Average 9.6% YTD total return for S'pore office Reits
Mindy Tan
SINGAPORE-listed office real estate investment trusts (Reits) have generated an average year-to-date return of 9.6 per cent and a median of 10.4 per cent, according to an SGX My Gateway report.
These compare with the respective rates of 10.2 per cent and 10.5 per cent for global office Reits.
The median indicative yield of the six trusts in Singapore is 6.1 per cent compared with the global average of 4.5 per cent and the global median of 4.3 per cent.