Croesus Retail Trust

[Tiggerbee]

Sigh, I sala again...this REIT is doing better than Mapletree Greater China Trust...why? Besides having higher projected yield, they are many risks such as currency, location of malls, size of mall, Japanese economy etc....still perform better than MGCT.....always sala

If I recall, Croesus hedge at least 80% of their currency exposure so the dividend payout in SGD is mitigated. Also, Japan is expected to maintain ultra low interest rates for a very long time so interest rate risk is much lower vs Singapore REITS. Also, the current yield for Croesus is about 8.5%, which is much higher than MGCT yield of about 6%.