Is mindspace IPO better or embassy office parks share for investment?
Embassy REIT has the highest dividend yield & highest occupancy rate. Mindspace REIT offers the highest tax-free distribution (90%) compared to others. Their LTV is the lowest (15.7%) among others.
Mindspace, with its large rental portfolio, which guarantees stable income and a high dividend yield, poses an attractive bet on the real estate market of four key cities — Mumbai, Hyderabad, Pune, and Chennai. REITs have to pay out at least 90% of their net distributable cash flows to stockholders as dividend.
Now is the time to buy REITs. The market misunderstands the impact of rising rates and as a result, REITs have now become steeply undervalued. We are accumulating them at High Yield Landlord and expect substantial gains in the coming years as REITs recover and while we wait, we earn an average 6% dividend yield