2022 isn't a good year for Singapore REITs investors, the average return is at negative double-digit even after taking in dividends. The fed rate hike is fast and furious in 2022 which increased from 0% - 0.25% at the beginning of the year to 4.25% to 4.5% at the end of the year. Despite the rate hike would slowdown moving forward, there is still no clear indication of the terminal rate at this moment.
Overall Returns Let's take a look at the overall returns from the graph below, including Business Trusts - CapitaLand India Trust & Dasin Retail Trust. Note that the dividend is based on the ex-dividend date.
The return is really miserably for 2022, with only 5 counters having positive returns and 2 counters losing more than 50%. Next, let's look at the detailed table breakdown:
