Shares & Derivatives
Reviewing a Short Land Lease Industrial Property Purchase – Cache Logistics Trust’s sells Changi Districentre 3 Case Study
By Investment Moats  •  December 22, 2016
Singapore listed logistics REIT Cache Logistics Trust (dividend yield 9%) 2 days ago announced that they will be selling of Changi Districentre 3. We take a snapshot of this divestment and cover:
  1. How we can evaluate a REIT manager’s acumen from their past strategic decisions
  2. Is Cache making a profit on this divestment?
  3. Does it make sense to acquire a property that has such a short land lease?
  4. Does the value of the property go down over these 4.5 years?
  5. The performance of this acquisition and divestment
  6. What we should be wary about when evaluating performance of a property asset from 2 different point of view
  7. Why would someone buy such a short lease property
Changi Districentre 3 was bought in 2011 together with another property subsequently after IPO. The price when Cache purchased was roughly SG$32 mil and it was debt funded. I think we will ......
Read the full article
By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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Your email address will not be published.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Your Email Address will not be published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