Soft demand on Reits ? π§
Recently SGX reits seems beaten down badly, left and right [Cry]
These 3 reits at the bottom of my watch listtoday [Cry] tried to dig out the news why, but not all are bad, lets share if you know my friends ?
$Prime US ReitUSD(OXMU.SI)$DPU is higher yet the price is sliding [Surprised]
$SASSEUR REIT(CRPU.SI)$DPU dip due to lock down in China, so fair enough if price dip. however Chongqing Bishan outlet strong occupancy and sales, got hope ! [Happy]
$ESR-REIT(J91U.SI)$DPU down, also after merger the PB become higher, which made me regret bought it. (Bought before merger)
My Summary: sometimes no matter how try best to pick the stocks, the outcome not as per i expect, the dip more than the dividend [Spurting] the Dividend yield still looks attractive though. Just that due to interest hike, covid, dampened the demand/interest for REITS, it doesn't look as attractive anymore, so the existing investor may also sell/exit due to less demand price continue to slide.
Is this time to add or cut loss or leave it ? Let me know yr idea my friends.
Invest wisely [love you]
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- jervis43Β·2022-08-22$Prime US ReitUSD(OXMU.SI)$ portfolio is mainly US offices. given the current macroeconomic environment, it makes sense to dip in price...2Report
- rinlΒ·2022-08-22Have ESR, will continue to hold for dividend, may add Prime, for the high dividend [smile]2Report
- BenjiFujiΒ·2022-08-22Interest rate hike leads to downward price pressure for REITs. Because greater yield required plus higher cost of borrowing. Stay safe ya and dun blindly fire. [Great]2Report
- HelenJanetΒ·2022-08-22Thanks for sharing the news of the 3 reits. I have the first 2 reits and they are now in deep red. Hope one day they will reverse the trend from downward to upward. [ShakeHands]3Report
- khorsooΒ·2022-08-24i personally hold oxmu and ESR (from ARA logistics days) . ESR has better exposure to logistics which is always in demand since acquiring ARA. Prime on the other hand has really good locations1Report
- 倧η½ε ε₯³ηΒ·2022-08-23I am holding the first two reits. Monitoring while collecting divvy.2Report
- LMSunshineΒ·2022-08-22From what I read, interest rate increase is not good for REITs?2Report
- Xman0808Β·2022-08-24All my sg reits losing money now. But i will just hold for long term1Report
- hj489Β·2022-08-24ESR is in my portfolio, hope could recover from the pandemic2Report
- AnthonyFooΒ·2022-08-26REITs are in bad shape nowadays, no choice but have to hold for long term.1Report
- cat101Β·2022-08-23High interest environment1Report
- Venus168Β·2022-09-02[What]LikeReport
- ericbieΒ·2022-08-29[smile]LikeReport
- vic78Β·2022-08-27ππLikeReport
- Gerald33kmΒ·2022-08-26Ok1Report
- TECKHENGΒ·2022-08-25[Cool]1Report
- EnvyappleΒ·2022-08-25Ok1Report
- lucaslau88Β·2022-08-25Ok1Report
- llwooΒ·2022-08-25π1Report
- pancherryΒ·2022-08-25noted1Report