Ascendas REIT — a good REIT

As one of the earliest and definitely the largest REIT listed on the Singapore Exchange, Ascendas REIT is probably a trailblazer in the REITs space. Based on current performance and underlying trends, this is certainly a REIT to add to my portfolio.

  1. Strong Business Performance

Over the past 5 years, Ascendas REIT has demonstrated strong business performance with steady increase in key metrics of profitability and returns. The table below summarised the percentage change in these metrics from 5 years ago.