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Daniel Lee (CFP®)
Independent Wealth Management Consultant at Promiseland Independent Pte Ltd
One of the only two healthcare REITs in Singapore.
First REIT's case is an interesting one, to say the least as the events that have been plaguing the REIT's performance (Tenancy Risk) is one that is beyond the manager's control.
That said, there are still some severe red flags with the REIT such that even a 10% Dividend Yield may not be enough to justify bearing on the risk.
More details in the report:
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