Yield Watch: Singapore REITs performance
It looks like singapore reits are having a torrid time. The good folks over at SG REIT Data have an update there.
Of particular interest is that LMIR is down 30% since dec and so is Fraser’s Commercial REIT. It is understandable for Fraser’s since they are more highly leverage but LMIR? They have the lowest leverage (less than 20%) and they are down like that?
I would think the reasons are systemetic rather than credit this time if that is the case. The business of retail rental and commercial rental are showing signs of taking bad hits from the way the prices move.
[Read about all REIT 3 mth stock performance here>>]
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=5261a967-25e3-4c18-8ade-f2ac867a4268 "Yield Watch: Singapore REITs performance")
Related posts:
- Yield Watch: REITs added to Dividend Stock tracker
- Yield Watch:D.O.G’s nice take on REITs
- Yield Watch:REITs doing well today. Blog Awards: Top Stock Market Blog!
- Yield Watch:Frasers Commercial Trust Figures Tweaked
- Safety in Reits? Don’t count on it:Analysts
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
I bought Starhub at a time where many of...
RSS
Twitter
Buzz
S-Reits should maintain steady flow of dividends to ensure confident in investors. Please remember that investors are like voters in general elections, they remember those who treat them well and those who abandon them during hard times. Sound familiar?