I see this post as a continuation of my previous post titled “S-REITs: What have they been buying and selling? Read here. After all not all purchases are advantageous from the retail investor’s point of view. One key question in everyone’s mind is the purchase ultimately accretive or dilutive to the DPU long term. Post-acquisition, will the dividend payout increase or drop? Is the purchase just a way for the sponsors to dump unwanted & unproductive properties to the Reit investors? Or will it be in line with the long term interests of the investors? An enlarged portfolio may not necessarily be a good thing. A more focussed basket of quality high yielding assets would be better. What can be found for sure is the short term impact to the DPU, long term wise, the overall DPU of the Reits will be dependent on a whole host of factors, be it time based...