Yeah .. its about right, it's a property after all.. a slight premium to NAV

sigh.. cash ya but another one gone (investment asset / option) .. urgh 
gotta hunt for another "player" to buy for my "team of assets"

Still got wide range of other reits what... 

specifically... residential AND YAPUN (developed country also can) neh 

Creosus is Japanese mall reit.. quite good management and assets (assets from  Aeon Japan).. 

I am invested. 

"Technically" not REIT but a biz trust wor...

Hm.. still, holdings are
"...CRT’s principal investment strategy is to invest in a diversified portfolio of predominantly retail real estate assets located in the Asia-Pacific region, with an initial focus on Japan. The initial property portfolio of CRT consists of four completed retail properties located across Japan, which includes Aeon Town Moriya, Aeon Town Suzuka, Luz Shinsaibashi and Mallage Shobu (collectively, the Initial Portfolio). Aeon Town Moriya consists of a shopping mall with approximately 135 retail units. Aeon Town Suzuka consists of a shopping center. In September 2014, the Company acquired 100% interest of Durian 2 TMK Holding Pte Ltd from Croesus Merchants International Pte. Ltd."

Danke danke will dig in and see if it plays well with the rest of the midfielders i have heheh 

Wong seafood, do look at their debt arrangement. They have fixed rates until 2018 if not wrong. So, no need to worry about the effect from that undecided aunty yellen

last fri, usa job report was excellent.

rate hike in dec probably now 80% priced in.

today, sg reits all softened.

close to buying time.

Job data rarely work as gauge of economy’s health


The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Wall Street’s obsession with monthly employment figures is nuts. The 271,000 U.S. jobs created in October are obviously important for those who found work, but the number means less than investors might think. Nonfarm payroll data are volatile, prone to revision and lousy indicators of economic health. They’re important mostly because traders, analysts and journalists give them outsized attention.

The overall U.S. employment trend has been positive over the past few years. About 230,000 jobs have been created on average each month in 2015, dropping the unemployment rate from around 10 percent in 2010 to 5 percent in October.

Yet short-term numbers are unreliable, depending on the weather, the season, temporary layoffs and other unpredictable factors. Department of Labor statisticians can’t always compensate for the changes, leading to a margin of error of about 100,000 jobs either way – and often to later revisions.

The monthly variations are also tiny compared with the size of the economy. The United States has about 319 million residents, of whom about 150 million are working.

What’s more, nonfarm payroll figures are all but useless in predicting the economy’s performance. The number of reported U.S. jobs rose right up until the start of the last recession in late 2007. And after the recovery began in 2010, the number continued to drop for several months.

The data do have some value, of course. They’re a rough gauge of what the economy is doing at that moment, with employment gains typically indicating an expansion and losses a contraction. It’s sort of the economic equivalent of sticking your hand out the window to see if it’s raining. October, it seems, was a sunny month.

Wall Street will nonetheless await the next report with bated breath. Fixed-income investors may scrutinize it for signs of whether the Federal Reserve will raise interest rates – despite the tenuous relationship between employment and inflation. Traders might place bets based on their predictions. And journalists will no doubt pounce on the numbers in search of a story. In a more rational world, though, the monthly jobs figures would get the demotion they deserve.

http://blogs.reuters.com/breakingviews/201...conomys-health/

Think job report is overated.

Some other view points of the jobs report

Traders see a 70 percent chance that the Fed will raise its benchmark rate from near zero at its next meeting, up from a 56 percent probability before Friday’s release of stronger-than-forecast U.S. labor data. The calculation assumes the effective fed funds rate averages 0.375 percent after the first hike.
http://www.bloomberg.com/news/articles/201...ase-in-december

there will always be alternate views!

but traders in the market seems to be saying this:
so, yes, i will be nibbling.

more so when dow seems to have taken in this new rate hike thingy prospect quite well last friday.

We have all been numbed by this rate hike thingy.

Like i say, maybe a very small 25 pts which is insignificant impact on anything IMO 

one way to look at it is yellen has prepared everyone so well for so long that when it happens, it'll be a non event.

Anyone fishin yet? 

oh yeah!

Caught any   BIG ones?

not really... i been nibbling at capitacom since yesterday... 1.34, 1.33...

it's to replace FRET after i fled. FRET today 1.18, again.