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(08-09-2021, 12:52 PM)Ernesto Wrote: Over invested with $17billion but now properties are stagnant. China investment lagi worst. They thought they can make money easily like in Singapore thru daft Singaporean.
China next 5yr plans will be less infrastructure and property related. They are focusing on manufacturing and innovation
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Side step
When the company was private, the value was $1. Company went for listing. The value is $2. REIT is a new wave. The manager keeps increasing his portfolio which corresponds to his fee. The new wave is coming to an end. Now, it is time to take it private again.
Some countries, the shops simply cannot open. You open, you will get fined by the government because of the lockdown restrictions.
(This post was last modified: 08-09-2021, 03:17 PM by
theold.)
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