I think the report forgets to mention that the managers buy an asset in China and lease it back to the seller - and they default on the rent indefinitely and basically tell them they can do nothing about it because nobody else will rent it. The courts will not help and the client basically monetised their assets laughed at them and still get to use the building for free. Just a very poor reflection on management, competence and governance. I would not buy.
But harsh but I do feel he should have cut given the economic data. Unfortunately I do feel he is not cutting because of what Trump is saying and he is not Being impartial to politics.
Far from worry free - Keppell DC REIT has the issue in Guanghzou with the major tenant defaulting and no solution so far. Parkway Life simply does not yield enough and share price doesn't move because of this. Capitaland and Ascendas is a but too volatile. S Reits is not a good investment, Prices have been depressed and subject to huge idiosynchratic risk such as Manulife, Mapletree. Just put your money in a term deposit. That is worry free.
What musk needs to realise is that if Tesla falls - Trump will not talk to him anymore and disregard him. He will no longer run Doge. Tesla is the foundation to everything. He needs to give it more attention and appoint a CEO if he has no time to run the company and wants to focus on politics. Very concerned
$Keppel DC Reit(AJBU.SI)$ this is outrageous. The company enters into a sale and lease back deal and gets totally screwed over By the seller and now they are refusing to pay the rent and saying to KDCR - wtf r u going to do about it? This is China. Wtf were the management thinking? What DD did they perform and did they hire an advisor. the management and board should be held accountable. It is not their money it is shareholders money - which they are blowing up!