I read with interest Mr Colin Tan's article in Today newspaper regarding REITs. It is titled: "A decade on, REITs remain a mystery"
Indeed, after ten years since real estate investment trusts (REITs) were listed on the Singapore Stock Exchange, it seems that many people (including me) still do not really understand much about this asset class and the investment opportunity/risk involved.
I started taking note of REITs sometime back due to the potential dividends that I could receive. It seemed like a choice investment instrument for me as I was really into income investing and was looking for ways to increase my passive income. My first investment was in First REITs. I subsequently divested it because it was too heavily focused on healthcare with its assets largely in Indonesia. But while REITs are usually positioned as defensive play, I can agree with Mr Colin Tan that for Singapore REITs, ......