5 top office Reits deliver minus 3.2% return in 2018

Singapore

THE five largest office real estate investment trusts (Reits) on the local bourse with assets in Singapore have brought home an average negative total return of 3.2 per cent year-to-date as of May 3.

This brings their one-year and three-year total returns to 14.3 per cent and 21.8 per cent respectively. They maintain a 5.6 per cent average distribution yield.

The four that have reported their results for the first three mo…