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KEY INVESTMENT HIGHLIGHTS OF AMANAHRAYA REIT PROPERTY PORTFOLIO

Fund Category Real Estate Investment Trust
Fund Type Income and Growth
Duration of Fund/Termination Date The earlier of:
  • the occurrence of any termination events set out under the provisions of the Trust Deed
  • 80 years after 20 October 2006 or until such further period as the law may permit.
Approved Fund Size 573,219,858
Investment Objective To provide unitholders with stable distributions per unit with the potential for sustainable long-term growth of such distributions and the NAV per unit.
Investment Policy
  • Long term lease arrangements for a minimum of 6 years which is above the industry average of about 3 years
  • Security deposit averaging of at least 1 year in the form of cash and bank guarantee to mitigate tenant-default risk
  • ‘triple net’ lease arrangements where the lessee/tenant is fully responsible for regular maintenance of the properties during the tenure
  • Single lessees/tenants
Performance Benchmark
  • Management expense ratio
  • Total returns
  • Average annual return
  • Distribution yield
  • Net asset value
Distribution Policy
  • Quarterly income distribution
  • Distribution of at least 95% (or such other percentage as determined by the Manager in its absolute discretion)
Revaluation Policy The investment properties shall be revalued at least once every 3 years by the registered independent valuers.
Financial Year End 31 December
Listing Main Market of Bursa Malaysia Securities Berhad
Stock Name ARREIT
Stock Code 5127
Date of Listing 26 February 2007
Initial Public Offering Price
  • RM0.895 - retail
  • RM0.94 - institutional
 
 
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