To The Moon

Tho' the fundamentals are not particularly good at Cromwell European REIT, this REIT unit price has been rising in the last 2 weeks. Rate cut effects truly 'masks' mkt movements.... till the dividend payout is filed for FY24.

Generally, all sectors would benefit, the difference is to which extent. Of course, every investor would want to catch the instrument that will benefit frim the most returns. And after all, this is what a rate cut is all abt... bringing back economic growth.

Financing cost won't be dropping so fast. Many REITs signed their financing packages when intetest rates were almost zero pre-covid. Today, interest rates are at 40-yr high (referring to Fed rates). Interest rates may be reduced soon BUT will not return to pre-covid levels. Hence, when REITs refinance their loans in the near future, they will still be subjected to higher rates compared to their pre-covid arrangements. Does the above make sense ?

Previously it was Tesla... today it's Nvidia. But many analysts 'laughed' at Tesla's valuation back then, nobody is laughing at Jensen's today.

Load-up on DBS & ICBC. DYODD first though....

And are written un different ways.

Good morning all. Lots of talk... but all are abt the same matter...

Hospitality REITs ? RevPAR and SR Rental to rise further ?

I think this is momentary... they will fall back...

Here cones the REITs' teportings... earnings' season for REITs in SG normally kicks off with KEPPEL DC REIT.