Savings have been an integral part of our approach towards financial freedom since we started working 12 years ago. There are many competitive savings accounts in the market that are giving out decent interest rates and meeting various needs of the consumers. When DBS Multiplier Account was first introduced in 2014, I quickly made the…
Category: Uncategorized
Manulife Reit Makes An Acquisition of Centerpointe
Barely a few days after Manulife Reit announces their Q1FY19 quarterly results which I covered here, they announces an M&A for two towers of Centerpointe I & II, which is South of Virginia (about 30 minutes from Washington DC). The acquisition of these freehold properties is at the implied cap rate of 7.55% for a Class…
ARA Hospitality Trust – Preliminary Prospectus IPO
After my previous article on Eagle Hospitality Trust (EHT), this would be another prospecting on a US hospitality trust which is slated to go public upon approval of listing from MAS. Like EHT, ARA-HT is claiming to be the very first US pure-play hospitality to be listed in SGX. I guess we’ll have to see…
Eagle Hospitality Trust – Preliminary Prospectus IPO
Eagle Hospitality Trust (EHT) is currently preparing for their public offering issuance and has lodged their prospectus with MAS. If you want to read their prospectus in detail, you can find them here. If successful, it will be the very first US pure-play hospitality Reit we have in SGX. It’s interesting to see the various pure…
Starhill Global Reit – Q3FY19 Results and Thoughts
Starhill Global Reit posted their Q3FY19 results yesterday evening which saw their revenue and NPI dropped slightly by 0.9% and 1.8% YoY. As a result, this brings a lower income available for distributional from the previous year quarter of $25.4m to $25m, a marginal drop. What is interesting is they decide to retain less for…
Manulife Reit – Decent Q1FY19 Result Start To The Year
Manulife Reit announced their Q1 FY19 results this morning which saw a 27.7% increase in Net Property Income (NPI) year on year due to the 2018 acquisitions of two buildings – Penn in Washington DC and Phipps in Atlanta. This trickles down to bottomline DPU performance which grows slightly by 0.7% year on year to…
REITs Symposium 2019 – Your Information Guide To Most Reits You Need To Know (Updated)
This is a quick update on my previous post on the upcoming Reits Symposium which will take place on the 18th May 2019 at the Marina Bay Sands Convention Center. Shareinvestor has updated me on the agenda details which includes the interesting panel discussion which includes several veterans from the Reits industry which I think…
Apr 19 – Portfolio & Networth Update
No. Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Starhill Reit 377,000 0.755 284,635.00 30.0% 2. Vicom 31,300 6.79 212,527.00 23.0% 3. Netlink Trust 236,000 0.835 197,060.00 21.0% 4. First Reit 152,000 0.98 148,994.00 17.0% 5. The Hour Glass 106,900 0.80 85,520.00 9.0%…
How Do You React When Your Companies’ Share Price Goes Up or Down?
I received an email from a reader (whose name I’ve concealed) who asked for my opinion on his recent purchase of stock which leads me to write this article. In the email, he mentioned that he initially bought OCBC at a share price of $11 with the intention of holding it long term. However, as…
What Recently Reminded You of How Fast Time Flies?
Our elder son is turning 5 years old next week which means for both my wife and I we had him by our side for nearly 5 years of our lives now. For a 5 year old, that is his whole 100% of his life together with us but for my wife and I it…