Newcomers up the ante in governance index for trusts
NetLink NBN Trust debuts in GIFT 2019 at No. 1; Keppel-KBs US Reit, also a newcomer, is in joint sixth with two other listed trusts
Singapore
THE third edition of the Governance Index for Trusts (GIFT) assesses the governance and business risk of 46 real estate investment trusts (Reits) and business trusts (BTs) listed on the Singapore Exchange (SGX).
Four trusts are new to GIFT in the 2019 edition, having more than a year of listing status to allow us to assess them meaningfully. They are Cromwell European Reit, Keppel-KBS US Reit, NetLink NBN Trust and Sasseur Reit.
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