The REITS asset class have been gaining popularity fast amongst the local investor scene since we have our first investment trust back in 2002. The earliest investment trust was CapitaLand Mall Trust (CMT) when it IPO in 2002 and today its market cap has since jumped 16 times to $9b over a period of 18 years through the issuance of new shares and growing asset portfolio. Today, all the Singapore REITs, stapled and property trusts are a combined number of 35 with a total combined market value of over $100b, which is approximately 10% of the overall Singapore stock market capitalization. The STI now includes five REITS which have a combined index weighting close to 10%. Mapletree Commercial Trust (MCT) and Mapletree Logistic Trust (MLT) were the latest joiners in 2019, joining other earlier companies like CapitaLand Mall Trust (CMT), CapitaLand Commercial Trust (CCT) and...