Added CapitaR China Trust to the Cashless/Strategic section in my investment portfolio. This is to replace Cambridge Industrial Trust that was divested last month.
CapitaR China Trust was chosen as it is a retail Reit in China. Retail Reit to me is termed as defensive (just rank behind health care). While the like of CapitaMall Trust and Frasers Centrepoint Trust can be considered as a "lifestyle" in Singapore due to their suburban malls exposure, those of CapitaR China Trust might not be (China and Singapore should have different lifestyle). However, China with a population of over 1 billion (vs 5.3 millions in Singapore) is not something to be easily ignored when come to retail. This is one of the main reason that I decided to get into this Reit.
According to its latest FY2015 earning report, it delivered a 10.60 cents DPU for the 2015 and that ......