If you’re looking for stability and dividend income, blue chip REITs might just be what you’re looking for.
Blue chip REITs are REITs that form part of the Straits Times Index (STI). The STI is widely seen as the stock market barometer for Singapore and holds the top 30 companies listed on the SGX.
Such companies are often reputable and well-run businesses that have built up solid track records. As such, you can count on blue chip REITs to have the backing of strong sponsors, quality assets, and robust balance sheets that should see them through most headwinds.
Ultimately, blue chip REITs can offer stability and peace of mind for long-term income investors. Here are three reliable options that let you rest easy at night.
Frasers Logistics & Commercial Trust (FLCT)
Frasers Logistics and Commercial Trust, or FLCT, is one of the top 10 largest REITs in Singapore following the merger of Frasers Logistics & Industrial Trust and Frasers Commercial Trust (FCT).