facebookParkway Life Reit rose from 0.78 per cent to S$3.89 after joining FTSE EPRA NAREIT. Are healthcare REITs the only REITs doing well in this pandemic? - Seedly

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Anonymous

19 Oct 2020

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Parkway Life Reit rose from 0.78 per cent to S$3.89 after joining FTSE EPRA NAREIT. Are healthcare REITs the only REITs doing well in this pandemic?

AMA Manulife US REIT

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Hi, they are not the only REITs doing well.

Keppel DC REIT rose from 1.76 sgd in March to 3.01 on the date of this post. This REIT owns properties regarding data centers. In the pandemic, tech comapnies such are zoom and slack are thriving because they do not have a physical pressence. These data centers can help the mentioned companies expand globally by insatlling servers in these data centers.

Mapletree Logistics Trust rose from 1.24 sgd to 2.08 on the date of this post. During this pandemic, many people are choosing to shop online. These products need to go through a logistics hub, which is own by MLT, to get to consumers.​​​

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