I was given an opportunity to take a tour of 4 of AA REIT's properties in the western part of Singapore and since the REIT is the largest investment in my portfolio, I accepted the offer right away after confirming that the tour is a private one. (Yes, I am still very shy.)
Everything tells me that my opinion of the management is right as they put investors' interests right at the front. Being AK, in jest, I said they must do that since Mr. George Wang has such a big personal stake in the REIT.
Bad AK, bad AK!
Shuttling between properties, we had a good conversation going:
1. With the oversupply of industrial properties in Singapore, I am worried about the vacancy rate for warehouses the most.
Apparently, the REIT is spending a lot of resources on as it is rather challenging and could get more so. I reckon ......
