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Singapore-centric developers, construction counters, Reits start 2019 strongly

The five largest of these post average returns of 4.7%, 5.2% and 7.3%, respectively in Jan

Singapore

SINGAPORE'S largest capitalised property developers, construction firms and real estate investment trusts (Reits) with a strong Singapore focus have made a solid start to the year.

According to a Singapore Exchange (SGX) Market Update report, the five largest Singapore-focused developers, construction stocks, and Reits saw average returns of 4.7 per cent, 5.2 per cent and 7.3 per cent, respectively in January this year (as at Jan 26).

Since 2017, the three groups of stocks have also outperformed...

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