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