15-02-2014, 11:08 AM
Here in Singapore, Reits add very little value to our lives other than to suck more of our revenue into Reits owner. By the way Reits also inflate the value of their property before listing and that goes towards original shldrs of capital land/capital mall.
All these food Co. pay a 5% on revenue and it hurt our pocket and if you're a Reits owner, it hurts you too cause the property value is correcting and ultimately Reits share price will correct.
Gov should impose restriction of Reits collecting rent as part of revenue. It hurts value real value creator and consumers and there is not much value created on falling share price either. Thus it hurt everyone all the stakeholders!
All these food Co. pay a 5% on revenue and it hurt our pocket and if you're a Reits owner, it hurts you too cause the property value is correcting and ultimately Reits share price will correct.
Gov should impose restriction of Reits collecting rent as part of revenue. It hurts value real value creator and consumers and there is not much value created on falling share price either. Thus it hurt everyone all the stakeholders!