S-REITS lead STI Reserve List

Recent moves of the S-REITS sector have been aligned with global REIT.

Singapore real estate investment trusts (S-REITS) have been in the lead for the Straits Times Index (STI) reserve list, yielding an average of 6%.

The STI Reserve List, which comprises the five highest ranking non-constituents of the STI by market capitalisation, in order of highest market cap are Frasers Logistics & Commercial Trust, Keppel REIT, Suntec REIT, Frasers Centrepoint Trust, and NetLink NBN Trust.

The strongest performers of the S-REITS sector in the 2021 YTD have been ARA Logos Logistics Trust Ascendas India Trust, ARA US Hospitality Trust, PLife REIT, and Sabana Shariah Compliant Industrial REIT, with all five trusts generating double digit gains

The five REITs that maintained the highest yields and have generated gains over the past 12 months include EC World REIT, Sasseur REIT, Soilbuild Business Space REIT, ARA Logos Logistics Trust, and Frasers Logistic & Commercial Trust.

The key drivers over the past nine weeks have been the decline in the COVID-19 infection rates and the pace of the global vaccine rollout. Meanwhile the potential for new contagious strains of the virus remain a key social, economic and market risk.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Daily Markets Briefing: STI up 0.06%; Top stock is SATS
Singapore Airport Terminal Services (SATS) is the top stock with a 2.21% increase.
Markets
SIA to buy up to 4,800 tonnes of sustainable fuel from Aether
Deliveries from the company’s planned Pulau Bukom production facility will begin in 2028.
Aviation