Reits outperform STI components

Singapore

SINGAPORE'S 20 largest real estate investment trusts (Reits) and stapled trusts by market capitalisation averaged 20.4 per cent in total returns year-to-date - including share price appreciation and dividends distributed, assuming that these dividends were reinvested.

This beat the 15.3 per cent in total returns that the Straits Times Index constituents yielded, but fell short of developers' winning streak; the 16 largest developer counters by market cap yielded 25.4 per cent in total returns year-to-date, according to data from the Singapore Exchange (SGX) My Gateway, an investor education portal.