Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
There are 2 types of revenue generated from YTL REIT properties i.e. master leases & mgmt contracts. All Malaysia & Japan hotels are under master leases, hence the revenue are fixed & stable. It would renew upon expiry with step-up rates stipulated in the lease agreement. All 3 Australia hotels are under Mgmt contracts, meaning that it is based on actual performance of the hotel occupancy rates. Thus, we would see the revenue fluctuate based on seasons. The Mgmt performs quite well as reflected in the occupancy rates ie >85%. One must bear in mind that these are all 5-star luxury branded hotels located at the prime location in these major cities of Australia. Their key targeted sectors are Asian, European & Middle East businessmen, royal & filthy rich n famous & season holiday makers as well as affluent & upmarket sectors. This niche market has huge spending power.
today rebound 10%.
perhaps the good time for people to sell it off and observe.
this few days, I am thinking what is the best strategy to acquire the reit now since it is very cheap now and very worth to buy now. will not expect to earn in short term, but should be minimize the lost. stock disaster, don't expect to earn money, but should take opportunity to acquire cheap share which is the very good share.
any idea from you all guys?
FINANCIAL HIGHLIGHTS
• Income available for distribution of RM34.0 million, +4.5% q-o-q
☝️Under the unprecedented circumstances, YTL REIT could still deliver such result. It’s considered quite good. Many thanks to newly acquired Japanese property & newly refurbished JWM.
