It would seem that CDL Trust is fairing much better than most of the REITs in that it manage to sustain a healthy climb on a back of one of the strongest balance sheets for REITs. Although it is not yielding as much as the majority of the REITS (5.1%) its still a good return on a balance sheet with an absence of debt (please correct me if i am wrong here. My data is from DBS Vickers Clarity)
Come another crisis, REITs like these with low debt, good parent backing and assets that are not susceptible to downward revaluation of prices are likely to be good pickups.
Here are today’s figures. Do follow my Dividend Stock Tracker which is updated nightly here.
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