The year's most resilient REITs

The Edge Singapore
The Edge Singapore 5/22/2020 06:30 AM GMT+08  • 1 min read
The year's most resilient REITs
The best performer is Keppel DC REIT, up 16% year-to-date, followed by Mapletree Logistics Trust (MLT) and Ascendas REIT. While Keppel DC REIT is resilient because of its long weighted average lease expiries, and its double and triple net leases to data
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 22):The best performer is Keppel DC REIT, up 16% year-to-date, followed by Mapletree Logistics Trust (MLT) and Ascendas REIT. While Keppel DC REIT is resilient because of its long weighted average lease expiries, and its double and triple net leases to data centre operators, MLT and Ascendas REIT are diversified geographically, and they have a diversified tenant base. Ecommerce has been viewed as a beneficiary of the global lock downs. But, as economies gradually open up, there could be a rebound and retail REITs such as CapitaLand Mall Trust and Frasers Centrepoint Trust could turn out to be this year’s dark horses. Generally though, REITs with the highest price/NAV ratios (see chart 2) may continue to outperform as their distributions have been the least impacted by circuit breakers and lockdowns.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.