I did not do anything substantial to my investments in S-REITs in 4Q 2015. I just collected dividends, mostly. However, it seems that I would be receiving less income from S-REITs in the not too distant future as Saizen REIT looks likely to be delisted as a firm offer of $1.17 per unit was received from a potential buyer. Saizen REIT is currently one of my top three investments in S-REITs. Off the top of my head, it contributes to around 20% of my passive income from S-REITs. So, losing Saizen REIT will greatly impact my income level in future, for sure. Readers who have been following my blog since its inception in 2009 will remember that I was, back then, already a strong proponent of investing in Saizen REIT for income (and for its very cheap valuation). Needless to say, I ate quite a bit of my own pudding......