OUE Commercial REIT‘s (SGX: TS0U) share price (technically known as unit price for
REITs) has taken a hit due to the Covid-19 pandemic.
Its unit price has plummeted around 30% since the beginning of 2020 to trade at S$0.38 at the time of writing.
At one point in March, OUE Commercial REIT’s unit price was down almost 50% to a low of S$0.29.
With the steep decline in the REIT’s units, is there an opportunity for long-term investors to invest in it?
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
...
