But ARA is now the manager of Cache. Their history tells that they will do something to improve Cache performance. Merging with ESR may offer synergies for the combined entity. Of course, this is my opinion only.
Reply to @KitWhye : I think that ESR would first try to execute the AEIs within their own portfolio, before moving on their next acquisition. My guess is that it will be Sabana REIT, because parent ESR has bought up a stake in the REIT, as well as the management company.
Better liquidate since the NAV is higher then share price. Share price, DPU, earning etc. all KPI keep dropping.....either liquidate or change manager like what Sabana did for revival.
But ARA is now the manager of Cache. Their history tells that they will do something to improve Cache performance. Merging with ESR may offer synergies for the combined entity. Of course, this is my opinion only.
Reply to @KitWhye : I think that ESR would first try to execute the AEIs within their own portfolio, before moving on their next acquisition. My guess is that it will be Sabana REIT, because parent ESR has bought up a stake in the REIT, as well as the management company.
Better liquidate since the NAV is higher then share price. Share price, DPU, earning etc. all KPI keep dropping.....either liquidate or change manager like what Sabana did for revival.
"Next time I will share 3 high yield Reits which I invested in recently."
Looking fwd to this.
Reply to @Pizzaprata : Yes. Reits and a handful of blue chips. The rest of the stocks are participants in SGX gambling house.