But they are also more uncertainty with them. You cannot separate attractiveness and uncertainty, but you have to build up the competency to pick out the good ones. (click here to view a larger table) Rickmers look very attractive at 13% yield, but that is based on historical cash flow. What you need to know is that much of its cash flow from the ship charters was secured in 2007 at the height of the shipping cycle. In the future, they would have a problem covering that dividend yield. Still I was surprised by the fall. The office REITs have fallen a fair bit due to the oversupply situation while the hospitality REITs are affected by the downturn in the tourism sector. The industrial REITs look very attractive, but you have better buffer for their rental to be cut due to the cost competitive issues in Singapore and poorer manufacturing ......