lappiloco
2022-09-15

green is not a creative colour
@highhand：
I sold it! $UOB APAC Green REIT ETF(GRN.SI)$ I was finally sold GRN instead of waiting a year. I bought this at IPO in Nov 21 to diversify into green REITs. Nowadays, anything "green" is the buzz word but I regret now. Some not so exciting numbers: - low transaction volume of 17k and large bid ask spread - small asset size of ~73 million - low projected dividend of 4% The assets are also diversified into Japan, which I'm not a huge fan of for strong growth. After selling, I'm considering these two REITs since I'm a fan of data growth. $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ - ME8U is larger in properties (143 vs 21) and asset size (8.8B vs 3.5B) as compared to AJBU - dividend yield is 5% for AJBU and 4.44% ME8U. Higher yield for Keppel caused by dropping share price - stronger growth expected for Mapletree as reflected in its resilient share price over the year You can compare all REITs in plot below. I will watch the two shortlisted REITs for adding opportunity. I already own some shares for both. Two other options are adding to more stable REIT ETFs. Food for thought. $NikkoAM-STC Asia REIT(CFA.SI)$ $LION-PHILLIP S-REIT(CLR.SI)$ I'm doing my obligatory diversification into REITs i.e. asset class. I like to hold a concentrated group of stocks, so this recent decision of selling at some losses is something I accept to consolidate holdings and re invest into better prospects. @TigerStars@Daily_Discussion
I sold it! $UOB APAC Green REIT ETF(GRN.SI)$ I was finally sold GRN instead of waiting a year. I bought this at IPO in Nov 21 to diversify into green REITs. Nowadays, anything "green" is the buzz word but I regret now. Some not so exciting numbers: - low transaction volume of 17k and large bid ask spread - small asset size of ~73 million - low projected dividend of 4% The assets are also diversified into Japan, which I'm not a huge fan of for strong growth. After selling, I'm considering these two REITs since I'm a fan of data growth. $MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$ - ME8U is larger in properties (143 vs 21) and asset size (8.8B vs 3.5B) as compared to AJBU - dividend yield is 5% for AJBU and 4.44% ME8U. Higher yield for Keppel caused by dropping share price - stronger growth expected for Mapletree as reflected in its resilient share price over the year You can compare all REITs in plot below. I will watch the two shortlisted REITs for adding opportunity. I already own some shares for both. Two other options are adding to more stable REIT ETFs. Food for thought. $NikkoAM-STC Asia REIT(CFA.SI)$ $LION-PHILLIP S-REIT(CLR.SI)$ I'm doing my obligatory diversification into REITs i.e. asset class. I like to hold a concentrated group of stocks, so this recent decision of selling at some losses is something I accept to consolidate holdings and re invest into better prospects. @TigerStars@Daily_Discussion

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