In my quest for yield, a reit that caught my eye again is Saizen Reit. What's interesting is the recent softening of it's price due to the depreciation of the Yen mainly. 6 cents move is a year dividend ... oh a little pain..Few questions come into my mind. Is there opportunity to gain/recover from this ? Impact to S$ returns "Hedged the distribution payments for the six-month financial period ending 31 December 2014 and for the six-month financial period ending 30 June 2015 at JPY81.9/S$ and JPY85.6/S$ respectively." This hedging is rather important though not cheap. Looks like they did it well considering rate is about 91 currently. I do not see dividend issue for Mar'15. Property Yield About 1/4 of the portfolio in Sapporo: Prices known to increase in that area but Cap Rate maybe mute. Age of the Reit properties are not young so i ......