It’s earnings season again! REITs have always been one of the favourite investment choices for risk-averse investors due to its stable earnings qualities.
In this article, I will look at two REITs that have lived up to their investors’ expectation by delivering positive performance in their latest earnings updates.
Disclaimer: This is not a sponsored post. Opinions expressed in the article by the author should not be taken as investment advice. Please do your own research and due diligence.
1. Frasers Centrepoint TrustThe first REIT on the list is Frasers Centrepoint Trust (SGX: J69U) or FCT. As a quick introduction, FCT is a REIT with property portfolio comprising of suburban retail malls such as Causeway Point, Northpoint City North Wing (including Yishun 10 Retail Podium), and Changi City Point.
For the quarter ended 31 March 2019, FCT reported that gross revenue for the reporting quarter grew 2.3% to
...