2021 was an interesting year for REITs.
For the first time since 2017, new REIT ETFs were listed on the Singapore Exchange (SGX: S68).
Speaking of new additions, two REITs also made their debuts on the local bourse, with the listing of Digital Core REIT (SGX: DCRU) leading the way as the largest IPO of this year.
Investors who were looking forward to better economic conditions were well-rewarded for their efforts.
Despite some hiccups, most REITs have managed to navigate the uncertain environment to deliver double-digit total returns to unitholders.
Here are the top five performers of the year.
Note: Share prices are compiled as of 30 November 2021, with gains inclusive of distributions.
Number One: ARA LOGOS Logistics Trust (SGX: K2LU)
ARA LOGOS Logistics Trust, or ARALT, is an industrial REIT that manages 29 properties across Singapore and Australia, valued at S$1.8 billion as of 30 September 2021....