Listed Property Trusts

[Beagle]

I assure you I am not kidding troyvdh. There are many ways to skin the cat when it comes to growing one's wealth. Investing in relatively safe dividend payers and reinvesting the quarterly dividend through the dividend reinvestment scheme (as part of a well diversified portfolio of other stocks many of which are growth stocks), is a very valid approach in my opinion. ARG GMT and other REIT's are also very popular with folks looking for relatively safe income to supplement their retirement income with very good reason. Much safer collecting your share of the rental income from many dozens of commercial tenants than one or two rental properties with all the risks and work that go with running them.

[fungus pudding]

I assure you I am not kidding troyvdh. There are many ways to skin the cat when it comes to growing one's wealth. Investing in relatively safe dividend payers and reinvesting the quarterly dividend through the dividend reinvestment scheme (as part of a well diversified portfolio of other stocks many of which are growth stocks), is a very valid approach in my opinion. ARG GMT and other REIT's are also very popular with folks looking for relatively safe income to supplement their retirement income with very good reason. Much safer collecting your share of the rental income from many dozens of commercial tenants than one or two rental properties with all the risks and work that go with running them.

Amen to that.

[Out to lunch]

Amen to that.

And you're bathing in all of that liquidity!

Holding PCT (good Commercial Bay progress reducing the valuation risk factor and big fan of David Johnson) and PFI (manufacturing index performing well) at the moment.
Othert than the val's impact due to increased interest rates, might be a good time to review the interest rate cover all of the LPTs have.

[NZSilver]

I'm trying to find a list of NZ's listed property trusts. Does anyone have one available?
Thanks in advance

[fungus pudding]

I'm trying to find a list of NZ's listed property trusts. Does anyone have one available?
Thanks in advance

Argosy
Goodman trust
Investore
Kiwi property trust
Precinct
Property for industry
Stride Property group.

They're the ones I hold. There are others such as Augusta - which is not a PIE. Someone will add to that list 'cos I can't think of the names.

[Kelvin]

I'm trying to find a list of NZ's listed property trusts. Does anyone have one available?
Thanks in advance

http://www.dividendyield.co.nz/typeo...s.php#Property_Investment

[NZSilver]

Thanks Kelvin,

Another question for the group,

Why did ARG.NZX have big drops in shareprice in september and november?

[fungus pudding]

Thanks Kelvin,

Another question for the group,

Why did ARG.NZX have big drops in shareprice in september and november?

All LPTs did. Why? Who knows? but they had become a little over the top in terms of NTA methinks.
Possibly the talk of rising interest rates spooked things a bit.

[JoeGrogan]

Thanks Kelvin,

Another question for the group,

Why did ARG.NZX have big drops in shareprice in september and november?

The earthquake in November may have had something to do with it as well.

[BlackPeter]

Thanks Kelvin,

Another question for the group,

Why did ARG.NZX have big drops in shareprice in september and november?

As FP indicated - all REITS (Real Estate Investment Trusts) went down in the second half of last year - it started in the US, and NZ (with the rest of the world) just following.

Markets expect interest rates to go up, which means that real estate purchasers will find it more difficult and expensive to raise funds to buy, which means demand will drop and real estate prices will either stall or drop as well.

Just a natural part of the real estate cycle - market assumes we reached the top and some more soft years likely to follow.