Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, or MLT, is an industrial REIT with a portfolio of 187 properties across eight countries with assets under management (AUM) of S$13.3 billion as of 31 December 2023. The REIT is managed by a wholly-owned subsidiary of Mapletree Investments Pte Ltd (MIPL), which also acts as a strong sponsor that can introduce a pipeline of assets for MLT to acquire....Singapore’s Central Provident Fund (CPF) system helps you to save up for your retirement.
The Ordinary Account (OA) carries an interest rate of 3.5% on the first S$20,000 with a 2.5% interest rate on the remaining amount.
While this interest is almost risk-free, investors may be looking at a better return on their CPF savings.
REITs are a great asset class for obtaining a better yield and you can use your CPF Investment Account (IA) to invest your OA balance.
We profile four Singapore REITs that will be great for growing your CPF OA account.
