The recent price weakness of Logistics REITs, due to inflation fears as well as interest rate hikes, presents a good entry point in this particular asset class segment. Mapletree Logistics Trust, AIMS APAC REIT and ESR-LOGOS market prices have declined significantly over the past 6 months. Locally, there are many positive rental reversion cases in view of the limited warehousing space available. 5 years ago, the whole warehousing space market was in a terrible low occupancy state with rates plunging to S$1.00psf in Western Singapore. Since post COVID era, the cost of space has ballooned to between S$1.50 to S$2.00 at most warehousing facilities.  1. Take it or leave it attitude of logistics LandlordMany warehouse landlords have been playing hard ball recently as currently, in par

I have decided to publish my reply in response to a reader's comment that AA REIT's gearing level is at 51% as a blog.This is because I have received similar comments in recent months.Having my response published as a blog will make it easier for me... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

First published in Business Times on 18 March 2022 Shareholders regularly have to vote on various corporate actions either at annual general meetings (AGMs) or extraordinary general meetings (EGMs). Sometimes, the issues at hand are fairly routine – such as the reappointment of directors and auditors – and so voting would be relatively straightforward. Other times, though, the issues may be complex – in which case small shareholders might rely on expert views. Playing an increasingly prominent role in this regard are activist fund managers who, as sophisticated investors, are able to tap considerable expertise and research to present convincing arguments that help small shareholders make up their minds. This was very much the case back in 2020 when Quarz Capital, together

Another reader left me a comment but didn't want his identity known.So, not publishing his comment which has a link to his page.The comment: Dear AK Thanks for selflessly sharing your knowledge, experience and wisdom...I recently found your blog... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

 Self Reflection:Stock Market is a dangerous place. However, placing money in the bank would also erode value as the bank interest is near to nothing.The rule "Never lose money" would not be applicable to ordinary investors like myself, who bascially buy and hold.I am not a good stock picker as I had bought/sold some toxic stocks in the past. For example, Rickmers (41% loss), Hyflux (24% loss), Noble Group (15% gain)......There is also a 100% loss in Eagle HTr.  I took on a major project before Eagle's price collapsed.  As Murphy's law dictates, everything gone wrong, even the harddisk of my new laptop crashed with data non recoverable.  After I completed my project, then I found that Eagle has already been suspended. Luckily, only 1,000 shares involved from its IPO.Tal

Working >50% time at home with minimal social gathering and meet-ups with friends, 2021 sped by like a rocket.  I am not an artistic person and never imagine that I will be doing ART every week...(before going back to office).Stayed in hospital for a week (not covid).  This was a wake-up call for me. I start exercising 4-5 days a week, when not going back to office. Do feel improvement in personal health and fitness.  Well, time to do a final review on my portfolio's performace in 2021.Top 30 positions of my portfolio at end 2021:1. SGX2. ParkwayLife Reit3. UOB4. Keppel DC Reit5. OCBC6. FCT7. Frasers L&C Tr8. AIMS APAC Reit9. CapitaLand I Comm Tr10. Mapletree Com Tr11. Mapletree Indust Tr12. Ascendas Reit13. Keppel Corp14. SPH Reit15. Suntec Reit16. CDL HT

This is a short blog in reply to a reader's comment in my last blog which was about my largest REIT investments. Read the reader's comment: HERE.  (adsbygoogle = window.adsbygoogle || []).push({}); My reply: When it comes to AA REIT's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

On the 26th October 2021, I had the opportunity to speak to Mr Adrian Chui, CEO and Executive Director of ESR REIT. As you may have known, the recent announcement of ESR REIT’s proposed Merger with ARA LOGOS Logistics Trust has sparked many questions amongst investors.  Proposed merger of ESR REIT with ARA LOGOS Logistics Trust: Resources Proposed merger with ARA LOGOS Logistics Trust Presentation Slides – ESR REIT Proposed merger with ESR REIT Presentation Slides – ARA LOGOS Logistics Trust MoneyFM 89.3 Radio Interview covering the REIT mergers Frequently Asked Questions – Proposed Merger Of ESR-REIT And ARA LOGOS Logistics Trust By Way Of A Trust Scheme Of Arrangement During my visit to ESR Bizpark @ Changi, on behalf of investors, in an interview with M

It is confirmed. AIMS APAC REIT is going to buy Woolworths' HQ in Sydney. The price tag? Around S$454 million. This is going to increase the REIT's portfolio value by more than 26%. (adsbygoogle = window.adsbygoogle || []).push({}); As a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Following the announcement of Koh Wee Lih’s resignation as the chief executive officer (CEO) and ... Read more >> The post AIMS APAC REIT (SGX:O5RU): Buy the dip? first appeared on .