
I had looked at Mapletree North Asia Commercial Trust (MNACT) when I started investing in late 2015. However a few reasons make me reluctant to invest in it then.
High Gearing
At almost 40% which may result in rights issues.Over the years I have learnt that rights may not be bad and give a good chance to buy more at a cheap price like the recent Frasers Logistic & Industrial Trust Rights...