Dec 19 Portfolio update and Achieved 2019 Target of $31,000
Investment & Life
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4y ago
For year 2019 I have achieved my target set here , dividend + realised gain is around $45,000. Since my last post, I had reduced my holding in FLT to lock some profit, disposed Fortune REIT, FCOT, MNACT and IREIT. From those capital I channeled into  CRCT, EC World, AREIT, KORE, Manulife, AIMS Reit and Landlease. Following is my current portfolio based on market value percentage Stock Allocation First REIT 38.38% FLT 16.70% CRCT 11.75% AIMS Reit 10.08% AREIT 7.08% EC World 5.40% Manulife 2.61% KepPac 2.51% Landlease 2.00% PropNext 1.25% Apac Reality 1.18% IReit Global 1.07% My current ..read more
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IREIT Q2FY19 Review
Investment & Life
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5y ago
It has been almost a year since I last review IREIT result, I feel Q2 result for IREIT is positive as the manager bring a few positive results which summaries below Munster South Building,One of vacant floor since April 2017, finally the manager has manage to lease out with 8.5 years commencing 1 July 201. This will bring additional income and support to maintain current dividend. Finance CostThe finance cost has come down due to refinancing at the lower interest rate from 2% to 1.5% which bring additional income to the dividend as stated by the manager "Income available for distribution i ..read more
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Frasers Commercial Trust (FCOT) Q2FY19 Review
Investment & Life
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5y ago
The result is expected as there is no major development in Q219 and dividend is supported by $4.9m gain from the Gain on disposal of hotel development right. With this total of $27.2m out of $44m has been used. Another bad news is Microsoft Operations Pte Ltd which contribute around 3% FCOT gross rental income has exercise option to per-terminate its lease in Alexandra Technopark and it will end by Jan 2020. There are 2 AEI in progress China Square Central that cost $38mCentral Park that cost $11.5mThose AEI need $$$ which might explain the debt has gone up from previous  610m to 627m. From ..read more
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