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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

Nisha Ramchandani

Nisha Ramchandani

Published Sun, Feb 3, 2019 · 09:50 PM
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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).

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