REIT investors should be breathing a sigh of relief when the US Federal Reserve slashed the Federal Funds rate by half a percentage point earlier this month. With lower interest rates, REITs should see some respite from persistently-high finance costs. During uncertain times, investors tend to stick with blue-chip REITs that can offer stability and assurance. At the same time, these REITs should also provide a decent yield with their consistent distributions. Here are three solid Singapore blue-chip REITs with dividend yields of 5.2% and above that may go higher as interest rates continue to ease.

Mapletree Industrial Trust (SGX: ME8U)

Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 56 properties in the US, 83 in Singapore, and one in Japan. The REIT’s total assets under management (AUM) stood at S$9 billion as of 30 June 2024. MIT reported an encouraging set of earnings for its first quarter of fiscal 2025 (1Q FY2025) ending 30 June 2024....