Recently, I read in the news that two of the REITs in my stock portfolio ranked second place in a governance ranking. The two REITs are Parkway Life REIT and Soilbuild Business Space REIT. Keppel DC REIT ranked first place in the governance ranking.

The name of this ranking is called “GIFT” in short. The full name is called “Governance Index For Trusts“. There are a total of 43 trusts including six stapled securities being assessed using Governance Index For Trusts.

Who Developed Governance Index For Trusts (“GIFT”)?

Governance Index For Trusts (“GIFT”) was developed by Associate Professor Mak Yuen Teen of NUS Business School, a corporate governance advocate and Mr. Chew Yi Hong, an MBA graduate from London Business School and active investor.

What Does Governance Index For Trusts (“GIFT”) Assess?

GIFT assesses REITs and business trusts based on their corporate governance and business risks. Governance …