Perennial China Retail Trust

[cfa]

Nan Fung could be dumping again.

[Boon]

Nan Fung could be dumping again.

Spot on.

From about 12% to 6.35% now - will cease to be a SSH soon ( < 5%) !

http://infopub.sgx.com/FileOpen/_Form3Co...eID=321242

(Not vested)

[kayhian]

wow .... heavy trading today.

[kayhian]

http://www.bloomberg.com/news/2014-10-09...l-pie.html

AMP Capital Investors Ltd., with more than A$17.4 billion ($15.3 billion) in property assets, is seeking to partner with Chinese shopping center owners to take advantage of an expanding middle class and transition to a consumer-led economy.

The tie-ups could range from initially providing advisory services to mainland mall developers to ultimately investing in real estate, said Simon Vinson, head of Asian property at AMP Capital. It’s also open to acquiring or partnering with companies with interests in Chinese retail assets, he said.

“The China retail sector is a very attractive long-term investment play for global institutional clients,” Vinson said yesterday in an interview in Sydney. “We see opportunities to acquire non-performing assets in good locations, good catchment areas, with good access to public transport facilities and limited effective competition.”

China accounted for 73 percent of commercial property investments in Asia in the first half of 2014, according to a Sept. 18 report by broker Cushman & Wakefield Inc. Cities across Greater China are the most attractive Asia-Pacific region locations for international retailers, Jones Lang LaSalle Inc. said in June. Retail sales in the world’s second-largest economy will rise at least 12 percent in each of the next three years, according to economists surveyed by Bloomberg News.

AMP Capital in September 2013 said it would partner with China Life Insurance Co., the nation’s largest insurer, to set up a funds management company targeting Chinese investors. The joint venture started off investing in domestic listed equities and fixed income, it said in a statement at the time.

[sgpunter]

56m shares married deal at $0.555. That's a cool $31.08m.

Probably Nan Fung again. Looks like the overhang from the Nan Fung sales could be removed soon.

[greengiraffe]

http://www.businesstimes.com.sg/companie...f-095-cent

PCRT paying one-off Q3 DPU of 0.95 cent
By
Lee Meixianleemx@sph.com.sg@LeeMeixianBT
5 Nov5:50 AM
Singapore

PERENNIAL China Retail Trust (PCRT) on Tuesday declared a one-off interim distribution per unit (DPU) of 0.95 Singapore cent for its third quarter ended Sept 30, 2014, instead of the semi-annual payments it usually makes for six-month periods ending June and December.

The

[kayhian]

No Reduction in Offer Price in respect of the 3Q 2014 Distribution by PCRT

[Boon]

56m shares married deal at $0.555. That's a cool $31.08m.

Probably Nan Fung again. Looks like the overhang from the Nan Fung sales could be removed soon.

Fast exit - Nan Fung's stake down to 1.356% - no longer a SSH - all cash up to buy Forterra - ha- ha !

http://www.valuebuddies.com/newreply.php...lyto=98871

(not vested)