Here are four highly attractive Singapore REITs with sponsors that can inject a ready pipeline of assets into them.
CapLand IntCom T
CapitaLand Integrated Commercial Trust (CICT) is a retail and commercial REIT. Its investment portfolio consists of 26 properties, distributed across Singapore (21), Germany (2), and Australia (3).
As of December 31, 2024, the total assets managed by this investment portfolio amounted to S$25.9 billion.
CICT has a strong sponsor in blue-chip real estate investment manager CapitaLand Investment Limited (SGX: 9CI), or CLI.
As of March 31, 2025, CLI managed a total of S$117 billion in assets, covering various types of real estate projects such as retail, office, accommodation, logistics, and industry.
As the investment arm of the CapitaLand Group, CLI has access to a pipeline of development properties parked under CapitaLand Development.
In turn, CICT also has a reserve of available properties that may be included in the real estate investment trust fund.
For the first half of 2025 (1H 2025), CICT reported gross revenue of S$787.6 million, down 0.5% year on year.
Net property income (NPI) dipped by 0.4% year on year to S$579.9 million.
Distribution per unit (DPU) inched up 3.5% year on year to S$0.0562.
In early August, the REIT acquired the remaining 55% interest in CapitaSpring’s premium Grade A office tower for S$1.05 billion.
The purchase agreement was signed with CapitaLand Development, a unit of the CapitaLand group.
This acquisition is projected to deliver a DPU accretion of 1.1%, in which CICT’s pro-forma 1H 2025 DPU will rise to S$0.0568.
Frasers Cpt Tr
Frasers Centrepoint Trust, or FCT, is a Singaporean retail REIT with a portfolio of nine suburban malls and an office building.
The total AUM of FCT was around S$7.1 billion as of 30 June 2025.
FCT has a strong sponsor in real estate development and investment group Frasers Property Limited (SGX: TQ5), or FPL.
FPL has a diversified property portfolio comprising retail, commercial and business parks, hospitality, and residential, with a total AUM of approximately S$39.6 billion as of 30 September 2024.
Therefore, FPL will have sufficient assets available for sale to retail real estate investment trust companies. This was recently demonstrated by the S$1.17 billion spent by FCT in the acquisition of the North Point South Wing project.
This acquisition was completed through private placement and priority subscription units and is expected to increase the basic earnings per share for the fiscal year 2024 (FY2024) by 2% to S$0.1228, compared to the previous figure of S$0.12042.
For the first half of the fiscal year 2025 (ending March 31, 2025), FCT's basic earnings per share increased by 0.5% to S$0.06054, thanks to a 7.1% increase in total revenue to S$184.4 million.
Mapletree Log Tr
Mapletree Logistics Trust, or MLT, is an industrial REIT with a portfolio of 178 properties across eight countries.
The REIT’s total AUM stood at S$13 billion as of 30 June 2025.
MLT’s sponsor is Mapletree Investments Pte Ltd or MIPL, an investment firm with S$80.3 billion of AUM as of 31 March 2025.
This AUM comprises logistics, office, data centre, student accommodation, and other properties.
The logistics REIT reported a downbeat set of earnings for the first quarter of fiscal 2026 (1Q FY2026) ending 30 June 2025.
Gross revenue dipped by 2.4% year on year to S$177.4 million, while NPI fell 2.1% year on year to S$153.4 million.
DPU declined 12.4% year on year to S$0.01812.
MLT is involved in active capital recycling to rid its portfolio of assets with older specifications and limited redevelopment potential.
During 1Q FY2026, a total of two properties were sold, with another two divested after the quarter’s end.
The REIT also redeveloped 5A Joo Koon Circle into a six-storey modern Grade A ramp-up logistics facility, increasing its gross floor area from 391,000 square feet to 887,000 square feet.
DigiCore Reit USD
Digital Core REIT, or DCR, is a data centre REIT with a portfolio of 11 data centres across the US, Canada, Japan, and Germany.
As of June 30, 2025, the asset management scale of this real estate investment trust reached US$1.7 billion, and the occupancy rate of its investment portfolio was as high as 98%.
DCR has a well-known sponsor - Digital Realty Company (NYSE: DLR), which has a reserve of data center construction projects worth US$15 billion.
DCR has a global right-of-first-refusal for around 300+ data centres with a minimum occupancy of at least 90%.
In the first quarter of 2025, the gross revenue increased by 84.2% year-on-year, reaching US$88.9 million.
NPI surged 52.2% year on year to US$46.3 million.
However, DPU came in flat year on year at US$0.018, impacted by higher finance costs.
The data centre REIT’s aggregate leverage stood at 38.3%, giving it sufficient debt headroom to conduct more yield-accretive acquisitions.