REITs continue to be a preferred source for dividends that are favoured by income-seeking investors.
Despite the headwinds of high inflation and surging interest rates, well-managed REITs with strong sponsors should continue to do well.
One such sponsor is CapitaLand Investment Limited (SGX: 9CI), which has a portfolio of five Singapore-listed REITs.
Of these five REITs, we thought it will be interesting to compare CapitaLand China Trust (SGX: AU8U), or CLCT, and CapitaLand India Trust (SGX: CY6U), or CLINT.
Both REITs are invested in two of the largest countries in the world: CLCT in China, and CLINT in India.
We review each REIT to determine which makes a better investment idea for your buy watchlist.
Portfolio composition
First, we looked at each REIT’s portfolio composition.
CLCT has a total of 20 properties spread out across 12 cities in China.
These properties include a mix of retail and industrial assets such as shopping malls (11), business parks (5) and logistics parks (4)....