What happened?
The Real Estate Investment Trust (REIT) sector has navigated a challenging period over the past couple of years. Recently, we’ve noted that REITs in Singapore haven’t quite kept pace with the country’s benchmark index in 2024. The main culprit? Rising interest rates, which have squeezed dividends for these investment vehicles. It’s an issue that has sparked quite the conversation within the Beansprout community, with investors pondering whether this dip has opened up opportunities for those eyeing dividend income from Singapore REITs. For many who’s considering this sector, the big players—blue chip REITs with reliable sponsors—are often the first point of call. In this article, I’m going to explore three standout REITs that are promising dividend yields north of 6%.
Three Blue-Chip REITs with Promising Dividend Yields Over 6%
#1 – Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, commonly referred to as MLT, boasts a diverse portfolio comprising 183 properties spread throughout eight countries, including major markets like Singapore, India, Japan, and China. The REIT’s assets under management are strategically positioned…
