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Archive for October, 2006



Business Times (14/10/06) reported that Hektar has obtained the approval to list its reit in the Main Board by end of the year. Refer to earlier article written on it.



S&P:Asia Ripe For REIT

Further to my earlier article on history of Asia Reit, reported in the Business Time (13/10/06) was further development of Asia Reit : “Asia is ripe for an “explosion” in real estate investment trusts (REIT) as China,Pakistan,Dubai and Saudi Arabia consider legislative reforms to boost the market, Standard and Poor’s (S&P) said yesterday. ”

Standard & Poor’s Ratings Services recently assigned its ‘BBB-’ corporate credit rating to AmanahRaya Real Estate Investment Trust (AmanahRaya), a real estate investment trust (REIT) in Malaysia. This stable outlook on AmanahRaya reflects the REIT’s stable rental income, long lease maturity profile, and a high level of tenant security deposits. Other factors included is the [...]

Recently Boustead Bhd had announced its Rm500million Islamic plantation Reit. From the perspective of the plantation owners, unit holders of such Reits and other parties, what then are the advantages, disadvantages or risk features of such a plantation reit compared to other types of reit like hotel, real estate, resort and hospital type? The advantages [...]