Secure Income REIT

[Walkeia]

Hi all,

I was just wondering if anyone had looked at or had a particular view on this REIT please.

As full background I was a small holder pre-Covid and in the past two months have been significantly increasing my holding on the back of the below presentation (particularly page 23 which I think is a good way of looking at the portfolio - discount of hotel and leisure assets at ~50% of accounting marks using the current share-price - if we accept hospital valuations + cash). October statement confirming Travelodge June accounting marks supported by bids (2nd link) and more recently the vaccine news which hopefully means we may have a more normal summer next year for the leisure assets.

https://secureincomereit.co.uk/wp-conte ... e-2020.pdf

http://otp.investis.com/clients/uk/secu ... 7&cid=2129

The vast bulk of my portfolio is allocated to global equity trackers; I use the trackers as collateral for a few REITs for income... I guess my post in a sentence is asking - 'I think this looks really good and am contemplating buying even more, is there something I'm missing?'

Many thanks,

[richfool]

Hi all,

I was just wondering if anyone had looked at or had a particular view on this REIT please.

As full background I was a small holder pre-Covid and in the past two months have been significantly increasing my holding on the back of the below presentation (particularly page 23 which I think is a good way of looking at the portfolio - discount of hotel and leisure assets at ~50% of accounting marks using the current share-price - if we accept hospital valuations + cash). October statement confirming Travelodge June accounting marks supported by bids (2nd link) and more recently the vaccine news which hopefully means we may have a more normal summer next year for the leisure assets.

https://secureincomereit.co.uk/wp-conte ... e-2020.pdf

http://otp.investis.com/clients/uk/secu ... 7&cid=2129

The vast bulk of my portfolio is allocated to global equity trackers; I use the trackers as collateral for a few REITs for income... I guess my post in a sentence is asking - 'I think this looks really good and am contemplating buying even more, is there something I'm missing?'

Many thanks,

Have a look at this thread:

viewtopic.php?f=87&t=24886&p=357546#p357546

I see it postponed its dividend back in June and that it holds some retail properties, including Matalan, also Premier Inns and Cineworld.

[Walkeia]

Hi RichFool,

could I check we're talking about the same REIT. The tickers are similar but secure income REIT is predominantly hospitals, Travelodge and theme park assets predominantly.

Thanks,

[dealtn]

Have a look at this thread:

viewtopic.php?f=87&t=24886&p=357546#p357546

I see it postponed its dividend back in June and that it holds some retail properties, including Matalan, also Premier Inns and Cineworld.

That's SREI nor SIR

[PinkDalek]

That's SREI nor SIR

It proves, perhaps, that including part at least of an outfit's name assists, as has the OP of this topic.

[dealtn]

That's SREI nor SIR

It proves, perhaps, that including part at least of an outfit's name assists, as has the OP of this topic.

Yes generally, I think, having a name and EPIC (as on the Company Share News Board) is helpful.