Given the recent announcement made by Lippo Group that caused quite a panic amongst the retail investor, I used the opportunity to load up 8,000 shares of First Reit at a price of $1.17.
The addition was timely because you don’t often get such opportunity to add quality reits into your portfolio, unless there are some fundamentals issue or rumors that are spreading. For me, I pounce onto the latter.
In this post, I will not be covering on the fundamentals of the reit because I think it has been covered quite substantially by other bloggers in the past and everyone seemed to know the strengths and weaknesses of the company.
Based on my experience previously working for one of the two reits involved, and also given my native background, maybe I’ll offer something else that are different and may be value adding to readers.
Policy ......