the rent increase linked to cpi will not cover the interest rate...

the rent increase linked to cpi will not cover the interest rate rise …

clw will most likely cut the dividend for the next financial
year and play the conservative game as no one knows where the interest rate will end…

I expect them to report a 5-10% cut in dividend for FY23 …. However, I’m also expecting the market reaction to be mild as I think they have priced in most of this news

rising rate cycle is definitely bad for reit and it may be a good time to accumulate this quality reit until the cycle stabilises or turns…. A 10% cut in dividend will still put clw at above 6% yield which is still acceptable

if I bought a commercial and rate rises by 2% in a year
then there is little doubt my return will go down, same thing is expected with clw and we see it more clearly since it’s much much liquid than holding direct properties …..