Current Price on 18th October 2013 = $1.095
Sabana REIT has published its results which shows a very promising 8.69% yield. This is by far the highest yield REIT with properties based only in Singapore (something which I think is an advantage). Of course, the tricky part is that its price-to-book ratio is at 1.012 which means it is trading at 1% premium.
- Current Yield = 8.69%
- Price-to-book Ratio = 1.012
- Assets per unit = $1.764
- Debt per unit = $0.682 (including current liabilities)
- Gearing = 38.7%
Sabana REIT has published its results which shows a very promising 8.69% yield. This is by far the highest yield REIT with properties based only in Singapore (something which I think is an advantage). Of course, the tricky part is that its price-to-book ratio is at 1.012 which means it is trading at 1% premium.
(Personal Sharing)
I bought 3lots of Sabana reits at average price of 1.34, which are trading at 32% loss.
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