Yuexiu reit offering circular pdf

New century real estate investment trust 1275 hk january. Operational statistics of sunlight real estate investment trust for the quarter ended 31 march 2020. As of june 2015, the portfolio valuation of yuexiu reit was approximately. Data delays of at least 15 minutes last updated to.

Reit offering memorandum offering memorandum for reit real estate investment trust services s team is the global leader in writing real estate offering memorandums for reits. The investment objective of the reit is to achieve steady rental income through investing in office buildings, retailing malls and hotel and serviced apartments, for. Corporate news yuexiu transport infrastructure limited. Frasers hospitality trust fht is the first global hotel and serviced residence trust to be listed on the singapore exchange on 14 july 2014, comprising frasers hospitality real estate investment trust and frasers hospitality business trust. Yuexiu property company limited is a property developer located in guangdong, china. Org chart yuexiu reit asset management the official board. Sunlight reit welcomes dah sing bank as anchor tenant at sunlight tower. Fong chun cheong, steve, school of business, macao polytechnic institute company financing is a prior concern for operating any business, and financing is arranged before any business plans are made. The acquisition of the office building in shanghai will offer a diversified income base and cash flows for the trust, though its debt leverage ratio will be increased as well.

Such offering circular will contain detailed information about the company and its management, as well as the companys financial statements. All content on is for your general information and use only and is not intended to address your particular requirements. Equity financing and debt financing relevant to pbe paper ii management accounting and finance dr. The development of real estate investment trusts reits in.

Yuexiu reit mtn company limited credit rating moodys. Moodys investors service 22 may 2019 rating action. As submitted to the securities and exchange commission on. Our portfolio includes retail facilities, car parks and offices across hong kong, beijing, shanghai, guangzhou and shenzhen. You can use the contents here for reference purpose only. Yuexiu reit asset management limited 30 june 2012 dear unitholder yuexiu real estate investment trust yuexiu reit circular dated 30 june 2012 the circular we enclose the circular of yuexiu reit. In the near term, yuexiu reits dividend yield is attractive compared with peers even after gzifc acquisition because. New century real estate investment trust 1275 hk final 2014. Refers to the average yield of all stocks listed in hk which have dividend paid in the past year. The investment objective of the reit is to achieve steady rental income through investing in office buildings, retailing malls and hotel and serviced apartments, for maintaining and enhancing property value. In 2010, the government issued the memorandum on the deepening. Payment of base fee and variable fee to henderson sunlight. Feb 20, 2020 before investing, you should read the prospectus, offering circular, indenture, or similar document carefully for a full description of the product, including its features and risks, to determine whether it is an appropriate investment for your investment objectives, risk tolerance, financial situation and other individual factors, and be sure.

A compliance manual containing detailed corporate governance. As at the date of this circular, yuexiu property is an associated company of a significant holder of yuexiu reit being dragon yield, by virtue of yuexiu property owning more. The development of real estate investment trusts reits. Yuexiu real estate investment trust prospectus sample. Spring reit is the first hong kong reit to offer direct exposure to two premium grade office buildings strategically located in the central business district cbd of beijing. Except for reserved matters as stated in the compliance manual of the manager the compliance manual. Offering circular american hospitality properties reit, inc.

A reit as an investment vehicle a reit is a collective investment scheme constituted as a unit trust that invests primarily in incomeproducing real estate assets and uses the income to provide returns to its unitholders. The rating also factors in yuexiu reits good access to funding. The property comprises a 25storey grade a office building located in the. A change of control put event will be deemed to occur if. Yuexiu and huixian, good exposure into china properties. Yuexiu reit offers higher yield than other investmentgrade securities 1 yuexiu reit dividend yield should average over 8% in 201214e. A reit real estate investment trust is a collective investment scheme constituted as a trust that invests primarily in real estate with the aim of providing investors with returns derived from rental income reits originated in the united states in the 1960s, gradually gaining popularity in australia and other parts of the world. To the offering circular dated december 26, 2019 this document supplements, and should be read in conjunction with, the offering circular of brix reit, inc. Shanghaihong kong paul hastings llp, a leading global law firm, announced today that it advised the seller, century holding company limited, a joint venture between the carlyle group and clsa, on the sale of hongjia tower the property to a whollyowned subsidiary of yuexiu real estate investment trust.

For credit ratings that are derived exclusively from an existing credit rating of a program, series, categoryclass of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, moodys publishes a rating announcement on that series, categoryclass of debt or program as a whole, on the support provider or primary rated. In 2015 1h, the aggregate contracted sales value was. Hong kong lag behind singapore as developing into a regional centre for reits p. Yuexiu real estate investment trust represented the first mainland. Before investing, you should read the prospectus, offering circular, indenture, or similar document carefully for a full description of the product, including its features and risks, to determine whether it is an appropriate investment for your investment objectives, risk tolerance, financial situation and other individual factors, and be sure. Chinas yuexiu reit expects rental income to recover in 2017.

You can search and find all the past announcements of companies by searching within this site. By continuing your navigation, you consent to their use. Tianhe central business district and yue xiu district and the high occupancy rates. Such real estate holding an include single family homes. Such offering circular will contain detailed information.

Average dividend yield for existing unit holders is 8. Chinas yuexiu reit sees higher 2020 office rental income even as coronavirus hits retail. Lists in this offering circular for further information. Annual general meeting circular dated 18 march 2011. At the same time, moodys has changed the outlook on yuexiu. On june 2003, the peoples bank of china pboc issued circular 121. This site provides announcements from companies listed in the singapore exchange. Fortune reit is a real estate investment trust constituted by a trust deed entered into on 4 july 2003. Yuexiu real estate investment trust is a hong kongbased real estate investment trust reit. It is interest coverage ratio being round 3 is also not favourable. In order to reduce costs and the environmental impact of distributing documents to unitholders, yuexiu real estate investment trust yuexiu reit wishes to offer you the choice to receive corporate communications as defined below.

China eximbanks offering circular is also available in chinese from each placing bank listed on page 15 of this offering circular. Hk stock quote, history, news and other vital information to help you with your stock trading and investing. Any offering of securities to be made in the united states will be made by means of an offering circular that may be obtained from the bank. Yuexiu real estate investment trusts yuexiu reit baa3 rating reflects its. Dec 30, 2015 hong kong, december 30, 2015 moodys investors service has changed the outlook on yuexiu real estate investment trusts yuexiu reit baa2 issuer rating to negative from stable. Hong kong exchanges and clearing limited andor its subsidiaries endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its accuracy and reliability and accept no liability whether in tort or contract or otherwise for any loss or. For the terms and conditions of the bonds, the english version will prevail, and the chinese version is only a translation for your reference only. The circular of yuexiu reit has been prepared in english and chinese languages. Hk, the first real estate investment trust focusing on properties in. Yuexiu prop was transformed from a conglomerate into a property company. Chinas yuexiu real estate investment trust said on thursday its retail and hotel businesses will be under pressure in the first half of the year due to the coronavirus outbreak, but it still expected office rental income to grow in 2020 and to see a stable occupancy rate on strong tenant demand. Such offering circular will contain detailed information about the company and. Moodys changes yuexiu reits baa2 rating outlook to negative. It focuses on the disclosure of yuexiu property company limited and its subsidiary.

Full investment portfolio of relevant investments at 30 april. Yuexiu real estate investment trust creditriskmonitor. Managed by yuexiu reit asset management limited circular. Accordingly, the issue does not require the approval of the unitholders and does not require a valuation of the real estate held under spring reit. Chinas yuexiu reit expects rental income to recover in. Equity financing and debt financing management accounting. International securities identification numbers isin. A real estate investment trust, or just reit for short, is security investment vehicle that invests in real estate. The organizational chart of yuexiu reit asset management displays its main executives including deliang lin, chi fai kwan and tat fung yu. Shanghai commercial property sale to yuexiu reit subsidiary. While this blog provides an archive of announcements from the companies, it does not own the rights nor responsible for the accuracy of the announcements. The portfolio comprises all of the office floors of office tower 1 including levels 4 to 28, and the equipment and emergency shelter floor on level 16, which contains no lettable space and office tower 2 including.

At the same time, moodys has changed the outlook on yuexiu reit mtn company limiteds ratings to negative from stable. We are mindful that we touch many lives in the course of running our business. United states will be made by means of an offering circular that may be obtained. View realtime stock prices and stock quotes for a full financial overview. The united states securities and exchange commission does not pass upon the merits of or give its approval to any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering circular or. The manager forecasts that, in the absence of unforeseen circumstances and on the bases and assumptions set out in the offering circular, the profit of hui xian reit for the period from the listing date to 30 june 2011 will be not less. New century real estate investment trust 1275 hk january 2015. View daily, weekly or monthly format back to when yuexiu reit stock was issued. It is incorporated in hong kong and it was listed on. Hong kongbased yuexiu real estate investment trust reit reported a 3.

May 01, 2020 before investing, you should read the prospectus, offering circular, indenture, or similar document carefully for a full description of the product, including its features and risks, to determine whether it is an appropriate investment for your investment objectives, risk tolerance, financial situation and other individual factors, and be sure. 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. Yuexiu real estate investment trust yuexiu reit circular dated 30 june 2012 the circular we enclose the circular of yuexiu reit. Both yuexiu and huixian reit invest in china office, retail and hotel.

Its major shareholder is guangzhou yuexiu holdings limited, the investment corporation of the guangzhou government in hong kong. In 2019, the properties of yuexiu reit recorded total revenue of approximately rmb2,058,112,000, representing an increase of 1. Hong kong, december 30, 2015 moodys investors service has changed the outlook on yuexiu real estate investment trusts yuexiu reit baa2 issuer rating to negative from stable. Both the english and chinese language versions of the circular have been. Yuexiu prop is a redchip company with a longlisting history in hk since 1992.

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