The market "euphoria" on REITs died after PM Lee announced an extension to the "lock down" and most positions i had fell in value.
In addition, the merger between Frasers Commercial Trust and Fraser Logistics and Industrial Trust caused some "havoc" to how DBS SRS tracked my portfolio. In exchange of 52,571 shares of Frasers Commercial Trust, i received $7,938 in cash and 64,820 units of Frasers Logistics and Industrial Trust. If you look at the table, i have now received the shares for "free". The same is going to happen for Capitaland Commercial Trust when its merger with CapitaMall Trust goes through as well. Sigh!
I have assumed a 75% haircut in DPU for the REITs in my SRS and based on back of envelope computation, the distribution income is around $4,090 for 2020. I am glad the rules changed frankly, so that the REITs...