Soilbuild Business Space REIT is an industrial REIT that currently owns three business park properties and ten industrial properties, located in both Singapore and Australia. As of December 2018, the REIT has a net lettable area of 4.03 million square feet, leasing its properties out to a total of 115 tenants. Based on Soilbuild REIT’s current stock price of 62 cents and its 2018 distribution of 5.28 cents, Soilbuild REIT is rewarding unitholders with an impressive 8.6% yield — the highest among Singapore industrial REITs. At the same time, Soilbuild REIT is trading within 10% of its historical lows. In light of these facts, I attended Soilbuild REIT’s AGM to find out whether the stock is an undervalued gem, or simply a value trap. Here are eight things I learned from th