Honestly, I have no idea too. MIT and MLT just do not seem appealing to me. I prefer retail, office and healthcare REITs. I just feel that the demand for retail space, office space and healthcare facilities will always be strong. But "industrial" and "logistics". Ermmm...... I am not sure.
Now, MapleTree is listing a commercial/retail trust called "MapleTree Commercial Trust" (MCT). Some tentative information:
- Yield: 5.47% - 5.92% (FY11) and 5.96% - 6.46% (FY12)
- Price: $0.84 - $0.91
- Properties: Vivo City, Bank of America Merrill Lynch Harbour Front and PSA Building
Finally! I can own a microscopic tiny part of VivoCity. VivoCity is one of my favourite retail mall because it is so spacious and bright, with a huge variety of stores (I like the Sushi Tei here^^). The scenery looks great from the rooftop garden!
Vivo City's façade
Interior of Vivo City
Rooftop garden at Vivo City
Sushi Tei at Vivo City "Slurp"