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S-Reits in good position to stave off challenges from competing Asian Reit markets

Jude Chan
Published Thu, Sep 1, 2022 · 05:20 PM
    • Loh Boon Chye (centre), the chief executive of the Singapore Exchange, with members of the executive committee of the Reit Association of Singapore (Reitas), at the event to mark 20 years of S-Reits, held at SGX Centre on Thursday (Sep 1) morning.
    • Loh Boon Chye (centre), the chief executive of the Singapore Exchange, with members of the executive committee of the Reit Association of Singapore (Reitas), at the event to mark 20 years of S-Reits, held at SGX Centre on Thursday (Sep 1) morning. PHOTO: SGX

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    SINGAPORE’S real estate investment trust (Reit) market is facing increasing competition from up-and-coming counterparts across Asia, where the asset class is gaining popularity among investors.

    But market watchers say Singapore-listed Reits (S-Reits) – currently the second largest Reit market in the Asia-Pacific outside Japan – are likely to stave off challenges from the likes of Hong Kong, India, Australia, the Philippines and Thailand.

    There are some 43 S-Reits listed on the Singapore Exchange (SGX), with a total market value of more than S$111 billion – representing about 12 per cent of Singapore’s overall listed stocks.

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