Saw this blog highlight 3 reits:
Current price:
Cache = 1 SGD ( abt 2.44 k RM 1 lot)
First REIT = 0.80 SGD
Parkway = 1.725 SGD ( too expensive)
CACHE:
1. Low Gearing of 23% (excellent)
2. High Yield of 8% (excellent)
3. Stable DPU (moderate)
4. Stock price above NAV (poor)
5. Type: Logistics (excellent)
6. Geographical exposure: Singapore (excellent)
Overall verdict: Excellent REIT
First REIT:
1. Low Gearing of 17% (excellent)
2. High Yield of 8% (excellent)
3. Stable DPU (moderate)
4. Stock price same as NAV (moderate)
5. Type: Healthcare (excellent)
6. Geographical exposure: Singapore and Indonesia (moderate)
Overall verdict: Excellent REIT
Parkway Life REIT:
1. Normal Gearing of 35% (excellent)
2. Low Yield of 5% (moderate)
3. Increasing DPU (excellent)
4. Stock price above NAV (poor)
5. Type: Healthcare (excellent)
6. Geographical exposure: Singapore and Japan (excellent)
Overall verdict: Excellent REIT