Group calls for HDB units to be injected into REIT

[NTL]

Pure Fiction......

A real estate investment trust (REIT) comprising public toilets and commercial toilets should be set up to address under-supply of clean toilet demand, according to academics from the Singapore Loo College (SLC) and a WC analyst.

The paper noted that strong demand for clean toilets has boosted toilet entry cost, on the back of a growing population as well as rising number of foreigner tenants.

While ramping up public toilet is the solution, it has to be balanced since an oversupply could crash the market. The proposers believe
that a marginal oversupply is optimal and a Toilet-focused REIT could address some of the challenges simultaneously.

"A very simple example, everytime you build a new toilet, 10 percent is for rental, so instead of building nine toilets, now you build 10 toilets,"

The REIT can also be co-owner of the units, making toilet ownership more affordable.

Moreover, the units injected in the REIT could be sold to Singaporean CPF members, with a subsidiary of NEA acting as the REIT's manager and the NEA or banks as financiers. Thereafter, the REIT will return to investors the tax-exempt rental income in the form of distributions.

The REIT may also offer an investment alternative that can capture the market's upside without acquiring a physical toilet. However, the concept is "not totally risk free".

IPO at $0.90?

How many "hotel-class" toilets?
How many "Shopping Centre-class" toilets?
How many "Kopitiam-class" toilets?

Any dumb ass also can think of any REIT idea.
The taxpayers are paying the salary of the professors so that they can improve our life. not to make our life more miserable.

I would applause if they have come out with any idea to stop the rental from spiraling up, especially REIT properties.

Maybe we should inject all the professors' offices into REITs and we shall raise the rental yearly to curb excessive demands and oversupply.

An "University Properties REITS"? Work like PReits, with Rental Escalation link to (Increase in University Fees + 2%)? Currently having SMU as it's first property, future injection includes NUS and NTU?