By Cris Sholto Heaton
Back in March, I wrote about the outstanding opportunities the global panic was creating in the Singapore Reit sector: It’s time to get back into property – Asian property.
At the time, fears that the credit crunch would make it impossible for many of them to refinance had hammered the sector to the point where almost every Reit sported a double-digit yield. This looked like an outstanding opportunity: the best of the bunch were very attractive income plays, with the bonus of the inflation protection that comes through owning real estate.
This turned out to be one of my better short-term calls. The sector is up an average 88% since, beating the local Straits Times Index (80%) and thrashing the FTSE (30%). I know from my emails that some of you bought into the sector Continue reading
