What happened?
An index of Singapore REITs rebounded in the past week. The
CSOP iEdge S-REIT Leaders Index ETF closed higher for the week at S$0.745,
increasing by 1.6% from its close in the previous week of $0.733. US government bond yields declined following US President-Elect Donald Trump's nomination of fund manager Scott Bessent as US Treasury Secretary, which is seen as a force of stability who will pursue more measured policies. Likewise, the 10-year Singapore government bond yield also fell. The best performing REITs were REITs with industrial assets, including Mapletree Logistics Trust, AIMS APAC REIT, CapitaLand Ascendas REIT, and Mapletree Industrial Trust.
Singapore REITs Top Performers
Parkway Life REITMapletree Logistics TrustAIMS APAC REITCapitaLand Ascendas REITMapletree Industrial Trust
Singapore REITs Worst Performers
OUE REITBHG Retail REITIREIT GlobalSabana Industrial REITPrime US REIT Check out our
Singapore REIT screener to discover the best REIT for your portfolio.
REITs news of the
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