Singaporean retail investors have always liked investing in REITs, especially how it allows us to achieve a passive income from it. However, in the recent Novel-Global Recession, REITs have not been spared as well and for good reasons as we would discuss later in the article.
Looking at the table below, we can see how the share price of various REITs listed in Singapore has fared YTD. This is by no means the full list of REITs listed on SGX but just a snapshot to give you an idea of how returns on REITs have fared this year. Additionally, one would realise that the hospitality / commercial / retail REITs have fared the worst given how these sectors have been worst hit by the COVID-19 virus.
What has happened?
The COVID-19 virus has been especially disruptive to retail and hospitality operations, given how people are not only