You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.
Given your comments on Centuria, do you have any comments on Industrea, and the 360 Capital Funds, namely TIX (Industrial fund) & TOF ( Office Fund)?
TOF is similar to Centuria, with a potential share buyback forthcoming.
All have 8%+ returns with TIX & TOF paying quarterly, whilst IDR pays half yearly.
A: Thanks for the question.
The 3 REITs you mentioned are each yielding over 8.0% pa. TIX is geared at 43.3%, IDR at 33.4%.
Not being a huge fan of industrial property, I am possibly more inclined to TOF with its very low gearing. That said, I would really want to know more about the strategy with each of its 3 buildings.
The reason that most attracts me to Century (apart from the yield and relatively low gearing) is that I think there is a good repositioning/exit strategy with each of the buildings – and that helps overcome my reluctance with metropolitan property. In relation to the trusts you mentioned, I would be looking hard at the Manager’s strategy for each property.
