Frasers Centrepoint Trust (SGX: J69U)
Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of 10 retail malls and an office building in Singapore with assets under management (AUM) of around S$6.9 billion....The REIT sector continues to be a bastion of strength despite the twin headwinds of high inflation and surging interest rates.
The requirement to pay out at least 90% of their earnings as distributions makes the asset class a suitable one for income-focused investors.
However, not all REITs are made equal.
Investors need to zoom in on REITs with robust characteristics that can help them weather tough times.
One crucial aspect is the presence of a strong sponsor that can support the REIT and grant it a healthy pipeline of potential acquisition opportunities.
The REIT should also be well-positioned to increase its distribution per unit (DPU) over time.
Here are four REITs with the above characteristics that you can consider for your buy watchlist.
