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what if say a tenant vacates once his lock-in period say 2/3 years ends and the investment manager/incharge struggles to find a new tenant?

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Ultimately will lose out on revenue during the vacancy, which will impact its valuation.
In current market conditions, I believe traditional fixed deposits offer a more stable and predictable return compared to SM REITs.

My Calculations:

SM REIT
Investing 10 lac, 1st-year income from dividends 90,000 (9%)

FD
Investing 10 lac, 1st-year income from interest 90671 (8.75%, compounded quarterly i.e 9.04%)

Doesn’t FD make sense here excluding taxes?

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