Real Estate Investment Trusts or simply REITs are listed companies that buy, rent out and manage properties. REITs lease out spaces and collect rentals from their tenants which is then pay out minimum 90% of taxable income as dividend to its shareholders, either quarterly or semi-annually.
If you have not heard about REITs before, then let me give you some examples:
Westgate, Plaza Singapura, Bugis+ Causeway Point, Northpoint City North Wing, Changi City Point Bugis Junction Tower, Marina Bay Financial Centre, One Raffle Quay CWT Commodity Hub, Pandan Logistics Hub, DHL Supply Chain Advanced Regional Centre Mount Elizabert Hospital, Gleneagles Hospital Crowne Plaza Changi Airport, Mandarin Orchard Singapore
You could also see a lot of industrial building owned by Ascendas and Mapletree across Singapore, see whether do you recognize the following logo.
Now you should have a clearer picture, REITs properties are are all around...