hazellend
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Post by hazellend on Apr 30, 2018 20:08:58 GMT
I'm looking at this property but not sure if I like the deal or not.
It has a good dividend yield of 5.76% net but it seems to be fixed for 10 years.
I would have prefered some kind of inflationary uplift every few years, or am I being unrealistic?
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bigfoot12
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Post by bigfoot12 on May 1, 2018 7:07:36 GMT
Sure, it would have been better to have some sort of rent uplift, but it is only a 10 year lease so not really a big problem. I have invested - first time since CEO changed. My concern would be that in 5 years would probably be a bad time to sell, so need to watch out for that, but by then we should have a good idea of how often the exit mechanism is used.
Strange conflict in replying. I would like a 100% allocation, but I need it to fill to get any!
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rick24
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Post by rick24 on May 1, 2018 9:02:15 GMT
I've contacted customer support via the Chat facility. They say they are still negotiating but intend to have 'appropriate review terms in place'. I think it unlikely they would settle for a fixed 10-year rent.
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