Wednesday, April 10, 2013

S-REITs: Capitamall Trust - Stability and Sustainability

This post is a follow up on my previous post on Capitamall Trust being a deep value play. Capitamall Trust is  Singapore's largest REIT and since its inception in July 2002, it has returned a total of 218.5% as of 31st December. The REIT is stable and has a distribution yield of 4.39%. The REIT has 15 properties that are strategically located and well managed. Management is also actively involved in Asset Enhancement Initative (AEI) and with the completion of Westgate in Jurong East, it looks to provide higher returns. For readers who wants to know more about Capitamall Trust and why it is a good, undervalued stock, UOB Kay Hian has a good presentation deck on Capitamall Trust. Hope this will give all readers a better understanding as investors should only invest in what we know! Have a profitable week ahead!

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