gday, I am new and signed up to discuss REITS. I am investigating building an A-REIT portfolio. I have too much USD based speculative-grade concentrated risk (another story) and want to diversify.
Many of the current listed REITS and Property Trusts / Property Groups were not around in 2008...
I asked this exact question on a property investing forum and got zero responses. Hopefully this time I will have more luck.
In last months Money magazine, I really enjoyed reading about Australian Real Estate Investment Trusts (A-REIT’s). This type of investment interests me but the...
MERGER COSTS $850K PLUS
MANAGERS INITIAL SETUP FEE $1.3M
12 MONTHS LATER .........FEB 2012
LETTER TO INVESTORS
NO MORE DISTRIBUTIONS
FUND IS BEING UNWOUND AND ASSETS SOLD OFF
NTA 93 CENTS BEFORE DISPOSAL COSTS, AGENTS FEES ETC
Australia has 61 Listed Real Estate Investment Trust. Among these trusts, 38 of them are sold under their book value:
AAD, ABP, AGJ, LEP, AEZ, APZ, ALZ, AEU, CDP, CET, CFX, CDI, CWT, CHC, CQO, CQR, CKP, CNR, CXH, GPM, GPT, IEF, IHF, IIF, IOF, LLA, MG, MIX, RPF, RBV, RCU, RNY, SGP, THG, TSO...