source: https://thefinance.sg/2024/02/18/lesson-from-my-us-reit-investing-understanding-capex-requriments-and-age-profile-of-buildings/
Investing in the US Office space taught me a lesson. Its not about the US real estate cycle but the need to understand the CAPEX requirement of the REITs and the building age profile. For these US office REITs, capital expenditure has to be spent to ensure the property is refreshed As a building ages, […]