While the price movement has been very mild since the IPO, I do not expect such stocks to have high appreciation as these stocks are mainly dividend stocks.
Why do i invest in REITs:
- Exposure to REIT sector, apart from existing investments in equity and bond unit trust funds.
- High Yield: the expected dividend from these stocks of around 7% is much higher than prevailing annual fixed deposit rates.
- Low volatility: Since i do not have much time to monitor the stock movements, these stocks are suitable for me due to its lower volatility.