In 2002, the first real estate investment trust (REIT), CapitaMall Trust, was listed on the Singapore Exchange (SGX: S68) to much fanfare.
REITs were originally created to provide individual investors with a way to own a slice of high quality and income-generating properties with a relatively small capital requirement.
Today, the 42 REITs and property trusts listed on the SGX remain as popular as ever.
About 12% of Singapore’s total stock market capitalization is made up of REITs, much higher than other markets such as Japan (2%) and Hong Kong (0.4%).
For new investors who want to get in on the action, here are four established REITs to kickstart your investment journey.
Ascendas REIT (SG: A17U)
Ascendas REIT, or A-REIT, is Singapore’s largest industrial REIT and the seventh-largest component of the Straits Times Index (SGX: ^STI).
A-REIT’s property portfolio is worth S$16.0 billion as of 30 September 2021, comprising 207...