Continuing from the previous post Understanding Singapore REITs Part One – REIT Categories, we will explore Office REITs, Retail / Office Hybrid REITs, Hospitality REITs and Residential REITs.

Office REITS – Low-Medium Defensiveness / Medium-High Dividend Yields / Medium WALE

Frasers Commercial Trust, CapitaCommercial Trust, Keppel REIT

Office REITs are generally one of the least defensive REITs you can invest in the Singapore stock exchange. Office assets typically suffer from oversupply in Singapore.  Suitable office locations are mushrooming all around Singapore and many companies these days may not see the need to be located in the city. Even Grade A offices may lose substantial tenants as many companies choose to cut costs when the rental gets too expensive in the city center. Another factor is that many of the tenants in the city are European/American financial companies which are bearing the brunt of this 2008-2011 financial crisis, hence ...