LIPPO MALLS INDONESIA RETAIL TRUST
The down side is interest rate, mitigated with 70% fixed rate basis. Forex is ok with weaker Singapore dollars. Is this a rare REIT gem ?
DPU 0.87 ( 7.4% increase )
For Stock Price of $0.385, Yield about 9%
Gearing : 31.5%
I like this REIT because of good Indonesian population base growth potential, income outside Singapore with mid term track record. Base on this quarter result, likely next few quarters we will see better rental revision thus potential growth in DPU.
DPU Track Record
The down side is interest rate, mitigated with 70% fixed rate basis. Forex is ok with weaker Singapore dollars. Is this a rare REIT gem ?
Cory
20170216
Hi Cory,
ReplyDeleteI'm vested in Lippo Mall but I'm cautious though. Have to look at their management.
yeah. well known in the industry i guess. :)
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