Our company is one of the tenant of the assets, frankly speaking the building was so old, and with the same amount of rental, we can actually get the nearby units which is much newer and nicer. But boss decides....
If you look at the prospectus, most of the hotels are mid-ranged and will never hit your mind when I ask "what are the good hotels in Singapore". Look at Orchard Central and the Central, I am very very very very surprised that the shops tenants can survive till now. No doubt is not part of the Trust's portfolio, but they are from the Far East family.
For me, hit and run. Nothing much to look forward.