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THE LEVEL GROUND

Are Reits friends or foes of space users?

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Leslie Yee

Leslie Yee

Published Mon, Oct 9, 2023 · 04:01 PM
    • Typically, Reits are hard-nosed landlords who provide high-quality spaces to users.
    • Typically, Reits are hard-nosed landlords who provide high-quality spaces to users. PHOTO: BT FILE

    SINGAPORE’S real estate investment trust (Reit) sector turned 21 in July. With the sector now “coming of age”, it’s clear how capital markets and property groups have benefited from the growth of Reits. 

    A property group can inject assets that it owns into a Reit, which is managed by an entity belonging to the group. By setting up a Reit, a property group can create a more capital-efficient business, improve return on equity and build a fund management platform.

    Through owning units in Reits, investors can get recurrent income and capital gains from property portfolios in different segments, as well as geographies.

    S-ReitsReitsCommercial & IndustrialCommercial propertyInflationThe Level Ground

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