Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.
Ascendas REIT leads the pack with a net institutional inflow of $69.1m.
The five best-performing S-REITs posted an average total return of 8.5% in 2020 YTD, which outpaces the benchmark total returns, according to an SGX report.
Ranked based on their net institutional inflow, Ascendas REIT led its peers at a $69.1m. This is followed by MapleTree Logistics Trust at $25.1m, Frasers Commercial Trust $18.3m, Frasers Logistics & Industrial Trust at $17.3m and Keppel REIT at $15.2m.
Overall, REITs continued to maintain turnover growth in the 2020 YTD, with 43 property trusts generating 26% of the stock market’s $1.23b average daily turnover. This compared to the REIT sector contributing 24% to Singapore’s overall stock market turnover in 2019.
Daily Property News from Singapore
- JTC launches two industrial sites
- HDB issues S$700m notes due in 2027
- IReit Global's CEO quits
- Frasers Commercial Trust obtains S$100m sustainability-linked loan
- FCOT secures $100m sustainability-linked loan
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- SIA suspends selected scheduled flights until May
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Previous news selection
15,700 singles bought HDB flats in non-mature estates since rule change in 2013
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About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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