4 S-REITs can't miss in November

Over time, the REIT industry has shown to be a source of strength.

Over the past two decades, they have maintained a consistent stream of dividends for earnings investors despite a series of unfavorable economic circumstances.

Here are four REITs that we can pay attention to in November:
1. CapitaLand Integrated Commercial Turst

For its business update for the third quarter (3Q2022) of fiscal 2022, CICT announced a good set of figures.

While net property income (NPI) climbed by 12.7% year over year to S$273.3 million, gross revenue increased by 13.7% to S$374.1 million.

The logistics REIT reported outstanding financial results for the second quarter of fiscal 2023 (2Q2023) that ended on September 30, 2022.

While NPI jumped 10.8% year over year to S$160 million, gross revenue increased 11.4% to S$183.9 million. DPU inched up 3.5% year on year to S$0.02248.

The REIT announced strong financial results in its third quarter 2022 business update.

Gross revenue fell marginally by 1.3% year over year to S$89 million for 9M2022. NPI increased by 0.1% annually to S$82.8 million.

AUM for the REIT was S$3.6 billion as of September 30, 2022.

For the third quarter of 2022, Keppel DC REIT was able to keep increasing its distributable income and DPU. Gross revenue up 1.4% year on year to S$70.3 million.