Wednesday, April 24, 2019

First REIT again

Bought another alot of First REIT.
Bonus just came in, quite a portion.
Converted some cash into shares.
Was looking at it for a few days regarding the decision.
Many people are fearful now, as LK, their sponsor ran into some problems.
But still went ahead in the end.
Read about their AGM, seems quite good.
Management plans to divest assets that are not really related to medical, like their resorts.
Another big factor I bought it was because, one of the bloggers has a big position in it.
The blogger is younger than 35 yo, has around 935k of shares, and 17% of it is First Reit.

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