- Yield = 7.88%
- Price-to-book Ratio = 0.971
- Assets per unit = $1.311
- Debt per unit = $0.503 (including current liabilities)
- Gearing = 38.3%
SoilBuild Business Space REIT is one REIT which I have neglected posting ever since its IPO. Its price has been relative stable and they have been faithfully distributing dividends. With this trading price, here are the statistics.
Yield is at 7.88% which is at a high compared to other REITs. Quite rare would you get something which is close to 8%. However, they are priced at only 3% discount. Compared to Sabana REIT, it is not as attractive. Moreover, it does not have any secured NAV which increasingly many REITs are highlighting in their reports.
Soilbuild Business Space REIT vies with Viva Industrial Trust, AIMSAMP Industrial Trust and Sabana REIT for the same pool of investors. And their statistics are not very fantastic if you compare to its competitors. Yield is close to average while NAV is not attractive. I will still consider other REITs first.
Yield is at 7.88% which is at a high compared to other REITs. Quite rare would you get something which is close to 8%. However, they are priced at only 3% discount. Compared to Sabana REIT, it is not as attractive. Moreover, it does not have any secured NAV which increasingly many REITs are highlighting in their reports.
Soilbuild Business Space REIT vies with Viva Industrial Trust, AIMSAMP Industrial Trust and Sabana REIT for the same pool of investors. And their statistics are not very fantastic if you compare to its competitors. Yield is close to average while NAV is not attractive. I will still consider other REITs first.
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