REITs have been getting a lot of flak recently due to the rising interest rates. A lot of investors out there have been swearing away from REITs in the belief that they will underperform in the coming months.
To me, I’ve always viewed REITs as a long term investment in the underlying real estate. As the price for real estate drops, my appetite for real estate goes up, as long as they are quality assets.
So I was very thrilled when I received this question below on the Financial Horse Forums (minor edits for clarity):
I recently attended the EGM of MLT (Mapletree Logistics Trust) and they mentioned about increasing their exposure to China from the current 9% (after recently acquiring the 11 China properties from their Sponsor) to 25%! During this same period, FLT (Frasers Logistics & Industrial Trust) is doing an equity fund raising to …