Although China has not yet drawn up rules allowing REITs, two mainland Chinese property trusts are listed in Hong Kong namely

 RREEF China and
GZI REIT 

Earlier there is The CapitaRetail China Trust which  is listed in Singapore.
REITs, which pay most of their rental income as dividends, have caught on across Asia in the last five […]

A sister company of Indian developer DLF Ltd has hired bankers to arrange a property trust IPO in Singapore in a deal worth as much as US$2bil. 
Other details:

This planned real estate investment trust (REIT) by DLF Assets would be the second such offering on the Singapore stock market from India, following the popular July IPO […]

 
Extracted from its 2006 Annual Report :-

Profit & Loss

Actual (S$’000)

Forecast (S$’000)

Variance %

Revenue

34,891

33,432

4.4

Net Property Income

28,757

28,749

-

Net Income Before Tax

106,061

8,795

5.1

Income Available for distribution

22,687

21,585

5.3

DPU(Cent)

6.04

5.77

4.7

(A) Gross Revenue Segmentation

China Square Central

38.0%

Central Park (Perth)

55.6%

Interest in AWPF

6.4%

Total

100%

(B) Net Property Income Segmentation

China Square Central

44.6%

Central Park (Perth)

47.7%

Interest in AWPF

7.7%

Total

100%

© Portfolio Breakdown By Geographical Location-ASSET VALUE

[…]

Extracted from its 2006 Annual Report :-

Profit & Loss

Actual (S$’000)

Forecast (S$’000)

Variance %

Revenue

171,356

135,682

26.3

Net Property Income

125,839

100,096

25.7

Net Income Before Tax

79,164

68,573

15.4

Income Available for distribution

94,935

79,682

19.1

DPU(Cent)

7.29

6.13

18.9

Balance Sheet

Sept 2006 ( S$’000)

Sept 2005 (S$’000)

Investment Properties

3,212,000

2,282,174

Total Assets

3,249,851

2,318,526

Debt, At AmortizedCost

1,031,75

694,346

Total Liabilities

1,086815

730,295

Unitholders’ Funds

2,163,036

1,588,231

NAV per unit (S$)

1.43

1.06

Debt to Asset Ratio (%)

31.7

29.9

Refer to earlier article on Corporate Information Of Suntec […]

Real Estate Investment Trusts (REITS) listed on the SGX:-

Name of REIT

Date of listing

Cambridge Industrial Trusts

25 July 2006

CDL Hospitality Trusts

19 July 2006

Frasers Centrepoint Trusts

5 July 2006

K-REIT Asia

28 April 2006

Ascott Residence Trust

31 March 2006

Allco Commercial REIT

30 March 2006

Macquarie MEAG Prime REIT

20 September 2005

Mapletree Logistics Trust

28 July 2005

Suntec Real Estate Investment Trust

9 December 2004

CapitaCommercial Trust

11 May 2004

Fortune Real […]

 
 
 
 
 
 
 
 
 
 
 
Extracted from SGX’s website, the Corporate Information of
this Reit:
 

SUNTEC REAL ESTATE INV TRUST

Listed on:
9 December 2004 on SGX Mainboard

ISIN Code :
SG1Q52922370

Incorporated on :
1 Nov 2004

Registered Office :

9 Temasek Boulevard,09-01 Suntec City Tower Two

Singapore 038989

Telephone:
65 6835 9232

Fax:
65 6835 9672

Secretary:
Yap Lune Teng
Goh Lee Tao

Registrars
Lim Associates (Pte) Ltd

Registrar Address
3 Church Street 08-01
Samsung Hub

Singapore 049483

Link to Internet Website
http://www.suntecreit.com/Default.aspx

Auditors
KPMG

Background:

Suntec […]

 
 
 
 
 
 
Extracted from SGX’s website, the Corporate Information of
this Reit:
 

Macquarie MEAG Prime Real Estate Investment Trust (formerly: Prime Real Estate Investment Trust)

Listed on:
20 September 2005 on SGX Mainboard

ISIN Code :
SG1S18926810

Incorporated on :
8 Aug 2005

Registered Office :
391B,Orchard Road 21-08 Ngee Ann City Tower B

Singapore 238874

Telephone:
65 68358633

Fax:
65 68358644

Secretary:

Registrars
Lim Associates (Pte) Ltd

Registrar Address
3 Church Street.08-01
Samsung Hub

Singapore 049483

Link to […]