Not only this, I know a number of property stock with net cash, no borrowing, but selling a discount to its NAV, while still have constant dividend every year.

Property stocks if keep on sliding, may present good opportunity for longer term.

Bit by bit lar bro.
If too many variables to ponder, Paralysis Through Analysis.. (i was guilty of PTA too )

i consider myself "newbie" to SGX - still doing via MY broker to buy (mostly) & sell (hardly).
the forex will eventually iron itself out if we are doing it consistently yearly (heheh - no $ to do monthly ma)
AND.. the added bonus of "currency value diversification" from only RM & USD (yes - i saw U in the US stocks thread/topic  )

Just sharing a PTA's view - no right, wrong, just wong 

Hkd is almost equivalents to usd vs myr.currency already earn more than 20% if you buy something in usd)/Hkd a year ago. hmm I am doing opposite to you since I acquired more myr assets these few months. For Malaysian investor who would like to invest overseas now, using myr is not really that attractive at least for me .

Any big changes after CMMt takes over? 

CMMT's just released its Q report.
Sg. Wang continues to be a big drag on its income.

In term of income stability and improvement
My personal view is
IGB - Axis - MQ

But in term of current yield attraction.
MQ-Axis-IGB

3 of them are quite a stable reit.
But their properties portfolio are different.
So it depends on one preference.

So far only one Mreit is having exposure to overseas property, that is Ytlreit which benefit from AUD appreciation.

Wah long time no c you in MY stocks already. 

You can read some write up Kepple DC reit, I was also wanted to invest in that, but further reading makes me think twice. Especially the low yield and potentially high capex later which potentially can lower the dividend. (Same story with APTV). Kepple DC currently have 75% of the customers on co-location. 25% is on double and triple net lease (which is safe, as you are renting out the 'shell' only).

Servers do not come cheap, and being computers they have pretty short lifespan. After a customer leave, a new customers might demand faster processor, more storage, faster switches, bigger gigabit fiber etc etc. A server rack lifespan is about 5 years the most, i think. And old servers sells for peanuts..

A server building also require very good air conditioning to keep the racks cool, some even come with water circulation and backup genset. All these also have lower lifespan. You can say malls are also the same, but a server rooms runs on so much more heat than humans do..24 hours a day, the air conditioning on server farms are a beast.

http://investmentmoats.com/money-managemen...keppel-dc-reit/

http://singaporeanstocksinvestor.blogspot....investment.html

Fed is not expected to raise rate further, hence we see no impact on reit in global scale.
There was a sell down on reit last year end when Fed finally made a move, but since after that all quiet down.

Mreit is more localised, it has yet become internationalised reit market (typical like Sreit) whereby foreign participant in MReit is still rather low, so local interest rate is more relevant.
And local interest rate is not expected to rise.

Speak to your IT friends. The future trend is to go cloud so that they pay per use and don't need to invest in physical servers, security and backup. So there will be an increase in demand.

SG even though is high cost, but they do attract big data centers to be built here (compare to say MY) bcoz of fantastic infra connectivity, reliable and safe.

Offices are oversupply, malls the same, so only industrial warehouse (e-commerce) and DC should be the upcoming potential growth.

Bcoz MY interest rate not expected to increase due to high family debts.

US interest rate hike should slow down based on last 2Q sudden drop in inflation.

Even compared to other M-reit.. still low..

My average Mreit holding is currently about 6%-6.5% (Not on cost, based on market price)

Not unpredictable Mgmt, just the High Five Bread maker (remember?) bankrupt and overdue in payment to ARREIT, and refuse to move out till court finally get them to move out. They are also focus in office which facing oversupply. They shifting focus to industrial and hospitality assets now.

Not all low profiles ones are bad.. there are gems out there too..  Areit.. is not my cup of tea.. all grade B/C properties.. 

There is a gap between the RI completion and purchase of the new property. This could be 2Q worth before the new purchase can contribute meaningfully.

During this time I would expect DPU per Q to fall to ~2c before recovering back to ~2.4c, after the new property contributes. So share prices will remain weak, for now.

Also note that the last 4c divvy after RI is for 5 months. SO the next divvy is likely ~0.8 (1 month +dilution). This could be a shocker for people who did not calculate properly. 

When people panic... 

No more fat rabbits lar.. even the trump scare in Nov/Dec 2016 also no effect to MReits..

But on other hand in Sreits lots of bargains during the scare. 

Better look elsewhere. 

SREITs is not just SG properties.. there are lots of listed REITs in SG with property in US, Europe, India, Indonesia, China, HK, Aussie, Japan etc...

Truly a worldwide REIT offering, and the bonus is 0% dividend tax... 

For example my SReit holdings have property concentrations in India, Indonesia, China, SG, Aussie and Japan. No Europe or US yet..