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EC World REIT – No go for me.
By Financial Adulting  •  February 28, 2020
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 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.  Quarterly DPU distribution  In-built fixed rental escalation for master leases and multi-tenanted structures. Not sure about how the escalation works from 2020 onwards. Maybe the upcoming annual report will shed some light. Its focus on the domestic market means that the REIT may...
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By Financial Adulting
Ahh... adulting. Our next phase in life. As we grow older (and hopefully wiser), one of the things we all probably aspire to do is to retire early. What? You don't want to retire? That's okay, because I don't really want to retire as well. What I do want to do, is to be financially free enough to pursue what I want to do, when I want to
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