Reits...

[DieWerner]

Does anyone here know anything about/invest in REITs?

 

Saw this now on Fin24:Liberty to start Reit that will trade stock on JSE:

http://www.fin24.com/Companies/Financial-Services/liberty-to-start-reit-that-will-trade-stock-on-jse-20160823

 

Could it be worth it to buy in right at the beginning of the trust?

[Spreadsheet Ranger]

Here is an article on what and how REITs work, as for me I think I will buy it, Liberty is a good company so I assume it will be a safe long term hold and more diversity can't hurt?

 

http://www.investopedia.com/terms/r/reit.asp

[DieWerner]

Just compred 4 REITs/Property funds:

 

One gains +-23% over a year, one loses +-23% over the same year.

Given my track record, I probably would have invested with the wrong one as usual...

[Spreadsheet Ranger]

Well shiat.

 

Not so easy it seems, I will need to do some research here.

 

Thanks for the comparison btw.

[Platinum Wealth]

Does anyone here know anything about/invest in REITs?

 

Saw this now on Fin24:Liberty to start Reit that will trade stock on JSE:

http://www.fin24.com/Companies/Financial-Services/liberty-to-start-reit-that-will-trade-stock-on-jse-20160823

 

Could it be worth it to buy in right at the beginning of the trust?

 

https://twitter.com/Richards_Karin/status/768389894314029056

 

 

[DieWerner]

Thanks for the link to that.

 

From that same twitter account there is a list of "Top 10 stocks for the long term investor":

 

 

and just for interest's sake, I plotted everything from the list to see if I followed that advise what would it look like, not too bad actually...

 

even for a 1 month view it's good:

[DieWerner]

Another Listed property fund will be created by 1st October... Could this be a worthy investment?

http://www.fin24.com/Companies/Property/new-niche-listed-property-fund-created-20160829

[Spreadsheet Ranger]

Another Listed property fund will be created by 1st October... Could this be a worthy investment?

http://www.fin24.com/Companies/Property/new-niche-listed-property-fund-created-20160829

 

Hammerson is going to list on the JSE it will be the biggest Property fund on the JSE

 

 

Hammerson will be the JSE's largest property fund. It has a market cap of £4.5bn (R85bn) and will overtake Intu at £4.2bn.

[Spreadsheet Ranger]

http://www.sharenet.co.za/v3/sens_display.php?tdate=20160825080000&seq=6

 

1. INTRODUCTION

 

Hammerson is a Real Estate Investment Trust (REIT) based in the United Kingdom (“UK”) that

owns, manages and develops prime retail destinations in Western Europe. The Company’s

portfolio of high-quality retail and leisure assets is located in growing markets and attracts around

280 million visitors per year and as at 30 June 2016 the Group’s properties were valued at £9.0

billion. The portfolio comprises 40 vibrant shopping centres and retail parks across the UK, France

and Ireland as well as 15 premium outlets located in 12 European countries. The property portfolio

is well-let (30 June 2016 occupancy of 97.2%) to a diverse mix of leading retailers with almost

4,500 tenants and has a stable income profile with a weighted average lease length to expiry of 8

years. With a depth of real estate and retail experience across its management team, Hammerson

actively manages its properties to drive rental growth leading to a consistent track-record of

earnings and dividend growth.

 

Hammerson has its primary listing on the Main Market of the London Stock Exchange plc (“LSE”)

and is included on the UK FTSE 100 Index. As at the date of this announcement, the current

market capitalisation of the Company is approximately £4.7 billion (R88 billion).

 

The LSE is an “accredited exchange” as defined in paragraph 18.42 of the Listings Requirements

of the exchange operated by the JSE Limited (“JSE”) (the “JSE Listings Requirements”). The

Company is not listed on any other exchange.

 

The JSE has granted approval to Hammerson for a secondary listing, by way of introduction under

the fast-track listing process contemplated in Section 18 of the JSE Listings Requirements, of all

of its 791 879 155 issued and fully paid ordinary shares of 25 pence each (“Ordinary Shares”) on

the Main Board of the JSE in the “Retail REITs” sector, under the abbreviated name

“HAMMERSON”, JSE share code “HMN” and ISIN “GB0004065016”, with effect from the

commencement of trade on Thursday, 1 September 2016 (the “Listing Date”) (the “Secondary

Listing”).

 

The Financial Surveillance Department of the South African Reserve Bank has approved the

Secondary Listing and classified the secondary inward listed Ordinary Shares as “domestic” for

exchange control purposes. Accordingly, South African resident investors may trade the Ordinary

Shares on the JSE without having recourse to their foreign portfolio allowance.

[Outlook]

Choices! Who to get, Liberty vs Listed Fund Hammerson

[DieWerner]

Another Property fund does well:

http://www.bdlive.co.za/business/property/2016/08/19/polish-globe-trade-centre-opens-for-business-on-jse

It's a Polish company, listed in Warsaw, and owns properties mostly in Poland

This one only listed on the JSE little over a month ago (2016/08/19 @ R25.25), and has gained 17.8% to date...

[DieWerner]

 

 

Hammerson is going to list on the JSE it will be the biggest Property fund on the JSE

 

 

Hammerson will be the JSE's largest property fund. It has a market cap of £4.5bn (R85bn) and will overtake Intu at £4.2bn.

 

Did anyone manage/remember to get some Hammerson shares when they listed???

Since they listed on 1 Sept, they managed to fall from R115.75 to R103.02 yesterday, 11%...

[DieWerner]

EE emailed yesterday and said they listed three new Property funds/REITs:

- Hammerson PLC (HMN)

- Echo Polska Properties NV (EPP)

- Newpark REIT Limited (NRL)

 

http://campaign.easyequities.co.za/new-instruments?utm_campaign=EE+newsletter&utm_source=hs_email&utm_medium=email&utm_content=34947152&_hsenc=p2ANqtz-99yXOGsxG-94DjsG0tfBwcGRFmSXmSXzFh45G6vxXeIIgZys88MFIeRfIcyDrtEh5dTIvB2OEtrw_YQLR-LSpKwR863w&_hsmi=34947152

[Spreadsheet Ranger]

I will be buying Hammerson Today

[DieWerner]

I will be buying Hammerson Today

 

thinking they reached bottom at R103.02 after a month long downward trend? I hope your right

[Spreadsheet Ranger]

I will be buying Hammerson Today

 

thinking they reached bottom at R103.02 after a month long downward trend? I hope your right

 

You are right, meh maybe I will rather wait a little bit although I buy little little monthly since this is for my retirement thus entry to market now doesn't matter to me 30 years from now ( Assuming it's a quality company that will be around 30 years from now )

[DieWerner]

 

You are right, meh maybe I will rather wait a little bit although I buy little little monthly since this is for my retirement thus entry to market now doesn't matter to me 30 years from now ( Assuming it's a quality company that will be around 30 years from now )

 

Lol, shows how much I know... 

 

They gained 1.52% since I posted, sitting @ R104.59 right now 

[DieWerner]

To those still interested in Liberty's new REIT which will list in December, according to this article: http://www.iol.co.za/business/personal-finance/libertys-property-fund-spawns-a-reit-2072237 , Liberty clients, regardless of whether they are currently exposed to the Liberty Property Portfolio or not, are being offered an opportunity to invest up to R1 billion in the Reit on a first-come-first-served basis ahead of the listing, also at a five-percent discount to the listing price.

[Bandit]

Suppose they'll make it into all the property indexes by January.

[DieWerner]

 

You are right, meh maybe I will rather wait a little bit although I buy little little monthly since this is for my retirement thus entry to market now doesn't matter to me 30 years from now ( Assuming it's a quality company that will be around 30 years from now )

 

Lol, shows how much I know... 

 

They gained 1.52% since I posted, sitting @ R104.59 right now 

 

Next time, don't listen to me... it's gained some more today, sitting at R105.97 right now... 2.87% gained in two days