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AIRE Alternative Income Reit Plc

68.20
0.20 (0.29%)
03 May 2024 - Closed
Delayed by 15 minutes
Alternative Income Reit Investors - AIRE

Alternative Income Reit Investors - AIRE

Share Name Share Symbol Market Stock Type
Alternative Income Reit Plc AIRE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.20 0.29% 68.20 12:04:58
Open Price Low Price High Price Close Price Previous Close
68.00 68.00 68.20 68.20 68.00
more quote information »
Industry Sector
REAL ESTATE INVESTMENT TRUSTS

Top Investor Posts

Top Posts
Posted at 11/10/2023 16:41 by cwa1
Weak kneed investors are often the catalyst for good investment opportunities for others, so let's not knock 'em ;-)
Posted at 11/10/2023 15:23 by chucko1
Yup, bought some NRR on the panic. Thinking how large to go AIRE. I am not a huge fan as it is fairly concentrated (by definition), but absent of a known specific issue and the price (and recent fall thereof), I'm quite happy to trade it again. I have been in and out of AIRE maybe seven times - it's a mad REIT.

Last bought at 60 and thought that was inexpensive! Funny how it has lost 4% today whereas since late last night, SOHO is up 10%. Hardly complaining, but it does make you wonder how weak-kneed some of their respective investors are.
Posted at 12/9/2023 15:50 by stemis
There's no more risk to an investor of default from owing 5 REITs each with 20 properties, than owing 1 REIT with 100 properties.
Posted at 18/8/2023 13:26 by marktime1231
Given the refinance horizon of Oct 2025 there must be a possibility that AIRE (M7) are contemplating a strategic review like EPIC. Who is the activist investor here, Glenstone or Hawksmoor/Carlyle?
Posted at 08/3/2023 09:05 by cwa1
Thommo tips AIRE in the IC:-



In the first half, operating profit of £3.5mn covered interest costs of £0.71mn almost five times, leaving surplus cash to reward shareholders with two quarterly dividends of 1.375p a share that were well covered by interim EPRA earnings per share (EPS) of 3.45p. The payout was up almost 6 per cent on the same period of 2021. The board forecast a fully covered payout of 5.7p a share for the 12 months to 30 June 2023, implying the shares offer a prospective dividend yield of 8.5 per cent and are rated on 10 times projected earnings.

Furthermore, a deep 20.5 per cent share price discount to NAV offers investors a ‘margin of safety’ to counter the risk of further falls in commercial property values. Interestingly, property consultancy CBRE made the case that commercial property prices are likely to stabilise this year in its UK Real estate market outlook for 2023, noting that the spread over gilt yields will be tighter than in the past decade. They also believe that income returns, rather than capital, will drive commercial real estate returns in the coming year. I concur.

So, although the share price is no higher than it was five months ago (‘Targeting high yield property bargains’, 3 October 2022), the improvement in the UK economic outlook and pullback in UK government gilt yields since the autumn greatly mitigate investment risk for income seekers looking to lock in a secure chunky dividend. Buy.
Posted at 06/3/2023 09:39 by hpcg
SpectoAcc r.e. worse than benchmark: pension funds, private investors and councils.
Posted at 29/9/2022 09:40 by cwa1
An 8.30pm release for Finals? Unorthodox...



Outlook

· The Group is continuing to deal with a backdrop of global and recent UK-centred economic headwinds impacting the UK commercial property sector .

· The Company's resilient portfolio of 19 investment properties continues to provide investors with long-dated higher yielding income, of which 96% is linked to inflationary growth, and with a weighted average unexpired lease term to break of 17.5 years. The portfolio also provides investors with exposure to a diverse range of alternative investment sectors and its existing Canada Life senior debt facility eliminates the Group's exposure to increasing debt costs.

· Over the next 12-month financial period, 66% of the Group's incomes will be reviewed (44% annual index-linked rent reviews and 21% periodic index-linked rent reviews (5 years since the previous reviews)), helping to support our focus on delivering an increasing dividend that is fully covered.



Alan Sippetts, Non-Executive Chairman of Alternative Income REIT plc, comments:

"Against a backdrop of global and recent UK-centred economic headwinds impacting the UK commercial property sector, t he Board remains convinced by the fundamentals of the Group's resilient diversified portfolio of long-dated higher yielding income, which is 100% let and benefits from 100% rent collection. We are committed to further enhancement of both income and capital growth supported by 96% of the Group's income having inflation linked upwards only rent reviews, active asset management opportunities and opportunistic transactions.



We have met our 5.5pps fully covered dividend target and achieved an NAV increase of 12.6%, which equates to an NAV total return of 22.5% and a share price return of 24.3% in the period. Our focus is on generating an increasing dividend which is fully covered, and our recent dividend increase is testament to the Board's confidence in the long-term value we expect to deliver to our shareholders."
Posted at 09/3/2022 09:33 by pavey ark
"have endlessly banged the drum for the falsehood of "inflation protection","

Quite and that drumming noise is becoming quite repetitive and boring.

I doubt if many investors have just one REIT and AIRE has its place along side others.

Every investment in any asset class has its positives and negatives but on balance some are perfectly happy to include AIRE in the mix of their investments.
Posted at 31/1/2022 10:06 by pavey ark
"but might rather buy eg BP or BATS vs a car showroom."

You would seem to be suggesting that the average investor is weighing up the choice between a UK property REIT and BP.....I would doubt if there are many (any?)in that position.

My point was AIRE vs cash

Also the asset value is likely to increase with inflation even if the rental income doesn't keep up.

As for BATS .....hmmmm ....I hardly think so !!

For income my focus has now moved to renewable energy companies where high index linked returns are available and I am comfortable with my investment.
Posted at 03/11/2021 10:02 by nickrl
Expenses halved this qtr back to previous run rate keeps divi well covered at cash level and building up a reserve for boosted year end payout. Droitwich purchase well timed up 14.7% in value over 9mths. Nothing for BoDs to do let alone M7 someone just need to mind the shop and keep all the cash for investors!

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