With Phase III in sight, REITs in Singapore are looking forward to better days after a tough year.
It’s no secret that REITs were among the hardest-hit industries during the circuit breaker period.
Despite the challenging conditions, there have been pockets of calmness if you care to look hard enough.
Some REITs own assets that are resilient against these headwinds, while others are lucky enough to remain unaffected as their tenants are standing strong despite the crisis.
Here are three REITs that are well-positioned to pay out higher distribution per unit (DPU) next year.Elite Commercial REIT (SGX: MXNU)
Elite Commercial REIT invests in commercial real estate assets located in the UK.
Its portfolio consists of 97 predominantly freehold commercial buildings with a total internal area of around 2.6 million square feet, valued at around GBP 319.1 million as ...