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Elite Commercial REIT Proves to be a Recession Resilient REIT
By ProButterfly  •  July 28, 2020
by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.  Elite Commercial REIT (Elite C-REIT) announced its H1-2020 results on 23-Jul-2020 (Thu) and posted a DPU of 1.95 British pence beating its forecast of 1.93 British pence by about 1%. Based on the latest exchange rate, 1.95 British pence are approximately 3.447 Singapore cents. As Elite C-REIT was listed on only in February, the results only for the period from 06-Feb-2020 to 30-Jun-2020. At this week’s closing price of GBP...
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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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