MGCCT has reported its results which to me is good. Yield is at a high of 7.50% which is one of the highest among the Office REITs and Retail REITs. 7.50% is also my "yellow" threshold which I will consider seriously if other factors are strong.
Price-to-Book ratio is also at 0.854. This means that if I buy at current price, I will be getting it at a 15% discount. As it uses unsecured loans, its secured NAV is 117% which is one of the highest in SREIT as well.
One worrying point is its gearing which is high at 44%. Considering that it has a debt rating and it is investment grade, I don't think we should be too worried about it.
I am vested with 6,000 shares which I got during its IPO. Still enjoying its dividend although I have lost in capital depreciation. I am still looking around shopping for REITs.