For existing unitholders of IREIT Global, is anyone going to subscribe to Preferential Offering?
https://links.sgx.com/1.0.0/corporate-annou...30363e0bfd51539

REading all these, bros,... glad I made a strong decision to divest Sabana REIT many yrs ago when I saw 'signs',.... It was a hard decision,.. dpu was good, paid 4 times a year,...

Sometimes, investing is hard and who said no need to monitor our investments when it's REITs ??????

Yesterday,... I cutloss on Paragon REIT !!!!!!!!

Hi bro. Long time no see. How are you?

I have quit S-REITs for a long time. All in US/SG T-bills, VOO, QQQM and holdings in TSM and Hermes. Also have a very small stake in Novo Nordisk.

There is nothing good about S-REITs. The business model is: borrow to buy (+ acquisition fee), sell to deleverage (+divestment fee). When cannot borrow to buy, do an EFR. There is absolutely no alignment of interest with unitholders whatsoever. All REITs want to scale, but big is not always the best. 

Even big boys like CICT and Ascendas REIT has been underperforming and the best boy Parkway LIFE had to do an EFR, let alone the small-cap ones.

The low ROA nature of real estate investment coupled with the accompanying high leverage to boost ROE will always be hurting shareholders during bad times.

Either you count on ever dropping interest rate to kick the can down the road (which is what the REITs had done for the past decade after 2008 GFC till 2020 Covid), or you quit the rat race of EFR.

Since you are an HNWI/UHNWI, will advise you to put your millions into an index fund + T-bills and enjoy life. Finance should be simple and not demanding. Put your hard-earned money into better use than paying those fee suckers, unless you love to bet with them.

Cheers, and have a great day ahead. Do send my best regards to your family.

TOS