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3 Singapore REITs That Are Acquiring to Grow Their Assets and DPU
By The Smart Investor  •  June 30, 2022
REITs are a great vehicle for providing investors with a flow of passive income. They need to pay out at least 90% of their earnings as distributions to enjoy tax benefits, making them perfect for income-seeking investors. What’s more, REITs own a portfolio of physical properties that hold their value during recessions and are also professionally managed. Aside from doling out a stream of cash inflows, some REITs have also grown their asset base and distribution per unit (DPU) over time. Some methods used by the REIT manager include positive rental reversions, asset enhancement initiatives, and acquisitions. Here are three Singapore REITs that recently conducted acquisitions to grow their property portfolios and DPU. United Hampshire US REIT (SGX: ODBU) United Hampshire US REIT, or UHREIT, is a US grocery-anchored shopping centre and self-storage REIT. It owns a total of 24 properties across eight states in the US with property valued at US$688.5 million as of 31 December 2021....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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