Singapore has established itself as a major Asian hub for real estate investment trusts (Reits) in slightly over a decade, but it now faces both external challenges and domestic constraints.

WITH a total market capitalisation of almost $61 billion as at November, Singapore’s Reit and business trust (BT) market has come a long way.

It trades like a real estate investment trust (Reit), and often emulates its characteristics, but business trusts (BTs) ..

REAL estate investment trusts (Reits) may be a hit with investors, but are often painted less positively by their critics.