Shares & Derivatives
Delisting of Soilbuild REIT
By My Sweet Retirement  •  April 28, 2021
The privatisation offer of Soilbuild Business Space REIT has been in the talks for some time. Investors should know this is coming or has already came. At this point of writing, Soilbuild Business Space REIT has already been delisted. Soilbuild Business Space REIT published the announcement on 12th April and delisting happened quickly at 9am on 14th April 2021. I used to own Soilbuild Business Space REIT in my stock portfolio. However, I divested it in November 2017 at a loss of 11%. Including dividends, I have made a gain of 9%. If you had held Soilbuild Business Space REIT until its delisting, you would have received S$0.53806 per unit in cash. The default of rental by 2 tenants (72 Loyang Way and NK Ingredients Pte Ltd) has kept me awake at night. I am glad that I have sold it back then. As you can see, the share price has not appreciate over the years....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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