REITs went through tough times last year when the pandemic first broke out. Many had to dole out tenant relief measures to support their tenants. As a result, these REITs announced lower distributable income as some had to be retained to help their tenants tide over the troubles. With most of the downturn behind us, REITs are now slowly releasing the amounts held back last year, thereby bumping up their distributable income and distribution per unit (DPU). As earnings season rolls around again, here are four REITs that have reported an increase in their year on year DPU. ESR-REIT (SGX: J91U) ESR-REIT owns a diversified portfolio of 58 industrial properties in Singapore with a total property value of S$3.2 billion as of 30 June 2021. For its fiscal 2021 half-year (1H2021), the REIT’s gross revenue increased by 5.4% year on year to S$119.8 million. Net property income (NPI) rose 8.4% year on year to S$87 million, while distributable income jumped 18.7% year on year to S$56.8 million....