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Investors sing 'My Reit will go on'
Reits continue to offer yields of between five and six per cent; the FTSE ST Reit Index was at its highest since May 2013 on Thursday
Add BT as a preferred sourcePublished Thu, Dec 28, 2017 · 09:50 PM
SINGAPOREAN investors are not known for being romantics. But in yield stocks, they have found the love affair of a lifetime.
Income plays, notably real estate investment trusts (Reits), continue to be snapped up as Singapore stocks head for the finishing line in 2017.
The FTSE ST Reit Index hit a new high on Thursday and is at levels not seen since May 2013. That was before the "taper tantrum" began on worries around US tightening monetary policy.
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