More buys than sells in Reits

GLOBAL mutual funds were net buyers of Singapore-listed real estate investment trusts (Reits) in the three months to Oct 10. In aggregate, funds bought S$84.2 million worth of the top five Reits in terms of net buy values, compared to the sell value of S$56.8 million.

In terms of net buys, interest in CapitaCommercial Trust was strongest with a volume of S$40.2 million, followed by Fortune Reit (S$16.6 million). In terms of net sells, Capitamall Trust saw aggregate sales of S$25.7 million, followed by Ascendas Reit with S$15.6 million.

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