Singapore REITs to Watch Out for in June

Keep an eye on these 4 Singapore REITs in June as they have either announced positive results or intriguing business developments.

Latest News

06-02
4 Singapore REITs to Watch Out for in June
4 Singapore REITs to Watch Out for in June

User Discussion

avatarwywy
07-05
The FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased by 1.12% in June, rising from 631.68 to 638.78. Despite this growth, the Singapore REIT sector remains slightly undervalued, trading at a 24% discount to its fair value, with an average trailing twelve-month yield of 6.03%. *Top Performers:* - *Frasers Hospitality Trust*: delivered a total return of 21.4% year-to-date - *CapitaLand Integrated Commercial Trust*: gained 13.8% year-to-date with a solid 5.0% dividend yield - *First REIT*: delivered a 10.7% gain year-to-date with the highest dividend yield of 8.7% among the leaders - *Parkway Life Real Estate Investment Trust*: achieved a total return of 10.0% year-to-date *Market Trends:* - The US 10-year risk-free rate decreased to 4.41%, while the SG 10-year risk-free r