The REIT sector has been a dependable source of dividends for income-seeking investors. REITs are mandated to pay out at least 90% of their earnings as distributions. These dividends act as a source of passive income that can boost your earned income. It is even better for income investors if a REIT can increase its distribution per unit (DPU) over time. This increase can allow them to beat inflation and ensure that their stream of passive income continues to rise. Here are four Singapore REITs that display a high probability of raising their DPUs.

Frasers Centrepoint Trust (SGX: J69U)

Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of 10 suburban retail malls and an office building. The REIT’s assets under management (AUM) stood at S$6.9 billion as of 25 October 2023. FCT reported a mixed set of earnings for its fiscal 2023 (FY2023) ending 30 September 2023. Gross revenue rose 3.6% year on year to S$369.7 million while net...