After comparing two healthcare REITs last week, we now move back to looking at the industrial REIT space. This round, we look at two popular industrial REITs – Keppel DC REIT (SGX: AJBU) and Mapletree Industrial Trust (SGX: ME8U), or MINT. Keppel DC REIT is a pure data centre REIT with a portfolio of 23 data centres located across nine countries as of the first quarter of 2024 (1Q 2024). The REIT has a strong sponsor in blue-chip asset manager Keppel Ltd (SGX: BN4). MINT, on the other hand, is a diversified industrial REIT with 140 properties across three countries as of 31 March 2024. MINT also has a reputable sponsor in the form of real estate giant Mapletree Investments Pte Ltd. We decided to compare these two REITs to determine which is the most attractive one. Portfolio composition Looking at both REITs’ portfolio composition, MINT has significantly more properties compared with Keppel DC REIT, at 140 versus 23. MINT’s properties are varied and comprise data centres...