
Reits are not bonds/ S-Reits
“Real estate is TIPS (Treasury Inflation Protected Securities) on steroids,” adds Mr Steers. “Reits are not bonds. The most certain thing is that if rates are rising and you are in fixed income you will lose money.” FT Mr Steers is from real estate investment firm Cohen & Steers in New York and he’s bullish...

HDB BTO: Up 19.9% when price index down 9%?
Largest offering of HDB flats I refer to the article “Bumper crop of 12,411 new HDB flats go on sale on Tuesday” (Straits Times, Nov 17). The chart shows that the prices of 4-room BTO flats in Toa Payoh start from $433,000. In the November 2012 Toa Payoh Crest BTO, 4-room prices were from $361,000. [ LINK ] BTO price...

NOL: Problem for scholar, ex-general
Photo: ST In response to recent news that Neptune Orient Lines Ltd. is in acquisition talks with Maersk Group and CMA CGM SA, Moody’s Investors Service has warned A.P. Moeller-Maersk A/S not to pursue any acquisition, Bloomberg reports. http://shipandbunker.com/news/world/149384-moodys-warn-maersk-on-nol-acquisition “Maersk...
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