Amova-StraitsTrading Asia ex Japan REIT Index ETF (SGX: CFA) is one of the better REIT ETFs for investors who want broad exposure to Asia-Pacific REITs without having to pick individual REITs.The ETF currently offers a trailing dividend yield of around 6.3%.It distributes quarterly, making it attractive for investors seeking regular passive income.Personally, I would view CFA as an income generator rather than a growth engine. It fits well as part of a diversified portfolio alongside global equity ETFs or high-quality growth stocks.

One thing to keep in mind is that REITs have only recently started to recover after the higher interest rate environment. If global interest rates gradually decline over the next few years, many REITs could benefit from lower financing costs and improved valuations. However, I would still expect most of the long-term return to come from its 6%+ dividend yield, with capital appreciation being a secondary source of returns.