REITs had a tough time in the last three years as interest rates soared and inflation reared its ugly head.
The result was lower distributions as REITs had to grapple with overall higher costs.
However, there is a select group of Singapore REITs that we believe can buck the trend.
Here are four that look well-positioned to continue raising their distributions.
Parkway Life REIT (SGX: C2PU)
Parkway Life REIT, or PLife REIT, is a healthcare REIT with a portfolio of 75 properties located in Singapore (3), Japan (60), France (11), and Malaysia (1).
The portfolio’s value stood at S$2.46 billion as of 31 December 2024.
The REIT has a stellar track record of uninterrupted increases in core distribution per unit (DPU) since its IPO in 2007.
PLife REIT reported a commendable set of earnings for the first quarter of 2025 (1Q 2025)….