PRIVACY POLICY

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Saturday, October 30, 2010

Mapletree Commercial Trust: IPO in early 2011.

For anyone who did not get any shares in MIT's IPO, here's a chance to own some of Mapletree Commercial Trust's. This is a S$1.3 billion IPO expected to take place early next year.


The commercial REIT will draw its initial portfolio from Mapletree Investments’ $6.4 billion worth of Singapore commercial properties, including assets like Vivocity, the island’s largest mall, and several office buildings west of the city-state’s central business district. 

Besides its plan to list its commercial trust, Mapletree Investments also intends to launch several private property funds including a US$300 million Japan fund focused on IT-related infrastructure, a US$300-500 million Vietnam fund in which Mapletree may inject existing commercial and residential projects, and a US$500 million China-focused fund that will invest in a wide range of sectors.

Read full article here:

Mapletree hires bankers for $1.3b IPO: Update
Friday, 29 October 2010
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12 comments:

  1. JWOctober 30, 2010 at 8:59 AM

    I didn't go for MIT, but this is interesting...

    I will buy it for the same reasons as I bought Starhill!!! Those are properties I know! Vivocity!

    ReplyDelete
  2. AK71October 30, 2010 at 10:32 AM

    Hi JW,

    I no longer go for IPOs but I like VivoCity. I go there at least once every fortnight. It has everything I need and I like the carpark and the rebate system.

    That place is booming and I tell people not to bother driving there after 7pm on weekdays and after 1pm on weekends because they won't be able to find a parking lot!

    So, I will keep an eye on this one. :)

    ReplyDelete
  3. RaelynnOctober 30, 2010 at 11:40 PM

    i'm more keen on this than the MIT. hahahaha. but does anyone know who is managing Ion? that one i'm keen too..

    ReplyDelete
  4. AK71October 30, 2010 at 11:50 PM

    Hi Raelynn,

    Ion Orchard? That belongs partially to Capitaland. So, rush and buy CMT on Monday. ;)

    ReplyDelete
  5. RaelynnOctober 31, 2010 at 5:55 AM

    oooOOO CMT. alamak, not in time to look at the numbers and figures. within budget, but considering saving the money to buy silver.

    ReplyDelete
  6. AK71October 31, 2010 at 9:16 AM

    Hi Raelynn,

    Well, more accurately, Ion Orchard belongs to CapitaMalls Asia. Same same. Haha..

    Silver is a good hedge against inflation, for sure. However, just remember that it does not generate any cash flow.

    So, it depends on what is your motivation for investment. If it is for passive income generation, silver might have to take a back seat. :)

    ReplyDelete
  7. RaelynnOctober 31, 2010 at 10:14 PM

    hmmm.... capital appreciation would be a nice opportunity cost to cash flow.. i'll have a hard time convincing my mom to buy previous metals because the prices are at its highest now.

    ReplyDelete
  8. AK71October 31, 2010 at 11:15 PM

    Hi Raelynn,

    Nothing goes up in a straight line. It would be reasonable to expect a correction. Buy some if a correction takes place. :)

    Buy more silver on weakness

    ReplyDelete
  9. RaelynnApril 26, 2011 at 3:35 PM

    GAHH I FORGOT TO APPLY FOR THE IPO!!! deng

    ReplyDelete
  10. AK71April 26, 2011 at 10:14 PM

    Hi Raelynn,

    Is it such a bit thing for you? Perhaps, you could buy it at a lower price another day. ;-p

    ReplyDelete
  11. AnonymousApril 27, 2011 at 7:58 AM

    Saw from paper.is 8.4 time oversubscibe. Let see the perform today. What will be the closing price ? :)

    TN

    ReplyDelete
  12. AK71April 27, 2011 at 9:22 AM

    Hi TN,

    What will be the closing price indeed. At a lower price, I could be tempted to get some. ;)

    ReplyDelete