grossly misunderstood REIT

UNDERVALUED US REIT with dividend yield of more than 13%, trading at 40% discount to NAV, widely misunderstood reit. It is in the GROCERY SHOPPING (NECESSITY) business. It is NOT AN OFFICE REIT.

Valuation for Strip Malls is increasing due to positive demand drivers. (A strip-mall is a row of stores trading together in a neighborhood usually providing key local shopping requirements. The main structure of the strip-mall was divided into twenty-six individual retail spaces. Strip-malls at major road intersections can be found in nearly every city or town in the US.)

Recently opened another new mall in florida, St lucie. expected to boost earnings and dpu.

gearing around 40%, giving 20% buffer against fall in property valuations , if any.

Last but not least the sponsor is UOB. (UNITED OVERSEAS BANK) . so if in the worst case scenario, no one wants to lend them money, big brother UOB can come in to help

VESTED with next target price of 50 cents, followed by 60 cents