What happened?
Singapore REITs have come back into focus with the Fed’s recent rate cuts. We recently shared that while the sector has been under pressure from elevated financing costs in the past two years, the lower interest rate environment could ease some of these headwinds. What I noticed for Singapore REITs is that some of them continue to offer dividend yields of above 5%. Just like the Singapore blue-chip stocks that offer dividend yields of above 5%, this makes them potential options for investors seeking passive income in Singapore from regular distributions. Let’s take a closer look at three Singapore REITs that have dividend yields above 5% that may be worth adding to your watchlist.
Three Singapore REITs with dividend yields above 5%
#1 – CapitaLand Ascendas REIT (SGX: A17U)
CapitaLand Ascendas REIT (CLAR) is Singapore’s largest industrial REIT with a portfolio spanning business parks, life sciences, logistics and…
