At Cache Logistics Trust‘s (SGX: K2LU) share price (technically known as unit price for REITs) of $0.46, it has a price-to-book (PB) ratio of 0.78 and a distribution yield of 12%. Is it worth investing in Cache Logistics Trust at its current price and valuation? Let’s explore using my 10-step guide to pick the best Singapore REITs. As a summary, here are the 10 steps I use to pick the best Singapore REITs: Growth in Gross Revenue and Net Property Income Growth in Distribution Per Unit Property Yield of Between 5% and 9% Gearing Ratio of Below 40% Interest Coverage Ratio of Above 5x Healthy Portfolio Occupancy Rate Positive Rental Reversions Presence of Growth Prospects Acceptable Price-to-Book Ratio Distribution Yield of Above 5% Business Background Cache Logistics Trust is an industrial REIT that was listed in Singapore on 12 April 2010. As of 31 December 2019, Cache...