LMIR has delivered stellar results! I am very pleased that its DPU has improved to 0.93c in 2Q 2013. This is 4.5% higher, quarter on quarter. An annualised yield of 3.72c gives us a distribution yield of 7.44% which beats what is offered by retail S-REITs in Singapore including the recently listed SPH REIT. If I were to invest in a REIT, it should offer me a distribution yield like this. If it should offer me a distribution yield similar to the dividend yield SPH could give me, I won't feel compelled to invest in the REIT. I also like the fact that the REIT is trading at below its NAV of 57c and that it has a relatively low gearing level of 24.2%. Can we expect a higher DPU in future? With a new CEO at the helm, the REIT seems to be doing ......