$CapLand Ascendas REIT(A17U.SG)

Almost all the REITs are falling, I am still holding CapLand Ascendas REITs.

Right now it trades at S$2.33, down 5.32% from my average entry price of S$2.461. The paper loss is real but the fundamentals remain solid and that is exactly why I am not selling. Never give up 😁.

Capland Ascendas offers a steady 6.47% dividend yield and backed by quality industrial, data centre assets across Singapore, Australia, UK and US. The dividend yield is better than FD and T-Bill.

I am confident that Long-term demand for logistics space and digital infrastructure is only growing stronger.

Higher interest rates are pressuring all S-REITs right now. I am looking past the short-term noise. I see deep value here and a strong portfolio that will pay off when sentiment eventually turns.

I will keep holding and accumulating on weakness. Patience pays when you understand what you own. Cheers. 🍻