- Yield = 9.41%
- Price-to-book Ratio = 0.842
- Assets per unit = $1.305
- Debt per unit = $0.515 (including current liabilities)
- Gearing = 39.4%
Soilbuild Business Trust recently caught my attention because of its pricing. It now ranks close to Sabana REIT and Viva Industrial Trust in terms of yield and price-to-book ratio. Let's look at the statistics.
The yield is currently at 9.41% which is quite attractive. It is also quite comparable to Sabana REIT (at 9.55%) and Viva Industrial Trust (at 9.52%). Its price-to-NAV ratio is at 0.842 which means you are buying at 15% discount to their valuation. While it is not really comparable to Sabana, it is higher than Viva Industrial Trust. Gearing is at 39.4% which is quite manageable.
On my hand, I have some investments in AIMSAMP Industrial Trust which has recently moved up in price. Although it is good, the statistics may not be favourable anymore so I am looking at something else to change it to and this is definitely one of my options which I am evaluating now. I already have exposure in Sabana and Viva so may want to think of diversifying. However, I am heavily exposed to industrial REITs so this would also be one of the considerations as well.
The yield is currently at 9.41% which is quite attractive. It is also quite comparable to Sabana REIT (at 9.55%) and Viva Industrial Trust (at 9.52%). Its price-to-NAV ratio is at 0.842 which means you are buying at 15% discount to their valuation. While it is not really comparable to Sabana, it is higher than Viva Industrial Trust. Gearing is at 39.4% which is quite manageable.
On my hand, I have some investments in AIMSAMP Industrial Trust which has recently moved up in price. Although it is good, the statistics may not be favourable anymore so I am looking at something else to change it to and this is definitely one of my options which I am evaluating now. I already have exposure in Sabana and Viva so may want to think of diversifying. However, I am heavily exposed to industrial REITs so this would also be one of the considerations as well.
What do you thin about Accordia Golf Trust (SGX:ADQU) ? It's my favorite :-)
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