Investment & Life
180 FOLLOWERS
Singapore REIT, Investing, Dividend, Passive Income to get out from rat race
Investment & Life
4y ago
For year 2019 I have achieved my target set here , dividend + realised gain is around $45,000. Since my last post, I had reduced my holding in FLT to lock some profit, disposed Fortune REIT, FCOT, MNACT and IREIT. From those capital I channeled into CRCT, EC World, AREIT, KORE, Manulife, AIMS Reit and Landlease. Following is my current portfolio based on market value percentage Stock
Allocation
First REIT
38.38%
FLT
16.70%
CRCT
11.75%
AIMS Reit
10.08%
AREIT
7.08%
EC World
5.40%
Manulife
2.61%
KepPac
2.51%
Landlease
2.00%
PropNext
1.25%
Apac Reality
1.18%
IReit Global
1.07%
My current ..read more
Investment & Life
5y ago
It has been almost a year since I last review IREIT result, I feel Q2 result for IREIT is positive as the manager bring a few positive results which summaries below Munster South Building,One of vacant floor since April 2017, finally the manager has manage to lease out with 8.5 years commencing 1 July 201. This will bring additional income and support to maintain current dividend. Finance CostThe finance cost has come down due to refinancing at the lower interest rate from 2% to 1.5% which bring additional income to the dividend as stated by the manager "Income available for distribution i ..read more
Investment & Life
5y ago
The result is expected as there is no major development in Q219 and dividend is supported by $4.9m gain from the Gain on disposal of hotel development right. With this total of $27.2m out of $44m has been used. Another bad news is Microsoft Operations Pte Ltd which contribute around 3% FCOT gross rental income has exercise option to per-terminate its lease in Alexandra Technopark and it will end by Jan 2020. There are 2 AEI in progress China Square Central that cost $38mCentral Park that cost $11.5mThose AEI need $$$ which might explain the debt has gone up from previous 610m to 627m. From ..read more