Income-seeking investors love receiving a stream of steady, dependable dividends.
In this vein, REITs are one of the most effective vehicles for dividend investors as they are mandated by law to payout 90% of their earnings.
Not only are REITs suitable as income instruments, but by choosing the right REITs, investors can enjoy some measure of growth as well.
There are several effective ways for REITs to grow their distribution per unit (DPU) over time.
Other than organic methods such as rent reversion and asset enhancements, a third popular method involves acquisitions.
Acquisitions not only help to grow a REIT’s asset base but usually also boost its DPU.
Here are three REITs that recently announced yield-accretive acquisitions.
Keppel Pacific Oak REIT (SGX: CMOU)
Keppel Pacific Oak REIT, or KORE, invests in a diversified portfolio of commercial properties in key growth markets in the US.
The REIT owns a portfolio of 13 office properties spread out across eight key cities in the US....
