Singaporeans have a good number of REITs for them to select from, when they look for dividend yield and share price appreciation.
These REITs are split into different categories and have their own characteristic, dividend spread over the risk free rates and react differently to the demand and supply of their own categories. (You can take a look at the REITs, their prevailing prices and certain metrics at my Dividend Stock Tracker)
Australia, together with Japan, are two very large and liquid REIT markets. They tend to have a smaller spread between risk free rates and REIT’s dividend yield. The characteristics of the property assets there may be culturally different from what we normally see in Singapore.
Charter Hall will be doing their initial public offering (IPO) of their Charter Hall Long WALE REIT and this provides us with a glimpse of what is popular with investors in other …