News just came out regarding another REIT IPO in SGX, this time its UK-based Elite Commercial REIT (let’s call it ECR). Read about it here.
We’ve had Lendlease Global Commercial REIT IPO in Singapore last year, check out my layman analysis.
I guess its not secret that Singaporeans love property, and within SGX, the REIT market has been very robust. People pour their savings into REITs as their investment vehicle, paying them dividends over time. Plus, Singaporeans have a LOVE for IPOs (maybe because its new like our Build-to-Order houses?) I definitely agree with the REITs in wanting list on SGX – the environment is attractive!
But to the consumer, not all REITs are created equally, and the key is to select good REITs to give you healthy, sustainable dividends. So before you jump in to the next big ‘REIT’ or ‘IPO’ craze, take some time to think...