E J Tan's comment on YTLREIT. All Comments
E J Tan
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The FV implies FY24F distribution yield (excluding deferred repayment of 2.7 sen) of 6%, at parity to its 5-year median.

Recall that a portion of the rental income for its Malaysian and Japanese properties (except The Green Leaf Niseko Village) were deferred for 24 months commencing 1 July 2020 until 30 June 2022.
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1 year · edited · translate ·
E J Tan
The portion of the repayment of rental deferrals accounts for 29%/13%/13% of total distributable income in FY24F/FY25F/FY26F.
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Billy Looi
so mean this next 3 years will need to take into account of these deferred rental added to total income ?
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E J Tan
Yes, that’s right. For year 4 to year 7, I believe is around 10% to 12%. Total deferred rental repayment period is over the next 7 years.
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Billy Looi
ah I need to read again already. missed this portion of information. Good one.

coz all this while am focused on their debt management and their fix vs float debt ratio etc.
1 Like · 1 year · translate
ivan chong
thanks so much EJ
1 Like · 12 months · translate
Jonathan Goh
Wow the covid pandemic really hit them hard that we need to see a decreased income for the next 7 years?
Like · 12 months · translate
Billy Looi
it should means 2024 onwards the income will show increment.
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Jonathan Goh
IMHO my initial principal investing in ytl reit was exposure to foreign hotels so I believe that has not changed as I personally feel uneasy investing in local reits with the countless shopping malls and empty office units.

Tldr I will keep invested in ytl reit for foreign reit exposure
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Billy Looi
I always prefer foreign exposure than just purely msia. Just my preference.

I'm topping up monthly a little to hit my goals too.
Like · 11 months · translate