As Saizen REIT was the largest investment in my portfolio, making up some 40% of total funds invested (excluding funds in my frozen portfolio), the amount of money released was no small change. Leaving the money in the bank was not an option with interest paid on savings a paltry 0.1% per annum.I blogged about my partial divestment of Saizen REIT as price gap closed at 15c. I still retain more than 10% of my original investment in the REIT. See blog post here.
As Saizen REIT was the largest investment in my portfolio, making up some 40% of total funds invested (excluding funds in my frozen portfolio), the amount of money released was no small change. Leaving the money in the bank was not an option with interest paid on savings a paltry 0.1% per annum.
So, at the right time, I moved the bulk of the funds into Cache Logistics Trust, First REIT and Sabana REIT. I blogged about these quite a bit too.
See the following blog posts:
Cache Logistics Trust: Accumulate on weakness.
First REIT: Bought more at 73.5c.
Sabana REIT: Bought more at 93.5c.
Another round of income distribution from all three REITs was ......
As Saizen REIT was the largest investment in my portfolio, making up some 40% of total funds invested (excluding funds in my frozen portfolio), the amount of money released was no small change. Leaving the money in the bank was not an option with interest paid on savings a paltry 0.1% per annum.
