Shares & Derivatives
Croesus Retail Trust – First Quarter results released and initiated long position
By SG Young Investment  •  November 13, 2013
I blog about investing in Japan's real estate 3 days ago here. There are 2 companies listed on the SGX which primarily owns real estate in Japan. One of them is Saizen Reit and the other is Croesus retail trust. I've bought into Croesus retail trust today at a price of 87.5cents. Main reason for buying is because of the high dividend yield. This trust promises a 100% payout ratio for the first 2 years. The dividend yield we're looking at on the current price is about 8% pa. Another reason is that we can take the opportunity to ride the widely discussed and predicted growth in Japan if it does happen. Well, this would be harder to predict but it will be good if it does happen. Today, Croesus retail trust released its 1st Quarter fianncial results. Actual distribution per unit (DPU) is 3.26 cents. This is ......
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By SG Young Investment
I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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