Just a few days ago, I made a new stock purchase into Ascott Residence Trust at a price of $1.065. Adding this stock into my portfolio, I would have 16 stocks now. Previously I bought on Saizen REIT which was already being acquired and most of the cash has been given out. I wrote that I was seeking to find another company which can potentially replace the lost income from Saizen REIT. Ascott REIT was what I found.
About Ascott Residence Trust - Profits and Assets
Ascott Residence Trust was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences, rental housing properties and other hospitality assets. Saizen REIT was a company which has rental properties while Ascott REIT has serviced residences. Although not really the same, there are some similarities shared too. ......