The final reporting season for this year has begun.
As usual, the REIT sector is the first in line to release its results and business updates.
Investors will be keenly observing the REITs’ key statistics and financial performance to determine if distributions can rise.
The good news is that the twin headwinds of high inflation and elevated interest rates may be abating soon.
The Federal Reserve just made its first interest rate cut back in September while core inflation in Singapore has eased from the highs of between 4% to 5%.
Here are three Singapore REITs that recently announced their final results and also provide distribution yields of 5.3% or higher.
Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, or MLT, is an industrial REIT with a portfolio of 186 properties spread across eight countries.
The REIT has assets under management (AUM) of S$13.4 billion as of 30 September 2024.
MLT announced a downbeat set of results for its second quarter and first half of...