Ticker: BWCU While most of the REITS in Singapore have either a commercial, retail and industrial flavour to it, EC World REIT gives you exposure to the e-commerce and port logistics properties in China, which caters to the domestic Chinese market. Some noteworthy things from my skimming around the annual report and online articles: (+) 8 properties so far: 3 eCommerce, 3 ports, and 1 specialised properties Relatively consistent DPU from 2017 onwards 2017 = 5.984c 2018 = 6.179c 2019 = 6.107c WALE of 4.3 years exceeding industry average Potentially underserved market for e-commerce and video streaming. CEO says only 20% tapped so far, so if true then there is the potential for large growth. Having used Shopee, Taobao, etc, I am very amazed at how efficient logistics are being done in China today. Quarterly DPU distribution In-built fixed rental escalation for master leases and multi-tenanted structures. Not...