IREIT Global @ $0.89

Sell @ $0.89

Decided to sell instead of collecting more as Euro is now ~-4%+ lower than the 1.68 – 1.70 used in their IPO DPU projection for a Yield of 7.6% to 8% @ $0.88. That means projected Yield may potentially be  7.22% to 7.57% @ $0.895. Further, the outlook for the Euro don't look very good due to the on-going PIIGS crisis + Russia sanctions + Weakening economy of the stronger Euro nations like Germany.

Will look at it again when their Quarterly results provide better clarity… 😀

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