REITs have proven themselves to be a wonderful dividend-paying machine for nearly two decades.
Fortunately, Singapore is a veritable hub for REITs, offering investors choices aplenty.
It’s an opportune time to buy REITs now.
Firstly, with impending interest rate hikes in the US and the UK, jittery investors have been pushing down the unit prices of REITs.
As REITs are heavily reliant on debt financing, an increase in interest rates normally dampens demand for these property-laden securities.
Any sell-down will open up opportunities to scoop REITs up at attractive dividend yields.
Secondly, with many countries disseminating COVID-19 vaccines to their populations, the world should also be gearing up for a sustained recovery.
That said, it’s important to hunt for REITs with clear catalysts that can take the business to the next level.
Here are five promising REITs you can consider for your watchlist this month.
ESR-REIT (SGX: J91U)
ESR-REIT is an industrial REIT that owns a portfolio of 58 industrial properties in Singapore worth around S$3.2 million as of 30 June 2021....
