The pandemic has upended lots of businesses and REITs were not spared. Many REITs had to cut dividends to hold cash and tide through the lockdown periods. Here are some REITs which have cut their dividends. I was wondering if there were REITs that have bucked the trend and have increased their dividends during the pandemic. This could mean that these REITs were resilient and passed the stress test. I was surprised I could find 6 of them! The most obvious similarity was that a handful of REITs were into office properties in the US. I’m guessing it’s because their lockdowns were not as long nor as restrictive as what we have experienced in Singapore. KORE REIT (SGX:CMOU) Keppel Pacific Oak US REIT has a portfolio of office properties that are located near tech hubs. This makes sense as the economic growth is mainly driven by tech companies today. Any expansion in their operations would increase demand for office space.