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REIT Reporting Season: 3 Singapore REITs Sporting Distribution Yields of 5.3% and Above
By The Smart Investor  •  October 28, 2024
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...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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