I suspect that the revenue on 20 Gul Way has not been realized yet, probably due to the contract (if I am not wrong, first two months is rent-free.) Thus, we are not really seeing the full picture of the yield so I am expecting the yield to increase later. Nevertheless, I need to observe this closely as I am banking on it to deliver about 25% of my annual returns.
AIMSAMP Industrial is what I call an organic growth REIT. There is a lot of redevelopment potential which is yield-accretive and NAV value-accretive. They are more stable and visible compared to acquisitions. Although it does not fulfil my target of 8% yield and Price-to-book ratio of below one, I will still hold on to this REIT for its growth prospect.