Interest rates have eased from their peak.
The cost of capital still shapes how REITs grow.
Buying the right assets remains one of the surest routes to a higher distribution per unit (DPU).
Three STI-component REITs have moved on this front.
Each has announced acquisitions aimed at lifting what unitholders eventually collect.
For REITs, the test is whether an acquisition adds more to distributable income than it costs to fund.
Here is how three of Singapore’s largest REITs are approaching that test.
