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What is tower REIT?

Tower REIT is a Malaysian-based real estate investment trust which was listed on 12 April 2006. Its key investment objective is to invest primarily in a portfolio of quality office buildings and commercial properties in order to provide Unitholders with regular and stable distributions and achieve medium to long-term growth in the NAV per unit.

Which tower REITs have a high yield?

Here are three tower REITs with yields up to 5.8%. American Tower (NYSE: AMT) is the world's largest owner and operator of mutlitenant communications real estate. Its portfolio currently consists of nearly 225,000 communications sites across the globe.

What are Cell Tower REITs?

Cell Tower REITs, or Real Estate Investment Trusts, are companies that own and operate cell phone towers. They generate revenue by leasing space on their towers to wireless providers. The majority of their revenue comes from long-term contracts with wireless providers, which can last up to 20 years.

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