for example:
Dec 2015, US10Y @ 2.2%, Sunreit @ 1.46, 12M Trailing DPU 8.57 (2.27+2.13+2.05+2.12). around 5.86% yield..
that's when i nibbled some Sunreit (very little

)... things quickly rebounded when mkt found out that FED actually talk cock about 4 hikes a year..
i also bought CapitaComm, CapitaMall, etc during that time..
3.5% is just a personal "guideline" la... not a strict rule to follow... some are fine with 2.5% or even 2%, etc...
there are many other factors to consider too.. eg the reit's cost of debt, gearing, price/nav, prospects...
http://ir.chartnexus.com/sunwayreit/distribution.phphttp://data.cnbc.com/quotes/US10Yhttp://finance.yahoo.com/quote/5176.KL?p=5176.KLyup agree that it is hard to find in MREIT now. can only get when there's occasional panic

.. in SREIT is easier but they are also more volatile compared to MREIT...
i buy reits for long term holding.. so i am prepared slowly build up my reit portfolio...
iirc, reits normally tracks bond yields more than short term rate (OPR)...
gov bonds will affect reits refinancing rate.. and subsequently their yield..
lower OPR will send RM lower (which i hope already priced in).. which sends more foreign funds fleeing, maybe less bond investors, which sends MGS yield up...
it's just a possible scenario i guess... it's too complex to accurately predict what will happen lol...

need to read more >__<"
anyway, me still learning... so pls correct where i'm wrong and let's do more discussion!..

MSG yield up, may effect reits price suppress tandem match the yield. Question how fast n surprise our Aunty Jane shock investor will the move. Definetly those late player will may push the panic button..market will hv another round of adjustment.