Once, a friend of mine told me: "It is not worth investing in REIT because the dividend you get will only be used to cover your loss of share price, end up you wouldn't earn much in long run." His belief is in Malaysia's residential properties where his property doubles in value within 5 years, during the property boom time. Well, in today's post, let's look at whether the above statement of my friend is true. Let's go through a the first REIT listed is CapitaMall Trust was listed 19 years ago in July 2002 on Singapore Exchange. Subsequently, Ascendas REIT was listed in November 2002, followed by Fortune REIT listed in August 2003. Throughout these years, there are 5 mergers between REITs and 6 REITs/BizTrusts delisted or suspended. Fast forwarded to today, there are 38 REITs and 2 BizTrusts which operate similar to REITs.  ...