This Temasek-related Reit invests in logistics facilities in the region. Its latest investment is in S Korea.
Its yield is 6.8%. While its last traded price is $0.92 and its last reported NAV is $0.85, OCBC recently came out to say that OCBC calculated that its revised NAV is $1.01 (also OCBC’s target price for the stock). Not a rich discount to the share price but pretty decent, given its Temasek credentials.
I might add it to my portfolio.
Good Morning,
New to investment and trying to understand how things work. You mentioned
“Its yield is 6.8%” and
“OCBC calculated that its revised NAV is $1.01 ”
where can one find and verify this information, thanks.