It can be tough to choose a suitable REIT for your portfolio when there are so many to select from.
A useful exercise will be to compare two similar REITs to determine which qualifies as a better buy.
Last month, we compared two REITs under the Mapletree umbrella – Mapletree Logistics Trust (SGX: M44U) and Mapletree Pan Asia Commercial Trust (SGX: N2IU).
This time, we decided to dig deeper into CapitaLand Integrated Commercial Trust (SGX: C38U), or CICT, and CapitaLand Ascendas REIT (SGX: A17U), or CLAR.
Both REITs have property giant CapitaLand Investment Limited (SGX: 9CI) as a sponsor.
There is a major difference, though.
CICT is a retail cum commercial REIT while CLAR is Singapore’s largest industrial REIT.
Let’s take a look at a variety of attributes to decide which REIT is the better buy.
Portfolio composition
First, we look at each REIT’s portfolio composition.
CLAR is the winner here with a total of 226 properties spread out...