It was a jam-packed newsworthy day yesterday in the REITs space with the proposed merger of Ascott REIT and Ascendas Hospitality Trust (AHT), the MAS consultation on increasing gearing limits on REITs and a proposed acquisition of 12 properties by Frasers Logistics and Industrial Trust (FLT) from its sponsor. To be honest, I was kinda irritated by the merger as I am in the … [Read more...] about Frasers Logistics and Industrial Trust to acquire 12 properties from sponsor Frasers Property
Frasers Logistics and Industrial Trust
Frasers L&I Trust preferential offering results
Greetings from Tianjin! I've been busy these 2 weeks as I'm currently on a work trip, so no regular content last weekend. Chilling in my hotel room at the moment so I decided to give a quick update on my portfolio. The Frasers Logistics and Industrial Trust PO results are in! As expected, I didn't get all the excess rights I subscribed to: Total units … [Read more...] about Frasers L&I Trust preferential offering results
Don’t Freeze
I have always maintained that I suck at trading and timing the market. That said, from time to time, intense short term pain in the markets sometimes compel me to think about making a high percentage trade. Recent volatility in the Singapore stock market presented some opportunities for me to do just that. This blog covers mostly the actions I did take, so a story of how I … [Read more...] about Don’t Freeze