After nibbling Frasers Centrepoint Trust at $2.31 last week and seeing it rebound towards $2.50 levels, I become greedier.

As I have depleted my cash war chest, I am looking to use the remaining funds in SRS for targets that are worth a quick punt and yet can be kept for long term if the punt fail.

I targeted Parkway Life Reit, Capitaland China Retail Trust, Mapletree Nac Trust and IReit. I placed orders for them at 3.37, 1.26, 0.95 and 0.72 respectively. In the end, order got filled for Mapletree Nac Trust and there I have it.


Priced at 0.95, it is at 0.67 of the book value of $1.412. Conservatively, if it is able to pay out DPU of $0.06 for FY2020/21, the yield is above 6%. Undervalued, at relatively attractively yield, backed by strong sponsor and the only Reit with properties all over North Asia, I believe this is a...