AA Reit tumbles 7% on private placement

Investing
1

Wonder what others are thinking right now.
Personally, the reit has been on my radar for quite a while since 2018h2. I was putting it on probation with intention to reduce my holdings this year with MCT / Parkway / VICOM to eventually take its place with a drop in overall dividend yield. So far the unrealized gains from the the three have far outpaced the unrealized loss of AA Reit.

Done some homework but I dont see this REIT’s dpu going up much over the next 3 years. It will likely hold constant (relative to its pace of issuing new shares), or drop a bit.

Any thoughts?

2

I rather go for CRCT, AIT, MUST or AGT

AAreit DPU down down down.

or wait for mapletree student trust or ascendas us reit

3

Yes AA reit dpu just doesn’t go up. Frustrating.