Best info always comes informally. But good lah, else it gets more and more expensive to see a doc.
Anyway, it does not make sense to keep increasing rent. If reit can maintain (or just reduce a bit) the rent and the DPU does not drop too much, then it’s ok. At current price, most yield is more than 5%, with only 30+ gearing, a few years of interest cover. So I would say it’s still quite a good tool if one invests for dividend especially when local FD interest is still low and Singapore bond is just about 2%.
Not so rosy yet the share price trade at a premium level for most of the Reits counter. Dyodd
Reply to @evelow : May be.
Best info always comes informally. But good lah, else it gets more and more expensive to see a doc.
Anyway, it does not make sense to keep increasing rent. If reit can maintain (or just reduce a bit) the rent and the DPU does not drop too much, then it’s ok. At current price, most yield is more than 5%, with only 30+ gearing, a few years of interest cover. So I would say it’s still quite a good tool if one invests for dividend especially when local FD interest is still low and Singapore bond is just about 2%.
Have sold my REITS as the future is not so bright