I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Tuesday 19 April 2011

CapitaLand's Ascott says to buy Frankfurt property for 28 mln euros

SINGAPORE, April 19 (Reuters) - Singapore real estate company CapitaLand said on Tuesday its serviced residence arm, the Ascott Limited, will acquire a property in Frankfurt for 28 million euros ($40.4 million).


The new 165-unit Citadines Messe Frankfurt, which is slated to open in 2014, will increase Ascott's Europe portfolio to over 5,300 apartment units in 48 properties across 22 cities.

"Europe is a key market for Ascott in its international  expansion. With this acquisition, we are on track to achieve 7,000 apartment units in Europe by 2015," said Ascott's CEO

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