REITs are an effective vehicle to not just grow your wealth but also generate a stream of passive income that you can tap on for your retirement. With a wide range of REITs to choose from, it can be tough to decide on which to own. Some attributes to watch for include having a strong sponsor, adequate diversification across regions, a track record of increasing distribution per unit (DPU), and great growth prospects. Another aspect to watch for is the REIT’s distribution yield, as a healthy yield can ensure you beat inflation and allows you to reinvest the dividends to compound your wealth. Here are four REITs that sport dividend yields above 5%. Mapletree Industrial Trust (SGX: ME8U) Mapletree Industrial Trust, or MIT, owns a total of 86 properties in Singapore and 57 in the US, with assets under management (AUM) of S$8.8 billion as of 31 March 2022.