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

# 💰 Stocks to watch today?(28 Mar)

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  • ___ _
    ·2022-09-14
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    hope your position in $UOB APAC Green REIT ETF(GRN.SI)$ isn't too large. I've made a mistake in fact 2 to have large positions into PrimeUS and ManulifeUS. actually they become large after i keep averaging down. a lesson for me indeed
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    • highhandReplying to___ _
      haha... like me... its a bluff!!
      2022-09-14
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    • highhandReplying to___ _
      Tiger has marked us as the "nonsense" talkers... [LOL]
      2022-09-14
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    • ___ _Replying tohighhand
      i think they mark u [NosePick]
      not me..
      2022-09-14
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  • hydros
    ·2022-09-14
    all these reit etf just want to earn management fees. I will just buy individual reits which have good management and strong track record.
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    • highhand
      can't argue with that [Like]
      2022-09-14
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  • ragdoll99
    ·2022-09-19
    but then speaking of AJBU, it was dropping drastically in the view of rising interest rates. i really wonder when it will stop the digs.
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    • highhand
      when the interest rates stop rising... [LOL]
      2022-09-19
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  • Jasmine1205
    ·2022-09-18
    making a loss is so painful
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    • highhand
      but no pain, no gain. [lovely]
      2022-09-18
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  • lappiloco
    ·2022-09-15
    green is not a creative colour
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    • highhand
      yup.sometimes related to panic 🤢
      2022-09-15
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  • ___ _
    ·2022-09-14
    so u are into data centres [lovely]  so u support deleting of posts to reduce digital carbon footprints [lovely]
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  • highhand
    ·2022-09-13
    why my $KEPPEL DC REIT(AJBU.SI)$ disappear!!! there's a bug @TigerWire
    tbh, I had to rewrite my post after it disappeared because app crashed. half hour became one hour [Cry]
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    • ___ _
      don't think TigerWire is a human [Observation] if i guess correctly, it is a robot dispensing messages 🤔
      2022-09-14
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  • MaudNelly
    ·2022-09-13
    Could you let us know your cost price of GRN?thanks.
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  • Guy
    ·2022-09-13
    MAPLETREE INDUSTRIAL TRUST looks like a good one to buy on data science.
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  • ragdoll99
    ·2022-09-19
    kudos to make up your mind and make the right decision. nothing worse than locked up capital.
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  • SGboy
    ·2022-09-14
    Agreed with that. But first of all, you must have the right pick.
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  • Dionysius
    ·2022-09-14
    thanks for sharing!
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  • WingCheong
    ·2022-09-14
    Great. Thanks for sharing.
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  • SandDust
    ·2022-09-13
    Thanks for sharing
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  • Jazzfrey
    ·2022-09-15
    Lion phillips reit not doing well i think
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  • Huatx3
    ·2022-09-20
    👍🏻
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  • dM
    ·2022-09-18
    .
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  • bullditt
    ·2022-09-16
    [Like]
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  • Harresh
    ·2022-09-16
    Ok
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  • Edmond123
    ·2022-09-15
    👍
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