Mapletree Industrial Trust

[lonewolf]

but is market too optimistic about the prospects of MIT? The uncertainty still exists about potential rent escalation and asset re-development.

This remains to be seen and depends on how the economy in general is doing. If we continue to plough along at 4-6% growth, I think we will be ok. But of cos if another crisis hit and we go into another round of negative growth, the the rent escalation will not take place. But when that happens, what is true for MIT, will also be true for other REITs and businesses.