Real estate investment trusts, or REITs, are popular investment choices in the Singapore stock market. That’s because REITs tend to have high distribution yields due to their need to distribute at least 90% of their taxable income to unitholders in order to enjoy tax transparency. In this article, we will like to share with you two REITs that are trading at high yield of more than 8%. Source: SGX StockFacts We will start with Dasin Retail Trust (SGX: CEDU) or DRT. As a quick introduction, DRT is the only China retail property trust providing direct exposure to the Pearl River Delta region. Listed in January 2017, DRT’s property portfolio comprises of four retail malls located in Zhongshan City, Guangdong, China. For the quarter ended 30 September 2018, DRT reported that gross revenue

Against the backdrop of a rising interest rate environment, REITs seem to be one of the obvious losers. This is because REITs are asset-heavy investments that require high levels of leverage, borrowing substantial amounts of money to purchase properties that they subsequently rent out. Read Also: Increasing Interest Rates In 2018: Here Are 4 Ways Singaporeans Will Be Affected In Singapore, there are currently 39 listed REITs and a further nine business trusts (of which six are property related). On average, they have a debt to asset ratio of just under 35%. With rising interest rates, REITs will have to fork out more in interest payment, potentially reducing the distributions they can pay to investors. How REITs Have Performed In YTD 2018 To gauge the performance of REITs in 2018, we can l

Dasin Retail Trust‘s (SGX: CEDU) distribution yield is 9.1% right now, which makes it one of the highest yielding real estate investment trusts (REITs) in Singapore’s stock market. However, the distribution yield is just one aspect of a REIT. It is equally important to find REITs that have the capacity to sustain or even grow their distributions in the future. With that said, on top of its high yield, there are three reasons why I think Dasin Retail Trust, a REIT that owns four shopping malls in China’s Zhongshan City, has the potential to continue to grow its distributable income. Healthy balance sheet REITs typically use debt to finance their acquisitions. As of 30 September 2018, Dasin Retail Trust had a debt-to-asset ratio of 32.5%. In Singapore, REITs are not allowed

Listed in 2017, Dasin Retail Trust (SGX: CEDU) owns a portfolio of four shopping malls in China. Last week, the REIT reported its earnings results for the third quarter of 2018. Here are the key takeaways. The numbers 1. Gross revenue for the nine-month period was up 37% year-on-year to S$55.1 million. 2. Net property income rose 38% to S$45.7 million 3. Distributable income increased 21% to S$15.8 million, while distribution per unit (DPU) was at 5.38 Singapore cents. 4. For the quarter, revenue was 2.2% higher than forecast on its initial public offering (IPO) prospectus but DPU was 1.1% below the forecast. 5. The REIT’s gearing stood at 32.5%, below the 45% regulatory limit. 6. Its net asset value was S$1.40. What’s behind the numbers? The higher gross revenue and net property

Real estate investment trusts (REITs) are a great way for investors to diversify their portfolio. In Singapore, there are more than 40 REITs and stapled trusts, providing investors with a vast array of options. Some REITs also have a portfolio of properties that are not located in Singapore, offering local investors the chance to diversify overseas. However, as with any investment, REITs with overseas portfolios do come with their own set of risks. In this article, I will share some things that investors should consider when investing in REITs with overseas portfolios. The pros Investing in REITs with overseas portfolios offer investors many potential benefits. Besides providing investors with the ability to diversify their portfolio to include exposure to overseas real estate, these REITs

If you like having a regular dividend in your pocket, consider real estate investment trusts (REITs). Thankfully, Singapore is home to some of the region’s largest and most established REITs. Each REIT has a specific investment mandate, and specialises in investing in certain classes of real estate. One of the largest REIT categories is retail, which boasts 11 retail REITs worth a total market capitalisation of about S$25 billion listed in Singapore. Here are three key things investors should know about retail REITs in Singapore. Singapore-focused retail REITs have outperformed the broader market so far this year According to an article by Singapore Exchange Limited (SGX: S68), four SGX-listed retail S-REITs – namely CapitaLand Mall Trust (SGX: C38U), Mapletree Commercial Trust

Missed out on some of the most popular articles that have appeared on the Motley Fool Singapore’s website for the month? Don’t worry; we have compiled them for you here. 1. Your Ultimate Guide to Investing in Dividend Stocks In this essential guide, we have gathered the best articles on dividend shares that have appeared on our flagship website, Fool.sg. The articles touch on a wide range of topics, from income stock ideas to analysing the sustainability of a firm’s dividend. Do jump into the guide to know all about dividend stocks (link here again). 2. Is Oversea-Chinese Banking Corp Limited A Value Buy At S$11.10? Earlier this month, Oversea-Chinese Banking Corp Limited (SGX: O39) shares were trading at S$11.10 apiece. By looking at its net asset value growth, dividend growth and v

With over 40 REITs and stapled trusts listed in Singapore, income-hungry investors have a plethora of options to choose from. Besides consistent distributions, REITs and stapled trusts also offer investors liquidity, exposure to the real estate market, and the ability to appreciate in value. With that, here are the four highest yielding REITs in Singapore at the moment (data as of 4 September 2018). 1. The highest yielding REIT is Lippo Malls Indonesia Retail Trust (SGX: D5IU), with a trailing distribution yield of 10.58%. Despite its attractive trailing yield, it is worth noting that Lippo Malls Indonesia Retail Trust has not fared so well in recent times as distribution per unit slumped 29.6% in the first half of 2018. A new property tax regulation, and a weakened rupiah have impacted th

Real estate investment trusts (REIT) are often prized for its predictable earnings power. In this article, we will look at one REIT, and one property trust that have lived up to their investors’ expectation by delivering positive performance in their latest earnings updates. 1. EC World Real Estate Investment Trust (SGX: BWCU) or EC World REIT reported growth in its 2018 second-quarter earnings report. As a quick introduction, EC World REIT the only Singapore-listed REIT that owns e-commerce logistics and specialised logistics real estate in China. The REIT that was listed in Singapore on July 2016. For the quarter ended 30 June 2018, gross revenue came in 7.6% higher year-on-year to S$24.9 million while net property income (NPI) grew by 8.2% year-on-year to S$ 22.8 million. Similarly,

Recently, Dasin Retail Trust (SGX: CEDU) released its 2018 second-quarter earnings update. As a quick introduction, Dasin Retail Trust, which was listed in January 2017, is the only property trust listed here that has a direct exposure and focus on retail malls in China’s Pearl River Delta region. The trust’s portfolio currently comprises four malls in Zhongshan City of China’s Guangdong province. Here are nine things investors should know about Dasin Retail Trust’s latest results: 1. The REIT’s gross revenue for the quarter came in at S$18.6 million, 65% higher than that of last year. Net property income of S$16.3 million was also 84% stronger than a year ago. 2. The REIT’s distribution per unit (DPU) of 1.76 cents was 16% higher year-on-year. 3. Based on Dasin Retail Trust’