An important trait that investors look for is consistency.
In a turbulent world where banks have collapsed and businesses are faced with higher costs due to inflation, stability is a much sought-after attribute.
REITs can provide this stability as they are mandated to pay out 90% of their earnings as distributions.
That said, it is not enough to just select any REIT out of the myriad of choices on the Singapore stock market.
What you need to look for are REITs with a track record of consistent increases in their distribution per unit (DPU).
It also helps if they possess favourable characteristics that can enable them to continue to hold steady amid the challenging environment.
Here are four REITs that have displayed consistent increases in their DPUs in recent years.
Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, or MLT, is a logistics REIT that owns a portfolio of 186 properties in eight countries worth S$12.6 billion as of 31 December 2022....