Industrial S-Reits' return on assets most resilient: IREUS
Most S-Reits' ROAAs declined in FY2020, with hospitality, retail, healthcare players slipping into negative territory
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AMONG Singapore-listed real estate investment trusts (S-Reits), the industrial sector took the smallest hit to their return on average assets (ROAA) from the Covid-19 crisis.
Industrial S-Reits averaged a dip of just 0.5 percentage points in fiscal 2020, from the previous year, showed data from S&P Capital IQ Pro.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025