Bangkok, Real estate in Real Estate (REITs) has better returns. MFC sends MGPROP fund to invest in real estate around the world, embracing the growing trend of AI-Healthcare, selling IPO on 6-14 Mar. C.67
Mr. Thanachot Rungsitthiwat Managing Director MFC Asset Management Public Company Limited MFC said investing in real estate (REITs) is interesting. From cheap market prices compared to asset values, since 2022 REITs prices have been pressured by inflation. and interest rates that continue to rise. However, the uptrend interest rate cycle is likely to have passed its peak. Coupled with the recovery of income from REITs after business disruption from COVID-19 and the improved trend of occupancy levels and rental growth, it is therefore an investment opportunity. REITs where REIT prices are expected to recover strongly and provide good returns.
‘From the statistics of the performance of REITs compared to the SandP500 during the 12 months after the cessation of raising the US policy interest rate, it was foun
d that REITs gave returns higher than the US stock index SandP500 on average by more than 5% and investing in REITs gave returns (Absolute Return) averages about 19%,’ Mr. Thanachot said.
In this regard, MFC Asset Management Co., Ltd. Prepare a sales pitch ‘MFC Global Property Equity Fund (MGPROP) has a policy of investing in real estate stocks around the world. Diversify investments in various businesses using Valuation-Focus style. Focusing on investing in stocks with appropriate prices. To create opportunities for good returns Including stocks in the Data Centers business that has high growth in the long term and follows the AI ??trend, and stocks in the housing business for the elderly. that supports the needs of an aging society The initial public offering (IPO) is scheduled to open between 6-14 March 2024.
Source: Thai News Agency