New governance index for Reits and trusts gives the big picture
GIFT - Governance Index For Trusts - rates 43 Reits and business trusts on governance and key fundamentals
Singapore
REAL estate investment trusts (Reits) and business trusts (BTs) have become an important feature of our capital market as Singapore aspires to be a hub for such listings.
As at June 1, 2017, there are 45 such issuers with a primary listing trading on the Singapore Exchange (SGX), accounting for a total market capitalisation of S$85 billion. Of the 45 issuers, six are constituted as stapled securities, nine as pure business trusts and 30 as Reits.
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