There are 34 REITs, seven stapled trusts and three property trusts with a combined market capitalisation of over S$100 billion listed on the Singapore stock exchange. As a group, real estate investment trusts (REITs) are a popular investment vehicle among Singapore investors, especially for those who seek regular dividends. But did you know that out of the 34 REITs, 10 of them have revenues originating from China and together possesses a total market cap of S$20 billion? In this article, we will look at four of the most interesting things about these REITs (from an SGX report) that investors might have missed. Market-beating returns These 10 China-related REITs averaged a total positive return of +15.7% year-to-date in 2019, bringing their one-year and three-year total returns to +10.9% a

Real Estate Investment Trusts (REITs) are a favourite investment for Singapore investors. This is primarily due to its property-heavy investments and relatively high distribution yields. REITs Share Price Performance In 1st Half 2019 The first aspect of figuring out how REITs have done in the first half of 2019 is to look at how its share price has moved in the year-to-date (ytd) 2019. The chart below shows the price movements of the SGX S-REIT 20 Index, comprising the top 20 REITs listed in Singapore. As we can see, its share price has increased 10.3% since the start of the year, to 1337.3. However, looking at the past quarter, prices does look like it has taken a slight dip. Source: ShareInvestor In general, REITs have had a strong performance, in terms of just price appreciation, in th

Dasin Retail Trust (SGX: CEDU) is a China-focused REIT which owns four malls. Investors should be keenly aware of three risks associated with this REIT.

Current Price on 7th Apr 2019 = $0.865Yield = 8.46%  Price-to-book Ratio = 0.554Assets per unit = $3.005Debt per unit = $1.443 (including current liabilities)Gearing = 48.0%Three months have passed since I look at Dasin Retail Trust and here we see it again.The price has not changed much but I have collected a dividend of $4,600 which is very good for me. With the current yield of 8.46%, I am expecting to collect another $4,200 in August/September period which is fantastic for me. It's price-to-book ratio also suggest that we are buying at a big discount. Gearing is at a high of 48% so need to watch out.With the current Hyflux problems, I have come to realize that the valuation can be misleading and unreal since Hyflux gives such a big writedown in their assets. I am wondering ho

The US Federal Reserve has indicated that 2019 will likely see slower interest rate hikes. This comes on the back of mounting macroeconomic uncertainties, that has seen investors turn to less risky investments. This may benefit REITs in three ways: # 1 Traditionally, REITs take on a lot of debt to fund its capital-intensive property investments. Slower interest rate hikes in 2019 will ease the growing pressure on REITs, in terms of debt repayment. # 2 Markets are efficient – which means that prices of REITs would have taken into consideration that rate hikes would continue as normal. This stance of slowing down the interest rate hikes in 2019 is new information for the market, and may give REITs a boost. (Do note that most of this new information should already be priced into the markets

Attention, Dasin Retail Trust (SGX: CEDU) investors: Get our take on the company's full-year results presentation.