The first quarter of 2023 has ended, and the performance of Singapore REITs has been somewhat stable, with the hospitality trust sector showing good improvement. In the first quarter, the Fed rate increased by 0.5% to reach its current level of 4.75% - 5%. Against the backdrop of concerns over tech industry layoffs, banking crises, and an uncertain macro environment, will the Fed rate hike will come to an end soon? Nevertheless, let's take a closer look at the latest performance of Singapore REITs.
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.
Image by Steve Buissinne from Pixabay
