REITDATA

NOTE : For K-REIT, Proforma data (from Rights Issue) are used for Yield computation. Please refer to “NOTES” at the bottom of the table for more info.

Results Announcement

• 13 Oct 09 – K-REIT (Tables Updated)
  
• 19 Oct 09 – A-REIT (Tables Updated)
  
• 21 Oct 09 (AM) – CCT (Tables Updated)
  
• 22 Oct 09 (AM) – FirstREIT (Tables Updated)
  
• 22 Oct 09 (AM) – CMT (Tables Updated)
  
• 22 Oct 09 – a-iTrust (Table Updated)
  
• 22 Oct 09 – MapleTree (Tables Updated)
  
• 22 Oct 09 – FCT (Tables Updated)
  
• 22 Oct 09 – PST (Table Updated)
  
• 23 Oct 09 (AM) – CRCT (Tables Updated)
  
• 23 Oct 09 (AM) – FCOT (Tables Updated)
  
• 23 Oct 09 (AM) – FSL (Table Updated)
  
• 27 Oct 09 – Suntec (Tables Updated)
  
• 27 Oct 09 – Cambridge (Tables Updated)
  
• 28 Oct 09 (AM) – ART (Tables Updated)
  
• 28 Oct 09 – StarHill Gbl (Tables Updated)
  
• 30 Oct 09 – CDL H-Trust (Tables Updated)
  
• 4 Nov 09 – Fortune
  
• 5 Nov 09 – PLife
  
• 11 Nov 09 (AM) – Saizen
  
• 12 Nov 09 – CitySpring
  

REITs : Average Yield = 8.014% (Excl. Saizen)

NOTES :

• Mkt Price is as on 30-Oct-09
• CDLHTrust : Annualised DPU = 8.09ct ; DPU Not Paid as Semi-Annual Payout Policy
• StarHill Gbl : Annualised DPU = 3.77ct
• AscottREIT : DPU Not Paid as Semi-Annual Payout Policy
• Cambridge : Annualised DPU = 5.332ct ; Cambridge A DPU = 0.708ct (12-Aug-09 to 30-Sep-09)
• Suntec : Annualised DPU = 11.589ct
• FrasersComm : Annualised DPU = 0.8ct
• CRCT : Annualised DPU = 8.01ct ; DPU Not Paid as Semi-Annual Payout Policy
• FCT : DPU = 1.95ct if exclude Retained Income from Previous Quarters
  
• CMT : Annualised DPU = 9.32ct
• FirstREIT : Annualised DPU 7.62ct
• CCT : Annualised DPU = 7.34ct ; DPU Not Paid as Semi-Annual Payout Policy
• A-REIT : DPU = 1.94ct (1-Jul to 19-Aug ; Paid on 23-Sep) + 1.54ct (20-Aug to 30-Sep) ; * Above Yield is Calculated Using DPU = 1.54ct for the Period 20-Aug to 30-Sep.
  
• KREIT : Annualised DPU = 10.67ct ; DPU Not Paid as Semi-Annual Payout Policy
• KREIT : Proposed 1-for1 Rights @ $0.93 (xri 23-Oct-09) ; Circular (3-Oct-09) ; FY08 (Proforma) – DPU 6.08ct (Yield 5.8% @ TERP $1.06 – Mkt $1.18) ; NAV $1.49 ; Gearing 9.1%
  
• Saizen : No Payout since 1H09 (Dec-08) ; SGX Annc Pg21 : The Board expects Saizen REIT will start accumulating cash for distribution from the last quarter of FY2010 or first quarter of FY2011
• Fortune : Proposed 1-for-1 Rights @ HK$2.29 (xri 15-Sep-09) ; Circular (24-Aug-09) ; 1H09 (Proforma) – DPU HK12.03ct (Yield 7.52% @ TERP HK$3.20) ; NAV HK$4.98
• Cambridge : Private Placement – 71.14Mil Shares @ $0.392 ; Listing on 13-Aug-09 9am
• AREIT : Private Placement – 185Mil Shares @ $1.63 ; Listing on 20-Aug-09 2pm ; Gearing 29.3%
• PLife : Annualised DPU = 7.55ct
• FCOT
  : 3-for-1 Rights @ $0.095 (xr 27-Jul-09) ; Circular (30-Jun-09) ; Mar09 (Proforma) – DPU 1.06ct Annualised (Yield 8% @ $0.131 theoretical ex-rights price) ; NAV $0.26 ; Gearing 38.5% ; New Shares Listing – 27 Aug 09
• StarHill Gbl : 1-for-1 Rights @ $0.35 (xr 17-Jul-09) ; Circular (22-Jun-09) : FY08 (Proforma) – DPU 3.85ct (Yield 7.8% @ $0.495 theoretical ex-rights price) ; NAV $0.802; Gearing 20.7% ; New Shares Listing – 19 Aug 09
• CCT : 1-for-1 Rights @ $0.59 (xr 3-Jun-09) ; Circular (29-May-09) : Mar09 (Proforma) – DPU 1.77ct (Yield 7.251% @ $0.825 theoretical ex-rights price) ; NAV $1.51 ; Gearing 30.7%
• Saizen : 11-for-10 Rights @ $0.09 with Attached Warrants (xr 4-May-09)
• CMT : 9-for-10 Rights @ $0.82 (xr 4-Mar-09)
• 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)

NOTES :

• All in US$ except for Rickmers and FSL Mkt Price (Yield Computed Using Latest Exchange Rate S$1.3997:US$1 fm Yahoo Finance)
• FSL : Q309 DPU = US1.5ct (50% Payout) ; US1.27ct (Stub Distribution) Already Paid Out ; Balance US0.23ct
• PST : 70% Payout
• Rickmers : 13% Payout
• FSL : SGX Annc (21-Jul-09) Quarterly DPU Forecast – Q309 US1.5ct (50% Payout)

Other Trusts (non-REITs)

NOTES :

• a-iTrust : DPU = 1.85ct (Sep) + 2.06ct (Jun)
• IndiaBulls : Proposed 53-for-100 Rights @ $0.16 (xr 2-Oct-09) ; Circular (10-Sep-09) ; TERP $0.258 (Mkt $0.31) ; NAV $0.54
  
• CitySpring : Proposed 1-for-1 Rights @ $0.48 (xr 25-Aug-09) ; Circular (21-Aug-09) ; DPU = 1ct (Proforma Q109) ; Yield 6.349% ; TERP $0.63 (Mkt $0.78) ; NAV $0.28
• HWT : DPU = 2.56ct (With Sponsor Waiver) ; Sponsor DPU = 1.77ct
• CitySpring : The Group NAV per unit before hedging and translation reserves is S$0.61
• Indiabulls : No DPU Declared
• CitySpring : DPU Forecast – FY10 (Mar) = 7ct
• HWT : DPU Forecast – 1H09 = 2.56ct ; 2H09 = 2.86ct
• 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)