I managed to squeeze in another purchase this month by accumulating a new Reit in my portfolio, with the addition of Sasseur Reit which I purchased for $0.705 today.
The idea bends well with the objective of the portfolio, which is to go in the direction of more to the yield over time.
Sasseur Reit announced their 2nd quarter results two weeks ago and had recently gone ex-dividend, so I was glad that I was able to get them today.
Total portfolio sales for the announced period from 28 Mar to 30 Jun 2018 was 8.8% ahead of the IPO projection.
This resulted in rental income from the Entrusted Management Agreements (EMA) that are 3% higher than the forecast while this lifted DPU to be also 4.6% higher.
The outperformance in all of the 4 outlets was expected from the IPO projection, given the way they structure ...