4.05

S$1.46

11.096%

S$1.77

Industrial

FrasersCT

Q1 : Dec-08

1.67

S$0.69

9.681%

S$1.22

Malls

PLife

Q4 : Dec-08

1.84

S$0.79

9.316%

S$1.32

Hospitals

CMT

Q4 : Dec-08

3.65

S$1.60

9.075%

S$2.41

Malls + Office

NOTES :

  • Mkt Price is as on 30-Jan-09
  • Cambridge : Annualised DPU = 5.462ct
  • CDL HTrust : 90% Payout
  • StarHill Gbl : Annualised DPU = 7.36ct
  • PLife : Annualised DPU = 7.36ct
  • FrasersCT : 90% Payout
  • Suntec : Annualised DPU = 11.339ct
  • CMT : Annualised DPU = 14.52ct
  • FrasersComm : Q$08 DPU 1.26ct (Annualised 5.01ct) ; Above Yield Table Uses 2H08 DPU Payout
  • CRCT : Q408 DPU 2.27ct (Annualised 9.03ct) ; Above Yield Table Uses 2H08 DPU Payout
  • CCT : Annualised DPU = 11.56ct
  • LMIR : Annualised DPU = 6.35ct
  • Saizen : Actual Payout 4.67ct as per IPO Forecast ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
  • KREIT : FY08 DPU Forecast 7.53ct (8-for-5 Rights @ $1.39)
  • 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)
  • 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-08

0.93

US$0.15

24.800%

$0.40

Shipping Trust

FSL Trust

Q4 : Dec-08

3.08

S$0.43

43.240%

$0.75

Shipping Trust

Rickmers

Q3 : Sep-08

2.25

S$0.37

36.710%

$0.96

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.5092:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 12.32ct
  • FSL : SGX Annc (21-Jan-09) Quarterly DPU Forecast – Q109 US2.45ct (75-80% Payout)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q2 : Sep-08

1.75

$0.52

13.462%

$0.52

Infrastructure – Water, Gas

AscendasIndT

Q3 : Dec-08

2.02

$0.515

15.689%

$0.94

India – Industrial Park

HWT

Q3 : Sep-08

1.3

$0.30

17.333%

$0.78

China – Water Plant

Indiabulls

FY09 – IPO

5.12

$0.20

25.600%

$1.185

India – Office

NOTES :

  • a-iTrust : DPU Not Paid as Semi-Annual Payout Policy
  • HWT : DPU = 0.91ct if No Sponsor waiver ; DPU Not Paid Out as Semi-Annual Payout Policy
  • Indiabulls : Listing on 11-Jun-08 2PM
  • Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
  • HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
  • 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

December 2008

Average Yield = 17.755%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

Saizen

FY08 – IPO

5.30

S$0.13

40.769%

S$1.05

Residential (Japan)

MI-REIT

Q2 : Sep-08

2.35

S$0.255

36.863%

S$1.30

Industrial

Cambridge

Q3 : Sep-08

1.49

S$0.275

21.556%

S$0.76

Industrial

LMIR

Q3 : Sep-08

1.6

S$0.31

20.484%

S$0.9598

Malls – Indonesia

FrasersComm

Q3 : Sep-08

1.11

S$0.235

18.809%

S$1.20

Malls + Office (S’pore and Aust)

First REIT

Q3 : Sep-08

1.92

S$0.405

18.765%

S$0.9214

Hospitals + Hotel (Indonesia)

AscottREIT

Q3 : Sep-08

2.61

S$0.58

18.000%

S$1.58

Serviced Apts (Regional)

Fortune

Q3 : Sep-08

8.65

HK$1.99

17.387%

HK$8.90

Malls (HK)

Suntec

Q4: Sep-08

2.854

S$0.71

15.990%

S$2.232

Malls + Office

CDL HTrust

Q3 : Sep-08

2.93

S$0.73

15.973%

S$1.56

Hotels

MapleTree

Q3 : Sep-08

1.84

S$0.35

15.904%

S$0.84

Industrial

CCT

Q3 : Sep-08

3.10

S$0.895

13.777%

S$3.11

Office

MP REIT

Q3 : Sep-08

1.78

S$0.52

13.615%

S$1.59

Malls + Office

CapitaRChina

Q3 : Sep-08

2.01

S$0.60

13.350%

S$1.16

Malls (China)

K-REIT

Q3 : Sep-08

2.34

S$0.70

13.257%

S$2.19

Office

FrasersCT

Q4 : Sep-08

2.05

S$0.63

13.016%

S$1.24

Malls

A-REIT

Q2 : Sep-08

4.01

S$1.37

11.708%

S$1.81

Industrial

CMT

Q3 : Sep-08

3.64

S$1.59

9.107%

S$2.39

Malls + Office

PLife

Q3 : Sep-08

1.71

S$0.76

9.013%

S$1.34

Hospitals

NOTES :

  • Mkt Price is as on 31-Dec-08
  • Fortune : DPU Not Paid as Semi-Annual Payout Policy
  • PLife : Annualised DPU = 6.85ct
  • FrasersComm : Annualised DPU = 4.42ct ; DPU Not Paid as Semi-Annual Payout Policy
  • Suntec : Annualised DPU = 11.353ct
  • Cambridge : Annualised DPU = 5.928ct
  • CDL HTrust : Annualised DPU = 11.66ct ; DPU Not Paid as Semi-Annual Payout Policy
  • MP REIT : Annualised DPU = 7.08ct
  • CRCT : Annualised DPU 8.01ct ; DPU Not Paid as Semi-Annual Payout Policy
  • LMIR : Annualised DPU = 6.35ct
  • FrasersCT : DPU = 1.59ct + 0.46ct (Income retained from previous quarters)
  • CCT : Annualised DPU = 12.33ct ; DPU Not Paid as Semi-Annual Payout Policy
  • AscottREIT : DPU Not Paid as Semi-Annual Payout Policy
  • MapleTree : Uses MLT-A DPU 0.61ct (Issued on 22-Aug-08) to Compute Annualised Yield in Above Table
  • First REIT : Annualised DPU = 7.60ct
  • CMT : Annualised DPU = 14.48ct
  • KREIT : Annualised DPU = 9.28ct ; DPU Not Paid as Semi-Annual Payout Policy
  • Saizen : Actual Payout 4.67ct as per IPO Forecast ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
  • KREIT : FY08 DPU Forecast 7.53ct (8-for-5 Rights @ $1.39)
  • 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)
  • 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$

Q3 : Sep-08

1.0953

US$0.145

30.215%

$0.40

Shipping Trust

FSL Trust

Q3 : Sep-08

3.05

S$0.49

35.803%

$0.77

Shipping Trust

Rickmers

Q3 : Sep-08

2.25

S$0.39

33.185%

$0.96

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.4380:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 12.2ct
  • FSL : SGX Annc (12-May-08) Quarterly DPU Forecast – Q208 US2.77ct ; Q308 US3.05ct
  • Rickmers : SGX Annc (5-May-08) Quarterly DPU Forecast (Pg 7) – US 2.25ct (Q308)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q2 : Sep-08

1.75

$0.50

14.000%

$0.52

Infrastructure – Water, Gas

AscendasIndT

1H : Sep-08

3.47

$0.455

15.253%

$0.99

India – Industrial Park

HWT

Q3 : Sep-08

1.3

$0.355

14.648%

$0.78

China – Water Plant

Indiabulls

FY09 – IPO

5.12

$0.26

19.692%

$1.185

India – Office

NOTES :

  • HWT : DPU = 0.91ct if No Sponsor waiver ; DPU Not Paid Out as Semi-Annual Payout Policy
  • Indiabulls : Listing on 11-Jun-08 2PM
  • Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
  • HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
  • 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

November 2008

Result Announcement

  • 3 Nov 08 – FrasersComm (Tables Updated)
  • 4 Nov 08 – PLife (Tables Updated)
  • 4 Nov 08 – Fortune (Tables Updated)
  • 7 Nov 08 (Noon) – MI-REIT (Tables Updated)
  • 11 Nov 08 (Noon) – HWT (Table Updated)
  • 11 Nov 08 – Cityspring (Table Updated)
  • 13 Nov 08 – Saizen (Tables No Updates)
  • 14 Nov 08 – Indiabulls (Table Updated on NAV)

Average Yield = 18.992%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

MI-REIT

Q2 : Sep-08

2.35

S$0.26

36.154%

S$1.30

Industrial

Saizen

FY08 – IPO

5.30

S$0.155

34.194%

S$1.05

Residential (Japan)

Cambridge

Q3 : Sep-08

1.49

S$0.205

28.917%

S$0.76

Industrial

LMIR

Q3 : Sep-08

1.6

S$0.28

22.679%

S$0.9598

Malls – Indonesia

FrasersComm

Q3 : Sep-08

1.11

S$0.215

20.558%

S$1.20

Malls + Office (S’pore and Aust)

AscottREIT

Q3 : Sep-08

2.61

S$0.525

19.886%

S$1.58

Serviced Apts (Regional)

Fortune

Q3 : Sep-08

8.65

HK$1.74

19.885%

HK$8.90

Malls (HK)

CDL HTrust

Q3 : Sep-08

2.93

S$0.61

19.115%

S$1.56

Hotels

First REIT

Q3 : Sep-08

1.92

S$0.40

19.000%

S$0.9214

Hospitals + Hotel (Indonesia)

Suntec

Q4: Sep-08

2.854

S$0.62

18.311%

S$2.232

Malls + Office

CCT

Q3 : Sep-08

3.10

S$0.705

17.489%

S$3.11

Office

CapitaRChina

Q3 : Sep-08

2.01

S$0.475

16.863%

S$1.16

Malls (China)

MapleTree

Q3 : Sep-08

1.84

S$0.335

16.616%

S$0.84

Industrial

K-REIT

Q3 : Sep-08

2.34

S$0.60

15.467%

S$2.19

Office

MP REIT

Q3 : Sep-08

1.78

S$0.49

14.449%

S$1.59

Malls + Office

FrasersCT

Q4 : Sep-08

2.05

S$0.60

13.667%

S$1.24

Malls

A-REIT

Q2 : Sep-08

4.01

S$1.48

10.838%

S$1.81

Industrial

CMT

Q3 : Sep-08

3.64

S$1.70

8.518%

S$2.39

Malls + Office

PLife

Q3 : Sep-08

1.71

S$0.83

8.253%

S$1.34

Hospitals

NOTES :

  • Mkt Price is as on 28-Nov-08
  • Fortune : DPU Not Paid as Semi-Annual Payout Policy
  • PLife : Annualised DPU = 6.85ct
  • FrasersComm : Annualised DPU = 4.42ct ; DPU Not Paid as Semi-Annual Payout Policy
  • Suntec : Annualised DPU = 11.353ct
  • Cambridge : Annualised DPU = 5.928ct
  • CDL HTrust : Annualised DPU = 11.66ct ; DPU Not Paid as Semi-Annual Payout Policy
  • MP REIT : Annualised DPU = 7.08ct
  • CRCT : Annualised DPU 8.01ct ; DPU Not Paid as Semi-Annual Payout Policy
  • LMIR : Annualised DPU = 6.35ct
  • FrasersCT : DPU = 1.59ct + 0.46ct (Income retained from previous quarters)
  • CCT : Annualised DPU = 12.33ct ; DPU Not Paid as Semi-Annual Payout Policy
  • AscottREIT : DPU Not Paid as Semi-Annual Payout Policy
  • MapleTree : Uses MLT-A DPU 0.61ct (Issued on 22-Aug-08) to Compute Annualised Yield in Above Table
  • First REIT : Annualised DPU = 7.60ct
  • CMT : Annualised DPU = 14.48ct
  • KREIT : Annualised DPU = 9.28ct ; DPU Not Paid as Semi-Annual Payout Policy
  • Saizen : Actual Payout 4.67ct as per IPO Forecast ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
  • KREIT : FY08 DPU Forecast 7.53ct (8-for-5 Rights @ $1.39)
  • 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)
  • 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$

Q3 : Sep-08

1.0953

US$0.195

22.468%

$0.40

Shipping Trust

FSL Trust

Q3 : Sep-08

3.05

S$0.45

40.862%

$0.77

Shipping Trust

Rickmers

Q3 : Sep-08

2.25

S$0.41

33.085%

$0.96

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.5072:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 12.2ct
  • FSL : SGX Annc (12-May-08) Quarterly DPU Forecast – Q208 US2.77ct ; Q308 US3.05ct
  • Rickmers : SGX Annc (5-May-08) Quarterly DPU Forecast (Pg 7) – US 2.25ct (Q308)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q2 : Sep-08

1.75

$0.495

14.141%

$0.52

Infrastructure – Water, Gas

AscendasIndT

1H : Sep-08

3.47

$0.435

15.954%

$0.99

India – Industrial Park

HWT

Q3 : Sep-08

1.3

$0.305

17.049%

$0.78

China – Water Plant

Indiabulls

FY09 – IPO

5.12

$0.17

30.118%

$1.185

India – Office

NOTES :

  • HWT : DPU = 0.91ct if No Sponsor waiver ; DPU Not Paid Out as Semi-Annual Payout Policy
  • Indiabulls : Listing on 11-Jun-08 2PM
  • Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
  • HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
  • 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

October 2008

Result Announcement

  • 17 Oct 08 – AREIT (Tables Updated)
  • 20 Oct 08 – KREIT (Tables Updated)
  • 21 Oct 08 (AM) – CMT (Tables Updated)
  • 21 Oct 08 (AM) – FirstREIT (Tables Updated)
  • 21 Oct 08 (AM) – FSL (Table Updated)
  • 21 Oct 08 – Mapletree (Tables Updated)
  • 22 Oct 08 (AM) – ART (Tables Updated)
  • 22 Oct 08 – PST (Table Updated)
  • 23 Oct 08 (AM) – CCT (Table Updated)
  • 23 Oct 08 – FrasersCT (Table Updated)
  • 28 Oct 08 – LMIR (Tables Updated)
  • 29 Oct 08 (AM) – CRCT (Tables Updated)
  • 29 Oct 08 – CDLHTrust (Tables Updated)
  • 29 Oct 08 – MP REIT (Tables Updated)
  • 30 Oct 08 (AM) – Cambridge (Tables Updated)
  • 30 Oct 08 – a-iTrust (Table Updated)
  • 30 Oct 08 – Suntec (Tables Updated)
  • 31 Oct 08 – Rickmers (Table Updated)
  • 4 Nov 08 – PLife
  • 4 Nov 08 – Fortune
  • 7 Nov 08 – MI-REIT
  • 11 Nov 08 – Cityspring

Average Yield = 16.964%

REIT

Period

DPU ct

Price

Yield

NAV

Assets Type

FrasersComm

1H : Jun-08

3.99

S$0.245

28.204%

S$1.39

Malls + Office (S’pore and Aust)

LMIR

Q3 : Sep-08

1.6

S$0.255

24.902%

S$0.9598

Malls – Indonesia

Cambridge

Q3 : Sep-08

1.49

S$0.245

24.196%

S$0.76

Industrial

MI-REIT

Q1 : Jun-08

2.35

S$0.40

23.500%

S$1.30

Industrial

AscottREIT

Q3 : Sep-08

2.61

S$0.47

22.213%

S$1.58

Serviced Apts (Regional)

Saizen

FY08 – IPO

5.30

S$0.24

22.083%

S$1.05

Residential (Japan)

Fortune

1H : Jun-08

18.51

HK$1.95

18.985%

HK$9.02

Malls (HK)

First REIT

Q3 : Sep-08

1.92

S$0.405

18.765%

S$0.9214

Hospitals + Hotel (Indonesia)

CDL HTrust

Q3 : Sep-08

2.93

S$0.66

17.667%

S$1.56

Hotels

Suntec

Q4: Sep-08

2.854

S$0.695

16.335%

S$2.232

Malls + Office

CapitaRChina

Q3 : Sep-08

2.01

S$0.54

14.833%

S$1.16

Malls (China)

MP REIT

Q3 : Sep-08

1.78

S$0.52

13.615%

S$1.59

Malls + Office

MapleTree

Q3 : Sep-08

1.84

S$0.415

13.413%

S$0.84

Industrial

CCT

Q3 : Sep-08

3.10

S$0.98

12.582%

S$3.11

Office

K-REIT

Q3 : Sep-08

2.34

S$0.76

12.211%

S$2.19

Office

FrasersCT

Q4 : Sep-08

2.05

S$0.68

12.059%

S$1.24

Malls

A-REIT

Q2 : Sep-08

4.01

S$1.58

10.152%

S$1.81

Industrial

PLife

Q2 : Jun-08

1.66

S$0.74

8.986%

S$1.34

Hospitals

CMT

Q3 : Sep-08

3.64

S$1.90

7.621%

S$2.39

Malls + Office

NOTES :

  • Mkt Price is as on 31-Oct-08
  • Suntec : Annualised DPU = 11.353ct
  • Cambridge : Annualised DPU = 5.928ct
  • CDL HTrust : Annualised DPU = 11.66ct ; DPU Not Paid as Semi-Annual Payout Policy
  • MP REIT : Annualised DPU = 7.08ct
  • CRCT : Annualised DPU 8.01ct ; DPU Not Paid as Semi-Annual Payout Policy
  • LMIR : Annualised DPU = 6.35ct
  • FrasersCT : DPU = 1.59ct + 0.46ct (Income retained from previous quarters)
  • CCT : Annualised DPU = 12.33ct ; DPU Not Paid as Semi-Annual Payout Policy
  • AscottREIT : DPU Not Paid as Semi-Annual Payout Policy
  • MapleTree : Uses MLT-A DPU 0.61ct (Issued on 22-Aug-08) to Compute Annualised Yield in Above Table
  • First REIT : Annualised DPU = 7.60ct
  • CMT : Annualised DPU = 14.48ct
  • KREIT : Annualised DPU = 9.28ct ; DPU Not Paid as Semi-Annual Payout Policy
  • Saizen : Actual Payout 4.67ct as per IPO Forecast ; Yield is Computed Using IPO Prospectus Figures of 5.3% @ $1 Which Excludes Bonus Div
  • AllCo : Annualised DPU = 6.91ct (Computed based on the amount available for distribution less the one-off gains on derivative financial instruments of S$3.9 million realised in 2Q2008 – Pg 1 Foot Note 5)
  • PLife : Annualised DPU = 6.65ct
  • KREIT : FY08 DPU Forecast 7.53ct (8-for-5 Rights @ $1.39)
  • 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)
  • 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$

Q3 : Sep-08

1.0953

US$0.20

21.906%

$0.40

Shipping Trust

FSL Trust

Q3 : Sep-08

3.05

S$0.50

36.200%

$0.77

Shipping Trust

Rickmers

Q3 : Sep-08

2.25

S$0.42

31.791%

$0.96

Shipping Trust

NOTES :

  • All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.4836:US$1 fm Yahoo Finance)
  • FSL : Annualised DPU 12.2ct
  • FSL : SGX Annc (12-May-08) Quarterly DPU Forecast – Q208 US2.77ct ; Q308 US3.05ct
  • Rickmers : SGX Annc (5-May-08) Quarterly DPU Forecast (Pg 7) – US 2.25ct (Q308)

Other Trusts (non-REITs)

Trust

Period

DPU ct

Price

Yield

NAV

Assets Type

CitySpring

Q1 : Jun-08

1.75

$0.52

13.462%

$0.82

Infrastructure – Water, Gas

AscendasIndT

1H : Sep-08

3.47

$0.48

14.458%

$0.99

India – Industrial Park

HWT

1H : Jun-08

2.17

$0.345

12.580%

$0.75

China – Water Plant

Indiabulls

FY09 – IPO

5.12

$0.14

36.571%

India – Office

NOTES :

  • HWT : DPU = 1.49ct if No Sponsor waiver
  • Indiabulls : Listing on 11-Jun-08 2PM
  • Indiabulls : IPO Forecast – 5.12ct (FY09) 1,325.4Mil Units (2,371.7Mil Units Issued) Entitled to Div ; 9.82ct (FY10)
  • HWT : IPO Forecast – 2.09ct (1H08) ; 4.88ct (FY08) / SGX Annc – Pg 12 (Distribution Statement)
  • 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