Analysing REITS

(02-04-2020, 09:53 AM)Shiyi Wrote: Isn't that a rule that REIT has to distribute 90% of the earnings to shareholders?

They enjoy tax benefits if they distribute 90% or more.

I think they can still backend load their div to meet the 90% of distributed income requirement...

(02-04-2020, 11:23 AM)opmi Wrote: I think they can still backend load their div to meet the 90% of distributed income requirement...

Hi opmi ,

pls enlighten what is backend load ? Thks.

(02-04-2020, 03:29 PM)valueinvestor Wrote:

(02-04-2020, 11:23 AM)opmi Wrote: I think they can still backend load their div to meet the 90% of distributed income requirement...

Hi opmi ,

pls enlighten what is backend load ? Thks.

meaning to pay more dividends 2-3 quarters later to make good this quarter's lousy dividend.
And still meet the 90% of distributable income rule by IRAS.....assuming things pick up by then


My guess only...

Thanks opmi ,  Learning new thing from you .

Rules can be bend to get everyone across the finishing line. Whatever it takes!

S-Reits get lifeline on cash flow, fund-raising

REAL estate investment trusts listed on the Singapore Exchange (S-Reits) will soon benefit from new measures that will give them more flexibility to manage their cash flows and raise funds amid the operating environment made challenging by Covid-19.

These measures announced on Thursday comprise an extension of the deadline for distribution of taxable income by the Ministry of Finance (MOF) and the Inland Revenue Authority of Singapore (Iras), as well as a raising of the leverage limit and deferment of new regulatory requirements by the Monetary Authority of Singapore (MAS).

https://www.businesstimes.com.sg/compani...nd-raising

(18-04-2020, 08:25 AM)weijian Wrote: Rules can be bend to get everyone across the finishing line. Whatever it takes!

S-Reits get lifeline on cash flow, fund-raising

REAL estate investment trusts listed on the Singapore Exchange (S-Reits) will soon benefit from new measures that will give them more flexibility to manage their cash flows and raise funds amid the operating environment made challenging by Covid-19.

These measures announced on Thursday comprise an extension of the deadline for distribution of taxable income by the Ministry of Finance (MOF) and the Inland Revenue Authority of Singapore (Iras), as well as a raising of the leverage limit and deferment of new regulatory requirements by the Monetary Authority of Singapore (MAS).

https://www.businesstimes.com.sg/compani...nd-raising

Perhaps right now when govt bend rules, it may be due to the fact that govt "force" a lockdown and resulted all these "breaches" so they have like some kind of moral obligation to bend the rules.

If that's the case, I am more curious what will happen after economy re-opens.
Assuming companies are more leveraged after this saga, will the govt still continue bending all these rules to save companies?

Landlord need to face 6 months rental deferment from the tenants , the landlord will be considered lucky if they can collect the rents after 6 months.

> If that's the case, I am more curious what will happen after economy re-opens.

Company make WFH more common. So CBD office, CBD retail all will drop. suburban will be ok, becoz worker will go to suburban mall to shop and eat.

Does this make sense?

The current WFH situation is breaking a psychological barrier that has hampered adoption of teleworking in Singapore. Either you end up seeing teleworking as a viable alternative or your wish that you have a physical office to go back to as soon as possible.