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SGX Real Estate Index priced below book value; yields near 6%

Thursday, December 24, 2015 - 05:50

Singapore

THE SGX Real Estate Index is priced below book value with yields near 6 per cent according to an SGX My Gateway report.

As of Tuesday's close, the 54 stocks were trading at average price-earnings (P/E) and price-to-book (P/B) ratios of 12.8 and 0.8 respectively, while

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