Prime US REIT divest property below its valuation price: https://links.sgx.com/1.0.0/corporate-annou...d8e4f949c3d396a

Tell you they need to deleverage and charge 0.5% divestment fee some more

What a joke...

This post has been edited by TOS: May 15 2024, 05:15 PM

Be careful with unlisted REITs: https://www.ft.com/content/1b0ce791-e387-4e...2a-14d59b3ced1f

Netlink NBN Trust results: https://links.sgx.com/1.0.0/corporate-annou...e8459c97e91a448

Sabana's EGM development:

https://links.sgx.com/FileOpen/2nd%20letter...t&FileID=803871

https://links.sgx.com/FileOpen/Sabana_EGM_q...t&FileID=803863

Cromwell European REIT has a new sponsor: https://links.sgx.com/1.0.0/corporate-annou...99aada94c913f8e

Sabana's EGM postponed by High Court hearing today: https://links.sgx.com/FileOpen/Sabana%20-%2...t&FileID=804403

https://archive.ph/ooSbG

REITs are literally "praying" for Fed to cut rates... lol

I hope Fed will raise rates instead.

You wish the financial markets to tank?
Must be in net cash position.

I want Fed to cut rates leh. My S-REIT portfolio in Syfe is red for a long time

HUGE net cash position

Thrifty guy with 70% saving rate here...

The ruling is out: https://links.sgx.com/FileOpen/24%20May%20T...t&FileID=804417

FT Asian prime property

Singapore’s shophouses — hotter than Fifth Avenue?
Amid changing political dynamics in South-East Asia, these colonial-era buildings have become some of the world’s most expensive properties, home to Michelin stars and chichi retailers — and a target for money launderers

(no paywall) https://archive.ph/kg9cR#selection-1531.0-1581.220

(original article link) https://www.ft.com/content/e1a53cb8-5bf0-40...a0-bcdd738c0f11

This post has been edited by TOS: May 24 2024, 06:08 PM

BHG retail REIT 1Q 24 business updates: https://links.sgx.com/FileOpen/BHG%20REIT%2...t&FileID=804479

Lendlease wanna suck more fees from its REIT holders hehe

https://www.reuters.com/markets/australias-...wth-2024-05-27/

EC World REIT's sponsor in deep shit lol

https://links.sgx.com/FileOpen/ECW_Update%2...t&FileID=804689

I'm replacing some REITs with Singtel and DBS.

DBS is surely ok, but why Singtel? Cut-throat telco landscape in SG, ever increasing leverage... a lot of issues with Optus management in Australia, digital banking still bleeding money... Not looking good...

One simple reply first : Divesting assets to create the value realisation divdiend. And payout is today at 70% to 90% of EBIT. Optus raised prices today, Optus court case costs have had impairment made and balance sheets is still strong. JV with NVidia to create an AI Data Centre this year,....

SGIC claims "victory", so they made changes to Sabana's EGM resolutions: https://links.sgx.com/FileOpen/Sabana%20_Re...t&FileID=805137

Thank you, TOS...

Singtel's underlying profit is still weak in the recent period, but the reason for this is because of non-cash reasons, and because of 'exceptional' losses.

The question now is : will Singtel be able to turn around with all these new initiatives, called the Singtel 28 ?

And secondly,... this is on a personal basis : as a dividend investor, REITs will not be as good as in the earlier days moving fwd and hence, need to find another dividend-generator.