Shares & Derivatives
Divestment of Cache Logistics and Keppel DC REIT
By A Dividend Simpleton  •  July 25, 2015
I did a portfolio update back at the end of last month about what I intended to do with the existing holdings. I did a write up mentioning how I would close out the Keppel DC REIT and/or Cache Logistics Trust positions if share prices ran up. And so it happened for Keppel DC REIT right after the announcement of strong results, the next morning the share prices surged, rising from $1.06 to $1.08 in a day. This was in contrast to the languishing REIT universe, perhaps due to the impending interest rate hikes.     My take on this is that until the rate hike is announced, it is likely that the REITs will continue to stay weak and subdued, with fear stemming from the uncertainties of the rate hike timing. Markets hate uncertainties, and will punish those assets perceived to do badly in the worst case scenario.  ......
Read the full article
By A Dividend Simpleton
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance