Inconsistencies in rental revision computation may give investor an over-optimistic or pessimistic impression of the property situation as well as manager’s ability. Recently, Prime Grade A focused commercial REIT Keppel REIT (dividend yield 6.3% ) made an annoucement regarding the way they compute their rent reversion. Rent Reversion Underlying REITs are different properties that the REIT rent out. These lease terms could range from short of 1 year to as long as 20 year (for some of Keppel REIT’s Australian properties for example). When the term expire, the tenant and the landlord have to negotiate for a new rent for the renewal, and other details such as how long to rent for, incentives, and other terms. During good times , when there is limited supply and booming demand , the rent reversion can be high positive . During bad times , where there is more supply and demand ...