Reasons:
- Strong organic growth - asset enhancement at Causeway Point to be completed in phases
- Acquisition of Bedok Point later this year
- Annual Yield of ~5%
- Reasonable gearing of ~31%
- FCT's heartland malls see huge human traffic
- I want to own a piece of every major mall in Singapore because Singaporeans love shopping. Secondly, the tourism sector is booming. :P
| Shop! Shop! Shop! |
Bedok Point
List of malls that I have a stake in:
- Causeway Point (FCT)
- Northpoint (FCT)
- Yew Tee Point (FCT)
- Anchor Point (FCT)
- The Atrium@Orchard (CMT)
- Bugis Junction (CMT)
- Bukit Panjang Plaza (CMT)
- CHIJMES (Suntec REIT)
- Clarke Quay (CMT)
- Clementi Mall ...
