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2023 Recap: Unveiling Singapore REITs’ Returns
By REIT-TIREMENT  •  December 31, 2023
2023 marked a better year for Singapore REITs, as compared to the challenging time in 2022. More than 50% of REITs achieved positive returns, a big jump from only 5 the year before, albeit mainly due to the starting share prices being lower for comparison this time. Throughout the year, the fed rate went up a bit from 4.25% - 4.5% to 5.25% - 5.5%. In the December FOMC meeting, the Fed signaled 3 rate cuts in 2024, after which, share prices have rallied. This could mean better times ahead and bring some hope for those investing in Singapore REITs. Generated by Playground AI Overall Returns Let's take a look at the overall returns from the graph below, including Business Trust - CapitaLand India Trust. Note that the dividend is based on the ex-dividend date. The return is better for 2023, with slightly more than half achieving positive...
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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