Daiwa House Logistics Trust - Japanese Logistics REIT Trading At Discounted Valuations?
Introduction With interest rates rocketing to decade highs, it's no wonder dividend stocks, especially REITs, have taken a huge beating. The Singapore Stock Market has widely been known for its REITs, filled with large cap firms backed by corporate giants. But have the smaller, newer REITs been overshadowed and neglected? More importantly, can investors make money from them? Well, that's what we're here for. Daiwa House Logistics Trust Logo (Source: DHLT Website ) Daiwa House Logistics Trust, hereby abbreviated as "DHLT", is sponsored by Daiwa House Industry, and is an industrials and logistics SGX-Listed REIT with 16 modern logistics properties located in Japan, which translates to 444,728 square meters of Net Lettable Area (NLA) and a total appraised value of 87,531 million JPY. Do take note that the REIT's investment mandate does permit the company to acquire industrial assets outside of Japan but located within the ASEAN region. DHLT's Balance Shee...