Singapore’s nine listed REITs with portfolios in Mainland China have booked an average 2015 year-to-date total return of 7.1%
China-linked REITs outpace sluggish local indices with double-digit gains
They have a one-year return of 11.5%.
Singapore’s nine listed REITs with portfolios in Mainland China have booked an average 2015 year-to-date total return of 7.1%, bringing their one-year and three-year total returns to 11.5% and 54.0% respectively.
The SGX said that the five best performers in terms of total returns YTD were Mapletree Greater China Commercial Trust with a 15.2% gain, Starhill Global REIT with a 12.7% gain, CapitaLand Retail China Trust with a 10.9% gain, Ascendas Hospitality Trust with an 8.3% gain, and Ascendas REIT with a 6.8% gain.
The nine REITS average a 6.3% dividend yield, twice the yield of the Singapore Fixed Income Index (SFI) at 3.0%.