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Posted On Monday, January 14, 2008 at at 12:18 PM by Finance AnalysisCommercial REITs
I got interested in Commercial REITs after reading in The Edge and learnt that Allco Commercial REIT was selling at a discount. If we agree with the concept of buying at discount, then AllcoComReit would have been a bargain! Wanting to find out more, I began what was to become a study into the financials of the various Commercial REITs listed in SGX.
Commercial REITs or Office REITs are essentially business vehicles deriving income from operation of office spaces. In my opinion, REITs are useful for being able to deliver stable income returns to investors, with potential to deliver on valuations upside, and commercial REITs are no exception.
My search reveal that there are altogether five Commercial/Commercial-retail REITs listed locally.
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Source: Million Dollars Dream