Perennial China Retail Trust - news update
Since my investment into the above on 21 Sep 2012, PCRT announced on 2 Oct that it is diversifying into Beijing. This project will be invested together with some reputable local businessmen from Singapore but will only be ready in 2016 and PCRT will have the right of first refusal over the retail space.
Personally i think it is a good diversification for its current portfolio. The report by DBS is here.
Happy SRSing
Just curious, do you have an opportunity fund where it is at least 50% or more of your entire portfolio, such that, in the event, of a Great Big bear, even bigger than the last GFC, this 50% or more fund can give you a much, much bigger return than the current small opprtunity of small gains, or worst, significant loss.
ReplyDeleteIt is more about is your upside potential at least twice your downside risk, or the other way round.
I am always ready for a crash. ;-)
DeleteYes, always keep some powder dry for great opportunity. I never believe in fully invested. As for the Beijing Tongzhou project, it is for long haul with potentially good return, but needs a lot of patience. Let's look forward to that day.
DeleteCS