For readers who who are not subscribed to my YouTube channel or who simply prefer reading blogs to watching videos, I produced 2 videos recently and these are the transcripts.
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This was a comment from a reader yesterday.
Hence, could the Trust be trading at a fair priceĀ
AK said to the reader.
I had this to say about AIMS APAC real estate investment trust.
The exercise will raise around $100 million through the private placement and preferential offering.
The funds raised will help unlock greater value organically through active enhancement and re-development strategy.
If AK can talk to himself, so can you!
REITs and rights issues.
I have said before that I rather like rights issues if the money raised is used to generate more income for investors.
“The popularity of hard discounters, discounters and outlet stores in France has risen exponentially in recent years.
These 17 retail parks are leased to B and M Group, a European discount retailer listed on the London Stock Exchange with a market cap of about 4.7 billion Sterling Pounds.
However, similar to the purchase of Woolworth’s HQ in Australia by AIMS APAC real estate investment trust, I like that these 17 properties in France have excess plot ratios which could be developed for more rental income in future.
This reminds me of Saizen REIT when its properties were valued at under replacement cost.
The next thing I want to know is how the acquisition is going to be funded and whether it is going to be yield accretive.
Both Tikehau Capital and City Developments Limited, the joint sponsors, and the manager, will subscribe in full their allotment in the rights issue.
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#Buy #CLCT #REIT #IREITs #rights #issues #OTW