Dear readers, I read in the news today that a Centurion, listed on the Singapore Stocks Exchange is considering a Reit next to consolidate some of its assets.
I think one more Reit into our local bourse will give investors looking for dividend yields another option.
However, do note that not all Singapore Reits perform well. Non-performing Reits give at most the same dividend yields and capital-wise, their prices may have gone south.
I also understand that Singapore stocks markets is known for its Reits. Good Reits together with the banking stocks make the Singapore stock markets known more for its defensive dividends. Already, the STI has quite a number of Reits and Trusts too.
There are always two sides to each coin. When Singapore stocks markets are known to some as unattractive, others call it defensive markets with good yieds.