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09-05-2013, 04:56 PM
Hi Salty
May I ask what are the assessment criteria on whether the properties are ripe for REITing? Do macro economic conditions come in too?
tks.
May I ask what are the assessment criteria on whether the properties are ripe for REITing? Do macro economic conditions come in too?
tks.
(09-05-2013, 09:48 AM)Salty Wrote: Quite decent set of result.
I jelly jelly estimated that amara recurring profits equates to 5% return.
The recurring profits cames from Amara SG / Amara Sanctury / 100AM
Additionally with their property development arm and properties to be sold, and two new hotels coming online. Looks more attractive compared to a recurring income hospitality reit.
The assets are ripe for Reiting. I wonder if they would do that.
Its attractive to reit now given hospitality reits trades at 20-40% above book.
(Vested)