Normally, I’m not an active blogger due to my day job, which requires me to dabble in technology and finance, but when an interesting piece of news comes across my desk, I can’t pass up the chance to write. In case anyone hasn’t heard the news yet, Phillip Capital has launched an IPO for a REIT ETF to be listed on the SGX, and from the product fact sheet, the ETF shall track a list of Asia-Pacific REITs, excluding Japan. Given the large expanse of Asian-Pacific countries, it’s no surprise that Australia, Hong Kong and Singapore comes up tops in the list, as the three countries are considered more “developed” than others in the APAC ex-Japan region. It is thus expected that Australian REITs will make up most of the weightage in the index, as shown in the diagram above. Also, almost half of the index comprises of retail REITs, and this is quite ......