Singapore real estate investment trusts (S-REITs) have made a remarkable recovery, rebounding almost 45% to date from its record low on March 23, 2020. And despite a more challenging operating environment this year, the long-term outlook for S-REITs remains positive. The new government measures announced will give them greater flexibility to manage their cash flows and raise funds to weather the economic fall-out from COVID-19.

A resilient asset class 

S-REITs are generally defensive, income-generating investments that offer relatively high yields and consistent dividends. This makes them a welcome addition to any portfolio, regardless of economic conditions. Syfe’s REIT+ portfolio, which invests your funds in the top 20 S-REITs, has an average annual return of 8.4% over the past 5 years. In 2019 the portfolio returned 27.1% on the back of stellar real estate performance. Firstly, the value of REITs is well-anchored by physical real estate, which in land-scarce Singapore, trends upwards over the long term....