I initiated a long position in Croesus Retail Trust earlier this month.
I recently added to this position as I believe that this Trust could do better in the years ahead.
However, I also decided not to increase the size of my investment portfolio as I am close to 75% invested which is not very comfortable for me. So, I had to do some portfolio balancing.
For a while now, I have been thinking of reducing my exposure to industrial properties in Singapore, given the concerns of oversupply.
I have investments in a few industrial properties S-REITs and my two largest are in AIMS AMP Capital Industrial REIT and Sabana REIT.
Of the two, after some thought, I decided to reduce my investment in Sabana REIT because, comparing them, I believe that AIMS AMP Capital Industrial REIT has done a better job of improving value for unit holders in the ......