I've always liked this REIT as its portfolio of properties are in Singapore and its business is relatively easy to understand. REITs invest in a portfolio of properties and are professionally managed by their team. Income generated from the rental of properties are collected and distributed to shareholders of the REITs. In Singapore, REITs distribute 90% of rental collected to shareholders.
Suntec REIT has the following properties in their portfolio:
100% of Suntec City mall
100% of Suntec City office towers
60.8% of Suntec Singapore international convention and exhibition centre
100% of Park Mall
1/3 of One Raffles Quay
1/3 of Marina Bay Financial Centre
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I'm in my late 20s now and living in a small island city called Singapore. I started this blog in June 2013. My background is in Engineering. Later on, I went on to pursue a degree and graduated with a Bachelor of Economics ...
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