Good approach. Buy reits must be with the intention of not selling it, if possible, at all. Guarantee ways of dpu growth is by making accretive acquisitions and as with a coin, the flip size of crisis (perceived or otherwise) is that acquisitions cost will be lower as well. Just need to invest in good reits with good track records.
Reply to @kwkwkw : FCT' s malls are mostly located at heartland. In a sense, footfall traffic may be sustainable as residents tend to visit neighbourhood mall as part of their lifestyle to hangout, shop, eat, entertain etc. I think if the valuation is attractive, it should be all right to have it in the portfolio. You may also want to look at Capitamall Tr, they have a mix of heartland malls and upscale malls [good tourists number may affect the performance positively]. Depending on prevailing market mood, the valuation for these 2 heavy weight reits may become more attractive.
Good approach. Buy reits must be with the intention of not selling it, if possible, at all. Guarantee ways of dpu growth is by making accretive acquisitions and as with a coin, the flip size of crisis (perceived or otherwise) is that acquisitions cost will be lower as well. Just need to invest in good reits with good track records.
Reply to @kwkwkw : FCT' s malls are mostly located at heartland. In a sense, footfall traffic may be sustainable as residents tend to visit neighbourhood mall as part of their lifestyle to hangout, shop, eat, entertain etc. I think if the valuation is attractive, it should be all right to have it in the portfolio. You may also want to look at Capitamall Tr, they have a mix of heartland malls and upscale malls [good tourists number may affect the performance positively]. Depending on prevailing market mood, the valuation for these 2 heavy weight reits may become more attractive.