Starhill Global has Annualized Dividend Yield of 11.9%

Last done at SG$0.535, Starhill Global REIT has an annualized (2006-2009) dividend yield of 11.9% (Rights in July '09 not factored). To put it in perspective, our local banks' annual interest rate can be as low as 0.125%.

Last week, YTL Pacific Star's REIT Management; Property Management; and REIT Management Holdings have been renamed to contain the phrase Starhill Global. This demonstrates the alignment of various stakeholders.

Presently, Starhill Global REIT invests shopping malls in Singapore (Wisma Atria and Ngee Ann City), China, Japan and Australia. Pending acquisition is the Starhill Gallery and Lot 10 malls in Kuala Lumpur. It is the most diversified retail REIT in SGX - very apt of the word, Global.