08-04-2011, 08:55 AM
(07-04-2011, 02:10 PM)Musicwhiz Wrote: Haha, well if you compare to previous REITs yes the yield is low, but then again it still trumps inflation hands down, so that may still attract investors. After all, F&N and SIA bonds are only paying half the yield.....
The recent REITs listed were all industrial REITs: S'bana, MIT, CLT.
MCT is a retail/office REIT which typically yields lower than industrial REITs.
Here's some of the current listed retail/office REIT yield for comparison:
Source: SGX REIT Data as of 7 Apr 11
Starhill Gbl: 6.556%
FrasersCommercial: 6.938%
CMT: 5.032%
Suntec: 6.095%
It's already pretty obvious that many here does not find the REIT an appealing proposition; but that not entirely surprised as many are anti-REIT in the first place.

Well to each his own. I'm definitely going for this one.