REITs offer investors a regular income stream and is a mainstay in income investors' portfolio.
Singapore is home to one of the largest cluster of REITs worldwide and hence it is no surprise among them, there are Singapore REITs with overseas properties. Surprisingly, due to tighter regulations in valuation approaches at overseas countries, the result is these Singapore REITs with overseas properties generate sustainable dividend in excess of 8%.
Here are a few Singapore REITs which gives 8% dividend or more for Singapore income investors:
Elite UK REIT
Elite UK is in the office space of the United Kingdom (UK). Most of its properties is leased to the UK government for office use, majority in the welfare segment. Its leverage ratio is at 40.7%, lower than the average S Office REITs which are at 41% and has above average occupancy rate of 97%.
Due to cap rates and valuation, it is paying 100%
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