Manulife US REIT debuts in Singapore slightly below IPO price
http://www.reuters.com/article/manulife-us...s-idUSS7N18200B

i disposed 2 weeks ago.

I still hold leh....and I have quite a number...

Initially wanted to sell also, but when I see the details of the announcement, the TOS default on the lease is backed by bank guarantee of 18 months rent. If that is the case, then Soilbuild will be reimbursed for the next 1.5 years rental because they are claiming from the bank guarantee. Hope they can find replacement tenant in a year...

Then I thought if I sell this reit, where to find another ok ok reit which has >8% yield....so I take a gamble and hold. Let's see for the next 3 months my gamble is or

Bro

Next time give us hint earlier so that can follow u.

Me too. I was convinced by the bank guarantee too. Let s see how it works. Pray hard starting today.

i did.

Bro,

So, now should i cut loss?

depends what is yr entry price? Mine I cut coz loss a bit only after costed in dividends.
If my losses is high.. i will normally keep. Take the risk.
and collect the dividends to ride out the differences.
I believe with holding power.. it will even out in the end.



Here is update article.\


http://www.reitsweek.com/2016/05/soilbuild...rty-tussle.html

sold off my SOILBUILD.. money in.. what to buy? what to buy?

at this time, better hold.

50% usa will hike rates in june-july.

reit prices will not rise for now.

Banks. Even Maybank is cheap now. PE 11.5 DY 6.5%

SG REITS thread...

money in SG. not porting any back to M'sia...

I agree with AV. Hold for fresh lead if you want to stay in Reits. Or look elsewhere is you don't want to wait

http://www.ejinsight.com/20160524-empty-st...ppers-paradise/


Empty stores multiply in Singapore, no longer shoppers’ paradise


OH no.. indication to start trimming our RETAIL REITS?

Suntec
STarhill
OUE HOSP....

I only have FCT that mainly focus on suburban malls targeting local resident.

http://www.reitsweek.com/2016/05/soilbuild...ntee-fails.html

Singapore-listed industrial REIT, Soilbuild Business Trust, announced on 26 May that it has received SGD11.8 million in cash after claiming a bank guarantee equivalent to 18 months of rent for its property at 72 Loyang Way.

The REIT was successful with the claim after Singapore’s High Court dismissed a bid by Technics Oil & Gas Limited to restrain a call on the bank guarantee on 25 May.

The bank guarantee was held as security deposit by DBS Trustee Limited in its capacity as trustee of Soilbuild REIT. Technics Oil & Gas Limited is the lease guarantor of Technics Offshore Engineering Pte Ltd, the latter of which is occupying 72 Loyang Way.

Soilbuild REIT has earlier commenced legal action against Technics Offshore Engineering, claiming a sum of SGD2.19 million for default in payment of rent, the security deposit for the second year of lease amounting to SGD11.8 million, and other costs.

“Following the receipt of the cash under the bank guarantee, the manager does not expect there to be an immediate financial impact on Soilbuild REIT’s distribution per unit for the current financial year”, said the REIT in a statement on the cash receipt.

72 Loyang Way is a seafront industrial property that was acquired by Soilbuild REIT in mid-2015 from Technics Offshore Engineering for SGD97 million in a sale-and-leaseback arrangement.

The agreement was for Technics to rent the property for a term of 15 years at SGD7.87 million per year, and a rental escalation of up to 2.25% every year starting from year three. The property has a remaining tenure of about 22 years.

Units of Soilbuild Business Space REIT finished flat from its previous trading day on the Singapore Exchange at SGD0.685.

So, can still hold on to Soilbuilder? I have not sell.

http://www.reitsweek.com/2016/05/soilbuild...ing-of-bbb.html

Is it a bad news for shareholders?

http://www.bloomberg.com/news/articles/201...oppers-paradise

not sure if this has been posted b4...

http://reitsymposium.com/

Thinking of going there to gain more information. Anybody interested to go?