Welcome

Welcome to my investment blog where I share with you my analysis of REITs in Singapore.

I hope that my investment philosophy will bring me a steady stream of income apart from my job. I am aiming for at least $3,000 per month which can sustain the current expenses of myself and my family.

Do enjoy reading my blog and post any comments that you have. I welcome them because it is a time to learn from each other.

When I am looking at investing in REIT, here are some of the guidelines that I am looking at. Feel free to comment on it. I am willing to listen to ideas.

-> at least 8% yield.
-> Price that is lower than its NAV.
-> Low gearing (if possible)
-> High secured NAV.

Current Dividend income is $3,800/month.

Wednesday, March 7, 2012

Cambridge Industrial Trust - $500 Million Medium Term Note Programme

http://www.cambridge-itrust.com/phoenix.zhtml?c=196153&p=irol-irhome

Recently I found out that Cambridge has establish its $500 Million Medium Term Note Programme (the news was released on 2nd Feb) which I thought was a favorable option for investors. Because they are now able to unencumber their properties to secure its NAV for us, investors. This should raise its appeal as there are more certainty now.

One point to note is that the interest rates from this programme is still unknown and might be higher or lower than their current bank loan. But Cambridge has been paying quite high interest rates since 2008 so it should be either the same or lower.

I am vested with 50,000 shares of Cambridge and intend to continue holding on to this REIT until it reaches $0.62 which is its NAV value.

1 comment:

  1. Cambridge Industrial Trust wishes to announce that RBC Dexia Trust Services Singapore Limited, in its capacity as trustee of CIT, has established a S$500,000,000 Multicurrency Medium Term Note Programme and that in connection therewith, the Manager and the CIT Trustee have appointed Australia and New Zealand Banking Group Limited to act as the arranger and the dealer of the MTN Programme...structured settlement cash

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