They say good things come in small packages
DRUM Income Plus REIT (DRIP) is focused on acquiring properties that do not suit the portfolios of the large institutional and overseas buyers, who are targeting larger lot sizes. Its managers say that, by focusing on a less crowded market, DRIP is able to achieve a yield advantage over other property investment companies. DRIP is itself small, but has ambitions to grow and further diversify its shareholder base and portfolio. The managers have identified a pipeline of potential investments and they say that DRIP should be able to expand gradually without cash drag having much impact on returns. ”‹
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