This is the transcript of a YouTube video I produced recently.

During "Evening with AK and friends 2023", someone came up to me and asked what I thought of US Hospitality REITs listed in Singapore. He asked that question since I kept reminding myself to stay away from US commercial real estate REITs, and in particular the US office REITs. Of course, now we know what just happened to Digital Core real estate investment trust, a data center Trust listed in Singapore. They lost their second largest customer which contributed 23% to their total rental income. That customer was also Mapletree Industrial Trust's third largest customer. So, Mapletree Industrial Trust would be taking a hit too although not as badly as in the case of Digital Core real estate investment trust. Mapletree Industrial Trust announced that their 3rd largest tenant by gross rental income has initiated bankruptcy proceedings in the US Court....