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Why I Would Not Consider Ireit Global At Their Current Valuation
By A Path to Forever Financial Freedom (3Fs)  •  August 21, 2019
Ireit Global is a Reit I used to own in the past due to the strong profiling of their freehold assets in Germany, high dividend yield, low borrowing costs and long WALE with concentrated blue chip tenant profile. You would think that Germany is a strong powerhouse in Europe and they are too big to fail, so everything else equal, it's something which is probably too good to be true, especially since they debuted and listed back in 2014. I bought them in the past in the range of 63 to 66 cents when most people were skeptical about the relatively new manager at that time and managed to sell them when they were at around 73 cents. The main reason I sold was because Tikehau Capital came in and they kept harping about a possible inorganic growth through acquisitions in their investors presentation slides, which is pretty imminent at...
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By A Path to Forever Financial Freedom (3Fs)
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