REITS / Infrastructure Funds

nirish

I hold a (small) basket of funds as part of my wider investment pot and am reinvesting dividends, I'm always keen to diversify or willing to reinvest in existing portfolio where value can be found.  Interested in suggestions and thoughts of alternatives?

Also feel free to positively/negatively critique my current holdings!

Picton Property REIT
Tritax Big Box REIT
New River REIT
Warehouse REIT
Regional REIT
LXI REIT
Supermarket Income REIT
HICL Infrastructure
TRIG Renewables Infrastructure
Primary Health Properties
Sirius
iShares Global Property Securities Equity Index

tomla

Do you want to diversify away from property?

NoviceInvestor1

Do you need 12 holdings just for the infra/real estate part of your portfolio? Seems complex….

Alistair31

Curious to see your full list of holdings if that list is only a small part of it. 

Prism

I don't know them all but have some overlap with your holdings

I use HICL as my general infrastructure fund - diversified across different assets and holds a lot of index linked contracts which should help with inflation.
In addition I use GRID as an energy infrastructure fund, which is battery storage. The performance is not related to energy prices so fairly stable.
For property I use IHR, which is much like your PHP, along side CSH (housing) and LABS (life science), all of which also have index linked contracts.
I tend to stay away from retail REITs but have previously held BBOX and still keep it on the watch list, along with SUPR and TRIG

nirish

tomla said:

Do you want to diversify away from property?

This is the property part of my portfolio, interested in areas of property eg student accomodation I could add

NoviceInvestor1 said:

Do you need 12 holdings just for the infra/real estate part of your portfolio? Seems complex….

Perhaps you're right, adding to my existing holding may be wiser than new holdings!

Alistair31 said:

Curious to see your full list of holdings if that list is only a small part of it. 

Actually 70% of my "pot" is zero management Vanguard All World Tracker but instead of buying property to rent I keep 10% of my pot in Property/Industry through this list.  

nirish

Prism said:

I don't know them all but have some overlap with your holdings

I use HICL as my general infrastructure fund - diversified across different assets and holds a lot of index linked contracts which should help with inflation.
In addition I use GRID as an energy infrastructure fund, which is battery storage. The performance is not related to energy prices so fairly stable.
For property I use IHR, which is much like your PHP, along side CSH (housing) and LABS (life science), all of which also have index linked contracts.
I tend to stay away from retail REITs but have previously held BBOX and still keep it on the watch list, along with SUPR and TRIG

I think initially I thought diversifying holdings even within the same sector helped minimise risk but perhaps I would have been better not overlapping in the same areas.  I have tried to cover varying sectors though where possible.

Residential, Retail, Industrial, Healthcare, Supermarkets, Infrastructure, Renewables

If I do broaden my investments further GRID certainly looks interesting but perhaps best adding to TRIG holdings

JohnWinder

I'm always keen to diversify or willing to reinvest in existing portfolio where value can be found

I’m not going to be critical of what looks like a decent sort of portfolio, so a couple of observations.  I spent more minutes than was worth it and failed to find the cost of the New River REIT; can’t be low enough to boast about I suspect….au contraire.
If you want to diversify you don’t add more of the real estate sector, or any other sector; that moves you away from diversification to sector tilting. No crime, but don’t think of it as diversification unless you’re investing in unlisted assets, in which case get familiar with their hazards. I have no idea how to find value; if active fund managers could they’d outperform the market they invest in but commonly can’t for any reasonable length of time. I think that tells you how hard it is to do.

Apodemus

You could do some background assessment on whether LABS might meet your needs -  a research-facilities REIT, which has just this week applied for listing on the main section of the LSE.  Price is currently well down on initial listing on AIM last year, which is probably understandable, given the initial purchase of the properties and a pile of up-front costs, but property portfolio looks good and full listing perhaps adds a twist to the upside potential.

For wider infrastructure, JLEN has proved to be a solid income performer for me - share price hasn't done anything dramatic over the years, but Yield has remained in the 6% range.

coyrls

You have 10% of your portfolio in 11 funds, so on average each of these funds represent less than 1% of your portfolio.  You are looking to add additional funds.  In that context, there is no reason to agonise over your choice of fund, as if goes bust, you will not notice it, as the less than 1% loss will be masked by daily price movements in your total portfolio.  Alternatively if it doubles in value, you will not really notice that either.

george4064

Long-term holder of Tritax Big Box REIT plc, happy to continue holding and re-investing dividends.

Held it since April 2019 and on a share price basis I’m pretty much even, however have been collecting dividends throughout and mostly reinvesting them.