Shares & Derivatives
Riding the REIT Recovery: Why Starhill Global Looks Like an Attractive Purchase
By T.U.B Investing  •  March 22, 2024
Not Yet Vested (going to buy soon) I believe it is time to re-examine S-REIT companies, as they have been under pressure for an extended period due to the high interest rate environment. I have outlined some criteria for what I am focusing on, such as excluding industrial and office REITs, concentrating on local REITs, and selecting one offering over 6% yield. However, I kept returning to the same S-REIT in which I had invested and written previously. The REIT is Starhill Global REIT (Starhill).
Starhill Global REIT
I perceive a generally negative view of this REIT exists, though I feel differently. In my opinion, there are some compelling reasons why it presents such an enticing buying opportunity currently.
  1. Interest Rates Expected To Decrease In The Near And Longer Term.
I believe the elevated interest rate environment will soon end, and rates will start to drop in the second half of the year overall. This will allow floating debt interest...
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By T.U.B Investing
I am the founder of T.U.B Investing Blog and the Co-founder of Fundamental Scorecard. I am a full-time employee who started investing in 2009/10 during my university days. Like many of us, I had my fair share of mistakes at the start of my investing journey. The worst time was when I used all my saving to bet on warrants, losing half of it ...
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