I have nothing against traders but making money by continuously buying and selling stocks is simply not for me. As with common stocks, one can also trade REITs. But I prefer investing in REITs and holding on to them for a long time. All the while collecting the quarterly dividends like clockwork.
CREIT recently released its 1H2022 financial results and it paid out 107% of its distributable income as dividends. While REITs are required to pay out at least 90%, how can CREIT pay out much more than its income?
Post-Covid, it will just be a matter of time before our large mall developers fold them into REITs. We have plenty of potential properties: SM Prime has 86, Robinsons with 58 and Ayala has 27 shopping malls. We also have midsize chains like CityMall and the Gaisano group.
philreitinvestor.com 