Shares & Derivatives
Should I Accept Blackstone Cash Offer For Croesus Retail Trust?
By Heartland Boy  •  September 8, 2017
This week, Heartland Boy was forced to close the chapter on a cornerstone stock in his portfolio, Croesus Retail Trust. He first invested in Croesus Retail Trust in June 2015. Over a 27-month holding period, Heartland Boy managed to recognize an XIRR of 27.4% and an overall margin of 58% over his cost of investment. Again, this is a very satisfying return and quite similar to what he had achieved for Lippo REIT. What this also implies is that he will not have to decide between voting for or against Blackstone cash offer for Croesus Retail Trust. Yes, Heartland Boy has sold off all his shareholdings in the open market at 1.155. However, for those shareholders of this excellent high yielding REIT, the key question remains on 13 September 2017 – “Should I accept Blackstone cash offer for Croesus Retail Trust?” That is a real dilemma ......
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By Heartland Boy
Heartland Boy is a young working adult who pretends to be competent in the real estate industry despite graduating with only a Business Management degree. Outside of work, he analyses stocks, reits and property for investment to build passive income. He is also a stickler for all things that represent value-for-money.

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