Hot on the heels of the listing of Singapore’s fourth REIT ETF, local lender United Overseas Bank Ltd (SGX: U11), or UOB, has announced a fifth. On 23 November, the UOB APAC Green REIT ETF (SGX: GRN) will start trading on the Singapore Exchange (SGX: S68). Investors interested in sustainable investing should take note. This ETF is the first Asia-Pacific Green REIT ETF, and its constituents are weighted according to scores on environmental performance indicators. But before you buy, here are 10 key facts you should know. (figures are as of 30 September 2021, unless otherwise stated).

1. The ETF aims to replicate the iEdge-UOB APAC Yield Focus Green REIT Index. The index tracks and selects constituents based on yields and environmental attributes.
2. Some of the environmental attributes assessed for constituents relate to energy usage, water consumption, waste management and building certifications. These ratings are performed by GRESB, a global ESG benchmark for real estate assets.

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