For your information, I have just bought Ascendas Real Estate Investment Trust at 1.55. This position is based on the expectation that the earnings announcement in the after hours will be better than expectation.
My view is that there'll be growth in smaller industrial spaces, as most businesses will be looking at winding down large operations to keep businesses cost efficient.
Good trades.
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2 Responses to "Trade: Buying Singapore Stocks"Hiya, so how is the earnings results?
they have already hedged their loans against a fixed rate loan. I think the most important part of their earnings report, is that, they have more than 3 years of secured rental, that has paid up more than 10 months of initial rents for deposits.
Seems like the trend would be shifting into smaller industrial spaces over the next few years, as most companies would want to reduce ｃｏｓｔｓ．
I wonder if you feel the same way.
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