Shares & Derivatives
Not all REITs are equal, and I like this one a lot
By LetsGetRichTgt  •  May 25, 2015
Parkway Life REIT ("Plife): one of my favourite REIT. I got to know of this when I just "joined" the investment community and read it on Dividend Warrior blog. He is one of my greatest inspiration. :) Now, let's have some fun dealing with some FAQs. "REITs are going to suffer from the impending interest rate hike"
  1. a) Gearing 35.2%, additional headroom of $298.8M to hit the cap.
  1. b) Lowest all in cost of debt of 4%(that's insanely low).
What PLife is doing is to have all of their loans be variable rates (thus the low cost of debt) to have the upfront interest-savings now. I feel this is also a wise move as the FED is unlikely to have interest rates hiked to the normal levels anytime in the short to mid-term. Having the loans swapped to fixed rates (at about ......
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By LetsGetRichTgt
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