Sabana REIT: Safe to buy now?

Someone who managed to get some units of Sabana REIT at IPO asked me if it is safe to buy more units of the REIT now? Before the counter announced its first income distribution of 3.04c, I blogged about how I felt Sabana REIT was a great investment then.

Of course, there were nay sayers and people who told me I was wrong. There were also many who got in at the REIT's IPO and were burnt,