Ever since the privatisation of Capitamalls Asia, I am looking at similar plays as proxies into the regional consumerism and retail scenes. Though investors can ride on retail property reits, the excitement of holding a retail stock is not the same as that with a retail reits. Yesterday, I mentioned about Parkson Retail Asia stock and how this stock can offer investors a proxy into the regional consumerism and retail scene in asia. But I still prefer a larger stock like Capitamalls Asia stock. This leads me to thinking once and again the possibility of bigger property stocks buying over smaller property stocks so as to form a very large and strong property stock. There are really many small-caps and middle-caps property stocks, each with their own niches and strengths and are much under-valued. For example, Ying Li stock is centred on Chong Qing while IPC stock has a focus ......