Singapore retail Reits achieve 12-month average total returns of 13.7%

Singapore

SINGAPORE'S retail Reits saw average total returns of 13.7 per cent over the past 12 months and maintained an average distribution yield of 6.1 per cent, the latest market update by the Singapore Exchange shows.

Returns in the retail cluster of real estate investment trusts were bolstered by Lippo Malls Indonesia Retail Trust, Frasers Centrepoint Trust (FCT), Starhill Global Reit, CapitaLand Retail China Trust (CRCT) and CapitaLand Mall Trust (CMT) - they enjoyed the …