Value And Indexed Proper... Share Discussion Threads

[george stobbart] 09/5/2022 16:46

VIP & BREI merger getting boiled??

[spectoacc] 09/5/2022 16:39

"The largest holding in VIP's property-backed equity portfolio at 6 May 2022 was BMO Real Estate Investments. The holdings in Urban Logistics REIT, TriTax Big Box REIT and Warehouse REIT had been sold."


Doffs cap.

[topvest] 19/4/2022 09:58

Welcome aboard. Yes, this does look well placed. It's my largest property company holding.

[rambutan2] 13/4/2022 21:28

After a read through the website docs and changes to remit etc over the last year, I bought a few last week as the discount offered an attractive opp for a property team with a pretty good long term record and no longer saddled with expensive debt and duff non property equity picks.

[topvest] 13/4/2022 09:05

I've added a few more. The large discount is not warranted.

[topvest] 13/4/2022 08:03

An excellent update today. VIP has been transformed.

[ramellous] 05/3/2022 12:17

A large proportion of its equity holdings are reits though. BREI and SHED being the top 2 holdings

[skyship] 05/3/2022 08:39

232p - not a major fall perhaps; but sure reveals that this is not a REIT as its NAV is impacted by falls in its equity holdings.

[topvest] 19/2/2022 19:55

Yes, its all looking very positive here. The move to a real estate focus was the right strategic move.

[ygor705] 18/2/2022 08:17

Really strong numbers from Segro this morning may help VIP. Industrial property is certainly the place to be at the moment and VIP is moving in that direction.

[topvest] 13/2/2022 20:46

Yes, all very positive here at the moment.

[ygor705] 13/2/2022 08:57

Solid share price performance here of late. With the portfolio now almost fully reinvested, we are beginning to take on the look of a mini-Segro with a much better yield. I would expect more tweaking in the direction of industrial and commercial property units as the portfolio matures. With many property companies wrong-footed by digitalisation VIP might progressively look more attractive to a predator. This could see us all out before 2026!

[rcturner2] 07/2/2022 14:14

I've sold out here today and taken my profit. Good luck to all who remain.

[nickrl] 24/12/2021 11:01

This one has past me by, although i'd looked at previously when it was a plain income IT in the past VIN but hadn't spotted its gone into property in a big way. Clearly missed the boat by a country mile but to me they would be a great tie up for AIRE.

[rcturner2] 15/11/2021 07:59

Over the six months ended 30 September 2021, VIP's share price rose by 1.8% while the net asset value per share, valuing debt at its market value, rose by 8.6%. VIP's independent property revaluation showed a 10.5% total return over the six months against 7.6% for the MSCI Quarterly Property Index.

[rcturner2] 05/11/2021 07:12

Decent tick up in the NAV over the month.

[george stobart] 19/10/2021 11:34

looking at this one for a possible takeover

[rcturner2] 23/8/2021 08:48

I have bought in today. I have held these in the past. Decent portfolio of assets with a good discount and 5.5% yield.

[topvest] 27/6/2021 19:35

The property review in the Annual Report is a high quality summary in my view and well worth reading. Clearly this was an absolute bargain below £2.

[topvest] 27/6/2021 19:33

Following the change in name, thought we needed a new thread for the Value and Income Trust of old.

Highlights:
£120m trust
34 year dividend increase record
Re-focusing on property after a poor performance on the equity side
20%+ discount
Money back at NAV in 2026
12% per annum 34 year record on property versus a 9% index
Focus on index linked long-term leases
Exited retail
90% of 2021 collected - roughly 7.5% rent free for a 5 year lease extension, 1.5% lost on Adelie foods (bit now reassigned) and 2% on rent deferral plans
5.5% yield
Aiming to stay on the right side of structural change and avoiding retail and offices.

[hibberts] 18/7/2018 14:48

Got my cheque today.

[skirbell] 18/5/2018 19:04

I'll be voting against as well. Not sure it will make a lot of difference though.

[jpuff] 18/5/2018 18:05

Voted against

[fillipe] 14/5/2018 16:34

Offer doc' posted today, from Sella Open Fintech.....7.5p, per prior RNS from them, 18-4-2018.



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[jpuff] 26/3/2018 14:55

Illustrates what a truly bad deal existing loyal shareholders are getting here!