Overseas-centric Reits: bulk up to outmuscle home bias

LOCAL foodies have it good. While Singapore residents largely cannot travel abroad, foodies can savour many cuisines be it local, Chinese, Japanese, Korean, Indian, Thai, Malaysian, Indonesian, Italian, French, Spanish, German, American, Mexican and the list goes on.

Investors in real estate investment trusts (Reits) listed on the local bourse are also spoilt for choice. They can invest in Reits that own only local assets, a mix of Singapore and overseas assets, or only overseas assets. Reit investors can get exposure to properties in markets such as the United States (US), United Kingdom (UK), Europe, Australia, South- east Asia, China, Japan and India.

But investors may have a home market bias. Take a look at commercial Reits from the same sponsor group.