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3 REITs Trading Near their All-Time Highs
By The Smart Investor  •  October 21, 2020
Real estate investment trusts (REITs) have suffered a beating in March when the market suffered a massive meltdown. As cuts in distribution per unit (DPU) started to happen, some investors started to doubt the viability of investing in REITs long-term. But as the COVID-19 outbreak is now largely under control in Singapore, the government is starting to work on a road map to ease the economy into Phase III, which is the final phase of the reopening of our economy. Along with it, confidence in REITs has also gradually recovered, especially for those who are poised to enjoy the benefits from the much talked-about ‘new normal’. Below are three REITs who have recovered from the March lows and are currently trading near their all-time highs. Mapletree Industrial Trust (SGX: ME8U) Mapletree Industrial Trust, or MIT, is an industrial REIT that manages 114 properties in Singapore and North America, with total assets under management of S$5.9 billion....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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