This blog post is in response to a comment from a reader.
When was the last time I blogged about K-Green Trust? One year ago!
See:
K-Green Trust: DPU 4.69c.
K-Green Trust seems to me to be quite lazy.
I have been waiting for them to gear up and make DPU accretive acquisitions forever! The management did not take advantage of the ultra low interest rates in the last 3 years at all to acquire assets. It is baffling.
Their portfolio of assets will run out of time gradually and some alarmists wave around banners saying "No more assets in 11 years!"
Well, not exactly. I looked at this in detail before......