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Saturday, 9 June 2012

Stareit 进军澳洲?

放上这两则新闻让大家自己分析未来会对Stareit好还是坏。



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May 18, 2012, 11:36 AM.Malaysia’s Starhill REIT in Talks to Buy Three Marriott Hotels




By Gillian Tan
Malaysia’s Starhill Real Estate Investment Trust has entered exclusive talks to purchase three Marriott Hotels from Colonial First State’s Commonwealth Property Hotel Fund, a person familiar with the matter told Deal Journal Australia.

The transaction — which includes the Sydney Harbour, Melbourne and Brisbane Marriott Hotels — will be worth in excess of 400 million Australian dollars (US$394 million), the person said.




Sovereign wealth fund Abu Dhabi Investment Authority was the under-bidder in the transaction, the person added.

Commonwealth Property Hotel Fund was closed in 2009 and is currently working through a divestment program to return equity to unitholders, with a sunset date of Sept. 2012, according to its website.

The fund bought the three five star hotels between June 2000 and April 2001.

“We are pleased with the way discussions are progressing. It’s a limited life fund which is closing and assets are being sold into improved market conditions”, said a Colonial spokesman. Colonial is part of the Commonwealth Bank of Australia (CBA.AU).

The Kuala Lumpur-listed Starhill Real Estate Investment Trust invests in retail, office and hospitality-focused real estate, and is managed by Pintar Projek, a subsidiary of YTL Land, a wholly-owned subsidiary of YTL Corporation.

Its existing portfolio includes the JW Marriott Hotel and The Ritz-Carlton in Kuala Lumpur and Malaysia’s Cameron Highlands Resort.

A spokesperson for Starhill Real Estate Investment Trust was not immediately available for comment.

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http://blogs.wsj.com/dealjournal ... an-marriott-hotels/


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General Announcement
Reference No SR-120608-2FF75

Company Name
:
STARHILL REAL ESTATE INVESTMENT TRUST
Stock Name
:
STAREIT
Date Announced
:
08/06/2012


Type
:
Announcement
Subject
:
OTHERS

Description
:
STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT")
- ACQUISITION AND INCORPORATION OF NEW SUBSIDIARIES

Announcement Details/Table Section :

Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Pintar Projek Sdn Bhd, the manager of Starhill REIT, wishes to announce the acquisition and incorporation of the following new subsidiaries by Maybank Trustee Berhad (formerly known Mayban Trustee Berhad)(as the trustee for Starhill REIT)(“Trustee”) on 7 June 2012:-

Name of Company
Issued and Paid-up Share Capital
Date of Incorporation
Place of Incorporation
Versatile Degree Sdn BhdRM2.00 comprising two (2) ordinary shares of RM1.00 each
9 March 2012
Kuala Lumpur
Marvellous Calibre Sdn BhdRM2.00 comprising two (2) ordinary shares of RM1.00 each
29 March 2012
Kuala Lumpur
Starhill REIT (Australia) Pty LtdAUD$1.00 comprising one (1) ordinary share
7 June 2012
Victoria, Australia
Starhill Hospitality (Australia) Pty LtdAUD$1.00 comprising one (1) ordinary share
7 June 2012
Victoria,
Australia


On the same date, Marvellous Calibre Sdn Bhd has incorporated three (3) new subsidiaries, namely Starhill Hotel (Brisbane) Pty Ltd, Starhill Hotel (Sydney) Pty Ltd and Starhill Hotel (Melbourne) Pty Ltd, all in Victoria, Australia, each with the issued and paid-up share capital of AUD$1.00 comprising one (1) ordinary share.

(Collectively, “the Acquisitions and Incorporations”)

All shares held by the Trustee (direct and indirect via Marvellous Calibre Sdn Bhd) in the above corporations (“Corporations”) are in trust for and on behalf of Starhill REIT. As a result of the Acquisitions and Incorporations, the Corporations have become the wholly-owned subsidiaries of Starhill REIT.

The principal activities of the Corporations are set out below:-

      Name of Company
Principal Activities
Versatile Degree Sdn BhdInvestment holding
Marvellous Calibre Sdn BhdInvestment holding
Starhill REIT (Australia) Pty LtdTrustee company
Starhill Hospitality (Australia) Pty LtdTrustee company
Starhill Hotel (Brisbane) Pty LtdHotel operator
Starhill Hotel (Sydney) Pty LtdHotel operator
Starhill Hotel (Melbourne) Pty LtdHotel operator

The Acquisitions and Incorporations are not expected to have any material effect on the earnings, gearing or net assets of Starhill REIT for the current financial year.

 

2 comments:

yy said...

good:)

每增加一家酒店,代表盈利增加。

盈利增加,代表我们的租金分派就会增加:)

SingBlueSilver said...

盈利增加没错,但不知道Stareit有没有足够的钱。
希望它能提高它的gearing ratio,那么便不用向我们要钱了。

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