DRUM Income Plus REIT (DRIP), which focuses on acquiring properties overlooked by large institutional and overseas buyers (smaller lot sizes, multi-let), provided an NAV total return of 2.4% in Q1 2017 including a 0.8% capital return. Its most recent acquisitions (the latest, Kew Retail Park, was announced on 11 May) were made at particularly attractive net initial yields and the manager is engaged in a number of asset management initiatives that should further improve income from the portfol
16 May 2017
Delivering on promises
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Delivering on promises
- Published:
16 May 2017 -
Author:
Ed Marten -
Pages:
22
DRUM Income Plus REIT (DRIP), which focuses on acquiring properties overlooked by large institutional and overseas buyers (smaller lot sizes, multi-let), provided an NAV total return of 2.4% in Q1 2017 including a 0.8% capital return. Its most recent acquisitions (the latest, Kew Retail Park, was announced on 11 May) were made at particularly attractive net initial yields and the manager is engaged in a number of asset management initiatives that should further improve income from the portfol