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3 REITs Poised to Pay Out Higher DPU in 2021
By The Smart Investor  •  November 24, 2020
With Phase III in sight, REITs in Singapore are looking forward to better days after a tough year. It’s no secret that REITs were among the hardest-hit industries during the circuit breaker period. Despite the challenging conditions, there have been pockets of calmness if you care to look hard enough. Some REITs own assets that are resilient against these headwinds, while others are lucky enough to remain unaffected as their tenants are standing strong despite the crisis. Here are three REITs that are well-positioned to pay out higher distribution per unit (DPU) next year. Elite Commercial REIT (SGX: MXNU) Elite Commercial REIT invests in commercial real estate assets located in the UK. Its portfolio consists of 97 predominantly freehold commercial buildings with a total internal area of around 2.6 million square feet, valued at around GBP 319.1 million as of 31 August 2019. The buildings have primarily the Department of Work and Pensions (“DWP”),...
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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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