As someone who often posts about the positives of investing directly in property I am equally often told that the same potential upside is available with less risk ( or the same risk spread across multiple properties) and less effort.
I came across this
https://www.irishtimes.com/business...ish-ipo-is-this-an-inflection-point-1.3421367
in todays paper.
The promoters had loaned money to the REIT at 14%.
The management team had a bonus plan that would entitle them to 15 per cent of shareholder returns above an initial threshold of 10 per cent total returns a year – rising to 20 per cent of returns in excess of a 15 per cent annual “hurdle”.
Anyone buying shares in this is a fool. And how often do IPOs contain items like this that small private investors are not equipped to discover. There isn't always a competent reporter available to uncover them. And even here the IPO was pulled, I wonder would the IT have been so critical if the thing was going ahead.
I came across this
https://www.irishtimes.com/business...ish-ipo-is-this-an-inflection-point-1.3421367
in todays paper.
The promoters had loaned money to the REIT at 14%.
The management team had a bonus plan that would entitle them to 15 per cent of shareholder returns above an initial threshold of 10 per cent total returns a year – rising to 20 per cent of returns in excess of a 15 per cent annual “hurdle”.
Anyone buying shares in this is a fool. And how often do IPOs contain items like this that small private investors are not equipped to discover. There isn't always a competent reporter available to uncover them. And even here the IPO was pulled, I wonder would the IT have been so critical if the thing was going ahead.