I have been wanting to invest in UK properties for some time, as I have the view that Brexit is good for UK. I was looking for Reits listed in UK, but did not find any that I like. This latest IPO will give me the opportunity to put my thoughts into action, and without hassle of managing lawyers, real estate agents, bankers, and renovation contractors.
It was reported recently that Lippo Malls Tr (D5IU.SI) sold 2 shopping malls (https://www.businesstimes.com.sg/companies-markets/lippo-malls-indonesia-retail-trust-to-divest-pejaten-village-and-binjai-supermall).
I bought some Ascendas Reit (A17U.SI) at the TERP (theoretical ex-rights price) of 3.10 today.
I always compare my leveraged returns against the best practices in the market, such as professional REIT managers borrow banks to make money for their Real Estate Investment Trusts (REIT). This allows me to evaluate the risks that I am taking vs the potential returns.
OUE Com Reit (TS0U.SI) has fallen 12.5% the past month, is it time to buy?
Mapletree Ind Tr (ME8U.SI) is a potential entry using one of my favorite setups.
Frasers L&I Tr (BUOU.SI) is a potential entry using one of my favorite setups.
CapitaCom Trust (C61U.SI) is a potential entry using one of my favorite setups.
First Reit (AW9U.SI) is a potential entry using one of my favorite setups.
Everyone wants to buy low, but how low is low enough?
One of my favorite buy setups is the use the weekly chart together with slow Stochastics. When it makes a “hook” in the oversold zone, its time to consider entering, as it may be low enough. For higher probability, combine it with candlesticks reversal pattern.
The following are Reits with increasing DPU. Some of them have pretty low dividend yield, which I have to wait for a major correction before collecting.
- Parkway Life (wait for major correction)
- First Reit
- Mapletree Ind
- Keppel DC (wait for major correction )
- Capita Com
- Mapletree Com
- Mapletree GCC
- Fortune (wait for major correction)
- Ascendas HTrust