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20 years on, S-Reits market must step up and remain a ‘gateway to the world’

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Jude Chan

Jude Chan

Published Tue, Jul 19, 2022 · 05:50 AM
    • Ronald Tan, SGX Group’s vice-president of global sales and origination, noted that the market cap of S-Reits has grown by a compound annual growth rate of 13 per cent over the last 10 years.
    • Ronald Tan, SGX Group’s vice-president of global sales and origination, noted that the market cap of S-Reits has grown by a compound annual growth rate of 13 per cent over the last 10 years. PHOTO: CAPITALAND

    THE real estate investment trust (Reit) market in Singapore started 20 years ago this week. And it has since experienced explosive growth to become the largest Reit and property trust market in Asia outside Japan.

    One of the key reasons for this, market watchers said, has been the “global orientation” of Singapore-listed real estate investment trusts (S-Reits).

    “The S-Reit market grew well initially with mainly domestic local assets. It then exploded, in terms of market capitalisation, after S-Reits were promoted as cross-border assets,” said Gabriel Yap, chairman of investment firm GCP Global.

    S-ReitsReits

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