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
|
