View daily, weekly or monthly format back to when hui xian reit stock was issued. Bop holds the land use right and building ownership rights of beijing. Hui xian reits interest in oriental plaza has a finite term of 38 years. Hui xian reit was established on 1 april 2011 and had not carried on any operation prior to 29 april 2011 date of listing and its units. But a successful listing of the hui xian reit may encourage other companies to launch similar products in hong kong. The hui xian ipo will also bank on growing demand for investment products outside. The discrepancy in net property income versus our forecast. Manulife us reit day 2018 24 sep 2018 download presentation 2. Reit guidance note in schedule ix of the takeovers code that are subject to the. Hk 11 april 2011 sun hung kai financial 1 disclaimer this report note has been prepared by sun hung kai investment services limited shkis, and together with its associates and subsidiaries sun hung kai financial or. The information behind this electronic gatepost is only being made available to residents of singapore. First pureplay china retail reit sponsored by a chinabased group. If you are unable to read it from your internet browser, kindly download a copy and read it with the latest version of adobe acrobat reader. Rmbdenominated equity ipo outside of mainland china and the.
According to draft prospectus filed by mindspace, the reit is targeting to raise. Hk stock quote, history, news and other vital information to help you with your stock trading and investing. Nareits members are reits and other businesses throughout the world that own, operate, and finance incomeproducing real estate, as well as those firms and individuals who advise, study, and service those businesses. Hong kong including stock price, stock chart, company news, key statistics, fundamentals and company profile. Hui xian reit is governed by the deed of trust constituting hui xian reit dated 1 april 2011 as amended by four supplemental deeds dated 24 may 20, 16 may 2014, 28 may 2015 and 19 may 2017 the trust deed made between hui xian asset management limited the manager and db trustees hong kong limited the trustee, and the code on real. Circular to unitholders in relation to the new master tenancy agreements for starhill gallery and lot 10 property and the asset enhancement works for starhill gallery. In particular, the units of prime us reit the units have not been and will not be registered under the united states securities act of 1933, as amended the us securities act, and may not be offered or sold in the united states unless registered under the us securities act, or. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other. Nyse official says reit ipo market off to active start in. Securities act, and may not be offered or sold in the united states absent registration or an exemption from the registration requirements of the u. As of 31 december 2018, hui xian reit has properties located in four key cities with a total valuation of rmb 35. Hui xian is the first rmbdenominated reit listed in hong kong, and until its acquisition of the chongqing property, held.
Apr 08, 2011 hui xian reit, the property flagship controlled by hong kong billionaire li kashing, has set an indicative range for its initial public offering pricing of a yield of 4 percent to 4. All content on is for your general information and use only and is not intended to address your particular requirements. Hlisted in 2011, hui xian reit is the first hkexlisted reit that invests in a diverse portfolio of real estate across china. Circular to unitholders in relation to the proposed development management fee supplement to the trust deed.
Jan 9 reuters hui xian reit consideration for chongqing acquisition is subject to an overall cap of rmb300 million chongqing purchaser, entered into chongqing spa with chongqing vendor. Financial results for the third quarter ended 30 september 2016. Hui xian real estate investment trust hui xian reit is a hong kong collective investment scheme authorised under section 104 of the securities and futures ordinance chapter 571 of the laws of hong kong. Li is a genius and i am indeed wary whenever he comes to the ipo market.
Here is why chinafocused hui xian reit is worth looking at. Dividend policy trend and dividend history were not adjusted by the changes of the capital structure. Listed on the singapore exchange securities trading limited sgxst on date,to be added only on listing day it is. Its free to post and participate in hui xian reit s discussion. Jan 09, 2017 jan 9 reuters hui xian reit consideration for chongqing acquisition is subject to an overall cap of rmb300 million chongqing purchaser, entered into chongqing spa with chongqing vendor. For the first 10 months of 2010 compared to the first 10 months of 2009, revenues. Share price chart attached below for your information. Dynasty reit is offering 893,162,000 to 900,832,000 units at an offering price of between rmb 4. Prospectus the document is best viewed using the latest versions of chrome, firefox and internet explorer 11. Since the legislation that first created reits in the 1960s, there is no question that much has changed in the world of real estate and real estate finance.
Apr 11, 2011 according to the wall street journal, hui xian real estate investment trust, which will sell 40% of itself in an ipo scheduled for april 29, will have forecast annualized yield of between 4% and 4. Hong kong, in appendix v to this prospectus, has been registered with the registrar of companies in. Nareit is the worldwide representative voice for reits and publicly traded real estate companies with an interest in u. Full list of real estate investment trusts with turnover, market cap, nominal price, pe and dividend yield information on hkexs markets. Hui xian real estate investment trust engages in owning and investing in commercial properties. Hui xian reit high yield, low gearing an investment. In this article, ill update on its latest financial results and valuation figures. Bop holds the land use right and building ownership rights of beijing oriental. Reits continue to expand and flourish in ways clearly not contemplated 50 years ago or even a decade ago. When it launched its ipo in 2011, its main asset is oriental plaza zh, a business park in beijing. Total revenue was 2% below our forecast, primarily driven by lowerthanexpected income from the malls. Hui xian reit, the property flagship controlled by hong kong billionaire li kashing, has set an indicative range for its initial public offering pricing of. The offer of units under this prospectus will be by way of an initial public offering ipo in singapore. Offering for hui xian real estate investment trust hui xian reit, the first.
In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Prospectus and product disclosure statement date of this offer document 22 july 2016 in relation to an offer of 414. Data delays of at least 15 minutes last updated to. Going public as a reit or converting to a reit is a monumental decision. Stock analysis for hui xian real estate investment trust 87001. Nyse official says reit ipo market off to active start in 2017 4102017 ron bohlert, sector leader of the real estate and insurance group at the new york stock exchange nyse, joined for a video interview at reitwise 2017. Real estate investment trusts a real estate investment trust reit is a collective investment scheme that aims to deliver a source of recurrent income to investors through focused investment in a portfolio of incomegenerating properties such as shopping malls, offices, hotels and service apartments in hong kong andor overseas. Hong kong public offering andor the indicative offer price range below that stated in this. Ireit is the first sgxst listed reit established with the investment strategy of principally investing, directly or indirectly, in a portfolio of incomeproducing real estate in europe which is primarily used for office purposes, as well as real estaterelated assets. Reits ipos by the online investor staff, updated tue. It is the first product listed on the hong kong stock exchange denominated in yuan. When it launched its ipo in 2011, its main asset is oriental plaza, a business park in beijing in 2012, hui xian reit had the second highest market capitalization among reits in. Its free to post and participate in hui xian reits discussion. According to the wall street journal, hui xian real estate investment trust, which will sell 40% of itself in an ipo scheduled for april 29, will have forecast annualized yield of between 4% and 4.
According to the areit prospectus, investors in areit will be able to enjoy. The ipo prospectus only had financials until october 31, 2010. Reit ipo conversion and nontraditional reit transaction. Beijing retail reit is the first retail reit sponsored by an established homegrown retail retail property operator in the prc beijing hualian department store co. The reits low gearing and recent acquisition of metropolitan plaza provides potential for dpu accretion. Contents of this report are based on the ipo prospectus and other public sources, and intended or information purposes only. Overwhelming demand for areit ipofive times subscribedissue price at. The offer will close on 24 oct 2012 at 12pm and start trading on 30 oct 2012 mark this date for the lks effect. Its asset is its investment in hui xian bvi, which in turn holds hui xian investment limited, the foreign joint venture partner of beijing oriental plaza co. Initial public offering ipo activity surged across southeast asia in 1q2020, despite coming close to a standstill in march on the back of the covid19 outbreak. Prospectus dated 17 july 20 registered with the monetary authority of singapore on 17 july 20. Track record of superman lks in a similar reit hui xian reit was launched at rmb 5. Hui xian reit has continued to adhere to its prudent financial management.
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