This is a funny name which i don't really know how to pronounce it. Should be read with a "silent e"?
Anyway, i am looking at this now because i have to indicate whether i am interested in it but i am not going to do a detailed analysis until it is launched.
CRT is the first Asia-Pacific retail trust that has its "initial portfolio" located in Japan and it is the second attempt in which it is trying to list on the SGX. Saizen is the other REIT that came to my mind, but it is focused on the residential segment. My IPO write up in 2007 was here and i must say, the write up last time is so....yucky. hahaha Saizen has since went through a lot of issues (based on my rough recollection) with difficulties in renting out its apartments in 2009. The current yield on Saizen REIT ...