REITs
The Edge Billion Dollar Club 2017
(Oct 23): The three real estate investment trusts that ranked highest on the Billion Dollar Club metrics over the last three years had one thing in common: They all own primarily industrial properties. The REIT with the highest overall score this year was Ascendas India Trust, which is technically a business trust. It had the strongest growth in net profit, including revaluations, by a long way over the last three years, and the highest weighted return on equity (ROE). It also had the second-highest annualised return, just a few basis points behind Fortune REIT.
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