The REIT sector is seeing improved sentiment as the US Federal Reserve initiates its first interest rate cut since 2020 of 0.5 percentage points. With interest rates poised to fall more in the coming months, REITs should enjoy more respite from the high interest costs that is crimping their distributable income. Despite the tough conditions, some REITs are still actively managing their portfolios through capital recycling and acquisitions. Over time, investors should hope for higher distributions as conditions ease into 2025. Here are three attractive Singapore REITs to keep your eye on in October.

Mapletree Logistics Trust (SGX: M44U)

Mapletree Logistics Trust, or MLT, is an industrial REIT with a portfolio of 188 properties spread across eight countries. MLT had assets under management (AUM) worth S$13,4 billion as of 30 June 2024. The REIT reported a weak set of earnings for the first quarter of fiscal 2025 (1Q FY2025) ending 30 June 2024. Revenue dipped 0.3% year on year to S$181.7 million while net property...