Tushar D.
Serious Lack of Transparency with Returns
This recent experience with the Growth and Income REIT highlights the dangers of blindly trusting advertised "target rates." Investors deserve honest and transparent information, not misleading promises. Be wary of investment "target rates" that paint an unrealistic picture. My case in point: the Growth and Income REIT. They lured investors with promises of 11-12% returns, even though they were already well aware of the precarious economic climate. Despite facing known economic hardships like high interest rates and a slumped property market and acknowledging that they knew about this, they continued to promote 11-12% returns. When the time came to pay dividends, they conveniently blamed the economic challenges for their failure to deliver. This deliberate misinformation, even when they were aware of the negative environment, is a huge red flag. Lower returns are expected, but outright fabricating information betrays investor trust. When reality caught up, they blamed their empty promises on external factors, conveniently ignoring their own prior knowledge. This blatant disregard for transparency is inexcusable. My trust is broken, and will let others decide on their own when it comes to the level of trust for such investments. This lack of transparency raises serious concerns about their trustworthiness. No more investments for me here!




