“Can it survive a pandemic?”
…is probably a question investors would add to their investing checklist now that they know how a pandemic can disrupt lives and businesses.
With the benefit of hindsight, there are clearly companies that have not only survived a global health scare but have thrived through it. Companies that come to mind include Zoom, Netflix and Amazon.
There are certain listed companies in Singapore that have done well despite the global pandemic as well.
Here, let’s take a look at three real estate investment trusts (REITs) that have proven to be resilient business-wise amid COVID-19 and could go on doing well for many years to come.
REIT #1: Elite Commercial REIT
Elite Commercial REIT (SGX: MXNU) was listed in February 2020 when the pandemic was just taking hold of certain parts of Asia.
The REIT’s portfolio now consists of 155 largely freehold commercial properties located across the UK after 58 assets were acquired in March this year....