One of the grouses which investors have against REITs is that the asset class occasionally calls for cash. Therefore, it comes as no surprise that there is a saying that what a REIT distributes out is eventually taken back in with the use of cash calls. This sentiment has caused some investors to shy away from investing in REITs.
However, is the above notion really an accurate depiction of REITs? I decide to find out.
Before sharing my findings, I need to note down some obstacles which surfaced during my search:
1). Some of these cash calls are not reflected in the “Corporate Action” section on the SGX website. Instead, they are found in the “Company Announcements” section. Some of the cash calls surfaced in Google searches.
2). I have supplemented my search by referring to each of the REIT managers’ website. Some cash calls are worded slightly differently (e….