Category: Elite Commercial Reit

Categories
Elite Commercial Reit Reits

Headwinds of Elite Commercial Reit

ReitElite Commercial Reit@0.54 GBP
If cost of debt increased by3%
Estimated DPU0.0536 GBP
DPU Impact if cost of debt increased by 3%0.004824 GBP
DPU after 3% increase in cost of debt0.048776 GBP
Estimated Currency impact Jan 2022 vis a vis Oct 20221.82 vs 1.59 GBP
Estimated % of Currency Impact-13%
Estimated Overall impact-20%
Resultant Estimated Dividend Yield (In SGD)7.9%
NegativeUK currency fluctuation and significant impact from if cost of debt increases.
PositiveBuilt in Inflation-linked Rent uplift with a small proportion based on open market value.
Disclaimer: I may own the above REIT and this post is not a recommendation to buy or sell. The above calculation is just an estimate (may be flawed or contain errors) and is based on my own hypothetical assumptions on a layman understanding without taking into consideration of factors such as hedging, some other macroeconomic factors and etc. Hence, the actual dividend yield may differ significantly from my calculations.